Friday, May 4, 2018 - Would You Pay For Facebook?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 4 May 2018

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Would you pay for a Facebook subscription? Would you pay for Facebook satellite internet? Instagram adds native payments, Warren Buffett doubles down on Apple, the weekend longreads suggestions and plenty more. Stories from: @NellieBowles, @beckyquick Jokes from: @behindyourback Links:Facebook Weighs Ad-Free Subscription Option (Bloomberg)Facebook May Have Secret Plans to Build a Satellite-Based Internet (ieee spectrum)Instagram quietly launches payments for commerce (TechCrunch)Buffett's Berkshire Hathaway bought a stunning 75 million Apple shares in first quarter (CNBC)Why Regulators Should Approve the T-Mobile/Sprint Deal (Tech.pinions)The ‘Race to 5G’ Is Just Mindless Marketing BS (Motherboard) Longreads:‘Hi, It’s Amazon Calling. Here’s What We Don’t Like in Your City.’ (WSJ)Over 400 Startups Are Trying to Become the Next Warby Parker. Inside the Wild Race to Overthrow Every Consumer Category (Inc)All We Want to Do Is Watch Each Other Play Video Games (NYTimes)CoinTalk (podcast) Credits: Produced by @brianmcc and the @techmeme editors Music by @jpschwinghamer Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Mem Ride Home for May 4th, 2018. Today, would you pay for a Facebook subscription?
0:14.1	Would you pay for Facebook Satellite Internet?
0:17.4	Instagram adds native payments.
0:20.1	Warren Buffett doubles down on Apple, and the weekend long reads suggestions and plenty more.
0:26.0	Here's what you miss today in the world of tech. In Bloomberg, Sarah Friar is reporting that sources have told her,
0:41.4	Facebook has been conducting market research in recent weeks
0:44.8	to determine whether or not an ad-free
0:47.1	subscription-based version of the service
0:49.6	might be attractive to some users.
0:52.6	Now on the one hand, I'm skeptical of this
0:55.2	on the level of, I mean, I'm sure Johnny Ive
0:58.1	has mocked up some sort of sketches for an apple vacuum cleaner
1:01.3	because why wouldn't he? but that doesn't mean I ever
1:04.6	expect Tim Cook to announce an I suck on stage anytime soon so I'm sure
1:09.3	Facebook has always at least considered some form of subscription version of its service from basically like day one of its existence
1:16.8	but that doesn't mean I ever expected a pay Facebook to come
1:21.6	however some of the details in this piece make this rumor at least interesting.
1:26.0	Friar sources acknowledge that Facebook has studied subscriptions in the past,
1:31.0	but that when it did so, the results seem to show that users would rebel, thinking that
1:35.8	this is just a case of Facebook being greedy, asking them to pay for something that used to
1:40.4	be free.
1:42.3	But I can also see that Facebook might now have a sense that
	...

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