Apple's Content Challenge, SEC vs Theranos and More
"One of the most important growth businesses for Apple has been their services division. It brings in about $7.5 billion a quarter now, and it could be a Fortune 100 business if it were ever spun off to be a business on its own.
"As I have been thinking about Apple’s services business over the last few weeks, two key conversations I had with Sony Co-Founder Akio Morita and Steve Jobs many years ago came to mind."
Tim Bajarin, Tech.pinions
"Homes filled with music are also filled with dancing, singing, and laughter, and using the voice assistant everywhere gives you convenience, utility, and a frictionless presence for interacting with your technology."
Matthew Cassinelli, The Sweet Setup
Three: How We Got Our First 100 Customers, Built a Blog to 50,000 Monthly Visits and Grew A Wait List Of 1,300 People
"When you launch a new business, feedback from potential customers isn’t just important – it’s everything.
"There are so many books on how to launch new startups (The Lean Startup, The $100 Startup, etc) , but there really aren’t too many posts that walk you through the exact process a company takes from day zero through to launch."
"Securities and Exchange Commission (SEC) filed a lawsuit against Theranos, CEO Elizabeth Holmes and company President Ramesh Balwani accusing them of massive fraud. Holmes has settled the lawsuit and has been stripped of her position the CEO. As part of the settlement, she will pay $500,000 in penalties and won’t be allowed to serve as an officer or director of a private company. It is quite a comedown for an entrepreneur who often graced the covers of business magazines and was a constant presence at the posh conferences. She also convinced investors to invest $700 million in the company at vertigo-inducing valuations. And even though SEC’s actions are a mere slap on the wrist with no admission of guilt on part of Holmes, the nuanced message of SEC actions is clear enough for rest of the unicorn club."
"I can see why the New York Times (and most other commentators) immediately attributed this decision to protectionism: not only does that match President Trump’s rhetoric both on the campaign trail and also in office, but it follows closely on the decision to impose tariffs on imported steel. Moreover, Broadcom is a Singapore-based company (and Singapore is a U.S. ally) that had promised to move back to the U.S.. National security, at least at first glance, looks like a fig leaf.
"In fact, though, I think the Trump administration got this right."
Ben Thompson, Stratechery