The Chris Voss Show - The Chris Voss Show Podcast – TikTok Issues, Twitter Jack Calls Out Zuckerberg & Other Tech News Oct 24, 2019

Episode Date: October 25, 2019

TikTok Issues, Twitter Jack Calls Out Zuckerberg & Other Tech News Oct 24, 2019

Hi folks, this is Foss here from thechrisfossshow.com. Welcome to the podcast. We certainly appreciate you guys tuning in. Be sure to go to the CBPN and subscribe to all the different podcasts we have out there. We certainly appreciate you tuning in. Oh my goshky moly, it's October 24th, 2019 on a Thursday. What the heck's going on in the world, Chris? Let's get into tech news.

There should be like a segment there, a thing that goes tech news something like that sorry for breaking your speakers there anyway guys uh what do we have up on the slate we've got a bunch of earnings announcements those are always fun especially if you own the stock in them and especially if their stock goes up as a result of those earning estimates if they go down well that's not fun chris sorry it's not i don't make the rules man if i can control this shit um i'd probably be a trillionaire somewhere anyway uh let's go to the top of the news for tech amazon has a quarter three 70 billion dollars in revenue up 24 year-over-year i'm pretty sure that's what my wife bought uh last christmas, I'm just kidding. I don't have a wife.

But if I did, she would be responsible for that 24% net. They have a net income of $2.1 billion, down from $2.9 billion in quarter three 2018. And their AWS revenue of $9 billion is up $6.7 billion. Holy crap, that's a huge jump from 2018. 1918, wow, where am I from? Probably another time place. I'm a time traveler. Who knew?

You got to love it. All right, so what else do we have? The stock is down 7% because I guess they came up short on their net income. Bad, bad Amazon, bad, bad. No more Prime for you. I don't know yeah that's really sad i mean sounds like if the stock's down seven percent then um probably probably uh what's his face the ceo dude he probably lost as much income as like probably the whole country in one day there you go the after american gotta love it of it. So anyway, uh, there's

that, uh, let's see what else is up on the news. More kind of politics, uh, techie stuff, but this is kind of interesting. I've been posting on Tik TOK, uh, if you've been familiar with it and, uh, it's basically a Chinese owned app that has, uh, really taken flight here in the u.s and around the world it's really popular with the kids man the kids yeah it's really fun dad um and uh the kids love it the kids love that tiktok oh yeah they love that tiktok so anyway i've been posting videos in there and they've been getting uh some pretty good uh likes they're slow-mo fun videos of my puppet dogs my huskies so i'm trying to become a tiktok influencer it'll never happen anyway hey you gotta have influence where you can you try and get your foothold in each one of the platforms and i don't know maybe it'll work into something i don't know so anyway tiktok has is a chinese-owned company and now they're starting to get the ire of Washington.

The Washington Post has announced today that Senate Majority Leader Chuck Schumer and Senator Tom Cotton are asking U.S. intelligence officials to determine whether TikTok poses national security risks because basically all the data your kids are uploading, all their information is getting sent back to China. It's kind of the same sort of issue they have with Huawei or Huawei or Huawei or however the hell you say that phone company's name, Huawei. Huawei, that's it. You say it, Huawei. I really don't care. It's Chinese. I don't speak Chinese. So there you go, man. That could be interesting. That could be really hard for TikTok. In fact, they downloaded a competitor today that just went through a huge new rent, uh,

funding round. So they're probably excited by TikTok getting a kick in the teeth. Uh, let me see if I can find this, um, um, Triller is what it's called. Triller.

And it's, uh, I believe it's us based, but it's a TikTok competitor. That's, uh, just got a whole buttload around of money from Silicon Valley. And I don't know,

they could certainly be standing to benefit if TikTok gets in trouble. Like, uh, wait, that's just got a whole buttload around of money from Silicon Valley. And I don't know. It could certainly be standing to benefit if TikTok gets in trouble like Huawei did. So there's that. Next up on the thing, CNBC is reporting that Twitter says some of its users will start seeing more ads after it changed its historical approach of showing fewer ads to users with higher follower counts. Damn, that's me. High follower counts. So now I's me, high follower counts. So now I'm going to see more ads. Great.

