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Morning Brew Daily

Google Takes a Big L & YouTube Soars Past TikTok

Morning Brew Daily

Morning Brew

News, Business, Business News

4.42.8K Ratings

🗓️ 12 December 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Episode 211: Neal and Toby talk about Epic Games latest victory against Google that could shift the app market. Next, the economy’s biggest threat doesn’t come from financial institutions, but our geopolitics. Then, will a buyout of Macy’s ultimately mean its demise? Meanwhile, teens spend more time on YouTube than TikTok. Lastly, Apple tries to shut down Android’s only hope for iMessage and Google releases its top trending searches of 2023. 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.

0:04.7

On today's pod, Google is waking up with a nasty hangover after losing a major case over

0:09.8

its App Store.

0:11.3

Then the most Google Terms of the Year just dropped and Good Morning Brew Daily Show was

0:15.7

number one.

0:16.7

I kid, I kid.

0:18.5

It's Tuesday, December 12th.

0:20.4

Let's ride. Rode. Toby, what a great joke.

0:27.0

So remember how Shohay O'Tani signed that record-breaking $700 million deal with the Dodgers? Well, the contract is even crazier

0:34.9

than it seems on the surface, which was already pretty crazy. We learned

0:38.4

yesterday that 680 million of the 700 million will be deferred until after the deal ends in 10 years to

0:46.4

free up cash for the Dodgers to keep spending on other players.

0:49.7

That means Otani will be paid $2 million a year for the next 10 seasons, then $68 million a year from

0:56.1

2034 to 2043 when he'll be 49 and likely retired.

1:02.4

Everyone is using Buy Now Pay Later this holiday season.

1:05.1

But in reality, personally, I would never do this.

1:08.6

Are we really trusting Jerome Powell to keep inflation at bay for these monster payouts in 10 or 20 years are even

1:15.6

trusting that we'll have a society in 2043 I don't know you got to believe you got

1:19.6

to believe but the thing is yes it's $2 million a year

1:23.5

for the next 10 years, but you also have to remember,

1:25.7

he is making $50 million a year on sponsorships

1:30.0

alone off the field.

...

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