Tue. 11/20 - Worse Shape: Tech Stocks or Crypto?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 20 November 2018

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Storm clouds everywhere! Tech stocks in bear market territory, crypto in full-on meltdown territory… but video games might help solve science’s gender problem and this one spacebar trick might make your iPhone insanely more useful. Oh, and the weekend Longreads suggestions. Links: It's Official: Once Mighty FAANG Stocks Have All Entered a Bear Market (Fortune) Silicon Valley wages have dropped for all except highest-paying jobs: report (The Mercury News) Bitcoin drops 12% to below $5,000 (CNBC) Tumblr was removed from Apple’s App Store over child pornography issues (The Verge) Video games could be a short-term answer to science’s gender problem (The Conversation) “The space bar trick” is the most amazing feature in iOS 12, and the internet just realized it (Fast Company) The Betterment Weekend Longreads: How The Wall Street Journal is preparing its journalists to detect deepfakes (NiemanLab) Self-driving trucks in US offer window into where machines may replace humans (Christian Science Monitor) When Elon Musk Tunnels Under Your Home (The Atlantic) The Case Against Quantum Computing (IEEE Spectrum) HOW GOOGLE AND AMAZON GOT AWAY WITH NOT BEING REGULATED (Wired) How to Use an iPod Touch as a Secure Device Instead of a Phone (Motherboard) Scientists say goodbye to physical definition of the kilogram (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 Ride Home for Tuesday, November 20th, 2018.
0:08.8	I'm Brian McCullough.
0:10.3	Today, storm clouds are everywhere.
0:13.0	Tech stocks are in bare market territory.
0:16.0	Crypto is in full-on meltdown territory.
0:20.0	But video games might help solve science's gender problem and this one space bar trick might make your iPhone insanely more useful.
0:29.0	Oh, and the weekend long read suggestions of course, here's what you missed today in the world of
0:34.6	tech.
0:38.6	Yesterday we spoke about the storm Clouds seemingly gathering around Apple's iPhone
0:44.0	unit sales numbers, but it's worth noting that when it comes to the stock market, there are Storm
0:48.3	Clouds seemingly everywhere in tech generally. Now before we get into this I do want to note that I am not a
0:55.6	stock market guy I'm not prognosticating anything. This podcast is not
1:00.5	investment advice but this is the industry we discuss every day and one
1:06.0	feature of the current bull market has been how much it has been led even some say
1:11.4	dominated by tech.
1:14.6	So it's worth noting that at the time of this recording, all of the Fang stocks, which
1:19.8	represent Facebook, Amazon, Apple, Google, and Netflix.
1:23.1	All of them have declined 20% or more in value
1:26.7	in recent months from their recent highs,
1:29.3	pushing all of them into bare market territory and wiping out a collective one trillion dollars in market value.
1:37.0	Quoting Fortune magazine,
1:40.0	Alphabet's stock closed Monday at $1,120 a share, marking a 20% decline from its record high of $1,273
	...

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