Full Width [alt+shift+f] Shortcuts [alt+shift+k]
Sign Up [alt+shift+s] Log In [alt+shift+l]
49
Last week, Meta revealed (in a motion trying to dismiss an FTC anti-monopoly lawsuit) that Instagram made an astonishing $32.4 billion in advertising revenue in 2021. That figure becomes even more shocking when you consider Google's YouTube made $28.8 billion in the same period. Bloomberg reports
a year ago

Improve your reading experience

Logged in users get linked directly to articles resulting in a better reading experience. Please login for free, it takes less than 1 minute.

More from Ed Zitron's Where's Your Ed At

Desperate Times, Desperate Measures

Next year is going to be big. Well, I personally don't think it'll be big, but if you ask the AI industry, here's the things that will happen by the end of 2026: According to the Financial Times, OpenAI's Stargate data center

3 days ago 6 votes
The Era Of The Business Idiot

Fair warning: this is the longest thing I've written on this newsletter. I do apologize. Soundtrack: EL-P - $4 Vic Listen to my podcast Better Offline. We have merch. Last week, Bloomberg profiled Microsoft CEO Satya Nadella, revealing that he's either a liar or a specific

a week ago 35 votes
Reality Check

Like this newsletter? Why not listen to the podcast version on Better Offline? Part 1 is out now (here're other links), and Part 2 comes out Friday May 2nd! I'm sick and god-damn tired of this! I have written tens of thousands of words about this

a month ago 10 votes
OpenAI Is A Systemic Risk To The Tech Industry

Before we go any further: I hate to ask you to do this, but I need your help — I'm up for this year's Webbys for the best business podcast award. I know it's a pain in the ass, but can you sign up

a month ago 41 votes
The Phony Comforts of AI Optimism

A few months ago, Casey Newton of Platformer ran a piece called "The phony comforts of AI skepticism," framing those who would criticize generative AI as "having fun," damning them as "hyper-fixated on the things [AI] can't do." I am not going

2 months ago 38 votes

More in startups

In a world first, Brazilians will soon be able to sell their digital data

Brazil is piloting dWallet, that lets citizens earn money from their data, but experts warn it could deepen inequality.

7 hours ago 1 votes
Service costs aren't exploding anymore

Another common economic narrative that's out of date.

9 hours ago 1 votes
In Dubai’s AI job market, your passport matters

Western job seekers see lucrative offers in the booming AI hub, while others deal with rejections and lower pay.

yesterday 3 votes
America needs its foreign students

We're messing with the engine that makes our country run.

yesterday 3 votes
Taiwan’s chip plants run on migrant workers. Job brokers run their lives

In Taiwan’s AI-fueled chip boom, brokers control everything from paychecks to dorm beds, leaving workers feeling trapped and exploited.

2 days ago 3 votes