Tag Archive for Netflix

| October 16, 2022
Comments Off on Son of PalmOS in Your SmartTV

Son of PalmOS in Your SmartTV

Son of PalmOS in Your SmartTVDo you remember the PalmPilot?  By 1999, within three years of its launch, the Palm had user base of over 5 million users. I was a fan of the Palm. I went thru a series of them in the 2000’s. In 2011 I marked the sale of the PalmOS on the BachSeat. PalmOS has had a number of names since it glory days. It was also known as HP webOS, Open webOS (HP), Palm webOS, and most recently LG webOS.

SmartTVLG (LGLD) has been using webOS in their SmartTV’s since 2014 and more recently in their line of smart refrigerators. LG is updating LG webOS to LG webOS Hub. The LG webOS Hub is a new version of its webOS streaming television platform. The newest version incorporates a new hub for third-party partners to plug into.

Son of PalmOS

The webOS Hub will incorporate many third-party applications that are supported by LG’s streaming operating system. Some of the third-parties including Netflix (NFLX), Hulu, Amazon (AMZN) Prime Video, Disney Plus (DIS) Plus, and YouTube Google (GOOG). It will also include LG Channels, the company’s free, ad-supported streaming service. Support for NVidia‘s (NVDA) cloud gaming service is promised in the near future.

LG logoLG said webOS Hub was developed in partnership with Dolby, Realtek, and CEVA. It has been certified by over 160 broadcasters around the world.

Park Hyoung-sei, the president of LG Home Entertainment Company, told FierceVideo;

We are committed to refining and expanding our webOS Hub ecosystem, which continues to introduce more and more consumers to the unparalleled user experience of LG webOS.

Smart television platforms

More than 120 million devices in 150 countries are powered by some version of webOS. According to analytics firm Omdia, LG’s webOS is one of the more-dominant smart television platforms internationally. LG’s webOS owns around 18.5% of the market. It is bested only by South Korean competitor Samsung, which has nearly 30% of the global streaming platform market.

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Besides the nostalgia of seem Palm resurrected into the media,. There is the creepiness factor of LG, Amazon, Netflix and Google (YouTube) monitoring and monetizing your TV viewing habits. They can data-mine your viewing habits to profit off what you do. 

Do not think they wont use your data to make a profit. Back in 2017 I wrote that Vizio had to pay $2.2 million to the FTC and the state of New Jersey to settle a lawsuit alleging it collected customers’ television-watching habits without their permission.

 

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.

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| March 6, 2022
Comments Off on FAATMAN Stocks Keeps Getting Fatter

FAATMAN Stocks Keeps Getting Fatter

FAATMAN Keeps Getting FatterThanks largely to the COVID-19 pandemic that pushed even more activity online the FAATMAN companies have a collective market cap of $8.3 trillion. During that time the billionaire CEO’s of these companies became ever wealthier.  The FAATMAN companies are tech titans Facebook (FB), Alphabet (GOOG), Amazon (AMZN), Tesla (TSLA), Microsoft (MSFT), Apple (AAPL), and Netflix (NFLX). The FAATMAN companies generate ridiculous amounts of revenue rate per minute.

CompanyRevenue Per Minute
Amazon$ 955,517
Apple$ 848,090
Alphabet (Google)$ 433,014
Microsoft$ 327,823
Facebook$ 213,628
Tesla$ 81,766
Netflix$ 50,566
FAATMAN Revenue Per Minute hat tip to www.visualcapitalist.com

FAATMAN companies

Facebook‘s most recent quarter was a company best, generating almost $214,000 per minute or $27 billion in revenue. It hosted an average of 2.8 billion monthly-active-users on it’s platform. Over 1 of every 3 humans on Earth can be manipulated by Facebook.

Google logoAlphabet, the parent company of Google has the third largest market cap, made over $433,000 per minute. That means that Google can a  Rolls Royce Phantom is less that 2 minutes. They finished 2020 with $182 billion in revenues. Furthermore, almost 4 billion Google searches occur every single day, making it the most popular website in the world. With the revenue of  $433,000 per minute Google can purchase a Rolls Royce Phantom is less that 2 minutes.

Amazon most revenue per minute

Amazon made nearly 1 million dollars per minute. Most of this was made in the U.S. They also do very well around the world. For example, in 2020 they generated $29 billion in Germany, and $20 billion in revenues in Japan.

