Thu. 10/17 – Sigh Of Relief From Chip Stocks

Tech Brew Ride Home

Amalgamated Internets, LLC

News, Tech News, Technology

4.7 • 1K Ratings

🗓️ 17 October 2024

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Now Amazon is building some modular nuclear reactors. TSMC’s results cheer up the chips industry. Uber but for buying plane tickets. No, I mean, really, use Uber to buy plane tickets. And the controversial reason Meta is reportedly laying off some folks. Sponsors: Lumen.me/ride Links: Amazon goes nuclear, to invest more than $500 million to develop small modular reactors (CNBC) TSMC Hikes Revenue Outlook in Show of Confidence in AI Boom (Bloomberg) The FTC is finally making it easier to cancel your gym membership (The Verge) Uber explored takeover bid for Expedia (FT) Meta is laying off employees at WhatsApp, Instagram, and more (The Verge) Meta fires staff for abusing $25 meal credits (FT) Analogue’s 4K Nintendo 64 launches next year for $249 (The Verge) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Name Right Home for Thursday, October 17th, 2024. I'm Brian McCullough today.
0:09.0	Now Amazon is also building some modular nuclear reactors.
0:12.6	T.S.M.C's results cheer up the chips industry.
0:15.1	Uber, but for buying plane tickets.
0:17.5	But I mean, really.
0:18.8	Soon you could use Uber to buy plane tickets.
0:20.8	And the controversial reason Meta is reportedly laying off some of their folks.
0:25.0	Here's what you miss today in the world of tech.
0:27.0	I mean, how many confirms a trend. Amazon has signed three deals now to help develop
0:39.3	small modular nuclear reactors in the US with Amazon's climate pledge fund leading a
0:45.2	500 million dollar series C1 in startup X energy quoting
0:50.2	CNBC. Amazon Web Services is investing more than $500 million in nuclear power, announcing three projects
0:56.4	from Virginia to Washington State.
0:58.5	AWS, Amazon's subsidiary in cloud computing has a massive and increasing need for clean energy as it
1:04.7	expands its services into generative AI. It's also a part of Amazon's path to net
1:09.6	zero carbon emissions. AWS announced it has signed an agreement with Dominion Energy,
1:14.6	Virginia's utility company, to explore the development of a small modular
1:18.3	nuclear reactor or SMR near Dominion's existing North Anna Nuclear Power Station. Nuclear reactors produce no carbon emissions.
1:27.0	An SMR is an advanced type of nuclear reactor with a smaller footprint that allows it to be built closer to the grid. They also have
1:34.2	faster construction times than traditional reactors allowing them to come
1:37.7	online sooner. Amazon is just the latest large tech company to buy into nuclear
1:42.0	power to fuel the growing demands from
	...

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