What's Really Going On In Davos | Group Chat News Ep. 729

01/20/23 • 68 min

Today, Dee and Anand discuss the latest business and financial news, including Microsoft's decision to lay off 10,000 employees, the reported plummet in Shein's valuation as they seek $3 billion, and the Oxfam report stating that the richest 1% of people amassed almost two-thirds of new wealth created in the last two years. They also discuss recent developments in the world of pop culture, national news, politics, and world news, including Dr. Dre selling music assets to Universal Music and Shamrock, police surveillance in Beverly Hills, and Donald Trump's potential return to Twitter and Facebook. Plus, they dive into the world of fintech and crypto, discussing Arch's new crypto lending product and the gathering of prostitutes in Davos for the annual meeting of the global elite. Lastly. the gentlemen drop their weekly Winners, Losers, and Content.

written by ChatGPT

Timeline of What Was Discussed:

Microsoft’s strange decision. (3:12)
Netflix’s subscriptions are popping! (6:30)
The big challenge for Shein. (10:46)
How the richest 1% of people amassed almost two-thirds of new wealth created in the last two years. (18:12)
Peter Thiel is doing WELL. (23:02)
Dr. Dre is cashing out! (25:53)
The Beverly Hills police are watching you. (32:13)
The Don is back! (36:33)
The strange concept of Davos. (38:11)
A Group Chat exclusive interview with Dhruv and Himanshu from Arch. (41:12)
Winners, Losers, and Content. (58:12)
Group Chat Shout Outs. (1:05:34)

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