Get the full experience! Sign up to access transcripts, personalized summaries, and more features.
An upgraded Nintendo Switch is maybe days away from being announced. Twitter Spaces can now happen on the desktop. The behind the scenes details of the MGM buy. Snowflake has left Silicon Valley for… checks notes… Montana. And Clubhouse makes a high profile hire that shows they’re still full steam ahead.
Sponsors:
Links:
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Recent sources suggest that Nintendo is on the verge of announcing an upgraded Switch console just ahead of the E3 conference set for June 12th, 2021. The new console is speculated to launch in late 2021, around September or October, and may see a price increase above the current $299 due to global supply chain issues. Despite challenges, suppliers are optimistic about meeting Nintendo's orders, although the ongoing semiconductor shortages may still impede timely production.
Twitter has rolled out the feature for users to join Spaces via desktop browsers, marking a step forward in competing with other social audio platforms like Clubhouse. However, hosting capabilities on the web are not yet available. This move is part of Twitter's efforts to increase user engagement on its platform, amidst discussions surrounding social media trends and streaming services in recent Twitter Spaces.
The New York Times reported that Amazon has acquired MGM for approximately $8.45 billion, a strategic move to enhance its Prime Video offerings amidst decreasing willingness from traditional studios to license their libraries. With MGM's catalogue containing significant titles, Amazon aims to reinvent and redevelop this content for modern audiences, highlighting the importance of such acquisitions in the competitive streaming landscape.
Facebook is expanding its efforts to combat misinformation by reducing the distribution of posts from personal accounts that repeatedly share false information. This initiative aims to make it harder for misleading content to be seen and to inform users about the reliability of pages they interact with.
PayPal is enhancing its crypto capabilities by allowing users to transfer Bitcoin to external wallets, thereby addressing earlier criticisms about the platform's limitations in the cryptocurrency space. This move signals a growing acceptance of cryptocurrency in mainstream financial services.
Snowflake, the cloud data platform company, has announced its move to designate Bozeman, Montana as its 'principal executive office' due to its distributed workforce model. This decision reflects broader trends in the tech industry towards decentralized operations, although Snowflake continues to maintain a sizable presence in Silicon Valley.
Clubhouse, the social audio platform, has made a significant hire, bringing in Justin Uberti, a key figure behind many Google communications technologies, as its new head of streaming technology. This move underscores Clubhouse's commitment to enhancing user experience and improving its audio infrastructure.
As Jeff Bezos prepares to step down, Andy Jassy, currently CEO of Amazon Web Services, will officially take over as CEO on July 5, 2021. This transition marks 27 years since Amazon was founded, with Bezos remaining engaged through several other initiatives.
Join other podcast enthusiasts who are getting podcast summaries.
Sign Up Free