Barry Ritholtz postulates that the reason why big tech stocks are heading to the moon is because of the “overseas markets.” Apple generated more than 55% of its revenue outside the U.S. in the year ended in September; in some quarters, overseas accounted for as much as 60% of revenue. International accounted for 54.5% and … Continue reading Big Tech is big in Japan (& everywhere except China)
Disruptions, downturns, and recessions make the weak weaker and the strong stronger. It was true centuries ago, and it is true today. The 2001 downturn turned telecom and cable giants into the Internet’s gatekeepers. Microsoft emerged victorious with its Internet Explorer. During the 2008 financial crisis, when cash was king, the big banks — JP … Continue reading The inevitable has happened.
At the end of 2009, I launched a personal blog. It was hosted on ommalik.com, then omis.me, and eventually finding home at this final domain, Om.co. It has been my homestead on the web for almost a decade and has survived the vagaries of the modern Internet. Social networks may have taken some of the … Continue reading Best of the 2010s: Some of my favorite pieces from the last ten years
What about a tax on the sale of personal information, including the use of personal information for ad placement? To be clear, I’m not talking about a tax on collecting information or on using the information collected. I’m talking a tax on two-types of commercial transactions; selling information about individuals to third parties, or indirectly selling information to third … Continue reading Taxing Personal Data
A few months ago when Kickstarter co-founder Yancey Strickler wrote a much talked about essay — The Dark Forest Theory of the Internet — I couldn’t stop nodding my head in agreement. After all, his comments about Big Tech domination of the Internet, and its abuse of privacy and personal data in the name of … Continue reading Kickshitter