Execs Jump Ship as OpenAI Goes For-Profit & The $100K NIL Controversy

Execs Jump Ship as OpenAI Goes For-Profit & The $100K NIL Controversy

Episode 419: Neal and Toby discuss OpenAI’s restructuring into a for-profit company and why most of their executive team has decided to leave. Then, federal prosecutors charge NYC Mayor Eric Adams for allegedly accepting illegal bribes from foreign entities. Plus, a college football QB has decided to leave UNLV because he was promised $100K but the team it never happened. Meanwhile, long-time co-host of the ‘TODAY’ show Hoda Kotb announces her leaving after hitting a new milestone in her life. Lastly, another low-cost airline is reaching out to budget fliers looking to score a trip to Europe for under $100. 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. To learn more about how Wise could work for your business, visit https://wise.com/business/ Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Hurricane Helene 02:00 - OpenAI Shakeup 07:00 - NYC Mayor Indictment 13:20 - $100K QB NIL Conflict 18:30 - Hoda Kotb Leaving 'Today' Show 22:50 - Fly to Europe for Under $99 Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(829)

Winners and Losers of Shutdown Ending & Last-Ever Penny Minted

Winners and Losers of Shutdown Ending & Last-Ever Penny Minted

Episode 713: Toby and Ann dive into the ending of the longest government shutdown in US history. But while federal workers and programs start up again, the ripple effects of its impacts may be far-rea...

13 Nov 202529min

SoftBank Dumps Nvidia for OpenAI & Reward Cards No Longer Accepted?

SoftBank Dumps Nvidia for OpenAI & Reward Cards No Longer Accepted?

Episode 712: Toby and Kyle dive into SoftBanks big move to sell its stake in Nvidia to re-focus its investment to OpenAI. Then, Visa and Mastercard reach a settlement over a 20-year dispute with merch...

12 Nov 202527min

Author Michael Lewis on 10 Years of “The Big Short," AI Bubble, and Sports Gambling

Author Michael Lewis on 10 Years of “The Big Short," AI Bubble, and Sports Gambling

Episode 711: Neal and Toby chat with author Michael Lewis to talk about the 10th anniversary of “The Big Short” movie and the lines drawn from the 2008 financial crisis to today. Then, Michael shares ...

11 Nov 202537min

Is OpenAI Too Big to Fail? & Shutdown Takes Step Towards End

Is OpenAI Too Big to Fail? & Shutdown Takes Step Towards End

Episode 710: Toby and Kyle discuss whether OpenAI is becoming too big to fail as there’s been rumblings about a government backstop for its AI-fueled debt. Then, President Trump proposes a 50-year mor...

10 Nov 202527min

Musk Wins His $1 Trillion Pay Package & October Layoffs Hit 22-Yr High

Musk Wins His $1 Trillion Pay Package & October Layoffs Hit 22-Yr High

Episode 709: Neal and Toby discuss a report that showed October was the worst month for layoffs in over 20 years. Then, Elon Musk prevails in the battle over this $1 trillion pay package. Meanwhile, E...

7 Nov 202531min

FAA Slashes 10% of US Flights & Data Centers in Space?

FAA Slashes 10% of US Flights & Data Centers in Space?

Episode 708: Neal and Toby dive into the ripple effects of the now longest US government shutdown in history. Then, Whole Foods is experimenting with some new store concepts that include robot power a...

6 Nov 202530min

What Mamdani's Win Means for Wall Street & Tariffs Head to the Supreme Court

What Mamdani's Win Means for Wall Street & Tariffs Head to the Supreme Court

Episode 707: Neal and Toby recap Zohran Mamdani’s victory to become the next mayor of NYC and how Wall Street is reacting. Then, the Supreme Court hears arguments to decide whether Trump’s sweeping ta...

5 Nov 202528min

Tylenol Maker Bought for $40B & Coke Doubles Down on AI Ads

Tylenol Maker Bought for $40B & Coke Doubles Down on AI Ads

Episode 706: Neal and Toby discuss the acquisition of Kenvue, the maker of Tylenol, by Kimberly Clark. Then, Palantir reports a strong Q3 as their government sales surges. Also, Shein bans the sale of...

4 Nov 202528min

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