Tech Brew Ride Home Fri. 11/13 – The DoorDash S-1 Is Surprisingly Good
Nov 13, 2020
DoorDash impressively files its S-1, revealing strong financials ahead of its IPO. Meanwhile, the U.S. backs down on its regulatory stance towards TikTok, reflecting ongoing tensions in the tech world. Disney Plus continues to soar with over 73 million subscribers, outpacing competitors. The macOS Big Sur rollout faces user issues, causing performance hiccups. Additionally, we dive into the implications of China's crackdown on tech giants and growing AI capabilities, shedding light on the evolving landscape of innovation and corporate dynamics.
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Xi Jinping Halts Ant Group's IPO
- Chinese President Xi Jinping personally halted Ant Group's IPO, reportedly angered by Jack Ma's criticism of regulators.
- This highlights the tension between China's government and its successful private businesses.
Delay Big Sur Update
- Avoid immediately downloading macOS Big Sur due to reported bugs and system slowdowns.
- Issues with Apple's OCSP service and certificate validation are causing widespread problems.
Disney Plus Exceeds Expectations
- Disney Plus has exceeded subscriber expectations, reaching 73 million, driven by growth in India.
- This reinforces Disney's success in streaming, contrasting with Netflix's slowing growth.
