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Platformonomics TGIF #137: August 7, 2026
Platformonomics TGIF is a weekly roll-up of links, comments on those links, and perhaps a little too much tugging on my favorite threads. Get Platformonomics Updates By Email Summer is flying by… News Useful Idiots, Fellow Travelers and Unregistered Foreign Agents: Oracle We’ve written at length about the financial risks of Oracle’s Hail Mary scramble…
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Calling the Election
Forget about the politicians, the biggest loser on November 5th will be old media. The Olympics are over. The election will be over (and evidently $2.5 billion in political advertising this year wasn’t enough to stop a decline in overall media advertising through August). Old media is already in steep decline and this recession is…
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My Vote
Goes to any politician who removes the Do Not Call Registry’s self-serving exemption for political organizations. Do they really believe that people who registered for this wildly popular program (over 157 million phone numbers registered) still want to receive robo-calls? The phone has been ringing all weekend.
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Feedburner Under Google: “Dreck”
Another ding for Google’s acquisition track record: I used to see a decent amount of ad dollar revenue via Feedburner… Then Google took them over, and its been a total clusterf*&k ever since… Utterly embarrassingly dreck. How worthless it is? The revenue dropped about 90%. Gee, why aren’t you folks reading TBP clicking on payday…
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Negative Intrinsic Value?
Ouch. This is not a stable situation. JAVA: 4.62 -0.15 (-3.14%) – Sun Microsystems, Inc. Behold: Sun, if it still has $3.5B cash, is now a negative-net-worth company (at $4.62/share, mkt cap = $3.43B). Low price for today so far was $4.51. Peter O’Kelly’s Reality Check
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The NASCAR Bailout
It only took on the order of $110 billion in additional “sweeteners” to get enough votes to pass the $700 billion bailout bill (a bill almost certain to be a disaster, we just don’t yet know what the unintended consequences will be). The “sweeteners” took the form of new or extended tax breaks. One can…