TTM Revenue is $561 Million. Am I the only one that thinks this is insane? Even with the Q4 market route some of these cloud stock valuations have a bubble feeling to them.
Kind of confused why Rekognition continues to be made into the 'bad guy' here. Even if stronger protections are rolled out for this it's become far too easy to make these types of systems to do a great job of keeping them at bay at this point. Most people with programming experience could roll out a reasonably accurate facial comparison/recognition model like Rekognition and deploy it to a Raspberry Pi without expelling too much effort. There are many open datasets for it
Kind of interesting to see Microsoft & Amazon 'passing by' Google lately, considering how much more earning power they have than either of them.
Even if Amazon didn't spend a dime on R&D the most they could've earned on operating income is ~$26B, if Microsoft zeroed out their R&D they could've had about ~$35B.
Meanwhile, if Google decided to go full-profit last year they would've had on the order of $42B.
Also improves their offering against companies like Shopify and Salesforce. Square's never really offered an online store option beyond allowing you to link your account with companies like BigCommerce, WooCommerce, Magento, etc. putting them at a disadvantage as most brands want a strong online presence that a horizontally integrated offering won't be as good at providing.
>"I actually wish you could set them to instantly go to your story rather than having to transfer the photos to your phone and do it manually later."
Is there any word on why this is? These would be a lot better if I could just click the button on the glasses and have it post to my story automatically (I understand this means the user wouldn't be able to add any overlay effects but I feel like the vantage point of the video is the main attraction to posting it in the first place). With this friction it makes the process a bit less sexy.
Seems like part of what this article is discussing is the emerging 'Shopify effect'. The barriers to entry for starting an online brand-based business have plummetted to the point where even people with little means financially and no means technically can still set up a business for a fraction of what it cost in the 20th century. I wouldn't be surprised if we're in the middle of a Cambrian explosion-esque period for consumer-based brands.
Very good postulation I had not thought of that. I think it will be important for HN to retain that level of quality as I think we have all benefitted from the higher-than-average level of thought that goes into an HN comment relative to other internet communities.
Seems like the quality of content & comments posted on HN goes down dramatically whenever the discussion is on Facebook or Snap. I understand these are hot-button companies but I think HN could do better than to have these aimless discussions on obscure things. For the vast majority of companies this news would hardly even get posted.
Can anybody who lives in the valley speak to whether people really hate Zuckerberg enough over there to the point where this seems like a rational thing to do? I live out in Mass and while the 'scandal' has definitely been front page news, for a company to do this (especially with a well-known entrepreneur) would be decidedly odd.
A brilliant CEO in Elk and an unfortunate industry. It will be interesting to see how they face marginalization. The risk factors of Apple being able to retain 100% of their revenue while Spotify being forced to give away 30% back to Apple is kind of sad. It really does feel like there's continuously diminishing opportunities for companies to get in front of consumers without facing some sort of platform tax.
I find it unfathomable he doesn't have a firm pulse on how YouTube is progressing as a business. It is effectively their Instagram and could end up being bigger than Google search itself. It's their next step forward in monetization which clearly (one would think) would solilcit regular oversight by the founder of the company.
I wonder how long it's going to be until we hear about a direct-to-consumer online pet food store that gives a bag of food to a dog in need for every bag purchased
Snap and Bitmoji are at the top of the charts in the app & play store (even above Instagram for the most part) since the update came out, so I wouldn't be so sure about that.
Under/Over 10 years after Bezos retires, does Amazon end up looking like GE does now? This spree of Amazon getting into markets that are already at near-perfect competition levels is a bit worrying. How many people could reasonably handle a business this complicated, with so many competitors?