At this income rate Amazon can pay to send 2 people per minute on a suborbital space trip on Jeff Bezos‘ Blue Origin New Shepard rocket ship. Seats to the edge of space typically cost $500,000.

Tesla logoTesla‘s almost $82,000 of revenue per minute is being driven by the growing Electric Vehicle (EV) market. The home of Tesla and SpaceX joined the S&P 500, and along the way has made Elon Musk the richest person in the world. This kind of revenue per minute means Tesla can buy nearly two Tesla Model 3’s per minute. How we know where all their sales are coming from.

Microsoft made $327,823 per minute, making it the second largest tech titan with a market cap of $1.75 trillion. Microsoft earned over $168 billion in 2021. Office products and cloud services accounted for close to $40 billion U.S. dollars. Server products and cloud services accounted for the largest share of this revenue, with around $52.6 billion. 

In one minute Microsoft makes enough to buy a typical U.S. home. Zillow says the typical home value in the United States is $325,677 and Microsoft makes $327,823 a minute.

Apple has the largest market cap

Apple logoApple is currently the most valuable company in the world with a market cap of around $2.6 trillion. In the first quarter of financial year 2022, Apple’s revenue reached $123.95 billion. Apple takes in over S848,000 per minute. Apple is no longer just the iPhone company. in Q1 2022 iPhone brought in $71.6 billion. They have diversified their income. In Q1 of 2021, Apple’s services segment of the business made $19.5 billion in revenue.Apple Wearable, Home and Accessories made $14.7 billion in revenue. Hardware (Mac and iPad) collectively made over 18.2 billion in 2022 Q1.

Netflix has benefited from the pandemic   The streaming giant made S50,566 per minute. They wrapped up 2020 203 million subscribers. Netflix is the worst performing FAATMAN member and still made $50,566 per minute,  while the average American family income  for FY 2021 is $79,900. Netflix brings in the average American household income in less than 2 minutes.

FAATMAN Outlook

To put these numbers into perspective, the FAATMAN companies make more than the GDP of the U.K., India and France combined.

These insane incomes fueled the billionaire space race. Where billionaires spent billions to be the first into space

While the current value may appear bloated, no one can quite rule out FAATMAN getting fatter.

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.

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| January 28, 2020
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EULA – The Biggest Lie on the Web

EULA - The Biggest Lie on the WebTuesday, January 28, 2020, is international Data Privacy Day (DPD). The purpose of Data Privacy Day is to raise awareness and promote privacy and data protection best practices. One privacy best practice is to actually read the end-user license agreements (EULA) that come with everything you download from the Internet.

ead the end-user license agreements (EULA)If you can’t wade through the legal gibberish telling you they are going to sell all your data to someone you never heard of? I don’t blame you – two law professors analyzed the terms and conditions of 500 popular U.S. websites and found that more than 99% of them were “unreadable,” far exceeding the level most American adults read at but are still enforced. The researchers wrote that the average readability level of the EULA agreements they reviewed was comparable to articles in academic journals – take a look at “Terms of Service; Didn’t Read” (ToS;DR).

EULA grades

ToS;DR is a project started to help fix the “biggest lie on the web”: almost no one really reads the terms of service we agree to all the time. The service grades website EULA’s from Amazon to Zappos from A (best) to E (worst) once a comprehensive list of cases has been reviewed by volunteers. Some of the ratings are:

  • grades websites from Amazon to ZapposA – The best terms of services: they treat you fairly, respect your rights, and will not abuse your data.
  • B – The terms of services are fair towards the user but they could be improved.
  • C – The terms of service are okay but some issues need your consideration.
  • D – The terms of service are very uneven or there are some important issues that need your attention.
  • E – The terms of service raise very serious concerns.
  • No Class Yet ToS;DR has not sufficiently reviewed the terms yet.

Here are the privacy ratings of the FAANG largest websites according to ToS;DR:

There are a few sites that respect users privacy and get a Class A rating from ToS;DR:

  1. DuckDuckGo search engineDuckDudkGo (Search engine),
  2. Kolab Now (Email/groupware),
  3. SeenThis (Advertising),
  4. WindowsLogic Productions (Software developer).

Other well-known sites with ToS;DR ratings:

  1. IMDb = Class C,
  2. YouTube = Class D,
  3. Twitter = Class D,
  4. Stack Overflow Class E.

You can download the ToS;DR:browser extensions here.

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.

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| March 11, 2017
Comments Off on Who Rules the Internet?

