Stock reaction was lukewarm after the announcement of the Apple Watch, with the stock closing up at just 49¢. The day after, it was down $2.63. Is it time for Tim Cook and Apple lovers to panic? Hardly.
We spend 82% of our mobile media time in apps, and Facebook alone accounts for 23% of that in-app time. Within Facebook, 40% of our time is spent in Newsfeed where we consume, share and comment on photos, news stories, status updates and videos.
If you were to compare TechCrunch50 to anything related to Hollywood - a comparison folks in the tech industry love to hate - it's probably most like the Sundance Film Festival, circa anytime before this decade.
Information is abundant and free; collating the threads of its different parts becomes the scarce source of value. It may interest us all to know that this was the premise of Time Magazine when it was founded.