Tech Brew Ride Home Thu. 04/29 – What If This Is A Tech Inflection Point?
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Apr 29, 2021 The podcast dives into the idea that the Covid era may mark a pivotal moment for the tech industry. It discusses AT&T's ad-supported HBO Max pricing strategy and Verizon's attempts to offload Yahoo and AOL. The surprising surge in Facebook's advertising revenue highlights ongoing growth. Mighty, a new cloud-based browser, promises to enhance speed for macOS users. Lastly, the limited reach of mmWave 5G offers insights into current connectivity challenges across major carriers.
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Tech Inflection Point
- Big tech companies reported blowout earnings at the start of 2021, despite the assumed end of COVID times.
- This might be a historical inflection point, with tech hypergrowth continuing as people have been evangelized into tech-driven lifestyles.
HBO Max Pricing Strategy
- WarnerMedia will charge $9.99/month for the ad-supported HBO Max tier, significantly undercutting Netflix's standard $13.99 price.
- This lower price point aims to attract more cost-conscious consumers and expand HBO Max's reach.
Verizon Media Assets Sale
- Verizon is exploring a sale of its media assets, including Yahoo and AOL, for $4-5 billion.
- This comes after their digital media business failed to meet revenue targets, despite significant investments.