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Walmart Purchased Vizio to Beat Amazon | Explained | Data and privacy


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Walmart wants to convert your living room TV into a billboard for them.

So two weeks ago it was reported that WalmartΒ wanted to buy Vizio for 2 billion dollars. That's about $9.30 in today's money.

Walmart has historically been Vizio's largest customer and Vizio is historically the largest television brand sold at Walmart by sales and Walmart is moving its focus to its connect service.

This is just another move from a massive retailer to become a data broker. And let's talk about it.

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Chapters -

πŸ“Ί 0:00 - Intro - Why did Walmart buy Vizio for $2 billion dollars. What's in it for them?

πŸ“Ί 0:06 - Part 1 - History of the purchase.
πŸ“Ί 0:39 - Part 2 - What does Walmart get from this purchase? (Data, our privacy, consumer insights)
πŸ“Ί 0:57 - Part 3 - Why retailers can't just be retailers anymore and why Walmart wants to be more competitive with Amazon (Jeff Bezos and his little bookshop)
πŸ“Ί 1:14 - Part 4 - The business of loss leaders and making more money on our data than the purchase.
πŸ“Ί 2:13 - Part 5 - Vizio went public in 2021. How did they make more money from our data than the TVs?

OTHER VIDEOS -

VIDEOS MENTIONED IN THIS VIDEO -

πŸ‘‰ How Supermarkets are bcoming data broker through their loyalty cards - https://youtu.be/81iTOtJ-0k0

πŸ‘‰ How your TV is watching you back - https://youtu.be/Kl5m9E-z8uE

Facebook -

πŸ‘‰ The Evil Business Model of WhatsApp - https://youtu.be/YumfmeBYPhQ

πŸ‘‰ How Facebook uses your period data to sell you stuff - https://youtu.be/WazCiuVKlbY
πŸ‘‰ Facebook Shadow Profiles explained - https://youtu.be/sR8M8hZxuPo
πŸ‘‰ Every toxic thing Facebook did in 2021 - https://youtu.be/aRWB81qrzts
πŸ‘‰ Can Facebook be forced to delete the algorithm? Yes, here's why. https://youtu.be/fHZftxVdeGM

Amazon -

πŸ‘‰ Amazon Go's toxic longterm plan - https://youtu.be/YQCpHVWxUrE

πŸ‘‰ Every toxic thing Facebook did in 2021 - https://youtu.be/ha4_2GS2_HA

Twitter -

πŸ‘‰ Why is Twitter so toxic - https://youtu.be/lT7e_P8rfuk

Everything else -

πŸ‘‰ Why Tinder ruined your dating life - https://youtu.be/pNR2We-Srro

πŸ‘‰ The Rise of Dark Patterns - https://youtu.be/cjMbtDcHL7k
πŸ‘‰ All the privacy issues in Clubhouse app - https://youtu.be/HfZJZl22mg0
πŸ‘‰ 8 counter-arguments to common privacy misconceptions - https://youtu.be/7RcjYdn3I5U
πŸ‘‰ You're wrong about the value of NFTs - https://youtu.be/zfPYMRbSne4
πŸ‘‰ How social media has changed how we talk - https://youtu.be/gZ-nW2kRkuY
πŸ‘‰ Here's why you don't read the terms of service - https://youtu.be/zni2DiCQ7rU

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πŸ’¬ let's chat about data / privacy / the internet on Reddit - https://www.reddit.com/r/TheInternetExplorers

πŸ’¬ I've also got a Discord - https://discord.gg/rGcht3SJyV
✍️ Follow on Twitter http://Twitter.com/Thismademecool
πŸ“§ Join the mailing list - https://bit.ly/30eHZ7I
✨ Join the internet explorers on Patreon - https://www.patreon.com/SimonCaine
🎧 My podcast - https://podcasts.apple.com/gb/podcast/ask-the-industry-podcast/id946220937

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All elements were created by me, comedian Simon Caine.

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#Walmart #Vizio #amazon

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This is the best for the algorithm... no need to read it (I've been told it's important / helpful)

Simon Caine is an English award-winning comedian, writer, author, podcaster and human based in Edinburgh Scotland. He makes a video a week, released every Sunday.

Over the last decade, he's performed all over the world, from London to NYC to Australia. His most recent show "every room becomes a panic room when you overthink enough" got 5* reviews at the Edinburgh Fringe where he sold out the run.

Previously he opened for Trevor Lock, Ben Miller and Henry Ginsberg as well as gigged on the same bill as people like Terry Alderton, Mark Dolan, Matthew Crosby and Bec Hill.

He's been featured in the Huffington Post β€œTweets of the Week” feature several times and had jokes/writing appeared in The Poke and other publications. He hates writing in the third person.

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