OpenAI Drops $6.5B To Kill the iPhone? & Tariffs and Boycotts Hurt Target

Morning Brew Daily

Morning Brew

News, Business, Business News

4.4 • 2.8K Ratings

🗓️ 22 May 2025

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 588: Neal and Toby have more on why Jony Ive is teaming up with Sam Altman as OpenAI buys the ex-Apple designer for $6.5 billion Then, Target struggles with tariffs and backlash from customers. Also, Universal is taking on Disney in the parks arena with their brand new Epic Universe theme park. Meanwhile, Neal shares his favorite numbers on the stealthy wealthy, safe college majors, and the semicolon. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Visit endthecampaign.com for more Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Worst Bitcoin Transaction Ever 03:40 - OpenAI Gets Jony Ives 08:05 - Target Woes 12:00 - Universal Epic Universe Opens 17:45 - Neal’s Numbers 25:00 - Headlines Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Race the rudder, raise the sails, raise the sales!
0:05.0	Captain, an unidentified ship approaching. Over.
0:07.0	Roger that. Wait, is that an enterprise sales solution?
0:13.0	Reach sales professionals, not professional sailors.
0:17.0	With LinkedIn ads, you can target the right people by industry, job title, and more.
0:21.4	To get £100 off your first campaign, go to LinkedIn.com slash lead to claim your credit.
0:26.7	That's LinkedIn.com slash lead. Terms and conditions apply.
0:32.6	Good morning for your daily show. I'm Neil Fryman.
0:35.6	And I'm Toby Howell.
0:36.5	Today Universal opens Florida's first major theme park
0:39.7	in 26 years, and Disney isn't exactly saying be our guest.
0:43.9	Then Sam Altman wants to build hardware for the AI age,
0:47.2	and he just got Apple's best ever designer to help him do it.
0:51.2	It's Thursday, May 22nd.
0:53.3	Let's ride. Today is the anniversary of one of the
1:01.5	worst financial transactions of all time, maybe even worse than the French selling the Louisiana
1:07.0	territory to Thomas Jefferson. On this day in 2010, a programmer named Laslo
1:12.5	Hanya spent 10,000 Bitcoin to buy two Papa John's pizzas. At today's prices, those 10,000
1:19.8	Bitcoin would be worth over $1.1 billion, making those pizzas the most expensive pizzas
1:25.2	ever sold. The pizza purchase is considered a seminal
1:28.7	moment in the history of crypto and celebrated every year as Bitcoin Pizza Day. Happy Bitcoin
1:34.3	Pizza Day, Toby. Thank you, Neil. This day is always circled on our calendars because for as
	...

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