Snaps growth did miss expectations, so that was critical day. Snap has tried to be like a good actor in the social media universe. It is sort of said, we don't want to sell a bunch of user data. Buti pretty sure might my book club and providence is bigger than twitter. I feel for them, you know, they're trying to do something different. They're still working on hardware. And frankly, i wish em the best,. because they haven't ended up being component to a larger platform company, and that's coor it is super ool.
We have a big news show with a very special guest!
TechCrunch's Alex Wilhelm fills in for Jason to break down the news with Molly.
They cover Netflix cracking down on password sharing (2:12), Snap's rough Q2 earnings (6:45), Coinbase's alleged insider trading (21:28), the 3AC Bloomberg interview (36:37), and more!
(0:00) Molly tees up today's news with Alex Wilhelm, who is filling in for Jason!
(2:12) Molly and Alex share thoughts on Netflix cutting password sharing in some Central/South American countries
(6:45) $SNAP Q2 earnings: stock drops ~40% on slowing revenue growth and growing losses
(11:15) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(12:27) Jason's almost-Jay Trade, $SNAP's debt situation, most interesting implications from the week ahead of big tech earnings
(20:12) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist
(21:28) $COIN's alleged insider trading, Jay Carney getting hired by Airbnb away from Amazon
(35:23) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist
(36:37) Reacting to the 3AC founders' interview with Bloomberg, crypto contagion due to intermingling
(45:09) Man who lost ~8000+ Bitcoin in a landfill is trying to raise capital to uncover the hard drive