Chapter
The complex relationship between Facebook, Google, and Apple explained
1:08:00 - 1:15:03 (07:03)
This podcast episode delves into the complex businesses of Facebook, Google and Apple and how they make money from the data they collect. The auction model used by Facebook and Google allows advertisers to bid on inventory based on data to ultimately convert to more advertising revenue, while Google pays Apple almost $70-$80 billion for search while Facebook pays nothing.
Clips
Facebook and Google utilize an auction model, where advertisers bid on ads based on the data that they're able to match to the particular ad slot, allowing Facebook and Google to raise prices and keep growing revenue with fewer impressions.
1:08:00 - 1:13:58 (05:57)
Summary
Facebook and Google utilize an auction model, where advertisers bid on ads based on the data that they're able to match to the particular ad slot, allowing Facebook and Google to raise prices and keep growing revenue with fewer impressions. This complicates the dynamic between Apple, Facebook, and Google, as Google pays Apple almost $80 billion for search, where Facebook doesn't pay them anything.
ChapterThe complex relationship between Facebook, Google, and Apple explained
EpisodeE31: Post-vaccination virtue signaling, pandemic lessons, immigration, Caitlyn Jenner for CA Governor, Big Tech earnings & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Amazon's ad business grew 77% YoY, totaling $24 billion and surpassing Amazon Web Services (AWS).
1:13:58 - 1:15:03 (01:05)
Summary
Amazon's ad business grew 77% YoY, totaling $24 billion and surpassing Amazon Web Services (AWS). However, some predict that the four current technology monopolies, including Amazon, may face breakup by the end of the decade.