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Morning Brew Daily

Microsoft-Activision Deal Complete & Bank of America Opens Fake Accounts

Morning Brew Daily

Morning Brew

Business, News, Business News

4.43K Ratings

🗓️ 12 July 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

Episode 101: Neal and Toby discuss a judge ruling that Microsoft can complete its $69 billion deal to purchase Activision Blizzard despite an injunction from the FTC. Plus, historic flooding in the Northeast that is costing billions and Bank of America is on the hook for $250 million after opening fake accounts and charging customers illegal junk fees. And what is Anthropocene? And why can we only talk about it every 13,000 years? Also thanks to a national shortage, a bottle of sriracha is going for a pretty penny these days while farmers are so inundated with milk they are pouring excess down sewers. And finally, where does Sun Valley rank in the list of annual conferences filled with billionaires? 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 Freeman.

0:02.5

And I'm Toby Howell.

0:03.4

On today's pod, how a humble lake and suburban Ontario

0:06.9

might mark a new chapter of Earth's history.

0:10.1

And we'll head to a resort town in Idaho

0:12.2

where billionaires in Vess are cooking up

0:14.4

the next big corporate takeover.

0:16.3

Then like the undertaker rising from his grave,

0:19.4

the Microsoft Activision Blizzard merger looks to be back on.

0:23.7

Plus regulators have been rummaging

0:25.5

under the hood of Bank of America.

0:27.4

And oh boy, do they not like what they've found?

0:30.2

It's Wednesday, July 12th.

0:32.0

Let's ride.

0:33.0

MUSIC

0:37.2

All right Toby, the new mission impossible comes out

0:40.4

in theaters today kicking off the summer blockbuster slate

0:43.5

that also includes Barbie and Oppenheimer

0:46.1

being released nine days from now.

0:48.2

Frankly, we do not do enough wagering on this show at all

0:53.7

compared to what we do in our daily lives.

0:55.1

So I want you to give your rankings for the box office hall

...

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