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Comment Re:One place for all the hate (Score 2) 387

Goodluck to them scaling it without AWS etc hosting the service, they don't stand a chance

Pfft. Who needs AWS when you'll be as big as or bigger than AWS and Google Cloud

In a slide deck on its website, the company envisions eventually competing against Amazon.com's AWS cloud service and Google Cloud.

Comment Re:Public (Score 4, Interesting) 387

Not only that, but would a public company allow users to post whatever they want and not have the content moderated or deleted, and will the member never get banned? That is a major grip of his and part of the reason why he's creating this company.

Is Trump still in favor of eliminating section 230 protections now that he's starting his own media company?

Comment Re:Shouldn't the ads from smart TVs lower the pric (Score 5, Informative) 87

With the fact that a number of smart TVs require a connection to a Wi-Fi AP for them to "update firmware"... shouldn't the prices on those be cheaper, because ads are subsidizing them, and all the telemetry data from the smart TV stuff is being slurped up?

They already are fairly cheap. TV manufacturers don't make much on them anymore. The margins keep shrinking.

Let's use Vizio as an example:

During the 3 month period ending June 30, 2020, they did $366.9 million in revenue for their devices segment (mainly TVs, but also soundbars). Gross profit was $40.2 million, giving their devices a margin of 10.96%.

During the same period for 2021, they did $355.6 million in revenue for their devices. Gross profit was $32.1 million resulting in a margin of 9.56%.

Now let's compare Devices to their Platform Plus segment (where they make money from ads, service subscription sign-ups, etc.):

For the 3 month period ending June 30, 2020, Platform Plus revenue was $26.6 million and gross profit was $17.8 million. Margin? 66.92%

For the 3 month period ending June 30, 2021, Platform Plus revenue was $65.5 million and gross profit was $47.5 million. Margin? 72.52%

So while Vizio device sales generate the majority of revenue, it's the Platform Plus segment that's more profitable.

Vizio even stated so in their IPO filing: "We believe that Platform Plus will be the key driver of our future margin growth and financial performance."

That means their devices will become less and less profitable over time. They even stated so in their most recent Financial Results and Outlook for Q2 2021: Devices: Gross margins to trend toward single digits over the coming quarters, more in line with long-term trend.

Submission + - American Bumblebee Has Disappeared From 8 States And Faces Extinction (usatoday.com) 1

phalse phace writes: The dwindling populations of the American bumblebee and their complete disappearance from eight states has led to a call for the bee to be placed under the Endangered Species Act before they face extinction.

Maine, Rhode Island, New Hampshire, Vermont, Idaho, North Dakota, Wyoming, and Oregon each have zero or close to zero American bumblebees left, according to a petition by the Center for Biological Diversity and Bombus Pollinators Association of Law Students.

Over the last two decades, the American bumblebee population has decreased by 89% across the U.S. New York had a decline of 99% and they disappeared from the northern part of Illinois that has seen a 74% decrease in population since 2004, the petition said.

Climate change, pesticides, disease, habitat loss and competition from honey bees are listed as driving the bee to extinction. The loss of the insect could cause serious repercussions to the environment and crop production due to them being essential pollinators in agriculture. If the American bumblebee is added to the endangered species list, it will join the rusty-patched bumblebee, and If granted federal protection, anyone found to have killed or harmed the bee could face up to $13,000 in fines.

Comment Re:I'm finding it doubtful (Score 3, Informative) 37

I'm finding it doubtful that whatever is called Palm today has anything at all to do with the PDA manufacturer beyond some legal history. I suspect what this article actually means is "The marketing department of whoever owns the Palm trademark has decided to see if it can be used to sell earbuds."

Palm was acquired by TCL from HP (HP paid $1.2 billion for it in 2010) back in 2015

Submission + - Microsoft Shutting Down LinkedIn In China (wsj.com)

phalse phace writes: "Facing a significantly more challenging operating environment and greater compliance requirements in China," Microsoft has decided to shut down LinkedIn.

The announcement follows the rebuke of LinkedIn executives by China’s internet regulator in March for failing to control political content and gave them 30 days to do so. In recent months, LinkedIn notified several China-focused human-right activists, academics and journalists that their profiles were being blocked in China, saying they contained prohibited content.

LinkedIn said it would replace its Chinese service, which restricts some content to comply with local government demands, with a job-board service lacking social-media features, such as the ability to share opinions and news stories.

Comment Re:lockdowns ftw (Score 4, Informative) 575

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