Fri. 10/26 - AI “Art” Fetches $400,000 at Auction

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 26 October 2018

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Tech earnings season earnings roundup, new DRM rules allow jailbreaking… for some things, China’s rival GPS system, AI “art” fetches $400,000 at auction and the weekend longreads suggestions. Links: Twitter Stock Soars after Strong Earnings Beat (CNBC) Tesla Shares Soar on Surprise Third-Quarter Profit That Beats Wall Street Expectations (CNBC) Microsoft Reports $29.1 Billion in Q1 2019 Revenue: Azure up 76%, Surface up 14%, and Windows up 3% (VentureBeat) Amazon Squeezes Out More Profit as Sales Growth Slows (New York Times) Google Stock Falls As Revenue Misses; Amazon Ad Competition To Blame? (Investor’s Business Daily) Snap Hits All-Time Low After Lackluster Earnings Report (CNBC) Copyright Office Ruling Issues Sweeping Right to Repair Reforms (iFixit) In Groundbreaking Decision, Feds Say Hacking DRM to Fix Your Electronics Is Legal (Motherboard) How China's GPS 'Rival' Beidou is Plotting to Go Global (BBC News) AI Art at Christie’s Sells for $432,500 (New York Times) The Betterment Weekend Longreads: Inside Rockstar Games' Culture Of Crunch (Kotaku) At Netflix, Radical Transparency and Blunt Firings Unsettle the Ranks (WSJ) Podcast on Netflix Culture (Planet Money Podcast) It Might Get Loud: Inside Silicon Valley’s Battle to Own Voice Tech (Fortune) How Dara Khosrowshahi’s Iranian heritage shapes how he leads Uber (Fast Company) AN ALTERNATIVE HISTORY OF SILICON VALLEY DISRUPTION (Wired) Bonus Link (from Wednesday): THE AI COLD WAR THAT COULD DOOM US ALL (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 Meme Ride Home for Friday, October 26, 2018. I'm Brian McCullough.
0:09.2	Today, the Tech Earnings Season Earnings Roundup, new DRM rules allow jailbreaking for some things,
0:18.0	China's rival GPS system, AI Art fetches $400,000 at auction and the weekend long reads suggestions.
0:26.6	Here's what you miss today in the world of Tech.
0:32.3	Tech earnings season is upon us once again, but this quarter, instead of doling out the news day by day,
0:40.0	since there hasn't been really any earth-shattering shocks yet, just a bunch of little surprises,
0:46.2	I thought I'd wait and round up everything and give it to you all at once.
0:50.3	So, first up, Tesla reported earnings this week.
0:55.0	The company posted its first profitable quarter in two years
0:58.0	and only its third profitable quarter ever,
1:01.0	based on strong sales of the model three. It brought in 311
1:05.0	million dollars in profit. The company delivered just over 56,000 model
1:09.0	three's in North America and it hopes to expand model three orders to Europe and China before the end of the year.
1:14.8	On Twitter, Sean O'Kane highlighted some interesting details.
1:18.0	Tesla now makes more than a 20% gross margin on the Model 3.
1:22.1	Tesla Energy Revenue is up and the company is holding
1:25.1	nine hundred and six million in customer deposits for cars it hasn't made yet. Oh and
1:31.2	keep in mind this is the last earnings report with Elon Musk as chairman for at least three years after that recent settlement with the SEC.
1:39.0	Next, Twitter.
1:41.0	Twitter has lost 9 million mouths, monthly active users, but managed to beat expectations
1:48.2	on both revenue and profit.
1:50.2	Part of the dip in mouths has to do with a purge of bots and fake accounts.
	...

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.