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Tech Brew Ride Home

Thu. 10/26 – A Complete AirPods Revamp

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, Technology, News

4.71K Ratings

🗓️ 26 October 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

Meta earnings from yesterday. Apple seems to be planning a complete revamp of the AirPods lineup. Spotify plans major changes to how it does royalties. X rolls out video and audio calls. And a look at how those new gesture controls work on the Apple Watch. Sponsors: Masterworks.art/techmeme Miro.com/podcast Links: Zuckerberg says Threads has almost 100 million monthly users (The Verge) Apple Plans AirPods Overhaul With New Low- and High-End Models, USB-C Headphones (Bloomberg) Apple TV+, Apple Arcade, and Apple News+ Receiving Price Increases (MacRumors) SPOTIFY IS CHANGING ITS ROYALTY MODEL TO CRUSH STREAMING FRAUD AND INTRODUCE A MINIMUM PAYMENT THRESHOLD. ITS PLAN? TO SHIFT $1 BILLION IN PAYOUTS TOWARDS ‘WORKING ARTISTS’ OVER THE NEXT 5 YEARS. (MusicBusinessWorldwide) X is officially rolling out audio and video calls (The Verge) The Apple Watch’s double tap gesture points at a new way to use wearables (The Verge) 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 Thursday, October 26,

0:07.1

2023. I'm Brian McCullough today. Meta- Earnings from yesterday.

0:11.8

Apple seems to be planning a complete revamp of the AirPods lineup.

0:15.6

Spotify plans major changes to how it does royalties, X rolls out video and audio

0:21.2

calls, and a look at how these new gesture controls work on the

0:25.0

Apple Watch. Here's what you missed today in the world of Tech.

0:30.4

Yesterday afternoon, Meta reported Q3 revenue was up 23% year over year to 34.15 billion

0:39.1

dollars. Net income was up 164% year over year to 11.58 billion dollars and the

0:45.6

family of apps daily active people metric was up seven percent to three point

0:51.1

one four billion people at least for September of 2023.

0:55.0

Investors seem to be a bit mixed about this.

0:58.0

Meta's shares were trading ever so slightly down in pre-market trading this morning.

1:02.0

Maybe because this little detail has to be mentioned,

1:05.2

Meta's reality labs, where all of the VR and Metiverse work lives,

1:09.1

reported Q3 revenue down 26% to $210 million versus almost $300 million which was estimated and operating losses

1:18.6

were up 2% to 3.74 billion dollars versus a 3.9 billion dollar estimate.

1:24.3

So even if Zuck doesn't shout about the Meta

1:27.3

all the time anymore, Meta is still investing heavily there.

1:31.5

One more little nugget. On the conference call, Mark Zuckerberg said that

1:34.6

Threads has hit, quote, just under a hundred million monthly users since

1:39.8

Instagram released the app in early July, quoting the

1:42.9

Verge. I've thought for a long time there should be a

...

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