Tech Brew Ride Home Mon. 04/17 – Is Google About To Lose Samsung?
Apr 17, 2023
Google is racing to integrate AI into its search to keep Samsung from shifting to Bing. Chaos continues at Twitter, while Meta is luring advertisers with discounts for its Reels feature. Spotify plans to remove paywalls for its podcasts to boost user engagement. Meanwhile, Apple is gearing up for major updates at WWDC, including a new headset. Plus, the hosts share a humorous tale of an unexpected brush with President Biden during their trip to Ireland.
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Google's Panic
- Samsung is considering replacing Google Search with Bing as the default search engine on its phones.
- This poses a significant threat to Google's search business, potentially costing them billions in annual revenue.
Sega's Acquisition of Rovio
- Sega acquired Rovio, the maker of Angry Birds, for $776 million.
- This acquisition is significantly lower than recent acquisitions in the mobile gaming industry, such as Zynga and Scopely.
Stablecoin Bill
- The U.S. House Financial Services Committee published a draft stablecoin bill.
- It proposes a moratorium on stablecoins backed by other cryptocurrencies and requests a study on a potential central bank digital currency (CBDC).