Said their third quarter earnings were marred by issues that the product that advertisers used to market mobile apps, they didn't quite come in on the quarter three estimates. Their revenue was only $837.7 million, up 9% year over year versus $874 million expected, with $145 million monetized DAUs, that's daily users, and up 17% year-over-year. Stock closed down 20%, still not happy. They said their earning shares on ad revenue had fell because of some sort of app issue, basically.

So, oopsie. There you go. They also stated, according to Engadget, that Twitter removed 50% of its abusive tweets in quarter three before users even flagged them, up from 38% in quarter one, and it credits moderation algorithms. There you go. Next up on The Verge, Michael Shroud-Grisiak.

I'm not sure if I'm pronouncing that correctly. He's one of the gaming world's most watched streamers. I'm sure anyone, all of you over 35, have no idea what I was talking about, and neither did I until I read it. But if you're familiar with Twitch being this huge gamer platform, I even have my own Twitch channel over there as well. You're welcome to subscribe. It's just under my name, Chris Voss. and we have the podcast over there different things mixer is the

kind of copycat competitor to twitch and they are owned by Microsoft so they're trying to use their whole power of integration with Windows 10 with Xbox mix it all into a nice, neat, little puffy pat of dough and turn it into bread, eh? Bread for, you know, all those folks there at Microsoft. So they recently stole, early this year, a gentleman, Tyler Ninja Belvins, who's really huge, with the kids, man, with those kids. They like watching his videos there on the twitcher he's like a megastar and they kind of carved him away from twitch and kind of got him

to come over to the big show on Microsoft mixer and ninja course said he was tired of twitches sort of overbearing rules and regulations it made it harder for him to make money on the side, et cetera, et cetera. So he left, and it was big news, and it brought a lot of people to Mixer. In fact, me, I started broadcasting on Mixer, and then they came up with a bunch of stupid rules,

and I went, I'm going back to Twitch. You guys just blew it. But they have just now sold this Shroud guy who's one of the game's most watched streamers. And they've gotten him to come over to Mixer. So interesting happening. What's going on? Are we going to see the rise of Mixer, the new huge whatever?

I mean, Twitch is owned by Amazon. So they're doing pretty good. But, man, we might see a whole mess of people bleeding over there. And maybe, you know, Twitch is to be the MySpace of streaming, and Mixer will be the Facebook of streaming. So I don't know, man. We'll see how it all shapes out. Who knows?

This is a kind of interesting story I saw on CNBC. Gene Levoff, who was in charge of enforcing apple's insider trading policy was indicted for insider trading between 2011 and 2016 he worked for the company um guess what his job was this is gonna kill you he was the senior director of corporate law and so he was aware of Apple's financial results before they went public, and he was trading on it. Way to go, Gene. Way to go. So he got busted in 2008 and fired, and now he's been indicted,

so he might go to jail for some insider trading. Does he get to keep his iPhone? That's what I was wondering. Yeah, way you go. The guy who's in charge of enforcing Apple Insider's trading policy is indicted for insider trading. It just doesn't get any more ironic than that. Unless you're watching politics on an ignorant day in the White House. What's next up?

9 to 5, Google is reporting that Verizon, AT&T, T-Mobile, and Sprint announced the cross-carrier messaging initiative to bring RCS to Android phones in 2020. And they've announced they're going to join their forces to deliver it and everything else. I still don't know what RCS messaging is. Is it where they don't charge you for me to send from Sprint to AT&T, the different things? Here, let me try and figure out what this is. Google has been pushing RCS messaging for Android phones for the last couple of years, but they've had a very slow rollout according to 9to5google.com.

They decided to leapfrog carriers and start rolling RCS independently through the Google Messages app in some regions, but not in the United States. So far, only on select devices and select carriers have we granted access to RCS messaging. The GSMA's rich communications service is an industry standard to create a single, seamless, interoperable RCS experience across carriers

in both the U.S. and globally. And so I guess they're going to do that, and I guess maybe it's better for customers, I guess. I don't know. RCS, my messaging is working fine. I'm still getting all the nudes sent to me from Snapchat. So there's that. Mom, stop. God, that was a horrible joke.

