Tech Brew Ride Home Fri. 10/28 – It Actually Happened
Oct 28, 2022
Elon Musk's acquisition of Twitter sparks discussions on leadership changes and content reintegration. Amazon's earnings take a hit while Apple shows modest growth. YouTube steps up its game with new tabs for content categorization. The mobile gaming industry faces rising costs and storage challenges that could impact smaller developers. Also, a comedian binge-watches Game of Thrones, and a new educational platform aims to combat misinformation. Plus, weekend reading suggestions range from online fame to the evolving landscape of digital communication.
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Musk Takes Over Twitter
- Elon Musk finalized his acquisition of Twitter and immediately fired several top executives.
- These executives received large exit payments, with Agrawal receiving around $50 million.
Amazon's Slowing Growth
- Amazon reported increased Q3 revenue but decreased net income and offered weak Q4 guidance.
- Their advertising business is growing, but AWS growth is slowing, and the holiday quarter looks concerning.
Apple's Strong Quarter
- Apple reported record Q4 revenue and slight net income growth, outperforming other tech companies this quarter.
- Mac revenue hit a record high, potentially due to the return of user-friendly features like better keyboards.