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Tech Brew Ride Home

Wed. 10/27 – Is Robinhood The Company Doge Made?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 27 October 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

Microsoft and Google continued to report earnings that boggle the mind. Meanwhile, Robinhood discovered that if you live by crypto trading revenues, you can be wounded by them too. Will the Facebook Files force some sort of FTC action? AWS goes after Google’s tensor processing units. And do you think I could produce this show on MS-DOS? Probably not, but Dune was written on it. Sponsors: Masterworks.io/ride Tovala.com/ride Links: Microsoft beats revenue expectations, reporting 22% growth (CNBC) Robinhood shares tank as revenue falls way short of expectations on lighter crypto trading (CNBC) FCC kicks China Telecom Americas out of US, cites Chinese government control (ArsTechnica) Federal Trade Commission Scrutinizing Facebook Disclosures (WSJ) Amazon launches AWS instances powered by Habana’s AI accelerator chip (VentureBeat) Biden appoints Jessica Rosenworcel to lead the FCC (The Verge) The ‘Dune’ Screenplay Was Written in MS-DOS (Motherboard/Vice) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Mem Right Home for Wednesday, October 27th, 2021.

0:07.8

I'm Brian McCullough today.

0:09.4

Microsoft and Google continue to report earnings that boggle the mind.

0:13.0

Meanwhile, Robin Hood discovered that if you live by crypto trading revenues, you can be wounded by them too.

0:18.0

Will the Facebook files force some sort of FTC action?

0:22.0

AWS goes after Google's Tensor Processing units,

0:25.0

and do you think I could produce this show on MS-Doss?

0:28.0

Probably not.

0:29.0

But Dune was written on it.

0:31.0

Here's what you missed today in the world of Tech. I want to

0:36.7

lead off with a quick earnings roundup today not because there have been any sort of

0:40.8

narrative violations like we talked about earlier in the week but

0:43.5

because I think we can touch based on a couple things real quickly.

0:47.1

Microsoft earnings first, of course, they killed it again, beat revenue expectations reporting 22% year over year growth, their

0:56.6

fastest growth since 2019. You know when we talk about how amazing it is that companies this big or even in Microsoft's case this old

1:04.9

can still be growing that they've not run into that law of large numbers wall that

1:10.7

a lot of people expect eventually well get this Joe Weisenthau tipped me off to the fact

1:15.2

that Microsoft has had 17 straight quarters now of double digit revenue growth.

1:21.7

This is a 46 year old company, y'all. This is a company so big that it's now

1:26.3

closing in on Apple's market cap crown as the biggest company of all time, and frankly that's

1:31.8

just insane. That's mostly due to their cloud stuff of

1:35.2

course though Azure revenue growth was sort of flat this quarter but also note

...

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