Oh, man. I was shamed as soon as i said it wow okay please edit that but or not it'll probably be funnier nine to five is also reporting apple tv app launches on amazon fire tv devices starting with the fire tv stick 4k and hd models with support for other devices and models coming soon. So I guess they're all getting along now. They're going to have the Apple TV app on the Amazon Fire TV device. Wait, isn't that going to open a Time Portal wormhole?

Like a black hole, just open up and suck both things into it. Like you overlap the Apple tv and the amazon fire tv and then you turn on netflix it's the end of everything we know it in an alternate universe or something wouldn't that be funny if there were times where we did something stupid like that and we destroyed our alternate universe like everybody on the other side is like, fuck, you ruined everything. We're just like, I don't know, I'm going to make some toast. There's that. See what you tune in to the Chris Voss Show?

This in-depth comedic knowledge. Or the lack thereof. Bloomberg's reporting that Jack Dorsey, remember him? He's the CEO of Twitter. How can you forget? He also loves cucumber frappes or shakes or something. He loves cucumber water because he's a billionaire and he wants to live forever. If you've seen the girls he's banging, good for him.

Anyway, he criticized Mark Zuckerberg. You've heard of him. He's on Facebook there as CEO. Free speech comments in his testimony to Congress the other day. He says there wasn't any talk of reach or amplification, and his Iraq war mention was not authentic. Ooh, we've got some social media wars. We've got some Twitter and Facebook and blow-by-blows going on there.

I don't know, man. You know, I did see some of Mark Zuckerberg's testimony, and AOC caught him on a few things and stumped him on a few things, and he's just like, I don't know what the right answer is, where I wouldn't be lying to you, but it would look like I wasn't. I'm not sure. I'm stuck here. can we go to the next question it's kind of like look you look like a deer-headed that's a lot of times like and like

aoc would just be like okay you can't answer that one i get it yeah we see what's going on here all right let's move to the next question she's great she's good at answering questions. She's kind of like every ex-girlfriend I've ever had. Where were you last night? I don't think I have the answers with me right now. I'm going to have to consult with my attorneys and find out. You were out on a date with another girl. Most times when I go out, I go to a bar. But where were you last night?

Well, we try not to go out with other girls when we're dating you, but, um, that's kind of our policy. Well, where were you? You know, you get it. So Jack Dorsey shames Mark Zuckerberg. I wonder if it'll go back. I'm just waiting for tomorrow's nude. We're news. I ended up waiting for tomorrow's nude too, as well. I'm just waiting for tomorrow's nude we're news I had a waiting for tomorrow's nude too as well I'm waiting for that on the snapchat mommy it's so bad man Chris come on man do you really have to go there to pull the joke yeah when you're a comedian man you you reach for it and sometimes you pull the joke out of the hat and then you regret it later. You're just like, I shouldn't have done that. But you just want to be funny. This is the pain that we go through to entertain you people,

assuming you're entertained. Anyway, let's move on. TechCrunch, fair.com, a flexible car ownership marketplace that's valued at $1.2 billion, raised $500 million from SoftBank and others, says it's laying off 40% of its staff. Sounds like WeWork. Wait, hold on.

They raised $500 million, they laid off 40% of its staff? Okay. Didn't you need that money to pay those people? Caffeine from CNN.com, which aims to compete with Twitch. What? There's another one?

Signs rapper Offset to live stream video games after having raised $140 million from 21st Century Fox and others. Oh, my God. I got to sign up to another streaming service to stream gaming? Shoot me in the face. I don't know. Maybe I'll have a chance. I wonder who owns Caffeine. That's going to be kind of interesting. I don't know. Maybe I'll have a chance. I wonder who owns caffeine.

That's going to be kind of interesting. I want to do some digging on that. Do some digging on that, Chris. According to Games Industry Biz, Google opens its first gaming studio in Montreal. That of Sadia Jade Raymond discusses strategy, including building several first-party studios.

