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Search resuls for: "Stratechery"


4 mentions found


☆ Apple could sink Elon Musk's Twitter by yanking it from the App Store. But it would put Apple in jeopardy too.
  + stars: | 2022-11-30 | by ( Paayal Zaveri | ) www.businessinsider.com   time to read: +6 min
Elon Musk is claiming that Apple threatened to remove Twitter from its App Store. While Apple could find a reason to take Twitter off the App Store, it likely will not, experts said. Experts say Apple could find a reason to take Twitter off the App Store, and doing so would devastate the company. That could be a basis for Apple to remove Twitter from the App Store, Carolina Milanesi, an analyst with Creative Strategies said. Even then, Apple still likely won't remove Twitter from its App Store, because picking a fight with Elon would exacerbate antitrust criticism of Apple.
☆ The cooldown in home prices was a 'once-in-40-years' move, worse than the 2008 crisis that foiled algorithms, said the CEO of America's largest home-flipper
  + stars: | 2022-11-19 | by ( Jordan Pandy | ) www.businessinsider.com   time to read: +3 min
Opendoor CEO Eric Wu says the company's algorithm didn't predict housing market shifting so quickly. The quick market shifts rivaled those of the housing crisis of 2008, he said. Opendoor's forecast did factor in higher interest rates, according to Wu, but not for home price appreciation to shift alongside it. "We were pricing in the interest rate movements" but didn't also account for the dramatic shift in home prices, he said. According to Wu, Opendoor tested previous market conditions, but the speed of the most-recent shift was far greater than previous shifts — including the 2008 financial crisis.
☆ Mark Zuckerberg defended the $1,500 price tag for Meta's new VR headset as 'break-even', adding that Apple charges 'as much as it can' for hardware
  + stars: | 2022-10-12 | by ( Lakshmi Varanasi | ) www.businessinsider.com   time to read: +2 min
Mark Zuckerberg said Apple charges "as much as it can" for hardware in an interview with Stratechery's Ben Thompson. He's said his VR headsets are priced at the break-even point, or even a loss, for Meta. Zuckerberg has been in "deep, philosophical competition" with Apple since he announced his bid for the metaverse last year. "It's typically people build hardware and they try to make a profit off of it, where if you're Apple, you build hardware and you charge as much as you can for it," Zuckerberg said. Zuckerberg said that's Meta's newest VR headset, Quest Pro, is priced at just $1,500.
☆ Mark Zuckerberg believes we could have hologram meetings in the next 5 years
  + stars: | 2022-10-12 | by ( Lakshmi Varanasi | ) www.businessinsider.com   time to read: +2 min
Meta CEO said hologram meetings might be a reality in 5 years in an interview with Stratechery's Ben Thompson. Zuckerberg said he wants to build more interactive experiences in the metaverse. Zuckerberg hopes these experiences will foster human connection in the workplace. In the interview, Zuckerberg said meetings "are human connection" and will become important in virtual and augmented reality. Ultimately, Zuckerberg said that human connection sits at the core of what he's been building for the past several years.
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