News for hackers. Stuff that matters.
Re:Silicon Valley braces for the good times to end by candiddevmike on Saturday June 11, 2022 @10:48AM (#31704820)
Every tech company you listed has some kind of ad-based revenue. They're all data vacuums, and a lot of their current and especially future value is tied to how much user data they have access to and how they can monetize it further.

You ever hear the phrase data is the new oil?

Re:Silicon Valley braces for the good times to end by spacedcowboy on Saturday June 11, 2022 @10:54AM (#31704865)
“some kind of ad-based revenue” carrying a lot of water in that sentence. Apple, for example, have an ads business, but it’s a drop in the ocean compared to iPhone, or hell even iCloud.
Re:Silicon Valley braces for the good times to end by cudgy on Saturday June 11, 2022 @01:05PM (#31706059)
I’ll take oil over their largely useless data. A large percentage of the ad data is tailored toward the same things like “what types of ads are people forced to click on?”.