SpaceX Will Build BFR in L.A.; Netflix Adds Yet More Subscribers; Big Walmart Web Makeover; If Facebook Went SubscriptionPosted: April 17, 2018
Los Angeles Mayor Eric Garcetti let the cat out of the bag during a speech yesterday…and it’s a BIG cat! SpaceX will build their BFR- Big Falcon Rocket at the Port of L.A. According to arstechnica.com, SpaceX has leased an 18 acre site at Berth 240 at the port. SpaceX is apparently already moving hardware to temporary facilities, but will build a state of the art facility. The waterside site allows for easy shipping to test sites and launch pads. Preliminary tests could start in 2019. SpaceX has said the BFR might be used for colonizing Mars.
Netflix added over 7 million subscribers in the 1st quarter, and projects picking up another 6.35 million this quarter. Recode.net reports that Netflix is now up to 1245 million subscribers globally. This puts Netflix at the fastest growth rate since they went into streaming.
Walmart has done a major makeover to its website, in hopes that a cleaner, more modern walmart.com will better compete with Amazon. Reuters.com says the company has been investing heavily in its e-commerce business, including trying to leverage its 4700 brick and mortar stores to help fuel the web growth. Walmart has been letting pick up and return online orders in stores, and last month, announced that it was adding grocery delivery that would reach more than 40% of American households. Look for the big website update to be fully in place in a couple weeks. The company announced that its online sales had increased 23% last quarter, doing a bit over 11 billion. That’s just a trickle of sales compared to the nearly 319 billion the company does overall, though.
Although Mark Zuckerberg again insisted during recent Congressional hearings that Facebook would always remain free to everyone, so those who can’t afford a fee could use it, they have been considering an ad-free subscription. Techcrunch.com reports that based on ad earnings in the US and Canada, they would have to charge $7 per month. Of course, ads aren’t the only way they make money. Some users are more well heeled, and might buy nicer products and services, so they are worth more to advertisers. They also might spend more time on the platform….but would they pony up as much as $11 to $14 a month, like a higher end subscription to Netflix or Hulu? If so, would they be able to opt out of not only ads, but having their data sold off to third parties? Nothing is rumored as happening yet, but we could be seeing both a free tier and paid tier Facebook, and even multiple subscription prices at some point. Will that help ‘save’ Facebook from the Cambridge Analytica fallout? Stay tuned.