Fri. 05/08 – How Good Can an $18 Apple Watch Knock-Off Really Be?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 8 May 2020

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

Uber continues the things-could-be-worse tech earnings parade, Google is consolidating all of its messaging efforts under one team, this whole Reliance Jio Platforms story really has me intrigued, a semi-decent $18 Apple watch ripoff, and, of course, the weekend longreads suggestions. Sponsors: Caramba.store Tibco.com/ride Links: Uber shares shoot up after CEO says ride volume is increasing again after April bottom (CNBC) UK may ditch NHS contact-tracing app for Apple and Google model (The Guardian) Google unifies all of its messaging and communication apps into a single team (The Verge) Vista Equity Partners to invest $1.5B in India's Reliance Jio Partners (TechCrunch) Developers say Google's Go is 'most sought after' programming language of 2020 (ZDNET) This Apple Watch copycat is surprisingly good for just $18 (CNET) Weekend Longreads Suggestions: The System That Actually Worked (The Atlantic) THE WORLD’S BIGGEST PC GAMES ARE FIGHTING A NEW SURGE OF CHEATERS AND HACKERS (The Verge) How Apple reinvented the cursor for iPad (TechCrunch) Instacart’s Frantic Dash From Grocery App to Essential Service (Bloomberg Businessweek) It’s the 50th Anniversary of Humanity’s Favorite Activity: Staring at an LCD (WSJ) Steven Sinofsky lived Microsoft history. Now he’s writing it (Fast Company) One-Man Hedge Fund Gains 56% With Virus-Resistant Tech Bets (Bloomberg) Subscribe to the ad-free feed, support the podcast directly, and get started in 60 seconds, right here inside your podcast app. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Beam Ride Home for Friday, May 8th, 2020. I'm Brian McCullough today.
0:09.0	Uber continues the things could be worse tech earnings parade.
0:13.2	Google is consolidating all of its messaging efforts under one team.
0:17.2	This whole Reliance Geo Platform's story really has me intrigued,
0:21.2	a semi-decent $18 Apple watch rip off, and of course the weekend long read
0:26.7	suggestions. Here's what you miss today in the world of tech.
0:30.1	All right, we did get Uber's earnings last night.
0:36.8	Revenue was up 14% year over year.
0:39.1	Gross bookings were up 8% year over year. but also Uber reported a quarterly net loss of 2.9 billion dollars,
0:48.2	while at the same time in the quarter, Eats bookings, were up 52%. But again, this is one of those. We'll get the real numbers that really
0:59.2	matter when Q2 is reported in about three months time but also Wall Street again seems to think you
1:06.3	know could have been worse Uber stock is up 5% at the time of this writing quoting
1:11.0	Samb c the net loss of 2.9 billion dollars
1:14.1	total includes 2.1 billion dollars in impairment charges from companies in which
1:18.8	Uber has a stake but represented Uber's biggest loss in three quarters.
1:23.2	Gross bookings in Uber's core business segment, Rides, fell 5% from a year ago.
1:28.5	However, on the company's earnings call,
1:30.5	CEO Darakososhahis said that the Ride's business was down around 80% in April
1:36.2	from last year, but also gave reason for optimism, saying that Ride Volume had increased
1:41.3	in each of the last three weeks."
1:43.4	Indeed, the optimism that Koss Roshahi was talking about seems to relate to the fact that
1:49.6	ride volume bottomed out in mid-April and has been rising slowly ever since.
	...

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