Big Tech falls short in the first salvos of the Q3 earnings cycle • TechCrunch
If you are Believing in the endless focus of corporate power, the work of big tech companies to expand their reach into all areas of the digital economy should bring you happiness. If you are More in favor of startups attacking and bringing in existing wealth with the (figurative) sword, it is likely to be less welcome; Once the big tech companies reach a certain scale, they often have the wealth and influence to buy, build or bury their smaller competitors.
But no matter which side of Platform wars Standing up, the expansion of big tech companies means that they regularly spawn a plethora of stats that we can use to better understand the world. Given the ever-changing state of the global economy this year, the information provided by the earnings of major tech companies is more important than usual.
As we noted earlier this week, TechCrunch+ has several questions That we want to be answered during this particular earnings cycle, and yesterday, thanks to Alphabet and Microsoft, we can begin to address our inquiries. Today, we’re talking through advertising, enterprise software, the cloud, and consumer inquiries.
The exchange explores emerging companies, markets and money.