After Math: Fast, throw some cash at it

pay

Engadget

The NYT taught us all a beneficial lesson on alternative prices this week. Why spend the effort and time to develop a high quality podcast in-house when you’ll be able to sipky spend round $50 million to purchase one of the crucial well-known podcast manufacturing studios within the enterprise? Let’s see how lengthy the Occasions can go with out gutting Serial Productions like they just did Wirecutter.

gogoel

Engadget

You recognize your corporation has Scrooge McDuck cash when you’ll be able to comply with up a billion greenback dedication to Bay Space housing with an extra $four million to assist fund native homeless providers the very subsequent 12 months. Although if there’s one factor Silicon Valley has confirmed adept at, it’s the power to spend large quantities of cash within the pursuit of mediocre outcomes. Taking a look at you, Galaxy Fold.

fb

Engadget

People you aren’t going to consider how sorry Fb is for violating your privateness and utilizing your data to illegally arrange biometric databases again in 2015. The social media firm is so ashamed of its actions so needs this lawsuit to go away that its tossing in an additional $100 million {dollars} on prime of the $550 million settlement its already has to pay. Coincidentally, Mark Zuckerberg has personally made $30 billion for the reason that begin of the pandemic because of your information.

tiktoctoe

Engadget

Social media content material creators are sometimes handled very like NCAA athletes, anticipated to provide leisure, not for cash (which is how the remainder of the economic system works) however merely for “the love of the sport.” That’s unacceptable so it’s nice to see Tik-Tok of all social media websites doing one thing to repair it. The corporate introduced final week that its forming a $200 Creators Fund to compensate its prime abilities.