The FTC’s case against Facebook doesn’t make sense because it conflates three distinct Facebook eras, and today’s era is very much defined by competition.

ChatGPT’s memory feature is pretty basic, but it’s the sort of product feature that can build a moat, particularly if it’s extended to other use cases.

ChatGPT’s memory feature is pretty basic, but it’s the sort of product feature that can build a moat, particularly if it’s extended to other use cases. Subscribe to Stratechery Plus for full access.

The best Stratechery content from the week of April 7, 2025, with a focus on the Trump administration’s disastrous tariffs, Apple’s complicated future, and how China might respond.

Here were a few of our favorites from Stratechery Plus this week. Opportunities and Constraints for Google. Monday’s Stratechery Article focused on multiple dimensions of Google’s strategy, but the ...

The best Stratechery content from the week of March 17, 2025, including why Nvidia’s response to ASICs, a fight with China over the Panama Canal, and an interview with Sam Altman.

Rest in Peace, Skype. I appreciated Ben’s Update about Microsoft’s announcement that they were EOL-ing Skype, particularly his personal connection to the service. My first — and only — exposure to ...

The best Stratechery content from the week of February 17, 2025, including drone delivery, tech and China, and the premature end of Victor Wembanyama’s season. The best Stratechery content from the ...