Tech Brew Ride Home Thu. 10/22 – Quibi QUIckly BItes The Dust
Oct 22, 2020
Quibi has officially flopped, and a deep dive into its rapid decline sheds light on the shifting media landscape. Jony Ive's new partnership with Airbnb hints at exciting design prospects ahead. Meanwhile, the Huawei Mate 40 Pro impresses with amazing tech but faces obstacles in Western markets. Snap is setting its sights on India for growth, while Tesla's controversial self-driving beta raises questions about safety and readiness. Plus, the Bahamas makes history with the launch of its national cryptocurrency!
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Quibi's Quick Demise
- Quibi's shutdown, despite significant funding and effort, suggests that its core idea or timing wasn't viable.
- It's possible a similar concept may succeed in the future under different circumstances.
Quibi's Business Model
- Quibi's failure wasn't entirely negative; it explored a traditional media business model, paying creators for content.
- This model contrasts with platforms like YouTube, which rely on free user-generated content and advertising.
Jony Ive and Airbnb
- Jony Ive, after leaving Apple, will be working with Airbnb as a design consultant.
- Ive has praised Airbnb in the past, calling it a 'remarkable startup'.