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The Best One Yet

Regulators hit the Mt. Rushmore of tech, Apple’s WWDC, and the biggest private real estate transaction ever (=$18.7B)

The Best One Yet

Nick & Jack Studios

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

4.69.8K Ratings

🗓️ 4 June 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

Shares of Google and Facebook both fell over 6% on word US regulators have coordinated to take them on. Meanwhile, Apple’s big Worldwide Developers Conference unveiled fresh new iThings. And then private equity firm Blackstone led the biggest private real estate transaction ever -- and became Amazon’s landlord.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, and this is Snacks Daily.

0:04.6

It is Tuesday, June 4th, and we got the best one yet.

0:10.4

Great mix of stories here, except it's all tech story.

0:13.1

Jack, toss on your Soilant.

0:16.0

Markets trickle down because of this big tech story.

0:19.0

The sheriff has come to Silicon Valley.

0:21.8

Regulators are going after big tech.

0:24.0

Facebook and Google Socks fell 6% each.

0:26.7

That tells you a lot.

0:27.7

Meanwhile, Apple is desperately trying to host.

0:30.7

It's like big worldwide developer conference in San Jose.

0:33.4

No big deals like a big party.

0:35.3

They're serving all or derves.

0:36.7

They're like trying to get the guests to have fun and mingle.

0:38.8

And this regulatory news was a major buzzkill.

0:41.1

Everybody in the audience's phone was vibrating.

0:43.2

There was a lot of unimportant Apple news.

0:45.1

We're going to tell you exactly what you need to know.

0:47.4

Third story is pretty much not tech,

0:50.0

but there's a tiny tech angle.

0:51.4

The biggest private real estate transaction ever just happened.

0:55.3

And Blackstone is officially the top

...

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