Who Rules the Internet?

Who Rules the Internet?

Singapore-based ISP Vodien published an infographic that lists the 100 highest-ranking websites in the U.S. by traffic, according to website analytics company Alexa. There are over 1.1 billion websites on the Internet, but the majority of all traffic actually goes to a very small number of firms. Seven companies control 30% of the top 100 websites and the related web traffic.

InternetNot surprisingly Alphabet controls the most popular sites on the web, Google and YouTube. Surprisingly, Microsoft controls the most sites in the top 100. Redmond controls seven of the top web properties including recently purchased LinkedIn, Bing, and Microsoft.com. For a long time, MSFT’s online efforts were a disaster. That seems to have changed with Azure, but I still hate Bing. According to the Vodien infographic Alphabet controls four of the most popular sites.

The Visual Capitalist points out that Google.com gets an astounding 28 billion visits per month. The next closest is also a Google-owned property, YouTube, which brings in 20.5 billion visits.

Facebook (FB) controls two of the most popular websites; Facebook (#3) and Instagram (#13).

Jeff Bezo’s firm Amazon (AMZN) directs four popular websites;

The infographic says Verizon (VZ) now controls the Huffington Post (#49) and AOL (#59) and will control Yahoo (#5) and Tumlr (#12) if the deal closes in 2017 Q2.

Reddit.com comes in at #7 and Reddituploads.com is #61.

Online retailer eBay comes in as the #8 website.

POTUS favorite Twitter (TWTR) is the 9th ranked website and t.co is #25.

Video streamer Netflix comes in ranked #10 by Vodien.

Microsoft (MSFT) controls 7 of the top 100 websites with recently purchased LinkedIn at #11, Live.com #14. so-so search engine Bing is #17, followed by Office.com (#23), Microsoft Online Services (#24), MSN (#37), and Microsoft.com (#41).


Vodien lists the 100 highest ranking websites

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The consolidation of all of this web traffic is troubling. The current administration is going to allow online firms to sell all the personal information they collect to the government, data aggregators or anybody else to make a buck.

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.

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| February 9, 2016
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Trivial Taxes for Tech Titans

Trivial Taxes for Tech TitansJust in time for the start of the U.S. tax season, reports have surfaced that should piss off most tax-paying Americans. The Business Insider is reporting that most of the American tech giants, like Apple, Google and Microsoft are not paying their share of taxes.

the effective tax rate paid by US tech titans is well below the average rate paid by the 100 biggest S&P companies

The U.S. corporate tax rate is about 35%, but according to an analysis by financial research website WalletHub and charted by Statista, the effective tax rate paid by U.S. tech companies, like Apple (AAPL), Microsoft (MSFT), and Google (GOOG), was well below the 28.6% average rate paid by the 100 biggest S&P companies.

Facebook (FB) was the exception with an effective tax rate of 41%, but the social networking company has paid a higher rate in past years and recouped some of the money in tax deductions, according to Quartz.

Infographic: How Much U.S. Tech Companies Pay in Taxes | Statista

One way these tech giants are lowering their tax bills is by stashing most of their profits overseas, where lower international tax rates apply. Despite claims by Apple CEO Tim Cook, that Apple pays all of its taxes, Apple, for example, keeps most of its cash offshore, and openly says it’s keeping it overseas to avoid their U.S. corporate tax bills.

Tax dodgerThe New York Times recently reported that Apple made a deal with Italian tax authorities over a dispute about how much tax the iPad maker should have paid Italy. A spokesman for Italy’s tax authority declined to comment to the NYT on the amount of owed taxes but the BBC reports that the figure is €318m ($348m).

The investigation found that since 2013, Apple had moved roughly $1.1 billion in revenue from its Italian operations through an Irish subsidiary to lower the taxes that the company was obliged to pay under the 27.5% corporate income tax rate in Italy.

The NYT says Ireland’s corporate tax rate, at 12.5%, is one of the lowest in the Western world, compared with 35%, before deductions, in the United States. Of course, Irish officials deny that the low-tax structure represents unfair competition.

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The Tech Titans have long lusted after a tax cut. I cover the 2011 meeting where Tech giants Facebook, Mark Zuckerberg, Apple, Steve Jobs, Yahoo, Cisco (CSCO), Twitter (TWTR), Oracle (ORCL), Netflix, Google, and venture capitalists lobbied Obama for a tax cut on $1 trillion of profits they’ve stashed overseas.

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Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.

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