I’m a huge fan of Twitter, and after recently changing the tweet character limit to 280 they’ve now added a tool to create ‘threads’ as Twitter is calling them in the app. This allows you to add multiple tweets together as a collection.
There is an interesting challenge going on, people are deliberately changing their phones to grayscale.
This makes their phones less addictive and less engaging. I’ve been using this for a few days now and I feel calmer now when I use my phone. It’s less distracting and I put it down much faster than normal. It’s definitely worth a try.
– The company considers its mission to be very narrow: add value in specific areas where they can create tremendous value uniquely and under conditions (technologies and business models) they can control.
– Creating products is very cash efficient. For example, the iPhone–the most successful product of all time–cost almost nothing to develop; certainly nothing that required Apple to dip into its cash.
– Apple buys for teams and their intellectual property. Apple does not buy “business models” or customers or cash flows which is what large companies are valued for.
Today I created an account on the Crypto Exchange called binance. When transferring my funds from coinbase I had to pay a fee of €12,05. This is a massive amount which is caused by the massive price increases in bitcoin the last couple of years. This demonstrates for me that instead of being an acceptable replacement for dollars or euros it’s a speculative currency which has no solid or real value.
Axios recently reported that the Washington Post is planning an expansion after reporting their second year of profitability. This is an interesting development as the industry is clearly suffering from radical changes and technological development.
By rightly accepting this they are focusing on “relentlessly innovating, experimenting and disrupting even our own practices” as mentioned in the memo sent to their staff.
Some interesting developments they also noted:
– Their “newsroom has been a laboratory for innovation, capitalizing on the latest advances in storytelling tools“
– “Our technology team continues to push the boundaries […] in areas like artificial intelligence and serverless computing“
– “The partnership between news and technology is powering our growth”
You can read more about these developments here and what products and services they are creating.
With all these improvements and changes they can rightly claim to be “the world’s only 140-year-old start-up”.
Telegram recently announced they are going to use a new Cryptocurrency in their App called TON (Telegram Open Network). While also noting that the development team is going to keep “at least 52 percent” of the number of coins.
This is almost the same as the parent company of the coin Ripple, Ripple Labs Inc. that owns 60% of the coins.
While there are lots of upsides and fascinating things about blockchain these schemes are certainly not what it was intended for.
Now starting an ICO is just another way of making fast-money instead of creating revolutionary new businesses.