June 29, 2017
Travel is the next battleground for China’s tech titans
After slugging it out in ride-hailing, bike rentals and food delivery, the battle between China’s technology giants is spilling over into the travel sector.Read more
If there was any question about the direction of Facebook going forward, Wednesday’s Q4 earnings put that to rest - Facebook is trying to be a mobile company, and making good gains so far in getting there.
Facebook is a closely watched test case of the speed at which the desktop web era can shift into the mobile era. On Wednesday, it reminded us that mobile is not an option; it’s an inevitability.
Facebook grew to a billion users with a strategy that relied mainly on the desktop web experience for many years. It went public before it even had a decently functioning iOS app. And for a long time it relied on HTML5, which didn’t turn into the winning mobile strategy the company had hoped.
But with investors nipping at its heels, Facebook announced fourth-quarter earnings on Wednesday that finally produced solid numbers when it comes to mobile — a quarter of ad revenue, and, for the first time, proof that daily active users (DAUs) on mobile outnumber those on desktops.
Get the full story at GigaOM
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