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Morning Brew Daily

States Go After Meta for Addictive Features & Is Bitcoin Back?

Morning Brew Daily

Morning Brew

News, Business, Business News

4.42.8K Ratings

🗓️ 25 October 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Episode 177: Neal and Toby discuss the lawsuit against Meta where dozens of states are suing the tech company for it's 'addictive features' and 'mental harm' it has caused children. Plus, Bitcoin is on fire and we are in the full swing of earnings season with reports from Microsoft, Alphabet and Spotify. Hear what Jamie Dimon said about banks and the unrest in the Middle East and why Excel may no longer botch scientific data. Finally, the story that is rocking the wax figure museum world. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Listen to Our Future Podcast Here: https://link.chtbl.com/ourfuturepodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Good morning, Bruce Daley's show, I'm Neil Fryman, and I'm Toby Howell.

0:04.6

On today's pod, we'll play another round of who is Jamie Diamond bashing this time.

0:09.1

Then, meta is getting sued by dozens of states in a far-reaching case alleging it contributed

0:13.8

to a decline in teenage mental health.

0:16.8

It's Wednesday, October 25th.

0:18.7

Let's ride.

0:21.0

Toby, the NBA season kicked off, and the New York Knicks finally did something interesting.

0:29.3

They're going to have the Sphere in Las Vegas as their Jersey Pat sponsorship, which teams

0:34.2

have been allowed to do for nearly a decade.

0:36.7

This partnership is not a coincidence.

0:38.8

James Dolan owns the Knicks, and he also owns the Sphere.

0:43.0

This is a bit of synergy to capitalize on the moment that the Sphere is having right

0:47.0

now.

0:48.0

What is the marketer in you saying?

0:49.4

Listen, I've never wanted to turn down some free advertising synergies as you put it.

0:55.0

My one pushback here is I can't think of something that translates worse from real life to

1:00.4

patch form.

1:01.4

I mean, the Sphere is 366 feet tall, 516 feet wide, and when it's on a Jersey patch, the

1:07.0

size of two inches or something just looks like a half circle, so I don't think you're going

1:11.5

to get any Jersey patch.

1:12.8

That looks good.

1:13.8

Well, I don't know.

...

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