Mon. 01/29 – Is Arc Search The Future Of Search I Was Talking About?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 29 January 2024

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Amazon calls off its iRobot acquisition. Is Arc Search the future of search we were talking to Baratunde about this weekend? Why you can’t search for Taylor Swift on X at the moment. How many ads will be in streaming? And who is quietly killing it in subscription gaming? The answer may surprise you. Links: Amazon Drops $1.4 Billion iRobot Deal; Vacuum Maker Cuts Jobs (Bloomberg) Arc Search combines browser, search engine, and AI into something new and different (The Verge) Arc’s new iPhone browser wants to be your search companion (TechCrunch) X Halts Taylor Swift Searches After Explicit AI Images Spread (WSJ) Chinese AR Glasses Maker Raises $60 Million to Compete With Apple (Bloomberg) Amazon Is Now Charging Prime Members Extra for Ad-Free Streaming. For Some, That’s a Deal Breaker. (WSJ) Games are helping the New York Times thrive amid media chaos (Axios) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Meme Right Home for Monday, January 29th, 2024. I'm Brian McCullough today.
0:08.8	Amazon calls off its I-Roboterrorian acquisition. Is Arc Search the future of Search we were talking to Baratune
0:14.4	about this weekend? Why you can't search for Taylor Swift on X at the moment?
0:19.0	How many ads will be in streaming and who is quietly killing it in subscription gaming?
0:23.4	The answer may surprise you.
0:25.1	Here's what you miss today in the world of tech. After opposition from EU regulators, Amazon is ending its 1.4 billion dollar acquisition
0:38.8	of Roombot Maker I-Robot and will pay I-Robot a $94 million walkaway fee.
0:45.0	Fast on this news came the headline that I robot will lay off around 31% of staff and
0:49.3	given that I robot has had half a billion dollars in losses just since 2021.
0:54.7	There are lots of people saying this regulatory move, ostensibly to promote the health
0:58.6	of a market, could actually have the effect of killing the company the regulator was looking
1:02.4	to protect.
1:03.4	So what does that do to the home robotics market if I robot is no more?
1:08.7	quoting Bloomberg.
1:09.9	The European Commission, the EU is executive arm that oversees antitrust, is generally
1:13.5	known to opt for remedies that correct any risks to fair competition rather than ban mergers
1:18.9	outright.
1:19.9	But companies often short circuit the process by choosing to abandon deals that appear to be headed for a veto.
1:25.8	Amazon's move, which comes with a $94 million termination fee to be paid to I-Robot,
1:30.8	follows a similar decision recently by Adobe to walk away from a planned
1:34.5	20 billion-dollar acquisition of startup Figma after locking horns with antitrust
1:38.9	regulators in the EU and the UK. Amazon decided not to offer remedies to concerns flagged by regulators.
	...

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