Meta Investing Billions in Eyewear? & Netflix Keeps Adding Subscribers
Jul 19, 2024
30:11
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Meta's interest in smart eyewear, Netflix's subscriber growth, EA Sports College Football 25 revival, Elon Musk moving SpaceX, improving student performance in NYC schools, chaos from IT outage, Meta AI sponsorship, Mark Zuckerberg's eyewear investment, Meta and Ray-Ban stylish glasses, Netflix's growth strategies, MagMind for mental alertness, small cap stocks impact, Bud Light decline in beer market
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Quick takeaways
Meta's interest in smart eyewear tech shows its desire to lead in innovation.
Netflix's subscriber growth highlights its strategy for profitability and market dominance.
Deep dives
Meta AI - The Versatile Assistant
Meta AI provides a wide range of services from answering questions to summarizing notes and visualizing ideas. Embedded in popular apps like Instagram and WhatsApp, Meta AI offers convenience and accessibility for users seeking quick and accurate responses.
Global IT Chaos Due to CrowdStrike Update
A massive IT outage caused by a CrowdStrike update has led to disruptions in various sectors worldwide, affecting Microsoft Windows devices in countries like the US, China, and Australia. The chaos resulted in grounded flights, impacted emergency services, and even hindered broadcasting services of major media outlets.
Meta's Investment in Wearable Technology
Mark Zuckerberg's Meta is considering a significant investment in spectacles, exploring a multi-billion dollar stake in eyewear group Luxottica. The partnership focuses on Meta's push into wearables, featuring sleek glasses integrated with AI capabilities and social media functionalities.
Netflix's Strong Financial Growth and Strategy
Netflix's recent financial success, with increased revenue and subscriber growth, demonstrates its effective strategies such as cracking down on password sharing and offering a lower-priced ad tier. The company's ability to monetize its services successfully signifies a shift towards profitability and dominance in the streaming market.
Episode 369: Neal and Toby discuss Meta’s interest in buying a stake in Ray-Ban owner EssilorLuxottica, signaling it wants to lead the pack in smart eyewear tech. Then, Netflix adds another 8 million subscribers and continues to show why it’s the king of streaming. Next, the EA Sports College Football 25 video game launches after an 11-year hiatus now that NIL allows college players to profit from their likeness. Plus, small cap companies are the week’s standout stock and Bud Light is the week’s Dog of the Week. Meanwhile, Elon Musk is apparently fed up with California and is taking SpaceX and X to Texas. Lastly, high school students are getting better grades, improving attendance, and engaging with one another in NYC. The school needed to lock up their phones.
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