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Kim Komando Today

Tech Refresh: Facebook caps $1 trillion, Peloton for kids and Starlink

Kim Komando Today

WestStar Multimedia Entertainment, Inc

News, Tech News, Technology

4.8770 Ratings

🗓️ 2 July 2021

⏱️ 40 minutes

🧾️ Download transcript

Summary

Facebook is now worth $1 trillion. Kim dives in what you could get for all that cash. Plus, Starlink's progress in bringing high-speed internet to the masses and the inside scoop on Windows 11. In the tech tip, how to see what's eating up all the space on your phone — and what to delete.

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Transcript

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0:00.0

Hey, welcome to Tech Refresh with Kim Commando and friends from Commando.com with K. That's K-O-M-A-N-D-O. Gangs all here. Welcome back, Kim. Ben Allie. I'm Mike. And before we get started, just a quick reminder as we do every week. Make sure you're subscribed to the podcast. You get these delivered every single week. And we start with the

0:21.5

news and America's digital goddess Kim Commando. Oh, my favorite company, Facebook, right?

0:28.4

Yay. Right. Okay. Well, Facebook has become the fifth U.S. company to have a market cap of more

0:34.5

than $1 trillion. Okay. So why do you think it went up? Anybody? Why it went

0:40.6

up? More people spending time at home with nothing to do? Because they can keep Instagram?

0:45.4

Because everyone finally bought a portal. I like that one. I wonder how many they've actually

0:52.2

sold. Seven. Exactly.

0:54.7

That's probably it.

0:55.5

No, they passed the trillion dollar threshold because their shares popped 4% after a federal judge dismissed the FTC's antitrust complaint against Facebook saying that they still needed to show how Facebook was a monopoly in the quote, personal social networking services.

1:11.1

Are they monopoly?

1:13.0

Well, add in the ads and it's close.

1:16.6

I think, Ben.

1:17.7

Mike?

1:18.3

They're certainly overpowering in that space, right?

1:20.9

So, yeah.

1:22.2

I can't help with telling you this, but I have a Gmail account.

1:24.7

And it has so much spam in it.

1:27.4

And so I had my laptop open and Barry's like,

1:30.6

what is that email?

1:31.8

Okay, so instead of Facebook, there's a website called F book.

1:40.5

I'm like, oh my gosh.

1:43.0

So keep in mind that Facebook is just barely over the one trillion

...

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