Fri. 08/13 – The Growing Power Of Stablecoins

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 13 August 2021

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Disney reported some surprisingly strong streaming numbers. A recent Nvidia keynote included a virtual replica of its CEO. What if USDC becomes a stablecoin defacto backed by the US Fed. And in the weekend longreads suggestions, why stablecoins generally have become the lynchpin of the crypto universe. Sponsors: Gainful.com/techmeme Quantummetric.com/podoffer offer code Podcastcode Links: Disney+ beats expectations to reach 116 million subscribers in Q3 (TechCrunch) Nvidia Reveals Its CEO Was Computer Generated in Keynote Speech (Motherboard) How Circle could create a U.S.-backed digital currency (Axios) Crypto platform Poly Network rewards hacker with $500,000 'bug bounty' (Reuters) Weekend Longreads Suggestions: Why the Stablecoin Issuers Will Inherit the Earth (Bloomberg) I Joined a Penguin NFT Club Because Apparently That’s What We Do Now (NYTimes) Status Monkeys (Not Boring) How Figma Became Design’s Hottest Startup, Valued At $10 Billion (Forbes) Massachusetts Start-Up Hopes to Move a Step Closer to Commercial Fusion (NYTimes) 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 Right Home for Friday, August 13th, 2021. I'm Brian McCullough today.
0:09.2	Disney reported some surprisingly strong streaming numbers. A recent NVIDIA keynote included a virtual
0:14.9	replica of its CEO. What if USDC becomes a stable coin de facto backed by the US Fed? And in the weekend long-range suggestions why
0:24.5	stable coins generally have become the lynchpin of the crypto universe.
0:28.4	Here's what you miss today in the world of tech.
0:32.4	Disney Plus beat its Q3 subscriber estimates reaching 116 million subscribers
0:39.0	versus 114.5 million which was expected. This came out during Disney's earnings
0:44.5	call yesterday where the Mouse House also revealed that ESPN plus
0:47.8	subscribers rose 75% year over year to 14.9 million subscribers and Hulu grew 21% year over year to 42.8
0:57.3	million subscribers quoting Tech Crunch.
1:00.7	Disney also topped expectations across the board with 17.02 billion in revenue
1:06.2	versus the 16.76 billion expected and earnings per share of 80 cents above
1:11.4	analysts expectations of 55 cents.
1:13.7	Even Disney Parks were back in business.
1:16.2	Quote, our direct to consumer business is performing very well
1:19.4	with a total of nearly 174 million subscriptions across Disney Plus,
1:23.4	ESPM Plus and Hulu at the end of the quarter,
1:25.8	and a host of new content coming to the platform,
1:28.2	noted Disney CEO Bob Chapeck in a press release.
1:31.6	Across Disney's direct to consumer business revenues grew
1:34.1	57% to 4.3 billion and its operating loss declined from 0.6 billion to 0.3
1:40.0	billion thanks to improved results from Hulu including subscription growth and
	...

Please login to see the full transcript.

Previous episode | Next episode

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.