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)
Related Links/Products Mentioned
- Chatty Kathy Club
- Microsoft is laying off 10,000 employees
- Reed Hastings steps down as Netflix CEO amid subscriber gains
- Shein valuation reportedly plummets by a third as it seeks $3B
- The richest 1% of people amassed almost two-thirds of new wealth created in the last two years, Oxfam has said. - unusual_whales on Twitter
- Trump backer Peter Thiel reportedly made $1.8 billion cashing out an 8-year bet on crypto – when he was still touting a massive bitcoin price surge
- Dr. Dre Selling Music Assets to Universal Music and Shamrock
- In (and Above) Beverly Hills, Police Are Watching
- BREAKING: Donald Trump is preparing to come back to Twitter and Facebook, per NBC News
- Prostitutes gather in Davos for annual meeting of global elite
- Fintech Firm Arch Starts Crypto Lending Product, Raises $2.75M
- Arch - The Easiest Way to Borrow Against Crypto and NFTs
- Musk’s Twitter Saw Revenue Drop 35% in Q4, Sharply Below Projections
- What to know about extraordinary measures as debt ceiling hits
- Zerofux Clothing Co
Connect with Group Chat!
Explicit content warning
01/20/23 • 68 min
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/group-chat-8167/whats-really-going-on-in-davos-group-chat-news-ep-729-27564955"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to what's really going on in davos | group chat news ep. 729 on goodpods" style="width: 225px" /> </a>
Copy