Tech Brew Ride Home Fri. 07/29 – Instagram Listens To The Kardashians
Jul 29, 2022
Apple's latest earnings report hits record highs despite a profit decline. Instagram backtracks on changes after influencer pushback, particularly from the Kardashians. Meanwhile, Congress approves significant funding for U.S. semiconductor production, aimed at boosting domestic manufacturing. The conversation also dives into the rise of buy-now-pay-later services amidst shifting consumer behaviors and the FTC's antitrust case against Meta that could transform digital competition. Finally, nostalgic gaming is highlighted as a unique spark for creativity.
AI Snips
Chapters
Transcript
Episode notes
Apple's Resilient Performance
- Apple reported record Q3 revenue despite a weakening global market.
- They achieved this through strong iPhone sales and growth in services revenue.
Instagram Backtracks
- Instagram faced backlash for changes that prioritized video content and recommendations.
- Kylie Jenner and Kim Kardashian's criticism amplified user frustration, leading to a partial rollback.
Chips Act
- The Chips and Science Act will boost domestic chip production.
- This aims to reduce reliance on overseas manufacturing and create US jobs.