Zuck chooses a different kind of cage match, hitting Musk where it really hurts @djtgallagher on Instagram’s Threads launch @WSJheard https://t.co/BUbS2gjDDp
Target is trying to bank on “affordable joy” right now. History shows it can’t sell happiness at any price in a recession. @JinjLee @WSJheard https://t.co/aZlkeGdqA2
Worst job in tech is filled. @DoubleLJSquared and I looked at what a challenge a new Chief Twit would face -- way back in December. Still stands. https://t.co/64v928yN3y
Disney+ subscribers, coming soon to a TV near you: Less new content, higher prices and Hulu bundles. All in day’s work for Iger, at the less-than-happiest place in the world, says @djtgallagher https://t.co/hoGLtqkmnc
Uber earns abridged: Continues to Eats Lyft with platform advantage; has classy words for rival even as it all but totals it. Freight its own train wreck. More from @djtgallagher here for @WSJheard https://t.co/uZpMa0BFTb
Meta print: good - added 37m DAU; bad - no more significant cost cuts likely; ugly - forecasting +$13.7B in losses this year for reality labs. @djtgallagher says investors need to decide which of those they’re betting on. https://t.co/a0gnXhlhVF
More than a million people!! may still be using Netflix the ol’ fashioned way: via DVDs. @djtgallagher explains why that is still just a rounding error for the streaming giant. https://t.co/xzdMkYKoWp
Social media's latest push for paid subs isn't really for the masses. @DoubleLJSquared with an insightful look at who $META, $SNAP and this bird app really need to get paying up: https://t.co/XSC2x4N2qe
I wrote this weekend’s Heard essay on social media’s subscriptions - how they’re already upsetting users, but also how they were inevitable and are also generally misunderstood. For @WSJheard $meta $snap $msft https://t.co/2LlZSIkCZa
Microsoft plans to use the AI tech behind ChatGPT in its Office software. As @djtgallagher explains, the stakes are high. #WSJWhatsNow https://t.co/PSLJjzwfY5
Animal House taught us "knowledge is good." But when it comes to investing, that movie was dead wrong. @Spencerjakab on how less is more if you want to make money in the stock market. @WSJheard
https://t.co/gGtzS44bdb via @WSJ
Re: Meta filing: “Year of Efficiency” is apparently a proper noun. Meta’s data seems to indicate more in person work is better (at least for engineers). Metaverse plans not going anywhere - for better or for worse.
The argument that banks with less than $250 billion of assets can’t be systemically important has just been subjected to a real-life stress test, and failed.
https://t.co/BCo7l79xu4