If there is a new tech cold war, it is one with shots fired over a decade ago, largely by China. The questions going forward are about both leverage and values. | Continue reading

Moderating user-generated content is hard: it is easier, though, with a realistic understanding that the Internet reflects humanity — it is capable of both good and evil. | Continue reading

Explore Stratechery by: Concepts | Companies | Topics | Search Aggregation Theory Disruption Theory Incentives Technology and Society Evolution of Technology Media Strategy and Product Management | Continue reading

Uber’s S-1 raises more questions than it answers | Continue reading

TV is moving from a world where distribution dictates business models to one where business models need to fit the jobs consumers want done. That is the best way to understand Disney’s latest… | Continue reading

Regulators need to stop blindly regulating “the Internet” and instead understand that every part of the Internet stack is different, and only one part is suffering from market failure. | Continue reading

AWS seems to have a dominant position in enterprise computing, but Google is trying to change the rules to favor their inherent strengths. | Continue reading

Stratechery is on vacation the week of March 18. There will be no Weekly Article or Daily Updates. The Daily Update will resume on March 25. All new subscriptions made since February 25, including … | Continue reading

Senator Warren’s proposal about how to regulate tech is wrong about history, the source of tech giant’s power, and the fundamental nature of technology itself. That doesn’t mean t… | Continue reading

Mark Zuckerberg’s announcement of A Privacy-Focused Vision for Social Networking is not some dramatic pivot: it is a growth opportunity for Facebook and a challenge for regulators. | Continue reading

Companies succeed or fail not based on technology but rather according to their ability to integrate within their value chains. | Continue reading

Apple News is primed to offer a subscription bundle, but publishers should be wary of being Aggregated. | Continue reading

Spotify is making a major move into podcasts, where it appears to have clear designs to be the sort of Aggregator is cannot be when it comes to music. | Continue reading

The lesson of BuzzFeed is that dominant Aggregators like Facebook have no incentive to act against their self interest and support suppliers. | Continue reading

Netflix is an Aggregator, with a value chain that lets it drive demand, raise prices, and dismiss competition. | Continue reading

On Exponent, the weekly podcast I host with James Allworth, we discuss Apple’s Errors. Listen to it here. | Continue reading

Apple had mixed earnings: most of the world was great, but China was bad again. The reason is that in China WeChat matters more than iOS. | Continue reading

The State of Technology, at least in the enterprise space, is strong; consumer tech is another story, and it is time to question the dominance of big companies like Google. | Continue reading

Apple’s earnings point towards a disappointing quarter, and there are also clouds on the “services narrative” horizon, particularly in China. Then, Apple’s (ongoing) mistake… | Continue reading

SAP’s acquisition of Qualtrics shows how the shift in technology has changed business; it is a perfect example of using the Internet to one’s advantage. | Continue reading

IBM has bought Red Hat in an attempt to recreate its success in the 90s; it’s not clear, though, that the company or the market is the same. | Continue reading

Amazon, Google, Apple, and Facebook are battling for the home; what are their strengths, weaknesses, go-to-market strategies, and business models, and who is the favorite? Or does it matter? | Continue reading

Facebook and Google and other advertising businesses are data factories, and regulation will be most effective if it lets users look inside | Continue reading

The EU is back to regulating tech companies, and getting the Internet wrong in the process. That, though, helps illuminate an approach that could work. | Continue reading