Zoom’s major crisis, prison stocks lose their banks, and Snapchat’s 2nd class of startups

The Best One Yet

Nick & Jack Studios

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

4.6 • 9.8K Ratings

🗓️ 11 July 2019

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Conference call icon Zoom made your webcam vulnerable to snooping, and the flaw got discovered in a dramatic way. SunTrust bank decided to stop funding private prison companies, so we decided to look into private prison company stocks. And Snapchat’s venture capital arm, Yellow, announced its 2nd class of early-stage startups, which we explored to notice the trends of tomorrow.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 is Thursday July 11th.
0:06.0	This is the best one yet.
0:07.0	We've actually created a few snacks.
0:09.0	The S&P 500 just hit 3000.
0:11.0	We like this snack the most.
0:13.0	3000.
0:14.0	It's a beautiful round number.
0:15.0	That's only five years after 2000.
0:17.0	Now we gotta talk about what we're covering today.
0:19.0	Well, first of all, markets jumped because of the Fed testimony.
0:22.0	It looks like it's gonna cut interest rates this summer.
0:24.0	Very true.
0:25.0	So, the good for Jerry Powell will speak in a Congress.
0:27.0	All right, now are three stories.
0:28.0	All right, three stories.
0:29.0	The conference call icon Zoom had a major, major crisis.
0:33.0	It's webcam got, actually your webcam got hacked.
0:36.0	Yeah, and we are looking at the fascinating timeline of how the whole drama happened.
0:39.0	And then how the stock reacted, or didn't react.
0:42.0	It didn't react, maybe not.
0:43.0	Second story, SunTrust Bank based out of ATL Georgia.
0:46.0	It's no longer gonna fund private prison companies.
	...

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