The NBA is Back – Microsoft to Buy TikTok – Instagram Launches “Reels” – MGR Unplugged Podcast
The NBA “Bubble” is better than expected. Microsoft in negotiations to buy TikTok while Facebook Launches Instagram Reels. All that and more in this episode of MGR Unplugged.
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In this episode:
Manuel and David start this episode discussing the NBA “Bubble” in Orlando. Games are surprisingly competitive and nobody seems to miss the crowd.
The Pandemic keeps dominating the news, yet, nothing new is reported. There’s lots of confusion about what’s to come in the coming weeks and months, facing US elections, back-to-school, college live and this year’s Holiday Season.
For now, the government just keeps printing money to keep the economy afloat. So much so, that inflation is casting even a larger shadow than ever, causing gold and silver prices to reach a new record high each day.
Microsoft is in negotiations to buy TikTok from Chinese company ByteDance. Terms of the sale are not specific as of this writing but it’s rumored to be in a wide range between $30 and $60 billion.
After last week’s Big Tech Anti-trust Hearing, Facebook, Apple and Amazon shrugged and moved on to report record quarterly benefits. And speaking of doubtful competitive practices, Facebook is also launching Instagram Reels which attempts to be its own version of TikTok. Will is succeed? Time will tell but it seems to us that TikTok already has a very solid user base that won’t be jumping ship too easily.
All that and more in this episode of MGR Unplugged.
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