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Morning Brew Daily

Why Reddit IPO Favors Loyal Users & The Massive AT&T Outage

Morning Brew Daily

Morning Brew

Business, News, Business News

4.43K Ratings

🗓️ 23 February 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Episode 265: Neal and Toby break down Reddit's IPO and why it's favoring their most loyal users. Plus, the dangers of Chinese hackers on US data and there was an AT&T outage that left thousands across the US without power. Next up why Google is pausing their Gemini AI service and the guys share their stock and dog of the week. And finally why over half of college grads aren't even using their degrees. 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 for daily show. I'm Neil Freiman and I'm Toby Howl. Today Google's

0:05.4

AI program Gemini is getting bashed for being woke but it might reflect even bigger

0:10.4

problems for the tech giant. Then we have our first social media IPO coming up since Pinterest debuted in 2019.

0:17.0

Let's see if the market has an appetite for Reddit shares.

0:20.0

It's Friday, February 23rd.

0:22.0

Let's ride.

0:24.0

One small step for robots, one giant leap for NASA's commercial lunar payload services program.

0:36.2

At 643 p.m. Eastern yesterday, the Odysseus robotic lunar lander touched down successfully

0:41.8

on the moon, becoming the first U.S. spacecraft to land

0:44.8

on the lunar surface since 1972.

0:47.8

It is a huge win for the company that executed the mission, Intuitive Machines, and a stamp of approval for NASA's big push into

0:55.6

commercial partnerships as it increasingly relies on private companies for space

1:00.4

exploration. Many of these private sector trips to the moon have ended in failure, including one earlier

1:06.1

this year, so you can assume they're just going to bed now in Mission Control in Houston.

1:10.5

It was a fun afternoon yesterday. Our Slack channel is kind of popping off. Lots of jokes,

1:15.4

lots of uncertainty when we weren't sure if it was going to touch down or not. I think this is so

1:20.1

interesting though because Intuitive Machines is a publicly traded company and some

1:24.4

of the analysts covering this company were like listen we don't really know how to price in a moon

1:28.5

landing if it goes well or not so it is interesting seeing the public market react to the first like successful

1:34.8

moon landing.

1:35.8

Yeah, it's super hype.

1:37.1

This thing is going to be on the South Pole of the Moon doing science experiments for the

...

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