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Morning Brew Daily

Adobe Scraps $20B Deal with Figma & Why Apple is Suspending the Next Apple Watch

Morning Brew Daily

Morning Brew

News, Business, Business News

4.42.8K Ratings

🗓️ 19 December 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Episode 216: Neal and Toby discuss why Adobe's $20 billion acquisition of Figma fell through and what it means for major mergers moving forward. Plus, why attacks on oil tankers are disrupting trade routes in the Red Sea and sales of the latest Apple Watch are being stopped due to patent issues. Next, US Steel agrees to sell itself for for $14+ billion to their Japanese rival, and Toby shares his favorite trend. Finally, the hammer has come down on a punishment for Southwest's holiday meltdown. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Good morning Brew Daily Show. I'm Neil Freiman and I'm Toby Howell. Today we almost

0:05.1

made it through the year without a global supply chain disruption until now. Then

0:09.7

the fabled US steel has a new owner,

0:12.8

and they are not from the US.

0:14.8

It's Tuesday, December 19th.

0:16.8

Let's ride.

0:17.8

Sometimes your... Sometimes you're reminded that we're living on top of a configuration of

0:28.0

tectonic plates with a mind of their own and that happened early this

0:31.2

morning when a volcano erupted in southwestern Iceland,

0:34.6

sending lava fountains high into the air and lighting up the night sky with molten rock.

0:39.6

The eruption had been expected for weeks and a nearby town had been evacuated last month in anticipation,

0:45.6

but the sudden outburst and the size, I mean this fisher is 2.5 miles long, took people by surprise.

0:52.4

Iceland is prepared for volcanoes better than

0:54.6

anyone since it has 32 active volcanoes and one pops off every four to five years.

0:59.8

This one isn't expected to threaten life or disrupt air travel like volcanoes have in the past,

1:05.0

but authorities still say you shouldn't go near it.

1:07.5

The quickest way to get people to come to a volcanic eruption is to tell people not to get near it so I'm sure there are going to be some kind of adventurous tourists taking a peak.

1:17.7

I remember the volcanic eruption from 2010 that grounded pretty much all of Europe's air travel because the

1:25.0

ash cloud was so big this one is not like that at all there's pretty much no

1:28.4

ash in the air it is just this really long fish here have you seen a

1:31.4

volcano like live never live I mean I've been to Hawaii really long fish here. Have you seen a volcano?

1:32.6

Like live?

...

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