To me, it’s pretty simple. Facebook is taking out an option on the future. And, in my view, it’s a pretty cheap option to boot. In some ways, it’s not unlike the deal the Los Angeles Angels (of Anaheim or whatever) just signed with Mike Trout.1
Yes, $2 billion is a lot of money. But it’s also roughly 1/8th of what Facebook just spent on WhatsApp. And it’s roughly 2x what the company spent on Instagram — and that has turned out pretty well so far. One of the better deals this decade, perhaps.2
No, I don’t think so.
Microsoft’s UK marketing director Harvey Eagle, talking to Metro about the Xbox One price cut in the UK. The question asked if the price cut — just 94 days after launch — was an admission that the console isn’t selling well.
Eagle doesn’t think so. But he’s not sure. Why should he be sure? It’s only his job.
So, Microsoft isn’t cutting the price because it hasn’t been selling well in the UK. In fact, it has been selling as fast as possible. But this price cut is all about helping to generate more sales. Got it.
Flappy Bird. Flappy. Fucking. Bird.
About a week ago, I was perusing the App Store as I normally do. Much to my surprise, I saw a new king atop the free app charts: Flappy Bird. This was odd to me because I usually feel like I’m paying enough attention to see an app’s rise in one way or another. But not here. The app seemingly rose from 0 to 60 overnight.