Meta's Revenue Challenges and Grammarly's Writing Support

That Netflix ad tier seems to be paying off. But it’s also the end of the road for those famous red envelopes. We’re about to see a foldable Pixel phone. More layoffs from Meta. More links in bio for Instagram. And forget data being the new oil. What if data was the new fertile farmland to be rented out to LLMs for harvesting?

Sponsors:

• Grammarly.com/techmeme
• leadership.oregonstate.edu/cic

Links:

• Netflix Adds 1.75 Million Customers in Q1 2023; Grows to 232.5M Globally (The Streamable)
• Netflix Gains 1.75 Million Subscribers, Axes DVD-Rental Business (WSJ)
• Google to launch its first foldable phone, the ‘Pixel Fold,’ in June (CNBC)
• Meta has started its latest round of layoffs, focusing on technical employees (CNBC)
• Instagram takes on Linktree and others with support for up to 5 ‘links in bio’ (TechCrunch)
• Reddit Wants to Get Paid for Helping to Teach Big A.I. Systems (NYTimes)

Learn more about your ad choices. Visit megaphone.fm/adchoices