Morning Brew Daily

Today, the world gets its first glimpse of Quibi, the short-form mobile video platform as famous for its high-octane leadership as it is for its $1.75 billion in pre-launch venture funding.

Also today? Business Casual listeners get an exclusive interview with Quibi CEO Meg Whitman. In this conversation chock-full of insight, Whitman explains how Quibi is straddling the line between competition for time and competition for dollars.

As a veteran tech leader (and the former CEO of both eBay and HP), she has plenty of inside-baseball analysis about playing into the trend of our dwindling attention spans instead of resisting it. Whitman also explains to Business Casual...

• What it’s like to launch a consumer product in the middle of a pandemic and likely recession
• What it takes to raise $1.75 billion in funding without showing investors your product
• How to attract the finest talent from both Hollywood and Silicon Valley

Plus, Whitman defends her claim that Quibi, a video streaming service, is not entering the streaming wars. Want to understand that one? Listen now.

Pour yourself a tall glass of celery juice and join Scott and Nora as they break down the wellness industry with Amanda Mull, a staff writer for The Atlantic. She details its history, meteoric rise, clever marketing strategies, and lack of regulation. Check out some of Amanda’s reporting on Goop and Instagram wellness fads.

Hosts: Nora Ali & Scott Rogowsky

Producer: Bella Hutchins

Production, Mixing & Sound Design: Daniel Markus

Music: Daniel Markus & Breakmaster Cylinder

Senior Producer: Katherine Milsop

Director of Audio: Alan Haburchak

VP, Head of Multimedia: Sarah Singer

Full transcripts for all Business Casual episodes available at https://businesscasual.fm

Episode 364: Neal and Toby recap the latest inflation report that might’ve sealed the deal on a Fed rate cut with a minor increase that shows signs of cooling down. Then, airline profits are underperforming despite record air travel. Plus, a Texas jury sides with a bitcoin miner that’s been making nearby residents sick from the loud data facilities. Next, Costco is the stock of the week and Tesla is the dog of the week. Meanwhile, the most star-studded Indian wedding that billions of money can afford. Lastly, the iconic Las Vegas casino The Mirage is closing its doors and needs to get rid of its prize money.

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00:00 - NYT Book List

3:00 - Inflation goin’ down

7:20 - Delta Air struggling

10:30 - Bitcoin mining is very noisy

14:00 - Dog: Tesla

17:20 - Stock: Costco

19:20 - The wedding to rule all weddings

22:00 - The Mirage closes shop

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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 $6.5B to bring its valuation to a whopping $150B as it launches a new model that is better at “reasoning.” Next, the once sought after gaming industry has faced a tough string of layoffs that is making it lose its luster. Meanwhile, Apple wants to tap into the health industry, starting with its AirPods that now be used as a hearing aid. Lastly, ever wonder what the National Security Agency is up to? Now the confidential agency is airing out all its dirty laundry with the launch of its own podcast. Juicy. Subscribe to Morning Brew Daily for more of the news you need to start your day, share the show with a friend, and leave us a review on your favorite podcast app.

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00:00 - Friday the 13th

02:30 - Bankers Hours Capped

07:15 - Boeing Strike

10:30 - OpenAI $150B Valuation

16:20 - Gaming Industry Layoffs

20:05 - AirPods as Hearing Aids

23:15 - The NSA Launches a Podcast

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Episode 354: Neal and Toby recap the 1st presidential debate between President Biden and Republican nominee Donald Trump. Then, the Supreme Court rejects the Purdue Pharma settlement that would’ve sent billions to treatment programs affected by the opioid crisis but shielded the Sackler family from any future lawsuits. The right move? Also, Amazon plans to launch its own fast-fashion service similar to Shein to maintain its hold as the top retailer. Next, Al Michaels is the stock of the week and Walgreens is the dog of the week. Meanwhile, a new study suggests that daily multivitamins don’t actually help with longer life. Lastly, the International Space Station has an expiration date and NASA has tasked SpaceX to take out the trash.

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