In This Issue


NBCUniversal is yet another media conglomerate launching their own streaming service

Not sure how relevant this is for Australians, but there's yet another streaming service in the USA. NBCUniversal will launch "Peacock", with free and US$5/m streaming options that have advertising as a way to ease the burden of customers paying for multiple streaming services. All of NBC and Universal's content will likely go exclusively to this platform as existing deals with other streaming services expire. There will be some original content too, with Tina Fey saying she's gonna write a comedy series for Peacock. It would be nice if there was some sort of competition law that made it so content had to be fairly licensed after a reasonable exclusivity period. If something like that doesn't happen, piracy's gonna be back and better than ever.

Nancy Pelosi unloads on Facebook in response to question regarding tech industry influence

Speaker of the US House of Reps (kinda like their Prime Minister, I dunno) Nancy Pelosi let loose on Facebook in her weekly press conference today. When asked by a journo if "tech giants have too much power", she said that "Facebook's business model is strictly to make money. They don't care about the impact on children. They don't care about the impact on truth. They don't care about where this is all coming from, and they have said that even if they know it is not true, they will print it". Adding that "my thought about them is that all they want is their tax cuts and no antitrust action against them". Tell me something I don't know Pelosi - do something about it.

New trade agreement between US & China has significant tech industry ramifications

The USA and China have signed a new trade agreement. Again, not entirely sure how this impacts Australia day to day, but for tech companies it means there won't be any new tariffs, but existing ones on semiconductors, modems and other tech components will remain. In what may be more important for tech businesses, particularly ones that manufacture goods in China, the forced transfer of technology (setting up a joint venture in China and giving it all your company secrets) is banned. China also agrees to limit "trade secret misappropriation" (hacking into companies to learn their secrets then using it to benefit local industry), but nobody honestly believes China will abide by that condition, do they?

Not News

Google joins Apple, Microsoft and Amazon in the trillion dollar valuation club

Alphabet/Google is now valued by investors at on the stockmarket at over US$1 trillion. Seems like the money nerds like the fact Sundar Pichai is now CEO of the entire business with Sergei and Larry doing their weird shit elsewhere, betting that the change in boss will mean Alphabet will generate more profits. Also analysts are predicting Alphabet's Q4 earnings will be a 20% increase over the same period a year ago. It's insane a company worth US$1t manages to grow by 20% a year. On the topic of tech giants having too much power - Apple, Amazon and Microsoft have all reached US$1t valuations over the past 2 years. To put into perspective how much US$1t is, Australia's GDP (the market value of all the final goods and services produced) for 2019 was US$1.38t...


🎶 U-Mass - The Pixies

😁 The Sizzle is curated by Anthony "@decryption" Agius and emailed every weekday afternoon. Join us on Slack and chat with other Sizzle subscribers.

The Sizzle is created on Wathaurong land and acknowledges the traditional owners of country throughout Australia, recognising their continuing connection to land, water and community. I pay my respect to them and their cultures and to elders both past and present.​