Tech Brew Ride Home Fri. 11/08 – Share To TikTok
Nov 8, 2024
Block is restructuring, focusing on Bitcoin while pulling back from Tidal and Web5. TikTok's new 'Share to TikTok' feature aims to transform music sharing and discovery. Amazon is weighing a huge investment in AI startup Anthropic, signaling a deeper dive into tech. Excitingly, Baidu is preparing to launch AI smart glasses to challenge Meta. Plus, budget streaming platforms are tapping into ad-driven models, and hear an inspiring marathon story about the power of community support.
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Block's Restructuring
- Block, formerly Square, is restructuring, scaling back on Tidal and TBD (Web5).
- They will focus on Bitcoin mining equipment and the BitKey self-custody wallet.
TikTok's Music Integration
- TikTok launched "Share to TikTok," integrating with Apple Music and Spotify.
- This fosters music discovery within TikTok and drives traffic to streaming services.
Amazon's Anthropic Investment
- Amazon considers a second investment in Anthropic, but wants them to use Amazon-developed chips.
- Anthropic prefers NVIDIA chips, creating tension between the companies.