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Tech Brew Ride Home

Thu. 07/15 – Oh Yeah. It Definitely Looks Like Netflix Is Getting Into Gaming.

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 15 July 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

Netflix hires a big name gaming executive. Twitter retires Fleets. Facebook wants to make it rain for creators. TSMC says the chip shortage is starting to ease. Amazon launches serialized storytelling. And one of the biggest unicorns in the world, just 6x’d in less than a year. Sponsors: WealthFront.com/techmeme Canva.me/techmeme Links: Netflix Plans to Offer Video Games in Push Beyond Films, TV (Bloomberg) Twitter is shutting down Fleets, its expiring tweets feature (The Verge) Facebook plans to pay creators $1 billion to use its products. (NYTimes) TSMC Expects Auto-Chip Shortage to Abate This Quarter (WSJ) Amazon launches its mobile-first Kindle Vella serialized story platform (Engadget) Revolut confirms a fresh $800M in funding at a $33B valuation (TechCrunch) 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 Thursday, July 15th, 2021. I'm Brian McCullough today.

0:08.8

Netflix hires a big name gaming executive.

0:12.0

Netflix retires fleets.

0:14.2

Facebook wants to make it rain for creators.

0:16.4

T.S.M.C. says the chip shortage is starting to ease.

0:19.2

Amazon launches serialized storytelling,

0:22.0

and one of the biggest unicorns in the world just six

0:24.9

Xt in less than a year. Here's what you missed today in the world of tech.

0:37.1

It's a Mark Germin scoop Thursday, but this time the scoop is not about Apple. And this time he has the assistance of his Bloomberg colleague Lucas Shaw.

0:41.9

The boys are reporting that Netflix has hired ex

0:43.9

Facebook and EA executive Mike Verdu as VP of game development at

0:50.8

Netflix. This is in aid of, according to sources, Netflix's plans to offer

0:56.4

gaming within the next year. Quote, the games will appear alongside current

1:01.6

fair as a new programming genre similar to what

1:04.8

Netflix did with documentaries or stand-up specials. The company doesn't currently

1:08.4

plan to charge extra for the content the people said who asked not to be

1:12.4

identified because the

1:13.6

deliberations are private.

1:15.2

Netflix has been seeking ways to keep growing, especially in more saturated markets such

1:19.7

as the US. That's included building out its kids programming, opening an online shop to sell merchandise,

1:25.4

and tapping Stephen Spielberg to bring more prestigious movies to its lineup. The company remains

1:29.8

well ahead of streaming rivals such as Disney Plus or

...

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