Tue. 02/05 - Facebook Turns Fifteen
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 5 February 2019
⏱️ 19 minutes
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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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