4 ms·

Media is a misnomer. Facebook and most new sources are advertising companies.

• igravious 9y ago
  I think you'd have to agree on this. A corporation's main revenue stream is their business regardless of how diversified they are. So Google is a search-driven advertising company. Facebook is a social-networking-driven advertising company. This all depends on what % of revenue is ad-based. The other tech giants, Apple and Microsoft (Oracle, Samsung, SAP, Huawei, …) actually make most of their money selling combos of hardware, software, and services. Perhaps Amazon is unusual in that it's a web-retailer? I just checked and AWS[0] only accounts for 8% of their revenue as of Feb. of this year. It looks like we won't have an end to data-slurping until we somehow invalidate the ad revenue model. [0] https://www.geekwire.com/2017/amazon-web-services-posts-3-5b-revenue-47-last-year/ https://www.geekwire.com/2017/amazon-web-services-posts-3-5b...
  • chibg10 9y ago
    AWS may be 8% of Amazon's revenue, but I believe I've read AWS is disproportionately profitable (compared to Amazon's retail segment). I'm not sure what the exact numbers are, but I think it you can make a reasonable argument that a company is defined by where its profits come from moreso than its revenue. I could see reasonable arguments the other way around too though. EDIT: Thanks njarboe for catching confusing typo
    • njarboe 9y ago
      s/profits/revenue