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This special series from The Verge is presented by Adobe Express. Hey there, this is Peter Kafka. I'm the host of Channels, the show about what happens when tech and media collide. And this week, we're talking to Adam Mosseri, who runs Instagram and who also runs Threads. And he told me what Threads was originally going to be called.
I called it Textagram as a joke, which unfortunately stuck as a name for months before I managed to kill it. Textagram, great name. You're making me regret telling you this. That's This Week on Channels, wherever you listen to your favorite podcast.
What's up, y'all? It's Kenny Beecham. We are currently watching the best playoff basketball since I can't even remember when. This is what we've been waiting for all season long. And on my show, Small Ball, I'll be breaking down the series matchups, major performances, in-game coaching decisions, and game strategy and so much more for the most exciting time of the NBA calendar.
New episodes through the playoffs available on YouTube and wherever you get your podcasts. Subscribe to Small Ball with Kenny Beecham so you don't miss a thing. I'm Sky Galloway, and this is No Mercy, No Malice. Digital is the apex predator. Legacy media is the prey. There are still lots of sheep. Media consolidation, as read by George Hahn.
The hottest product in tech is Blue Sky, adding one million users a day since the election. CEO Jay Graber says the platform will never have ads, as ads are the road to enshitification. Okay, then. Ad-supported media as a whole is one of the least volatile businesses over the last century, accounting for 1.5% of GDP and rarely straying from that number.
Inside the sector, things are less tranquil, i.e., more chaotic. In an attention economy, money follows eyeballs. I believe we'll see ads on Blue Sky eventually, but for now, let's talk about consolidation in the broader sector. Stories about Burmese pythons litter the local news in Florida. These snakes get big, really big.
The serpents can grow to as much as 16 feet long and weigh hundreds of pounds. This presents a problem as most owners are five foot nine and soon discover their roommate situation is unworkable. Owners release the snakes into the Everglades where they begin taking down alligators and deer.
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