Walmart in talks to buy Vizio for more than $2 bln, WSJ reports (www.reuters.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Walmart in talks to buy Vizio for more than $2 bln, WSJ reports::Walmart is in talks to buy smart-television manufacturer Vizio for more than $2 billion, the Wall Street Journal reported on Tuesday, a move that could bolster its advertising business and give it control of more than a fifth of the U.S. television market.

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[-] redcalcium@lemmy.institute 40 points 9 months ago

Owning Vizio would give Walmart access to an active user base of nearly 18 million people and help unlock Vizio's own software platform business that has annual advertising revenues growing north of 27% at a more than 60% margin rate, said Nicholas Zangler, an analyst at Stephens.

Get ready for even more ads on your smart tv.

[-] Rentlar@lemmy.ca 7 points 9 months ago

Isn't it just amazing that TV manufacturer companies have dropped any pretense of their value deriving from the quality of TVs, and simply are a means to shove advertising in people's faces?

Soon...

We can buy this company that makes "smart" ovens so that it can play ads while it preheats! Oh, this smart microwave plays a "Totino's" jingle. Oh, this smart fridge shames you for not buying the sponsored brand of grocery item.

[-] DragonAce@lemmy.world 5 points 9 months ago

Kinda like the fucking TV screens they have on gas pumps for the sole fucking purpose of shoving ads down the throat of captive audiences.

[-] plz1@lemmy.world 2 points 9 months ago

With volume set to max

[-] sorghum@sh.itjust.works 2 points 9 months ago* (last edited 9 months ago)

Guess I better figure out how to redirect DNS requests to my pihole on my router

Or just give myself an excuse to build an opnsense router and upgrade my WiFi infrastructure

[-] Ensign_Crab@lemmy.world 40 points 9 months ago

In case anyone was wondering if Visio's quality can actually go down.

[-] trackcharlie@lemmynsfw.com 31 points 9 months ago

At what point are these fucking conglomerates to god damn big?

[-] GardenVarietyAnxiety@lemmy.world 12 points 9 months ago

In 2077

[-] misterundercoat@lemmy.world 6 points 9 months ago

Fuckin corpos, man

[-] Th3D3k0y@lemmy.world 1 points 9 months ago

I have a suggestion about what we could do about it. Do you know anyone with a helicopter?

[-] Gingerlegs@lemmy.world 9 points 9 months ago

I bought one in 2015. It’s still going without issue or ads! They really turned to shit, though

[-] GingeyBook@lemm.ee 6 points 9 months ago

Yep we bought one in 2020, that thing sucked .

Switched to Sony recently and couldn't be happier. Granted there are still ads but at least the UI is fast and responsive

[-] thatKamGuy@sh.itjust.works 8 points 9 months ago

Do yourself a favour and switch to using a video game console, Apple TV or if you’re more technical my inclined - a HTPC.

Manufacturers have been getting increasingly nosey with their data collection policies, as well as inserting additional adds after the fact.

And can guarantee that in all circumstances, both the software and hardware will be infinitely better built, supported and more reliable.

[-] UristMcHolland@lemmy.world 5 points 9 months ago

Nvidia Shield FTW

[-] gladflag@lemmy.ml 6 points 9 months ago

Come on antitrust

[-] Toes@ani.social 6 points 9 months ago

I think that's a bad buy.

[-] boonhet@lemm.ee 8 points 9 months ago

Certainly not the best buy they could make.

[-] BumbleBeeButt@lemmy.zip 2 points 9 months ago

The fall of an empire.

[-] Adanisi@lemmy.zip 1 points 9 months ago

Does anyone know if this could have implications for the SFCs lawsuit?

[-] hitmyspot@aussie.zone -1 points 9 months ago

Wait until the software updates to be basically an Amazon device.

this post was submitted on 14 Feb 2024

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