The Vergecast Microsoft Q4 earnings, Spotify’s subscribers rise, and Instagram walks back its changes
4 snips
Jul 29, 2022 This week, tech earnings take center stage as Microsoft reveals a $51.9 billion quarter amidst Xbox declines. Spotify celebrates a boost in subscribers but faces challenges in the podcasting realm. Instagram's reversal on recent changes shines a light on user dissatisfaction. Meanwhile, Meta grapples with revenue drops and employee tensions as it aims for a video-centric future. The discussion also highlights the evolving competition in streaming and smart home tech, along with a humorous take on Biden's impressive video conferencing setup.
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Gary from Chicago
- Mark Zuckerberg's "some of you shouldn't be here" comment at a Meta all-hands created internal friction.
- Gary from Chicago's question about vacation days during this meeting highlighted the disconnect.
Kardashian Chaos
- Kylie Jenner and Kim Kardashian's public disapproval of Instagram's shift to video underscores influencers' power.
- This incident highlights the tension between platform changes and user preferences.
Instagram User Frustration
- Instagram's push for video content and algorithmic recommendations frustrates users.
- This frustration stems from a perceived disregard for user preferences and a repetition of Facebook's content strategy.