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Tech Brew Ride Home

Thu. 10/31 – Spooky… I Mean, Earnings Season

Tech Brew Ride Home

Amalgamated Internets, LLC

News, Tech News, Technology

4.71K Ratings

🗓️ 31 October 2024

⏱️ 19 minutes

🧾️ Download transcript

Summary

We’ve got that day where all the tech earnings have come at once, but this time I’m gonna mention Uber too cause did you know they’re making bank these days? China says that two can play the sanctioning technology game. A niche little app from Nintendo. And a review of the Starlink Mini, which seems incredibly compelling for a specific type of user. Links: Meta AI has more than 500 million users (Engadget) Meta’s Next Llama AI Models Are Training on a GPU Cluster ‘Bigger Than Anything’ Else (Wired) Microsoft says AI is on pace to be a $10 billion-a-year business (Axios) Uber shares slide on slowing bookings growth (Financial Times) Chinese sanctions hit US drone maker supplying Ukraine (Financial Times) Nintendo made a music streaming app for Switch Online subscribers (The Verge) Starlink Mini review: space internet goes ultraportable (The Verge) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Mem Right Home for Halloween 2024. I'm Brian McCullough.

0:08.2

Today we've got the day where all the tech earnings come at once, but this time I'm

0:12.2

going to mention

0:12.8

Uber too because did you know they're making bank these days? China says that

0:16.8

two can play the sanctioning technology game, a niche little app from Nintendo and a

0:21.5

review of the Starlink mini which seems

0:23.1

incredibly compelling for a specific type of user. Here's what you miss today in the

0:27.1

world of tech.

0:38.8

It is the meat of tech earning season, so let's get through this meta Q3 revenue up 19% year on year net income up 35% year on year on year, net income up 35% year on year, and family daily active people up 5% year on year to 3.29 billion on average for September

0:52.1

2024. Mark Zuckerberg says,

0:55.0

threads has almost 275 million monthly active users

0:59.0

and is adding more than a million sign-ups per day

1:02.0

while Meta-AI has passed 500 million monthly

1:06.0

active users in less than a year.

1:08.1

Quoting in gadget.

1:09.4

Last month at Meta Connect, Mark Zuckerberg said that Meta AI was on track to become the most used

1:14.3

generative AI assistant in the world.

1:16.6

The company has now passed a significant milestone toward that goal with Meta AI passing

1:20.8

the 500 million user Mark, Zuckerberg revealed during the

1:23.9

company's latest earnings call. The half billion user mark comes just barely a

1:28.4

year after the social network first launched its AI assistant last fall.

1:32.3

Zuckerberg said the company still expects to become first launched its AI assistant last fall.

...

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