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Tech Brew Ride Home

Tue. 05/12 - Quibbling With Quibi

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 12 May 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

Is Uber about to gobble Grubhub? Twitter does something Facebook and YouTube did a long time ago. Details on Apple’s forthcoming over the ears headphones. New releases for developers and music producers. And look, let’s have a conversation about Quibi. Sponsors: TinyCapital.com Rhone.com/ridehome promo code: ridehome Links: Twitter launches labels, warnings on misleading COVID-19 information (Reuters) Exclusive: AirPods Studio to feature head and neck detection, custom equalizer settings, more (9to5Mac) Apple releases 'major' update to Logic Pro X (AppleInsider) Microsoft's VS Code 1.45 is out: GitHub integration plus JavaScript debugger update (ZDNet) Jeffrey Katzenberg Blames Pandemic for Quibi’s Rough Start (NYTimes) 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 12th, 2020.

0:07.0

I'm Brian McCullough. Today is Uber about to gobble Grubhub.

0:11.0

Twitter does something Facebook and YouTube did a long time ago. Details on

0:15.0

Apple's forthcoming Over the Ears, headphones, new releases for developers and

0:19.2

music producers, and look, it's time to have a conversation Quibby. Here's what you missed today in the world of tech.

0:26.0

At the time of this writing, shares and food delivery company Grub Hub are soaring more than 24% on rumors that

0:38.9

Uber has made an offer to acquire that company with an agreement possible as soon as this month.

0:44.6

I literally have nothing else to share at this moment because the news is just breaking,

0:49.8

but the rumors are being reported by Bloomberg News. Grub Hub was currently valued around $4.5 billion, so this would not be a cheap acquisition for Uber if indeed it happens.

1:02.0

And all I'll say is this.

1:03.7

This is something that has been widely anticipated

1:06.4

for a while now because it's so obvious.

1:09.2

Consolidation in the on-demand delivery space

1:11.4

is something that has needed to happen for a

1:13.7

while now and seamless is the obvious candidate for a takeover because it's not as

1:17.8

big as some of the other larger players but it still has huge market share.

1:23.0

Here's a conversation that just took place on Twitter between

1:26.0

Jason Del Rey and Dan Primac.

1:29.0

Jason said, quote,

1:31.0

an Uber deal has been a matter of who and win, not if.

1:35.0

By Grubhub and you get a big profitable player, but still have to deal with wild spender in DoorDash.

1:41.8

By DoorDash, and you get to take out an aggressive

...

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