Tech Brew Ride Home Fri. 05/15 – Facebook Buys GIPHY
May 15, 2020
The podcast dives into Facebook's bold $400 million deal for Giphy and Apple’s acquisition of a VR startup. Tensions run high as the U.S. takes tougher measures against Huawei, raising questions about Silicon Valley's viability. Rumors swirl around Apple’s augmented reality glasses and a potential major deal from Uber's CEO. Meanwhile, the changing landscape of remote work offers new possibilities, and the impact of the pandemic on AI models sparks intriguing discussions.
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Episode notes
Huawei Ban Impact
- The U.S. banning Huawei from U.S. technology impacts chip production.
- This ban affects Huawei and companies like Taiwan Semiconductor Manufacturing, Apple, and Qualcomm.
Facebook Acquires Giphy
- Facebook acquired Giphy for $400 million, less than Giphy's $600 million valuation.
- Giphy, retaining its branding, will integrate primarily with Instagram.
Apple Acquires NextVR
- Apple acquired NextVR, likely for around $100 million, to boost VR/AR development.
- NextVR's content deals and live-streaming expertise will be valuable.