That's kind of interesting. Google's going to invest in studios too, too and they're gonna build games kind of like you know Xbox does where they have their own kind of games that they own like halo and I think Forza and a few other things where they you know they won't let them be on ps4 and they're just like these are our console games you can't play them so Google's got plenty of money to build into this i'm already kind of interested i've been kind of waiting until i think it's in november the stadia gets launched and i'm gonna buy one but i'm kind of just waiting until then because

i'm kind of concerned about getting the first units and then they're mucked up and google's like oh shit we launched this thing or i. Give us like six months to fix it. I'm kind of waiting just to make sure the thing launches right. Because they want you to pay for like a year now. They want you to buy the things ahead of time. And I'm just kind of like, no, I'm going to hold on to my money. Why don't you impress me some more? Dance, bitch, dance.

What else do we have? According to Xbox Wire, Project xCloud's launch, Microsoft will add more mobile gaming gear like new software or smartphone, holding clip for Xbox controllers and its designed Xbox program. Everything's going to the cloud, man. Even Microsoft looks like they're going to start going to the cloud. If you're familiar with the Stadia Google gaming platform, it's going to be basically cloud-based. I mean, you're going to have a little dongle that looks like a little uh Chromecast dongle you put in your TV and um yeah and that's that's basically your console you don't have a big giant box anymore and everything

is in the cloud and I believe you're supposed to have cross savings on games that have cross saves like Fortnite and Destiny now has cross save too and i believe stadia is going to be a part of that from what i'm seeing and hearing up according to vox sources say facebook will pay some news partners up to three million dollars a year for appearing in its news tab uh coming friday to a couple hundred thousand us users that should be interesting the news tab they're actually gonna wait they're actually gonna pay the news people to deliver them the news to put in the news tab. I think there was a story on this earlier where they wanted to charge people, and people were really pissed off and said,

why don't you shove that up your sucker hole? Your sucker hole. There you go. According to The Verge, Square says it's rolling out free fractional share trading to users of its Cash App. It allows them to buy fractions of shares for as little as a dollar. Now you can buy Apple stock for as little as a dollar, which means you'll own., 0, 1 of a share. Good for you. You're investing.

You're a big boy now. Oh, man. WeeBank, this thing is brutal, man. SoftBank must have a lot of goddamn money to burn. Sources are saying that SoftBank is now planning to take a write-down of at least $5 billion to reflect the plunge in the value of its biggest holdings, including WeWork and Uber. If you're not familiar with Uber, they just bought off their CEO of their losing,

almost bankrupt company, $1.7 billion they had to buy them off with. Now they're buying out all the investors that have lost money all through the way that make it not worth it. And basically SoftBank is, you know, offering people a fire sale like, hey, we'll give you 10 cents to the dollar. That or bankruptcy or something. Maybe they didn't say that, but, you know, you know, it's going down. So so basically, I guess their thing is they're just going to suck it up, buy buy it up protect their big investment and hope the thing makes money in the next 5 000 years so good luck with that oh man what is it what are you gonna do man what are you gonna do so anyway those are the news today some of the things stuck out

at me some of the things i thought really cool some of the things that stuck out at me, some of the things that are really cool, some of the things that may shape your technology world in the future and all that good stuff. Um, you gotta love it. And, that's the story and I'm sticking to it. Uh, we'll do our,

uh, product hunt. And guess what? We were featured on product hunt. If you miss that episode, go back two or three episodes, you'll see we were featured on product hunt. We're on the list of launches.

We launched the CVPN or the Chris Voss Podcast Network.com, Chris Voss Podcast Network.com, which is a listing of all seven of our podcasts. We're thinking about starting an additional one for pot, pot investing specifically, more towards pot business sense. We're not going to be all sitting around like Chi-Chi Chong going, Hey, dude, Dave. Dave's not here.

Probably going to get sued over that one now. I'm going to get a letter from Cheech and Chong. Hey, man. Dave. Dave's not here. Who's at the door, man? It's Dave, man. Hey, man.

Hopefully that takes you back to your childhood. Thanks for being here. Give us a like. Subscribe to us. Give us a great takes you back to your childhood. Thanks for being here. Give us a like, subscribe to us. Give us a great review on the iTunes and stuff. Tell everybody how much you love the show. We certainly appreciate it. If you can go to product on and give us a plug on an upvote.

It's still up and it'll still be up forever. So it's a nice thing. Hopefully it brought a lot of new listeners to the show and we'll keep bringing you great stuff. Hey, CS is coming up. So be sure to watch for that. Hey, thanks for tuning in, guys. We'll see you next time.