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Tech Brew Ride Home

Tue. 09/22 – Quibi Is “Exploring Options”

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 22 September 2020

⏱️ 18 minutes

🧾️ Download transcript

Summary

Quibi is exploring its options, as they say. The Google Antitrust suit could come next week. Why do you have to return the entire Apple Watch if your wristband doesn’t fit? The CIA has a new plan to compete with Silicon Valley for talent. The SEC and OCC sign off on stablecoins. And the strategy behind Microsoft’s big play for Bethesda. Sponsors: Amazon.com/techmeme PayPal App Links: Quibi Explores Strategic Options Including Possible Sale (WSJ) Justice Department expected to brief state attorneys general this week on imminent Google antitrust lawsuit (Washington Post) PSA: New Apple Watch Owners Have to Return Entire Device for Ill-Fitting Solo Loop or Braided Solo Loop (MacRumors) A $50 Phone is Ambani's Weapon to Dominate India Telecom Market (Bloomberg) SEC, OCC Issue First Regulatory Clarifications for Stablecoins (CoinDesk) CIA’s new tech recruiting pitch: More patents, more profits (MIT Technology Review) You can now stream your Xbox One games to your Android phone for free (The Verge) Microsoft to Buy Bethesda for $7.5 Billion to Boost Xbox (Bloomberg) Microsoft to acquire Elder Scrolls, Fallout, other hit games in $7.5B deal for Bethesda Softworks parent (GeekWire) Watch a demo of Royole’s new folding phone, on sale today for roughly $1,500 (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 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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