Techmeme
December 28, 2019, 7:55 AM

Top News

David Porter / 8tracks blog:
As 8tracks prepares to shut down on December 31, its co-founder shares a post-mortem of what went wrong with the once-promising music streaming startup  —  8tracks has had a long run and its day in the sun.  We're sad to announce, however, that the company and its streaming service will wind …
George P. Slefo / Ad Age:
Spotify will suspend political ads in early 2020, citing the lack of tools to review them; source: political ads are not a significant source of its revenue  —  Presidential hopeful Bernie Sanders and the RNC are among Spotify advertisers  —  Spotify is suspending the sale of political advertising …
Jasper Jolly / The Guardian:
UK's Competition and Markets Authority says Amazon failed to address its concerns about the investment in Deliveroo, refers the deal to a full investigation  —  Regulator says US firm's £442m stake in London-based food courier could hit customers, restaurants and grocers
Benedict Evans:
Amazon has ~35% of US ecommerce and ~6% of addressable US retail, and is two thirds the size of Walmart, which would make an antitrust case against it difficult  —  - Amazon is a big company, but what does that mean?  How big is ‘big’?  What does ‘dominant’ or ‘scale’ or ‘huge’ mean when US retail is $6 trillion a year?

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