Tech Brew Ride Home Fri. 06/30 – Apple $3T?
Jun 30, 2023
Apple is on the brink of closing above a $3 trillion market cap again, but concerns over declining revenue linger. Meanwhile, Google plans to remove news links in Canada, shaking up digital content sharing. Meta is experimenting with direct app downloads from ads, while self-driving cars are raising new privacy concerns as police request their footage for evidence. The discussion also touches on innovative tech approaches to wildfire prevention and the struggle of mixtape sites in the age of streaming.
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Apple's Bullish Outlook
- Apple's market cap exceeding $3 trillion suggests investor confidence.
- This bullishness persists despite predicted revenue decline, indicating a potential growth renaissance.
Google vs. Canada
- Google plans to remove Canadian news links from its platforms due to Bill C-18's 'link tax'.
- They argue this tax creates financial liabilities and disrupts the open web's functionality.
Meta's App Distribution Play
- Meta will let EU users download apps directly from Facebook ads, leveraging new DMA regulations.
- This pilot program aims for higher conversion rates and offers developers full control over billing initially.