For years, Netflix (NASDAQ: NFLX) stock has felt impenetrable. From their lows in 2022, shares kept marching higher, showing no signs of slowing. That is, until the last few months. Netflix stock is now in a 40% drawdown, driven by fears over its proposed acquisition of Warner Bros. Discovery, which could load the business with debt. Are investors overreacting to this potential deal? Let's look into the details of Netflix's business right now and see whether it is time to buy the dip on this storied compo ...

（来源：吴说） 作者：Erik Torenberg 编译：深潮 TechFlow 原文链接：https://www.techflowpost.com/zh-CN/article/30358 声明：本文为转载内容，读者可通过原文链接获得更多信息。如作者对转载形式有任何异议，请联系我们，我们将按照作者要求进行修改。转载仅用于信息 分享，不构成任何投资建议，不代表吴说观点与立场。 在风险投资（VC）的传统叙事中，人们往往推崇"精品店"模式，认为规模化会丧失灵魂。然而，a16z 合伙人 Erik Torenberg 在本文中提出了针锋相对的观 点：随着软件成为美国经济的支柱以及 AI 时代的到来，初创公司对资本和服务的需求已发生质变。 他认为，VC 行业正处于从"判断力驱动"向"赢得交易能力驱动"的范式转移中。只有像 a16z 这样具备规模化平台、能为创始人提供全方位支持的"巨型机 构"，才能在万亿美元级别的博弈中胜出。 这不仅是模式的演进，更是 VC 行业在"软件吞噬世界"浪潮下的自我进化。 全文如下： 因此，现在风投机构的首要目标是创建帮助创始人取胜的最佳接口。其他一切——如何配备人员、如何部署资本、募集多大规模 ...

Peacock's next growth bet isn't a blockbuster show or sports deal. NBCU's flagship streaming service is plotting to sell add-on subscriptions to other specialty streamers on its platform, four people familiar with the plans told Business Insider.Peacock has approached streamers about selling subscriptions to offer viewers content that complements its reality and sports-heavy line-up, these people said. Peacock expects to start with one streamer this year and is likely to limit the offering to a small number ...

Core Viewpoint - The ongoing legal challenges against social media companies, particularly regarding their impact on youth addiction, are being compared to historical tobacco trials, marking a significant moment for the industry [2][10]. Group 1: Legal Proceedings - The current trial involving Mark Zuckerberg is the first of potentially over a thousand similar lawsuits, indicating a broader legal scrutiny of social media practices [3][21]. - Plaintiffs are questioning the enforcement of age restrictions on platforms, particularly regarding users under 13, suggesting that companies have not adequately enforced their own policies [6][7]. - The outcome of this trial could influence the direction of future cases, serving as a bellwether for the legal landscape surrounding social media and youth addiction [12][14]. Group 2: Industry Response and Regulation - There is a growing discussion about the responsibility of social media companies versus app stores (like Apple and Google) in enforcing age restrictions, highlighting a lack of consensus on accountability [7][8]. - Countries like Australia and India are considering or have implemented age-based restrictions on social media, reflecting a global trend towards increased regulation of these platforms [15][19]. - Public health officials are advocating for similar warnings on social media as those on tobacco products, indicating a recognition of the potential harm these platforms can cause to young users [16][18]. Group 3: Societal Impact - The conversation around social media's impact on youth is gaining traction, with parents increasingly concerned about the effects of these platforms on their children [20][21]. - There is speculation about a potential turning point in societal norms regarding social media use among teenagers, with the possibility of restrictions becoming more common in the future [18][19].

Mark Zuckerberg is on the stand today in a very high-profile social media trial in downtown Los Angeles. Julia Borston is live outside the courthouse for us today uh for today's tech check, no less. Julia, what can you tell us.Well, Kelly, Mark Zuckerberg has been testifying for the past hour in this trial on the addictive nature of Meta's product design and potential damage done to kids and teens. Now, one key line of questioning that he's been facing is whether Meta actually prevents kids under age 13 fro ...

Group 1 - Reverend Jesse Jackson, a civil rights icon and two-time Democratic presidential candidate, passed away at the age of 84, leaving behind a legacy of fighting for justice and equality [2][3][4] - Jackson was a key figure in the civil rights movement, known for his work with the Southern Christian Leadership Conference and the Rainbow PUSH coalition [3] - His family emphasized his role as a servant leader and encouraged others to continue advocating for the values he represented [4] Group 2 - Thomas Pritzker, executive chairman of Hyatt Hotels Corp., resigned due to his ties with Jeffrey Epstein, expressing regret over his relationship and acknowledging poor judgment [5][6] - Pritzker's resignation adds to a growing list of business and political leaders stepping down as more details about Epstein's dealings emerge [6] Group 3 - An artificial intelligence summit is taking place in India, featuring prominent tech leaders such as OpenAI's Sam Altman and Alphabet's Sundar Pichai, while Nvidia's Jensen Huang has withdrawn [8] - OpenAI announced the addition of Peter Steinberger, creator of the AI agent OpenClaw, amid increasing competition in the generative AI sector, with Anthropic reporting an 11% growth in daily active users following a recent ad campaign [8] Group 4 - Apple is set to launch an integrated video podcasting experience in the spring, enhancing its offerings to compete with platforms like Spotify and YouTube [10][11] - Snap is introducing creator subscriptions, allowing content creators to earn income directly from followers through paid memberships, similar to models used by Patreon and Substack [12]

