Monday, February 4, 2019

Facebook turns 15

https://www.economist.com/united-states/2019/02/02/facebook-turns-15


Though it has just posted record quarterly profits, it seems unlikely that Americans are going to increase the time they spend on Facebook proper. Time on its core social network is declining, probably because users are questioning whether it is as enjoyable as it used to be. Adults in America spent 11.5% of their online time on Facebook’s main platform, a fifth less than two years earlier, according to Brian Wieser of Pivotal Research. Instagram use is rising, but not enough to make up for the core social network’s decline. As more people question whether social media are good for them, Facebook could loosen its grip on America. The relationship with Facebook continues, but the love affair is over.

Friday, February 1, 2019

Has Comcast bet against technology?

https://www.economist.com/business/2019/02/02/has-comcast-bet-against-technology

...Comcast-watchers worry about football. Sky has top-flight football rights, such as the Premier League in Britain, a huge draw for customers. But these are put up for sale every three years, and would become more expensive if a new competitor, like Amazon or Facebook, bid. Yet the tech giants have yet to show real interest in sports rights, and it may be years before they can reliably deliver live events to millions of viewers concurrently. Britain is short on high-speed fibre connections. Mr Darroch says if he tried to deliver Sky Sports entirely over Britain’s broadband infrastructure, “it would simply crash”.