Reuters: Apple has offered to let rivals use tap-and-go tech to stave off EU fines
- Thread starter Saucycarpdog
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This is good. and I'm a big Apple fan. These tech companies have been ignored for too long. Probably too little too late at this time.
I'd love Amazon retail and AWS split--by legal force. I'd love Youtube spun off from Google. Instagram to be spun off from Meta, etc.
These companies are way too powerful.
I'd love Amazon retail and AWS split--by legal force. I'd love Youtube spun off from Google. Instagram to be spun off from Meta, etc.
These companies are way too powerful.
this is so bad, why can't my whole life be owned by apple with zero competitors to them???
/s
This is really good
/s
This is really good
I don't think it's gonna be an issue, banks may make their own apps, but most of them will probably keep supporting Apple Pay as well. At least that's how it is on Android.
Can they somehow make you pay something more if you don't use their app ?
I use several apps as i have multiple banks and company cards. This gives 0 problems even on an iphone today.
Edit: in Europe/belgium most banks already have their own app for payments - it's just that they are less integrated.
I'm convinced a significant portion of people would fork over their entire lives to Apple if it was possible. They wouldn't even think twice about it.
I think a significant portion of Apple users prefer to have all the apps from the App Store, all their credit cards in Apple Pay, etc. I am one of them. I hope that can continue.
Isn't YouTube struggling to be profitable? If it were split from Google/Alphabet I dread to think how they'd make it work financially without making the site (somehow) even worse. Then again I'm not totally sure how these things usually work.
Why would it not continue? You would still have the option to use Apple Pay like you want to. This just gives those that don't want to use Apple Pay more options. On Android you can pick which app you want use and ignore all the other ones. I would assume it would be implemented similarly.
It's not struggling at all.
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YouTube is a $15 billion-a-year business, Google reveals for the first time
Turns out YouTube is a big moneymaker for Google.
www.theverge.com
Moreover, it's not about the financials. Alphabet controls most of Search advertising and also online video advertising with Youtube. That's just ridiculous.
Yeah, there's TikTok coming up, but that's not a long form format. Youtube remains unchallenged.
Good. Wish the US gov had some backbone to do the same.
These big tech companies have too much power and get away with too much shit.
Android doesn't so it would be a really stupid move if they did. And I'm not sure they can tbh
They lobby here aggressively. They're also US companies so there's a bias too, from the US, I mean.
OP
OP
Make it a subscription service maybe? I mean it offers more video content than even Netflix, all for free.
Building an entire video platform off of ads was always going to be shaky ground.
It's not struggling at all.
YouTube is a $15 billion-a-year business, Google reveals for the first time
Turns out YouTube is a big moneymaker for Google.
Moreover, it's not about the financials. Alphabet controls most of Search advertising and also online video advertising with Youtube. That's just ridiculous.
Yeah, there's TikTok coming up, but that's not a long form format. Youtube remains unchallenged.
I don't see anything here about how much it costs to run the platform unless I'm missing it. I know it wasn't profitable for years because the cost of storing & serving that much video is monumental, and I didn't see anything recently suggesting it's profitable as of yet either.
YouTube 100% remains untouched for long form factor content, but that's only because of the reasons outlined above. There's probably less than a dozen companies in the world that can provide unlimited video storage & streaming for free, & Google is one of them.
It feels somewhat inevitable that there will be more of a push for paid subscribers. We're already seeing it a bit with the penny pinching from adblock users.
Please tell me you just copy-pasted some random Youtube comment v_v
Yeah i think something like that has like 0,0001% chances of happening, but i'm curious to know if it's even possible
I think you missed yesterday's thread about Apple v. Spotify, which that was a direct reference to just w/o threadsniping.
Your argument is missing the market power of Youtube. No idea why you're focused on operating costs here. Who cares? Google has two powerful entities that control a big chunk of the internet.
Amazon Retail was a lost leader for decades, yet had massive market power. It's basically subsidized by AWS. Should Amazon remain intact?
Moreover, Amazon used that market power to undercut others via Amazon Basics. Yet, again, Amazon Retail operated at loss for decades. Again, your argument misses this based on profitability as a metric. That's not the only thing considered in anti-trust law.
Well, as an example, if developers can opt out of the App Store in favor of alternate stores with lower rates and keeping users CC information themselves as opposed to letting Apple handle it, that could create a wild west situation where some apps are only available in certain stores. I certainly do not want that. I know Tinder did that to skirt Googles fees once on Android.
Then again, theoretically that would encourage Apple to lower their rates. But, I don't think Apple is exactly the company in the habit of lowering prices.
Sorry for not reading every single thread on Era and knowing what someone is referencing. It also isn't some secret that Apple isn't very liked around here.
Nw, I'm just letting you know they're not just digging in at people who have Apple devices to be mean
Of course not! None of them are. My observation is totally baseless.
I don't think this should be a concern at all. Like I said Apple's competitor already does this and it is nothing like this. You just choose which payment app you want to us, authorize your card with your bank and keep it moving.
The whole concept of YT, and other big 'free' media platforms like Twitch, is just kinda wack when looking at the big picture.
Building a big media platform off of ads is shaky ground, but at the same time it only has content because it is free and therefor provides reach. It's not sustainable.
To be fair, you can say that about a lot of soulless monopolies these days. People have already shown that they are willing to give up their privacy and safety for the sake of convenience.
You don't have to not get things from the appstore if you don't want to. Anything that would be there, will still be there.
You just now have the option to get things elsewhere if it wouldn't have been on the appstore
Most people on Android get things from the Google Play Store, but I can also load an app that isn't there if I wanted to... I usually don't but the option is nice to have when I do.
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I kinda get that (aside from finding it strange not to want to install your banks app) but the way Apple goes around doing this is clearly taking advantage of their marketshare in smartphones to gain marketshare in payment processing and that's obviously not gonna be allowed.
As you said most people just want to use Apple Pay so in practice I don't think a whole lot will change.
You underestimate how valuable your shopping habits and payment information are, and how much financial institutions and retailers would like to harvest that data. Forcing you to use their app allows that.
I'm sure Apple Pay will remain the same. It's a wallet where you insert all your cards. I even have my Walgreens card on it so I can scan that first before I pay.
Well if YouTube in isolation costs more to run than it brings in then it being sectioned off from the funding of Alphabet/Google is probably going to turn the platform into a worse experience for everyone involved, which is my primary concern (though not the primary concern of an anti-trust hearing as you rightly point out). Personally, I'd rather have Alphabet control a bit too much while having YouTube remain as-is than have a YouTube desperately chasing profitability as its own thing.
Amazon retail replaced a perfectly functional system with something more convenient while YouTube created something grander than everything that came before it. I'd personally rather live in a world without Amazon retail in general, since starting a Rube Goldberg machine of human misery for same day delivery of some tat that's not really needed just feels so horrific to me.
I'm 100% coming at this from a user of a service POV rather than that of an anti-trust POV, where again, you're absolutely right to point out Alphabet/Amazon control way too much of the internet. I just don't want YouTube getting any worse.
Sounds like you want a public utility then. If online video provides a benefit like you said and market conditions can't sustain it, that's what public utilities or non profits are for.
I think it can survive on its own.
Well, like I said the solution Apple created for this was never going to stay because of how inherently anti-competitive it is. Apple created a solution for this problem which guaranteed them a market share in payment processing because you have no choice on iOS. I'm not saying that it is not an issue but Apple's solution is bad.
The reason I think not much will change in practice is because the cat's out of the bag already. People already prefer Apple Pay and unless some bank proves that ditching Apple Pay won't lose them customers. No bank probably will.
(I do have to wonder why you are using a bank who is selling your data but I guess all US banks might do that)
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Well, yeah, that's why Apple wanted use their position in the market to force everyone to use their app.
Word, should have happened long ago. It's just wild how big these tech companies are allowed to get when Apple is already considerably larger than Standard Oil was at the time.
There literally was just a person the other day who would rather pay 30% more on their purchases and subscriptions in order to use Apple services and nothing else.