Category: Internet
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Ride-Hailing’s “iPod moment”
As I write this sentence, Lyft’s stock is worth $56.02 per share, which means that the stock has lost 41% of its value since its March 29th debut on the Nasdaq. Likewise, Uber will make its Initial Public Offering in the coming weeks, and it can expect a similarly bumpy ride as its filing has shown,…
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Why Amazon’s house brands will win big
On Monday, a pair of Bloomberg articles by Spencer Soper surfaced a recent Jungle Scout study arguing that Amazon’s house brands aren’t selling well. For example, in apparel, “only one percent of Amazon’s total sales account for its private label brands.” One of Soper’s articles, “Most Amazon Brands Are Duds, Not Disrupters, Study Finds,” ends in a…
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Why Google Should buy eBay: Digital Assistant Wars
Last week, Allison Prang reported in The Wall Street Journal that eBay, under pressure from activist investors, is planning a strategic review of its assets, including its classified ad business and StubHub, in order to “drive meaningful shareholder value.” This is code for “we want to sell off a bunch of things in order to…
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Why direct-to-consumer (DTC) companies fail
Three popular letters this month are DTC, which stands for “direct to consumer.” DTC is an exploding category for low consideration products that we used to buy in person at the pharmacy or grocery store. Then we got Amazon and could order online. Now, we can also go directly to the manufacturer, cutting out the…
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No algorithm for serendipity
What do Mister Rogers and artificial intelligence have to do with each other? This is a column about the nature of human expertise. That sounds like airy philosophy, but it’s actually an urgent practical question facing us as a species today because of the pressure that algorithms (artificial intelligences and machine learning) put on what we…
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Analog Pleasures in a Digital World
At first, it was hard to appreciate the elderly woman seven rows in front of us who had a sudden coughing fit during the opening minutes of Copland’s “Appalachian Spring” at a recent trip to the symphony. But as I winced through the coughing and throat clearing that sat between us and the orchestra, I…
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The Flip
It may be the most heartbreaking half hour ever seen on television. “Time Enough at Last,” a 1959 episode of the legendary anthology series The Twilight Zone, features Burgess Meredith as Henry Bemis, a thick-glasses-wearing bank teller who loves nothing more than reading, but whose wife, boss, and other circumstances interfere with his ability to…
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All the news that’s fit to ignore
I missed the mid-terms last week. It was great. Don’t get me wrong: I voted early by mail, so I did my civic duty. It’s what happened after I dropped my ballot that’s interesting. Due to travel in the wilderness and no access to the internet or other media, on Tuesday, November 6, I didn’t…
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2023: Why Comcast should worry
For years I’ve thought that—while Comcast’s cable television business had a future that made polar bears wince in sympathy—its lock on the cable internet business made the company invulnerable. Sure, cord-cutting and cord-shaving are eroding cable TV. Younger people in particular, unless they are big sports fans, don’t bother to subscribe (cord-nevers). However, Comcast still…