Monopolists do innovate, but they innovate in legal arbitrage. Apple spends $1 billion on legal services.
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Google’s Adam Cohen says there are many alternatives to Google as information providers. That’s just not true in search. Bing and Google are the only full web indexes.
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Matt Perrault of Facebook brings up TikTok as a new and important competitor.
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Matt Stoller Retweeted Revolving Door Project
Yup. Here are big tech lobbyists testifying now.https://twitter.com/revolvingdoorDC/status/1151208513886142465?s=20 …
Matt Stoller added,
Revolving Door Project @revolvingdoorDCAmazon and Apple’s representatives at this antitrust hearing are cut-and-dry Revolving Door cases. Nate Sutton was a DoJ antitrust lawyer for nine years, and now defends Amazon from competition questions. And Apple sent Kyle Andeer, who managed the FTC’s Intel case.Show this thread1 reply 5 retweets 19 likesShow this thread -
Matt Stoller Retweeted Revolving Door Project
Matt Stoller added,
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Matt Stoller Retweeted Julia Carrie Wong
Smell the democracy. Smell it. SMELL IT!https://twitter.com/juliacarriew/status/1151198566863388673?s=20 …
Matt Stoller added,
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Apple’s Kyle Andeer says Apple democratizes coding. So much democracy!
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Matt Stoller Retweeted Brian Fung
Godzilla is not a problem, there is always Mechagodzilla.https://twitter.com/b_fung/status/1151212893175762944?s=20 …
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Nice question.
@RepMGS points out that Google results for youtube produced shows don’t show up on search, but search results for non-google produced shows do show up. Adam Cohen just denies the discrepancy.1 reply 3 retweets 15 likesShow this thread -
Matt Perrault says two of Facebook’s key innovations were newsfeed and the Like button. Those are both almost ten years old!
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Weren't both done earlier by FriendFeed (which FB later acquired)?
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Replying to @michael_nielsen @matthewstoller and
Certainly this 2009 article suggests FB copied the like button from FriendFeed:https://www.cnet.com/news/facebooks-fond-of-friendfeeds-like-button/ …
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