Life highlight might be Jon Stewart calling my book “jaw dropping” and “phenomenal.”
Massive thanks to everyone @TheDailyShow. Totally surreal to be there.
Book is on sale now.
youtu.be/NAj9zB4vaZc?si…
An *enormous thread* on alleged @Google@facebook collusion based on the just-released *unredacted* complaint from the Texas AG. First filed December.
Anything PURPLE is newly unredacted.
Yellow/Orange is just normal highlights.
1/?
Chart of the Day:
@Apple’s advertising business has more than tripled its market share in the six months after it introduced privacy changes to iPhones that obstructed rivals, including @facebook and @Google, from targeting ads at consumers.
*A Thread*
For the 1st year, Apple is now earning $1bn+ a day in revenue.
Full year revenue was $365.8bn, up 33% -- its fastest year of growth since 2012.
Net income for the year: $94.7bn.
*New*: @Apple’s privacy settings caused an estimated $9.85bn of revenues to evaporate in the second half of this year at @Snap, @Facebook, @Twitter and @YouTube, as their advertising businesses were shaken by the new rules
Average impact on revenue: -12%
*Thread*
This tweet is getting more likes than articles I spend 2 months writing… sigh. Do me a favour, read this:
How Apple tied its fortunes to China enterprise-sharing.ft.com/redeem/b440ea4…
“Elon Musk's electric car company is days away from closing out its worst month, quarter and year on record and has moved past Meta to become the worst-performing stock in 2022 among the most valuable tech companies” @CNBC on @Tesla
*Thread*
Overnight both @Apple and @EpicGames released hundreds of pages of new documents, containing lots of colour based on discovery and recent depositions. I stayed up reading so you don't have to. Here's what I learnt (couple *bombshells* in here)
Google also owns the largest buy-side and sell-side brokers. "It is pitcher, batter, and umpire, all at the same time," says complaint.
Senior GOOG employee: “[t]he analogy would be if Goldman or Citibank owned the NYSE.”
More to the point -- if NYSE was the only stock exchange
I’m sorry there’s no recording of this — it was prohibited — but basically Musk replied “Mr. Tweet?” The whole courtroom laughed. And then Musk said: “actually pretty accurate”
Going by memory here, not for the history books
Some readers are demanding an edit to my claim that Apple’s market value has grown $700m a day in Tim Cook’s 10.3 years as CEO.
They are right to be stunned. This statistic is crazy. It’s also true.