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Tech Brew Ride Home

Fri. 04/12 - Uber's IPO and Disney+ Deets

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 12 April 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

Uber’s IPO filing is officially upon us and there was much rejoicing… or, at least, plenty of takes; Disney outlined its streaming video plans and in doing so it both put Apple to shame and fired a warning shot at Netflix, and, of course, the weekend longreads suggestions. Sponsors: Tiny.website wix.com/podcast Links: Uber unveils IPO with warning it may never make a profit (Reuters) Alphabet Is Uber IPO’s Surprise Winner With Potential $5 Billion Stake (Forbes) Uber’s Venture Investors Set for a Windfall (WSJ) Disney+ app and worldwide rollout plans revealed (Engadget) Disney+ streaming service will be available starting Nov. 12 for $6.99 a month (CNBC) Weekend Longreads Suggestions: The basics of modern AI—how does it work and will it destroy society this year? (ArsTechnica) FOXCONN IS CONFUSING THE HELL OUT OF WISCONSIN (The Verge) The man behind Huawei (The Los Angeles Times) The Improbable Rise of Huawei (Foreign Policy) Inside the Biotech Startup That Wants to Extend Your Life (OneZero) VIDEO OF APPLE’S W.A.L.T. IN ACTION – THE 1993-EDITION IPHONE (Sonny Dickson) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everybody Brian here just wanted to quickly tell you that we soft launched a whole new

0:05.4

podcast today it's called the primary ride home I'm gonna tell you all about it at the end of the

0:11.4

show today so listen for that but also

0:13.4

search your podcast app for the primary ride home and subscribe. Thanks.

0:20.0

Welcome to the Tech Mem Ride Home for Friday, April 12th, 2019. I'm Brian McCullough.

0:28.0

Today, Uber's IPO filing is officially upon us and there was much rejoicing or at least plenty of

0:34.2

takes. Disney outlined its streaming video plans and in doing so it put both

0:39.0

Apple to shame and fired a warning shot at Netflix and of course

0:43.7

course the weekend long read suggestions.

0:46.1

Here's what you missed today in the world of tech.

0:50.4

Well it finally happened.

0:51.7

Uber has officially filed for its IPO, perhaps the most eagerly anticipated IPO in the

0:59.6

tech space since Facebook.

1:02.6

And filing means filing an S1,

1:05.2

which means we finally get an official look

1:08.3

under the hood at Uber's actual business.

1:11.8

Headline numbers.

1:13.0

Uber said it had 11.27 billion dollars in revenue in 2018, which was up 42% year over year.

1:20.0

And it also had an Ebitat loss of 1.85 billion dollars.

1:27.0

One of the reasons for that loss perhaps, the S-1 also showed that Uber spent

1:32.0

457 million dollars last year on research and development.

1:35.0

R&D on everything from autonomous vehicles to flying cars and other quote technical programs.

...

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