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NYT spends less in content, both in absolute and relative terms, than Spotify and Netflix. NYT owns and distribute sits own content, resulting in a lower cost structure.

“Cryptographically secure” means that the creation of digital currency is secured by complex mathematical algorithms that are obscenely hard to break. Think of a firewall of sorts.

Historically, Facebook has taken an entity-centric approach to discovery. We help you connect with the friends, groups, and pages you care about most. Then updates from those connections are ranked in Feed. Unconnected content in Feed was surfaced via reshares from the friends, groups, and pages you follow, but unconnected recommendations weren’t h... See more

Over the past ten years, media companies have responded to their loss of audience by creating “viral” editorial that performs well inside the platform’s engagement-at-all-costs ecosystem. Predictably, however, quality editorial – the context journalists create for a living – rarely qualifies as viral.

Game design is not gamification. It is not simply taking your product and adding points, levels, trophies, and badges. Gamification was a big deal 10 years ago, but it didn’t work. And to understand why, we have to understand human motivation.

-Peloton is a one-product company because its Tread was a flop and its digital subscription was no better than free workout classes on YouTube.