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Nemeski@lemm.ee to Technology@lemmy.worldEnglish · 2 years ago

Twitch to shut down in Korea over 'prohibitively expensive' network fees

techcrunch.com

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Twitch to shut down in Korea over 'prohibitively expensive' network fees

techcrunch.com

Nemeski@lemm.ee to Technology@lemmy.worldEnglish · 2 years ago
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6
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  • cross-posted to:
  • [email protected]
Twitch to shut down in Korea over 'prohibitively expensive' network fees | TechCrunch
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Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of the world's largest esports markets Twitch plans to shut down its business in South Korea on February 27, it said, after finding that operating in one of the world's largest esports markets is "prohibitively expensive."
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  • Viking_Hippie@lemmy.world
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    2 years ago

    Removed by mod

  • De_Narm@lemmy.world
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    2 years ago

    Kinda suprised by this. I usually don’t use twitch, but last time I was there practically all streams in the largest category were korean. Typically, tech firms don’t mind red numbers as long as their user base is enormous.

    • FooBarrington@lemmy.world
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      2 years ago

      Typically, tech firms don’t mind red numbers as long as their user base is enormous.

      They didn’t while it was cheap to borrow money. Since interest rates have risen, you can’t make these kinds of investments anymore without having some immediate pay off.

    • Ilflish@lemm.ee
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      2 years ago

      It helps that they don’t have any serious competitions at the moment but it’s very naive to think this won’t bolster a competitor enough to make some threat. I guess they feel untouchable with even YouTube struggling

    • DLSantini@lemmy.ml
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      No, that was step one. Operate at a loss until you suck up all of the users and kill off as much of the competition as you can. Now we’re at step two, where the time has come where they desperately need to actually make money, e.g. YouTube. You’re going to see more and more “free” sites/apps/services entering step two, if they haven’t already.

  • yamanii@lemmy.world
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    2 years ago

    The importance of net neutrality.

  • trackcharlie@lemmynsfw.com
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    There are some amazingly uneducated people in this comment section. I’m not going to bother correcting all of them, I’ll just leave links here so people can teach themselves how the god damn internet works.

    Jfc.

    https://www.freecodecamp.org/news/osi-model-networking-layers-explained-in-plain-english/

    https://blog.cloudflare.com/deep-dives-how-the-internet-works/

    https://www.youtube.com/watch?v=IPvYjXCsTg8

    • CrayonRosary@lemmy.world
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      deleted by creator

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