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Tech Brew Ride Home

Fri. 7/19 - This Pentagon Contract Is Not the One You’re Looking For

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 19 July 2019

⏱️ 19 minutes

🧾️ Download transcript

Summary

Microsoft makes boring pay dividends, Trump says he’ll use JEDI mind tricks to examine a Pentagon bid, Orlando ends a controversial facial-recognition test with Amazon, and your weekend long read suggestions. Sponsors Castro Fireside Links: Microsoft beats on earnings, stock ticks up (CNBC) Trump says he’s looking into a Pentagon cloud contract for Amazon or Microsoft because ‘we’re getting tremendous complaints’ (CNBC) Republican lawmakers urge Trump not to delay the $10 billion Pentagon cloud contract Amazon and Microsoft want (CNBC) Orlando cancels Amazon Rekognition program, capping 15 months of glitches and controversy (Orlando Weekly) Weekend Longreads Suggestions: 50 Days to the Moon (Fast Company) Is It Okay to Laugh at Florida Man? (Washington Post) TikTok Stars Are Preparing to Take Over the Internet (The Atlantic) Grindr Wanted To Make The World Better For Queer People. Then A Chinese Gaming Company Bought It. (Buzzfeed) Andy Ngo Has The Newest New Media Career. It’s Made Him A Victim And A Star (Buzzfeed) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Mem Ride Home for Friday, July 19th, 2019. Today, Microsoft makes boring pay dividends. Trump says he'll use

0:16.6

Jedi Mind Tricks to examine a Pentagon Bid. Orlando ends a controversial facial

0:21.7

facial recognition test with Amazon and your weekend long reading

0:25.2

suggestions.

0:27.2

I'm Glenn Fleischman in for Brian McCullough who is on vacation and here's what you missed

0:31.7

in the world of tech today.

0:36.0

Well in that tech world, boring can be good.

0:39.0

Microsoft proved that with its latest quarters earnings.

0:42.0

The company exceeded revenue and earnings expectancy. to prove that with its latest quarters earnings

0:44.6

expectations while avoiding any major gas, privacy leaks,

0:48.7

password disclosures, political snafoos,

0:50.9

technological failures, and the like.

0:53.0

The company gross nearly $34 billion and made over $13 billion in net income or $1.37 a share,

1:00.8

a 12% year-over-year year revenue increase and its ninth quarter in a row of year

1:05.8

over year improvements of 10% or higher. The company is solidly past a trillion dollars

1:12.3

in market capitalization now and its shares continue a nearly uninterrupted rise since 2013 with a few minor corrections along the way.

1:20.0

It's up over 500% in that period, rising 34% this year alone.

1:25.0

Once a provocative, aggressive, alleged monopolist that caused and faced rancor across the industry,

1:31.0

under the leadership of CEO Satcha Nodella, it appears to have mastered the

1:34.4

knack of being largely dull and minting money.

1:38.3

Microsoft was ridiculed and rightly so for misjudging the impact of the iPhone, its ill-fated

1:42.4

purchase of Nokia's smartphone division,

...

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