Technology strategist Michael Wolf predicts a fast-changing landscape that will get harder for advertising-supported content companies while enriching digital gatekeepers such as Google, Facebook, Apple, Amazon and Microsoft.
The largest companies with the aim of creating self-driving vehicles will probably acquire smaller ones rather than develop the technology in-house, said Niklas Zennstrom, founder and chief executive of venture firm Atomico Ventures, at the WSJDLive 2016 global technology conference.
Facebook Inc. is resisting the label of media company, but is getting even more heavily involved in content. COO Sheryl Sandberg said Facebook is a technology company that builds tools rather than a media company that makes its own stories.
AT&T Inc. will launch a $35-a-month “mobile-centric” video service next month, Chief Executive Randall Stephenson said Tuesday, pointing to it as an example of how prices won’t rise as a result of the carrier’s $85.4 billion deal to buy Time Warner Inc.