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Verizon's $179 Billion Debt Disaster...What Happened?
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Nokia Is Going Bankrupt?
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How Is Skype Even Still Alive?
Skype revolutionized international communication by moving expensive overseas calls onto the internet. People no longer had to pay an arm and a leg to get in contact with friends and family internationally or carefully watch how long they were talking. Not to mention, Skype came with additional features such as video calls, screen sharing, and the ability to have group calls easily. Skype was no doubt an early mover and they benefited handsomely, but not everything was so great. Given Skype’s dominance from day 1, they often overlooked customer satisfaction. For example, reliability was a huge concern for Skype given their p2p model. Also, Skype had a reputation for never adding highly requested features and deprecating already beloved features. These oversights allowed competitors to slowly siphon Skype’s users over the years, and the pandemic threw this into overdrive. This video explains the slow downfall of Skype and how they still have quite a few users despite their brutal fall.
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From $10 Billion To Nothing: How Wish.com Lost Everything
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GoPro Is Going Bankrupt?
#shorts
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What Happened To eBay?
eBay is one of the most iconic online retailers in the world. Born out of the dotcom boom, eBay rose to be one of the biggest online marketplaces in the world connecting millions of sellers and buyers. However, over the years, the role of eBay within the retailing space has largely come into question due to the rise of Amazon, Craigslist, and legacy retailers. It seems that eBay doesn’t excel in any one category and the only reason that they still have so many users is because of their brand image. Users are increasingly starting to notice this and they’re slowly leaving the platform whether they be buyers or sellers. This is only made worse by the fact that eBay has a pretty serious scamming problem for both buyers and sellers. Not to mention, they spun off much of their stake in PayPal which seems to be doing a lot better. This video explains the issues plaguing eBay today and what happened to eBay.
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Whatever Happened To Download.com?
Remember download.com? Back in the 2000s, download.com was the goto site to download any software or game. In fact, it was one of the most popular websites in the world, but ever since the 2010s, it’s only been downhill for download.com. At this point, they only pull in a mere 1% of the traffic that they used to. One of the main reasons for this shift is that modern computer users are a lot more techsavvy. They have no need to download software from a repository like download.com. They’d much rather just download the software from the official website. This trend was only accelerated by the fact that software from repositories often came with a lot of bloatware. Moreover, people don’t download anywhere near as much as they used to. Almost everything we need daily is available on browsers, so the need to download standalone software is far less. This video explains the rise and fall of download.com and why computers no longer have a central download repository.
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When Overconfidence Backfires: The $100B Vision Fund Implosion
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Amazon's $1 Trillion Empire...Now Just A Front For Temu
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Why Amazon Is Happy They're Getting Sued
By now, you’ve probably heard about the FTC lawsuit against Amazon. This lawsuit could not only break up Amazon but it could set the precedent as to how big tech monopolies will be treated moving forward. But, despite the stakes at play, Amazon likely isn’t all too worried about this lawsuit for a few reasons. First of all, Amazon doesn’t even need to prove that they’re not a monopoly. Even a small legal technicality could be enough to throw out the entire case as it was for Microsoft with their own antitrust lawsuit in the early 2000s. But, even if Amazon does somehow get broken up, it’s not all that bad. In fact, history has shown that monopolies actually just tend to get stronger and reunite after breaks as was the case with Standard Oil and AT&T. Not to mention, Amazon is gonna come into this lawsuit with an extremely powerful and skilled set of lawyers. This video explains why Amazon doesn’t need to worry about the FTC lawsuit and why it could actually play out in their favor.
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