This Week in GAFAnomics #1
GAFAnomics [ga-fɑː-nom-iks], noun:
A modern, networked, economic system spurred by the eponymic GAFA (Google, Amazon, Facebook, Apple) but also encompassing Unicorns, Chinese tech giants and all other companies changing our lives through computer technology.
“This week in GAFAnomics” features top articles from FABERNOVEL’s internal Slack discussions. Subscribe to our “Inside GAFAnomics” publication for your weekly dose of curated news about the Network Economy.
So what happened this week in GAFAnomics ?!
Facebook, Amazon, Netflix and Google’s stocks went down sharply last week as part of a general tech sell-off. GAFA are like the rest of us after all. When the market crashes, they go down too. — Curated by Stéphane Distinguin
Adidas acquired Runtastic and Visa became Square’s major shareholder. With General Motors’s recent funding of Lyft, It seems there is a trend of big companies buying their way into the New Economy. Again.— Curated by Louis Moullard
Netflix has just completed its migration to the cloud, relying only on Amazon Web Services. Another example of how platforms rely on GAFA’s infrastructures to become tech giants. — Curated by Joachim Renaudin
Free Basics, Facebook’s service that provides free access to “basic” apps and website (read : simple purpose, easy to navigate, optimized for low-end smartphone) has been banned by India’s Telecom Regulators saying it basically provides a skewed and non-exhaustive access to the Internet. GAFA’s ambition to replace the Internet in developing countries may not be as easy as they thought. — Curated by Louis Moullard
Quartz’s new app want to text you the news. Editors send you curated stories with GIFs and Emojis in an attempt to entertain as much as they inform you. Are invisible apps becoming the new form of media curation? — Curated by Adrien Delepelaire
Facebook is testing SMS integration into Messenger to shift users away from default text messages. Is this attempt to become a one stop shop for mobile services going to definitely kill Good Old SMS? — Curated by Joachim Renaudin
That’s all for this week, but follow us for more news about GAFAnomics next week ! In the meantime, you can check out our latest article to learn more about platforms, their strengths and their projected future:
