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In 2012, Amazon Web Services (AWS) held its first cloud computing focused global customer and partner conference in Las Vegas. 5,000 attended more than 100 sessions. Now in its 11th year, the 2022 event drew in excess of 50,000 in-person and 300,000 virtual attendees participating in over 2,000 sessions and events. Every day of the … Continued
Marvin Minsky, the American computer scientist, noted in the 60s; “within a generation … the problem of creating ‘artificial intelligence’ will substantially be solved”. So, it is with great trepidation I write this note. Fortunately, Alphabet (nee Google) has been tinkering in AI since 2012, so I feel somewhat protected from overreach on my predictions. … Continued
We believe Meta’s current share price offers a generational buying opportunity. And the assumptions required to achieve our hurdle rate of 10.25% return per year are exceptionally low, providing a substantial margin of safety. We consider three issues are primarily responsible for the company’s 72% share price decline year to date: 1. The introduction of … Continued
3 key takeouts: The pandemic accelerated structural changes that will continue to drive social advertising growth over the long term Changes to privacy regulations are reducing opportunities for smaller players to identify and target customers Meta is investing in infrastructure and technology to optimise advertisers spend Introduction Despite clear structural tailwinds behind mobile and social … Continued
Some share price activity over the last month has been strange, to say the least. So we weren’t entirely surprised when Netflix was sold off a few days ago after guiding to weaker subscriber growth in Q1 22. Often share registers change hands at inflection points, as investors with less conviction reassess their holdings. Interestingly, … Continued
The success of Netflix’s mission “to entertain the world” relies on two critical factors ― content and delivery The phenomenal worldwide success of Squid Game on Netflix is unsurprising to those who watch the company closely. Netflix has built its impressive and diverse content library by funding major studios as well as local niche production … Continued
Opening Microsoft’s 2021 Build conference, CEO Satya Nadella said [In the future] There will be no such thing as the tech sector. The world will be transformed through tech intensity at scale. Every organisation will not only need to adopt the latest technology but more importantly build their own unique digital technology or be left behind. The change is … Continued
Continuing our review of Google’s 2021 developer conference I/O 2021, this insight investigates developments in Google’s Shopping applications. We believe the functionality announced at the conference will create paths for long-term revenue growth and solidify the company’s competitive advantage as a platform for shoppers and merchants. Google’s announcement Shopping Graph is a real-time dataset using … Continued
Tech industry analysts have repeatedly questioned the magnitude and focus of Alphabet’s R&D investments in Google. And the size of the investment is considerable. Alphabet spent more than $105 billion on R&D over the last 5 years, and we estimate it will almost double that figure in the next five years. Its effectiveness was difficult … Continued
2020 was undeniably a whirlwind year for PayPal. The 23-year-old payment technology provider logged record user and transaction volume growth. What’s more it released more than 60,000 configuration and software updates. PayPal’s stock market outperformance reflects its business growth, having risen over 185% from its March 2020 lows. We had anticipated platform growth to slow … Continued
