Instagram knocks off TikTok, Alibaba’s $38B day, and Almond milk = Dean Foods’ downfall

The Best One Yet

Nick & Jack Studios

Business, News, Finance, Pop Culture, Business News, Tech

4.6 • 9.8K Ratings

🗓️ 13 November 2019

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

TikTok set a record for app downloads, so Facebook just decided to knock it off with a new Instagram feature. Alibaba’s Singles Day set a sales record of $38B in 24 hours — so we’re looking at why the stock fell. And big milk giant Dean Foods just filed for bankruptcy, but you can’t (totally) blame Millennials for it.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Jack.
0:02.7	And this is Snacks daily, this Wednesday,
0:05.2	November 13th.
0:06.4	Happy hump day everybody.
0:07.8	This is how we feelin'.
0:09.4	The best one yet T-P-O-I-T-B-O-I-T-B-O.
0:12.0	A wonderful Snacks daily, Jack,
0:13.4	and he just put the first story up.
0:14.5	TikTok has been downloaded by one billion people.
0:18.6	Faster than anything else has been downloaded.
0:21.3	And it sounds like a good time for Instagram
0:23.2	to make a knockoff version of TikTok.
0:24.9	Perfect timing on this one.
0:26.4	Second story, Alibaba just broke a record again.
0:28.9	Again, for the biggest shopping day in the history of the world.
0:32.2	Again, we're lookin' at why the stock dropped though even though.
0:34.8	Third and final story is dairy dynamo, Dean Fou.
0:38.4	Stick that on a tattoo, Jack.
0:40.1	It just filed for bankruptcy.
0:41.4	Oh yeah, it's actually.
0:42.4	Rest in peace, that's because your oat milk,
0:44.2	almond milk, coconut milk latte.
	...

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