Tue. 09/22 – Quibi Is “Exploring Options”
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 22 September 2020
⏱️ 18 minutes
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| 0:00.0 | Welcome to the Tech Meme Right Home for Tuesday, September 22nd, 2020. |
| 0:07.3 | I'm Brian McCullough today. |
| 0:08.8 | Quibi is exploring its options, as they say. |
| 0:12.2 | The Google Antitrust suit could come as early as next week. |
| 0:15.5 | Why do you have to return the entire Apple watch if your wristband doesn't fit? |
| 0:20.0 | The CIA has a new plan to compete with Silicon Valley for talent, the SEC and OCC sign off on |
| 0:25.9 | stable coins, and the strategy behind Microsoft's big play for Bethesda. |
| 0:30.8 | Here's what you miss today in the world of tech. |
| 0:33.0 | Gotta lead with this, don't I? |
| 0:39.0 | Sources are telling the Wall Street Journal that Quibi is exploring several strategic options |
| 0:44.0 | including a possible sale, raising another round of funding, or going public through |
| 0:49.7 | a merger with a SPAC. Quote, Quibi is working with advisors to review its options. |
| 0:55.6 | The review process is a sign of strain. |
| 0:58.2 | Quibi has struggled to meet its subscriber targets |
| 1:00.4 | after making its debut in the throes of the coronavirus crisis. |
| 1:04.4 | The company is on pace to miss its initial paid subscriber target by a large margin, according |
| 1:10.0 | to a person familiar with the matter. |
| 1:12.1 | Quibi is also facing a patent lawsuit backed by a |
| 1:15.2 | deep pocketed foe and has disappointed advertisers with its lower than expected |
| 1:19.4 | viewership, end quote. Yeah, did we talk about this? I don't remember. Quibi is being sued by interactive video company |
| 1:26.6 | Echo, which says that that turnstile technology of Quibbies where depending on how you hold |
| 1:32.2 | the phone switching from landscape to |
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