Tech Brew Ride Home Wed. 12/04 - Larry and Sergey Into The Sunset
Dec 4, 2019
Larry and Sergey take a nostalgic ride off into the sunset as Google transitions to new leadership. The streaming landscape heats up with Plex launching a free service to rival the competition. YouTube reports decreased viewing of conspiracy videos, reflecting a shift in user habits. Meanwhile, Instagram introduces age verification aimed at protecting younger users. Reddit's impressive growth continues, with a surge in active users and viral communities capturing the spotlight.
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Google Founders Step Down
- Larry Page and Sergey Brin stepped down from their daily roles at Google/Alphabet, appointing Sundar Pichai as CEO of both.
- This move, while surprising, was also expected given their reduced involvement in recent years.
Founders Retain Control
- The Google founders, despite stepping down, retain significant control through their super-voting stock and board positions.
- They can still influence company direction and make executive decisions.
Plex Enters Streaming Wars
- Plex launched a free, ad-supported streaming service with a wide selection of movies and TV shows.
- This service rivals platforms like the Roku Channel, offering a substantial catalog of quality content.