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Tech Brew Ride Home

Thu. 02/25 – The Biden Administration Addressed The Chip Shortage

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 25 February 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

The Biden administration signs an executive order addressing the chip shortage. I’ll tell you why this is evolving into a big deal. Coinbase files its S-1 so we get to look under the hood of their business for the first time. Paramount+ reveals pricing and content details for the first time. And timely interesting raises in the Ethereum space which means: NFTs. Sponsors: Oracle.com/goto/ride FlatFile.io Links: Biden Orders Broad Supply-Chain Review Amid Chip Shortages (WSJ) Coinbase Reveals $322M in Profit For 2020 Ahead of Landmark Public Debut (Decrypt) ViacomCBS bets you will subscribe to 5 or more streaming services, leaving plenty of room for Paramount+ (CNBC) Verizon Leads 5G Airwave Bidding With Record $45 Billion Splurge (Bloomberg) NFT marketplace Sorare raises $50 million in Series A led by Benchmark (The Block) Ethereum scaling startup Optimism raises $25 million Series A led by a16z (The Block) Otter.ai raises $50 million for AI transcription (VentureBeat) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Main Ride Home for Thursday, February 25th, 2021.

0:08.0

I'm Brian McCullough. Today, the Biden administration signs an executive order

0:11.8

addressing the chip shortage. I'll tell you why this is a The for the first time. Paramount Plus reveals pricing and content details for the first time and

0:25.6

timely interesting raises in the ethereal space actually really means NFTs.

0:31.2

Here's what you miss today in the world of tech.

0:36.0

The Biden administration has signed an executive order mandating a 100 day review of critical supply chains.

0:43.7

Yes, some of the concern here

0:45.8

is that they want to make sure we never again

0:48.0

have shortages of critical things like masks

0:51.6

and other PPE or materials necessary for mass vaccination say,

0:56.0

pharmaceuticals, even food. Basically they want the US to be less

1:00.3

reliant on overseas sources for critical materials like these.

1:04.4

But also, there's a heavy tech angle here, quoting the Well Street Journal.

1:09.2

The executive order mandates a 100-day review of supply chains for four areas.

1:14.0

Semiconductors used in products from cars to phones,

1:17.2

large capacity batteries used in electric vehicles,

1:20.5

pharmaceuticals, and rare earth elements that are key to technology and defense.

1:27.0

Pharmaceuticals and rare earth elements that are key to technology and defense.

1:32.0

The executive order wouldn't fix the near-term

1:35.0

chip shortage, White House officials acknowledged, but the hope is to produce a

1:39.3

longer-term plan to help the federal government prevent future supply chain problems.

1:43.7

They are separately looking for ways to ease the backlog facing U.S. automakers.

...

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