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Tech Brew Ride Home

Tue. 05/03 – No More Podcasting On Facebook

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 3 May 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

What do you know? Facebook got bored of something and left the market in a bit of a mess. The SEC seems to be staffing up to get serious about crypto. Apple accuses a rival of stealing trade secrets. And it seems like Meta wants to start getting those Metaverse enabling headsets in our hands sooner rather than later. Sponsors: Smith.ai promocode techmeme for $100 off signup CreditKarma.com Links: Facebook Pulls the Plug on Podcast Business After a Year (Bloomberg) SEC to Hire More Crypto Cops to Fight Digital Frauds (WSJ) PayPal Helped Spur EU Antitrust Complaint Against Apple Payments (Bloomberg) UK ministers ditch plans to empower tech regulator (FT) Apple accuses engineers of stealing chip secrets with AirDrop and Time Machine (9to5Mac) Meta Plots Ambitious VR Release Schedule of Four Headsets by 2024 (The Information) Rocket Lab captures booster in mid-air with a helicopter for the first time (Engadget) 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 Tuesday, May 3rd, 2022. I'm Brian McCullough.

0:08.4

Today, what do you know? Facebook got bored of something and left the market in a bit of a mess.

0:14.0

The SEC seems to be staffing up to get serious about crypto.

0:18.0

Apple accuses arrival of stealing trade secrets,

0:21.0

and it seems like Meta wants to start getting those Metaverse

0:23.8

enabling headsets into our hands sooner rather than later. Here's what you miss

0:28.0

today in the world of Tech. Almost exactly a year ago I titled an episode, I guess you should listen to this

0:36.8

episode on Facebook now, although I guess not. Facebook apparently plans to

0:41.6

stop letting users add podcasts to its

0:44.0

podcasting service this week and will begin removing all

0:47.8

podcasts from its platform on June 3rd and will discontinue SoundBes and its central audio hub, which, if you'll recall, about a year

0:57.0

ago Mark Zuckerberg was all hot on, quoting Bloomberg.

1:01.0

Facebook announced various audio efforts last April during a hot market for

1:04.4

podcasting and audio in general but the company's interest has waned

1:07.8

Bloomberg News reported last month and it's now focused on other initiatives

1:11.2

disappointing some providers.

1:13.4

We're constantly evaluating the features we offer so we can focus on the most meaningful experiences,

1:17.8

a meta-spokesperson said in an email.

1:20.1

The person added that they didn't have a specific date on when SoundBites and the audio hub would shut down,

1:25.3

but it will be in quote the coming weeks. In the note to partners, Facebook said it doesn't plan to alert users

1:31.2

to the fact that podcast will no longer be available,

1:33.7

leaving it up to the publishers to decide how they want to disclose that information.

...

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