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Tech Brew Ride Home

Tue. 02/05 - Facebook Turns Fifteen

Tech Brew Ride Home

Amalgamated Internets, LLC

News, Tech News, Technology

4.71K Ratings

🗓️ 5 February 2019

⏱️ 19 minutes

🧾️ Download transcript

Summary

It’s getting more expensive for Google to make money, Facebook turns fifteen, choosing your own adventure is becoming a trend, and one specific way Fortnite is measurably bigger than the Super Bowl.  Sponsors: Metalab.co DataDogHQ.com/ridehome Eero.com/ride and code: ride at checkout Links: Being Google is getting very expensive (QZ) Zuckerberg's Facebook Post Facebook Makes First Blockchain Acquisition With Chainspace: Sources (Cheddar) Boring Game Plus New Orleans Rebellion Leads to Ratings Drop (NYTimes) 'Fortnite' Had 10 Million Concurrent Players In The Marshmello Concert Event (Forbes) iPhone XR Review (AnAndTech) Amazon Alexa Now Lets You Choose Your Own Adventure (Geek.com) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Ride Home for Tuesday, February 5th, 2019. I'm Brian McCullough.

0:09.0

Today, it's getting more expensive for Google to make money.

0:12.8

Facebook turns 15.

0:14.6

Choosing your own adventure is becoming a trend,

0:16.6

and one specific way Fort Knight is measurably bigger

0:20.6

than the Super Bowl.

0:22.0

Here's what you missed today in the world of tech.

0:29.2

I think we're basically done with tech earnings season. It is a compressed week every time. I think

0:35.3

those SNAP Spotify and Twitter are still to go so there could still be some

0:38.8

surprises. Is there anyone else I'm forgetting? Anyway, Alphabet reported Q4 revenue yesterday

0:46.0

of $39.3 billion, which was up 22% year over year.

0:51.0

But there were a few little concerns.

0:53.7

Google's ad business was up 20% year over year to $32.6 billion.

0:59.0

And Google's Cloud Services Hardware, Play Store, and other businesses generated $.5 billion in revenue, a 31% increase year

1:06.0

over year. But by and large, Google is still an advertising one-trick pony. It's a very fine pony, it's a cash machine pony, metaphor

1:17.0

getting mixed. Problem is, the cost of making money off of that advertising business also rose 25% year over year.

1:27.0

As courts put it, it's getting expensive for Google to be Google.

1:32.0

Quoting Quarts.

1:33.0

Much of those costs were from the fees Google pays to companies like Apple

1:37.0

to be the default search engine on iPhones and other devices

1:40.0

which are called traffic acquisition costs.

1:42.0

Traffic acquisition costs.

...

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