Today we’re looking at the market environment for Facebook, Google, Twitter, YouTube etc… their costs are going to far outpace what their revenues will be. Are they on their way up, or on their way down?
Facebook is down 30% - and have advised that revenues would continue to slow down and its costs rise.
Three risks for social platforms – FB, Twitter, YouTube (owned by Google)
EU Copyright changes – Article 11 (link tax) & 13 (meme ban)
Nobody knows how these will work – The EU politicians voting on this haven’t even read it. They have their assistants read it and they tell them how to vote.
UK – Online Hate Bill
Platform vs Publisher