Episode 409: Neal and Toby discuss Bank of America's and JPMorgan’s latest efforts to curb young bankers’ hours after increased scrutiny of Wall Street’s history of burnout. Then, Boeing’s new CEO Kelly Ortberg is begging its union to accept a deal to avoid a potentially catastrophic strike for the embattled company. Plus, OpenAI is looking to raise another ... Show More
Today
Fed Raises Rates for the First Time in 3yrs & What Happened to Ed Sheeran’s Tour
#935: The Fed raises rates for the first time in 3 years to fight inflation. Household incomes have reached a new high and poverty hits a new low, even as Americans are feeling the affordability pinch. Apple’s latest major update, iOS 27, promises a new and improved Siri. Neal di ... Show More
34m 37s
Sep 2024
OpenAI's $150B conversion, Meta's AR glasses, Blue-collar boom, Risk of nuclear war
(0:00) Bestie intros: In Memoriam (6:43) OpenAI's $150B valuation: bull and bear cases (24:46) Will AI hurt or help SaaS incumbents? (40:41) Implications from OpenAI's for-profit conversion (49:57) Meta's impressive new AR glasses: is this the killer product for the age of AI? (1 ... Show More
1h 35m
Nov 2023
OpenAI Closes Door on CEO Sam Altman
Bloomberg Technology Co-Host Ed Ludlow, Bloomberg News AI Reporter Rachel Metz and Crawford Del Prete, President at International Data Corp break down the news of the firing of OpenAI CEO Sam Altman and the evolving drama for the company and the tech industry. Laurence Kotlikoff, ... Show More
46m 15s
Jan 2025
SoftBank wants a piece of the AI pie
<p>Apple revealed quarterly results that slightly exceeded Wall Street expectations, SoftBank is in talks to invest as much as $25bn into OpenAI, and the European Central Bank cut interest rates as it warned about headwinds to the bloc’s economy. Plus, there are concerns that Chi ... Show More
12m 47s
Jun 2024
Presidential Debate Reaction, Biden Hot Swap?, Tech unemployment, OpenAI considers for-profit & more
(0:00) Bestie intros! (1:54) Debate recap and analysis: Hot swap incoming? (16:53) Subverting democracy, power grab, Democratic party shakeup (36:43) Why tech job postings are down significantly from pre-COVID levels (42:43) OpenAI considering for-profit conversion (54:11) The pr ... Show More
1h 21m
Jul 2019
Deutsche Bank Shake-Up, Amazon Workers Plan Prime Day Strike, Stranger Things Helps D&D Go Mainstream
Mark Grant, Managing Director and Chief Global Strategist at B. Riley FBR, discusses Deutsche Bank’s restructuring as the financial institution cuts jobs and exits its equities business. Josh Eidelson, Bloomberg News Labor Reporter, explains why Amazon workers in suburban Minneap ... Show More
33m 31s