AI-Powered Weapons Startup Raises $1.5B & Mounjaro Soars Past Wegovy

Morning Brew Daily

Morning Brew

Business, News, Business News

4.4 • 3K Ratings

🗓️ 9 August 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 384: Neal and Toby chat about the round of funding for a startup that could transform the landscape of warfare by combining tech and military manufacturing. Then, upheaval in Bangladesh has global economies nervous about its impacts, especially in the fashion industry. Next, Warner Bros. Discovery and Paramount both had massive write-downs which further signifies the fading of linear programming. Also, Eli Lilly’s Mounjaro is winning the miracle weight-loss drug war as sales soar, while Novo Nordisk’s Wegovy is slugging behind. Meanwhile, Coca-Cola may have to owe the IRS $16 billion in back taxes. Lastly, Blackstone’s Stephen Schwarzman is developing a $100M country estate but is running into some newt headaches. Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW 00:00 - Costco crackdown 2:30 - AI-powered weapons 7:00 - Shakeup in Bangladesh 11:00 - Bad news for cable TV networks 14:45 - Weight-loss drug duel 18:00 - Coca-cola vs. IRS 21:30 - Newt problems Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 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	Have a question or need how to advice? Just ask meta aye. Whether you need to summarize notes or create a recipe with the ingredients you already have in your fridge, meta aye has the answers.
0:11.0	Expand your world with Meta AI.
0:14.0	Good morning Brew Daily Show, I'm Neil Freiman.
0:17.6	And I'm Toby Howell.
0:18.6	Today, Coca-Cola may owe $16 billion in taxes to the the IRS better start saving those bottles.
0:25.0	Then a defense tech startup wants to rebuild Democracy's Arsenal in Silicon Valley is very much on board.
0:32.0	It's Friday August 9th. Let's ride.
0:35.0	If you're craving a reasonably priced rotisserie chicken right now,
0:43.0	you better have your Costco card on you.
0:45.7	The retailer announced this week
0:46.9	that it is conducting a Netflix-esque crackdown
0:49.8	on to membership sharing
0:51.2	by installing card scanners to all front entrances
0:53.8	over the coming months. That means no more flashing your mom's card and sneaking in,
0:57.8	no more blustering your way through by saying oh I forgot my phone inside you got to
1:02.4	have your ducks in a row
1:03.8	to get into bulk buying Paradise, Neil.
1:06.1	Yeah, well, that is a huge bummer
1:08.0	because tomorrow my entire plans are going to Costco
1:11.3	and eating all the samples for lunch.
1:13.4	But yeah, this makes sense.
1:14.4	We've seen it across industries.
	...

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