meta_pixel
Tapesearch Logo
Log in
Tech Brew Ride Home

Fri. 01/31 - Did Uber and DoorDash Almost Merge?

Tech Brew Ride Home

Amalgamated Internets, LLC

News, Tech News, Technology

4.71K Ratings

🗓️ 31 January 2020

⏱️ 21 minutes

🧾️ Download transcript

Summary

Amazon earnings, the new Apple Maps is rolling out in the US, Uber and DoorDash held merger talks at Softbank’s behest, who’s number two to TikTok in short form videos, and of course, the weekend longreads suggestions. Sponsor: Metalab.co Links: Amazon Revenue Jumps on Holiday Sales as Profit Rises (WSJ) Apple's redesigned Maps app is available across the US (TechCrunch) Uber and DoorDash held merger talks after SoftBank push (Financial Times) SoftBank Is Funding Every Side of a Bruising Startup Battle (WSJ) EU lawmakers snub Apple's pleas, overwhelmingly vote to push for charging cable standard (Apple Insider) How Dubsmash revived itself as #2 to TikTok (TechCrunch) Weekend Longreads Suggestions: Every Company Will Be a Fintech Company (Angela Strange/A16Z) Don't Brush Off Mouth Tech As a Passing Fad (Wired) The iPad's original software designer and program lead look back on the device's first 10 years (InPut) Super Bowl 2020: The madness and magic behind the game’s first 4K HDR broadcast (Digital Trends) Researchers Are Racing to Make a Coronavirus Vaccine. Will It Help? (NYTimes) How Do Bats Live With So Many Viruses? (NYTimes) Facial Recognition- The controversial and nearly ever-present technology that could replace the fingerprint (California Sunday Magazine) CollegeHumor Helped Shape Online Comedy. What Went Wrong? (Wired) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Tech Mem Ride Home for Friday, January 31st, 2020. I'm Brian McCullough.

0:08.8

Today, Amazon earnings. The new Apple Maps are rolling out in the U.S.

0:13.9

Uber and DoorDash held merger talks at Soft Banks behest,

0:17.8

who's number two to Tik-Tok in short-form videos,

0:20.8

and of course the weekend long read suggestions.

0:24.0

Here's what you miss today in the world of tech. Final earnings Up of the Week, Amazon's Q4 came in at 87.4 billion in revenue, up 21% year over year.

0:42.0

Net income came in at 3.3 billion in revenue, but that was also up from 3 billion a year ago.

0:49.8

What really matters the most for the stock of course is that AWS revenue came in at

0:53.9

9.9 billion dollars up from 7.4 billion a year ago. This news has buoyed Amazon stock

1:01.1

and by trading up about 9% this morning that means that Amazon's market

1:05.1

cap is back above the magic one trillion dollars mark. More details from

1:10.6

Amazon on the earnings call Jeff Bazel said Prime now has over 150 million

1:15.4

members worldwide up from the 100 million that the company reported 21 months ago

1:20.0

and Amazon's other revenue category, which mostly consists of its advertising business, came in at 4.87 billion dollars in revenue up 41% year over year.

1:30.0

That means Amazon's ad business is growing faster than Facebook is at the moment.

1:35.0

Oh, and subscription services revenue was 5.24 billion dollars up 32% year over year,

1:42.0

so don't forget Amazon's in that game too.

1:45.0

One interesting detail here from the Wall Street Journal.

1:47.0

Amazon's margins actually remained healthy despite all that Ballyhoot investment in one day shipping and the like.

1:55.0

There was investor concern that one day shipping would be a drag to margins,

1:59.0

so the fact that they have been able to offer one day shipping and also at the same time drives some

2:04.4

efficiency has to please investors Raymond James analyst Aaron Kessler said

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Amalgamated Internets, LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Amalgamated Internets, LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.