Australian news war escalation

It looks like Australia is going forward with their ridiculous news law (“If Australia doesn’t get their act together, they may lose all news”, newsletter #44). It passed their House of Representatives this week, and looks set to pass the Senate. It’s perfectly reasonable to have a discussion around how to save news; and it’s perfectly reasonable […]

What’s a monopoly?

It used to be the case that it was pretty easy to spot a monopoly; it also used to be pretty easy to spot anti-competitive practices; but neither of these things is necessarily so easy in the age of the Internet. When we start looking at the large Internet companies, which certainly we will be […]

The Apple car in the news (again)

An Apple car has been in the works, at least in fits and spurts, since 2015. The big question for most people remains … WTF is Apple going to build a car? It’s not at all clear what value they add. To quote Hal Eddins, chief economist at Apple shareholder Capital Investment Counsel, “My initial reaction […]

Apple is building a search engine?

The whole business-news world was awash with speculation this week that Apple is building its own search engine (The Telegraph ($/2), Financial Times ($), Forbes, Forbes again, c|net, etc…). These sites all point out that Google is under anti-trust scrutiny, and part of that is the purported $8–12 billion that Google pays Apple to be the default search engine on Apple devices; and […]

If Australia doesn’t get their act together, they may lose all news

The news business has always been tough. It’s been extra tough since the Internet came along. It’s shrinking in every possible way — relevance, number of reporters, income, readership; you name it, it’s hard to be in the news business. But as we look at the “news” on the Internet, it’s easy to see why, […]

Ad-tech regulation

The UK’s Competition and Markets Authority has released its final report on online platforms and digital advertising. This started as a preliminary look at possibly monopolistic practices by Google and Facebook, who collectively earn about 80% of UK digital-marketing spend. Parts of the UK press are already saying the report doesn’t go far enough, and that […]

Misguided efforts by Europe to save news

News is certainly in need of, and worth, saving — most “news” today is incredible, intentionally divisive, and either prurient or pernicious, and is often mendacious; and even the “good” news sources are running down the path of click-bate for headlines and poorly researched or corroborated stories. Part of this is human nature and what […]