How Facebook stole the news business

Big news outlets stupidly sold their soul to Facebook. Desperate for the referral traffic Facebook dangled, they spent the past few years jumping through its hoops only to be cut out of the equation. Instead of developing an owned audience of homepage visitors and newsletter subscribers, they let Facebook brainwash readers into thinking it was their source of information.

Source: How Facebook stole the news business | TechCrunch

Storyline lets you build and publish Alexa skills without coding 

Thirty-nine million Americans now own a smart speaker device, but the voice app ecosystem is still developing. While Alexa today has over 25,000 skills available, a number of companies haven’t yet built a skill for the platform, or offer only a very basic skill that doesn’t work that well. That’s where the startup Storyline comes in. The company is offering an easy to use, drag-and-drop visual interface for building Amazon Alexa skills that doesn’t require you to have knowledge of coding.

Source: Storyline lets you build and publish Alexa skills without coding | TechCrunch

Facebook Usage Declines While Profits Soar 

Less is more. The social network’s quarterly earnings report revealed that users spent 50 million fewer hours per day on the site in the last quarter of 2017 — its first ever drop. But the company’s profits still rose 47 percent compared to the same period in 2016, and founder Mark Zuckerberg said the slipping usage ultimately won’t matter after the company revamps its news feed to focus on “meaningful connections.” The mixed news sent Facebook’s stock on a roller coaster ride, tumbling 5 percent before recovering for a 1.4 percent gain.

Source: Facebook Usage Declines While Profits Soar – February 01, 2018 | OZY

Apple reportedly slashing orders because iPhone X isn’t selling well

Several reports from Asia say Apple has slashed component orders for the iPhone X, its most important product. Apple shares dropped on the news. Apple CEO Tim Cook has previously said about component orders that “even if a particular data point were factual, it would be impossible to accurately interpret” what it means for iPhone sales.

Source: Apple reportedly slashing orders because iPhone X isn’t selling well – Business Insider

Xbox is in trouble, and Microsoft may buy a company to fix it

Microsoft’s Xbox One platform is making ambitious moves but remains in second place behind Sony’s massively successful PlayStation 4. A comparatively poor lineup of major exclusive games is a key factor in the Xbox One’s weaker position. A new report from the gaming site Polygon says Microsoft is looking at a major acquisition to help the Xbox group.Valve, EA, and PUBG Corp. are all cited as potential purchases.

Source: Xbox is in trouble, and Microsoft may buy a company to fix it – Business Insider

Grammys 2018 Boost Sales 328% Despite TV Ratings Drop 

TV viewership of the The 2018 Grammy Awards was down 24%, but the show still spurred immediate sales gains for the songs performed on Sunday’s  broadcast. Those songs earned a collective 328% gain in download sales in the U.S. on the day of the show, according to initial sales reports. All together, the songs performed (and original versions of songs covered) sold 74,000 downloads, up from 17,000 on the previous day.

Source: Grammys 2018 Boost Sales 328% Despite TV Ratings Drop – hypebot

Consumer Time Spent on Publisher Sites Fell in 2017 

Fake news, a grudging dependence on social media platforms, the pivot to video—all of these add up to create an obstacle-laden environment for publishers trying to figure out a viable business model. Now, new data from native content discovery platform Taboola raises yet another difficult factor: a decline in the duration of US internet users’ sessions on publisher sites.

Source: Consumer Time Spent on Publisher Sites Fell in 2017 – eMarketer