Tech Brew Ride Home Tue. 06/30 – Amazon Prime Video Launches Watch Party
Jun 30, 2020
Lululemon plans to acquire the home fitness startup Mirror for $500 million, while Uber eyes Postmates with a potential $2.6 billion deal. Amazon Prime Video's new Watch Party feature lets friends watch together virtually with emoji chats. Android introduces Nearby Share as a competitor to AirDrop. The podcast dives into how cloud gaming is driving a race for better data centers, emphasizing the importance of low latency for gamers and the competitive landscape of tech giants shaping the gaming future.
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Lululemon Acquires Mirror
- Lululemon is acquiring Mirror, a home fitness startup, for $500 million.
- Mirror displays fitness routines on a mirror, allowing users to follow along.
Uber and Postmates Merger
- Uber is in talks to acquire Postmates for $2.6 billion.
- This move could strengthen Uber Eats, but raises regulatory concerns due to market consolidation.
Food Delivery Consolidation
- The food delivery market needs consolidation to avoid bankruptcies.
- However, regulators are wary of large platforms increasing their power through acquisitions.