Group 1 - Starboard Value has acquired over 9% of TripAdvisor and plans to nominate a majority slate for the board [2] - Danaher is nearing a deal valued at almost $10 billion for medical technology company Masimo [2] - Danaher provides tools and equipment to pharmaceutical companies and hospitals [3] Group 2 - Apple is set to announce an early event next month, expected to showcase new MacBook and iPad models, along with a more affordable iPhone 17 [3] - Apple is making a new push into video podcasting, intensifying competition with Spotify, YouTube, and Netflix [3]

Core Insights - Apple is set to launch a new integrated video podcast experience in Apple Podcasts this spring, responding to the growing trend of video viewership in podcasting, with 37% of individuals over age 12 watching video podcasts monthly [1][2]. Group 1: Product Features and Updates - The update aligns Apple Podcasts with competitors like Spotify, YouTube, and Netflix, which have increasingly focused on video podcasting [2]. - Users will have the ability to switch seamlessly between watching and listening to shows, utilize picture-in-picture mode, and download video episodes for offline viewing [3]. - The new update introduces support for HTTP Live Streaming (HLS), allowing for adaptive video playback and enhanced controls within the app [4]. Group 2: Advertising and Monetization - The HLS format will enable dynamic video ad insertion, allowing creators to include video ads in their episodes without additional distribution fees from Apple, although ad networks will incur an impression-based fee [5]. - Launch partners for podcast hosting include Acast, Amazon-owned ART19, Triton's Omny Studio, and SiriusXM, all supporting HLS video [6]. Group 3: Competitive Landscape - YouTube reported over 1 billion monthly active viewers of podcast content, while Spotify invested over $100 million in podcasters in the first quarter of last year [6]. - Netflix has entered the video podcast space, collaborating with Spotify to bring video podcasts to its platform and investing in original programming [7]. Group 4: Financial Context - Apple's Services segment, which encompasses digital content and subscription businesses, generated $30 billion in revenue in the most recent quarter, although specific revenue from Apple Podcasts is not disclosed [7].

Core Viewpoint - LiveOne is positioned for significant growth in the music, entertainment, and technology sectors, supported by strategic partnerships and operational efficiencies [1][3][4]. Financial Performance - Industrial Alliance Securities has set a price target of $12 for LiveOne, indicating a potential 50% increase from the current stock price of $4.80 [2][6]. - LiveOne anticipates generating over $57.9 million in revenue for the fiscal year to date, with $19.9 million expected from the third quarter alone [2][6]. - The company projects an adjusted EBITDA of over $1 million for the third quarter, reflecting a 200% increase quarter-over-quarter [3][6]. Partnerships and Growth Strategy - LiveOne's growth is driven by B2B partnerships, with plans to launch three new partnerships with Fortune 500 companies by year-end [3]. - The company has over 100 potential partnerships in the pipeline, which could further enhance revenue [3]. Operational Efficiency - LiveOne has achieved a 52% year-over-year reduction in operating expenses and plans to reduce headcount by 34% by year-end, saving between $4 million and $5 million [4]. - The company has paid off $2.5 million of its debt, improving its financial position [4]. Market Position - Despite a recent decrease of 3.13% in stock price, LiveOne's market capitalization is approximately $55.06 million, with a trading volume of 236,202 shares [5]. - The stock has fluctuated between a high of $10.65 and a low of $3.70 over the past year, indicating volatility [5].

Core Viewpoint - Instagram's chief Adam Mosseri testified that while there can be problematic usage of social media, he does not classify it as addiction, emphasizing the distinction between clinical addiction and problematic use [1][2] Group 1: Testimony and Legal Context - Mosseri acknowledged that the term addiction can be used casually, differentiating personal feelings of excessive use from clinical definitions [2] - The ongoing trial in Los Angeles involves a plaintiff alleging that social media platforms, including Instagram, misled the public about app safety and contributed to mental health issues in young users [2][4] - TikTok and Snap were initially part of the lawsuit but have settled, leaving Instagram as the primary focus regarding its impact on the plaintiff's mental health [3] Group 2: Company Decisions and Responsibilities - The plaintiff's lawyer questioned Mosseri about Instagram's design choices that may lead to negative mental health effects, highlighting the role of executives in decision-making [5] - Mosseri stated that the protection of minors is a priority, asserting that safeguarding children aligns with long-term business interests [6] - The trial is part of a broader trend of legal scrutiny on social media platforms concerning their safety and awareness of potential risks to children [6]