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Tech Brew Ride Home

Fri. 08/28 – Ok, So… How About Walmart Owning TikTok?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 28 August 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

Ok, if things couldn’t get any weirder, what if I told you Walmart really wants to buy TikTok. Has anyone noticed that Facebook is actively working to keep the App Store controversies in the news? I say thumbs down to a sidekick inspired smartphone, but thumbs up to completely under the screen selfie cameras. And of course, the weekend longreads suggestions. Sponsors: TinyCapital.com Masterworks.io, select PODCAST, then enter: RIDE GetSideQuest.app/ride Links: Walmart wanted to be majority owner of TikTok, and was teamed up with Alphabet and SoftBank before Microsoft (CNBC) Walmart is teaming up with Microsoft on TikTok bid (CNBC) Exclusive: Facebook says Apple rejected its attempt to tell users about App Store fees (Reuters) Exclusive: First look at the LG Wing with its twisty dual display (Update) (Android Authority) Xiaomi will launch a phone with an invisible under-display camera in 2021 (Android Central) The Weekend Longreads Suggestions The Anti-Facebook: 12 Years In, Facebook's Cofounder Dustin Moskovitz's Slow-Burn Second Act Asana Finally Has Its Moment (Forbes) Palantir: On Business, Cults, and Politics (The Diff) Belarus Turned Off the Internet. Its Citizens Hot-Wired It. (Gizmodo) The Event Industry Is Being Confronted By Its Napster Moment (Skift) Amazon and FedEx Push to Put Delivery Robots on Your Sidewalk (Wired) The Conscience of Silicon Valley (GQ) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Name Ride Home for Friday, August 28th, 2020.

0:07.0

I'm Brian McCullough today.

0:09.0

All right, if things couldn't get any weirder, what if I I told you Walmart really wants to buy

0:12.9

Tik-Toc. Has anyone else noticed that Facebook is actively working to keep the

0:17.3

App Store controversy in the news? I say thumbs down to a sidekick inspired

0:22.0

smartphone but thumbs up to a completelykick-kick-inspired smartphone, but thumbs up to a completely under-the-screen

0:25.4

selfie camera and of course the weekend long read suggestions. Here's what you

0:29.4

miss today in the world of tech.

0:39.0

Can avoid the Tik-Tok story today because it's gotten a bit wild. Maybe we thought it was crazy for Microsoft to want to take over Tik-Tok. Maybe we thought it was crazy for Microsoft to want to take over Tic-Toc. Maybe we thought it was crazy for

0:44.5

Oracle to want to take over Tic-Toc. But can I tell you sources are saying Walmart is seeking a

0:50.3

majority stake in Tic-Toc and they are very, very serious about it, leading me to question

0:55.4

the current nature of our reality.

0:58.0

Actually, the reporting here is a bit confused.

1:01.6

It seems like right now Walmart wants to team up with

1:05.6

Microsoft in Microsoft's bid for Tik-Tok. But before that, apparently Walmart

1:11.6

was trying to put together a consortium to buy Tik-Toc outright with others, quoting

1:17.2

CNBC. Before teaming up with Microsoft and recent days, Walmart was part of a consortium

1:22.3

put together by Soft Bank Chief Operating Officer

1:24.8

Marcello Clowry, which also included Google Parent Company Alphabet, according to people familiar

1:29.7

with the matter.

1:30.8

Softbanks, Clowry felt Walmart's All-American Image and Google's cloud computing infrastructure

1:35.1

backbone could be a way for the Japanese technology company which has specialized in buying

...

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