Market Fire is the #1 fastest growing business podcast. Every week, The Big Man and Danny Bombay break down the most epic news stories and offer searing commentary on the incredible stories taking place in the marketplace.
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Recorded Live on 11/15/2022
Subway is replacing workers with machines. Smartest decision theyve made since hiring Jared: https://www.cnn.com/2022/11/14/business/subway-grab-and-go-fridges/index.html (https://www.cnn.com/2022/11/14/business/subway-grab-and-go-fridges/index.html)
A little late to the party?: https://www.al.com/life/2022/11/mike-tyson-evander-holyfield-team-up-for-holy-ears-an-edible-cannabis-product.html (https://www.al.com/life/2022/11/mike-tyson-evander-holyfield-team-up-for-holy-ears-an-edible-cannabis-product.html)
Another billionaire promises to give away his wealth…waiting for the real reason: https://www.axios.com/2022/11/14/jeff-bezos-give-away-124b-fortune-climate-change (https://www.axios.com/2022/11/14/jeff-bezos-give-away-124b-fortune-climate-change)
The FTX well gets deeper: https://deadspin.com/ftx-s-collapse-cost-a-who-s-who-of-pro-athletes-sport-1849781199 (https://deadspin.com/ftx-s-collapse-cost-a-who-s-who-of-pro-athletes-sport-1849781199)
11 Nov 2022
It's Layoff Season - Ep 75
Recorded Live 11-09-2022
1. Meta is laying off more than employees than Elon and no one cares
a: https://www.cnbc.com/2022/11/09/meta-to-lay-off-more-than-11000-thousand-employees.html
b: https://fortune.com/2022/11/08/elon-musk-twitter-paywall-could-sound-the-death-knell-experts-warn/
2. Nice. Apple can afford it: https://www.nbcnewyork.com/news/national-international/former-apple-employee-admits-to-defrauding-tech-giant-of-17-million-over-seven-years/3933835/
3. Paper wealth is taking a beating this season: https://finance.yahoo.com/news/sam-bankman-fried-no-longer-014407946.html
4. Carvana: The Scam that keeps getting more awesome
a: https://jalopnik.com/carvana-s-stock-has-sunk-98-percent-since-its-peak-1849756828
b: https://www.kbb.com/car-news/tesla-finds-a-workaround-for-state-laws-dealerships-on-tribal-lands/
5. Poor Tax Prize of $2B delayed drawing… a Republican must have won? https://www.cnn.com/2022/11/08/us/powerball-lottery-record-delayed-drawing-tuesday-trnd
4 Nov 2022
Let That Sink In! - Ep 74
Recorded Live 10-31-2022
LET THAT SINK IN - Elon closes Twitter deal. First time in Market Fire history we were wrong. Last time also: https://www.theverge.com/2022/10/29/23430332/elon-musk-twitter-reportedly-ordered-company-wide-layoffs (https://www.theverge.com/2022/10/29/23430332/elon-musk-twitter-reportedly-ordered-company-wide-layoffs); https://www.theverge.com/2022/10/30/23431931/twitter-paid-verification-elon-musk-blue-monthly-subscription (https://www.theverge.com/2022/10/30/23431931/twitter-paid-verification-elon-musk-blue-monthly-subscription) ; https://uk.finance.yahoo.com/news/jack-dorsey-bluesky-social-app-twitter-050005805.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr (https://uk.finance.yahoo.com/news/jack-dorsey-bluesky-social-app-twitter-050005805.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr) ; https://www.tmz.com/2022/10/28/twitter-layoffs-hoax-pranksters-trick-media-outlets-pose-fired-employees-elon-musk/ (https://www.tmz.com/2022/10/28/twitter-layoffs-hoax-pranksters-trick-media-outlets-pose-fired-employees-elon-musk/)
Bing was useless, but if Microsoft pivots it into an online graphics creators suite powered by AI, it can actually make it mean something: https://www.windowscentral.com/software-apps/bing/dall-e-2-ai-image-generation-is-coming-to-microsoft-bing#:~:text=Microsoft%20has%20announced%20a%20new%20feature%20coming%20to,image%20based%20on%20keywords%20entered%20by%20the%20user (https://www.windowscentral.com/software-apps/bing/dall-e-2-ai-image-generation-is-coming-to-microsoft-bing#:~:text=Microsoft%20has%20announced%20a%20new%20feature%20coming%20to,image%20based%20on%20keywords%20entered%20by%20the%20user) ; https://www.cnet.com/tech/services-and-software/microsoft-launches-ai-powered-graphic-design-app-and-more (https://www.cnet.com/tech/services-and-software/microsoft-launches-ai-powered-graphic-design-app-and-more/)
Great balls of fire, the fake deli man has a more than one VERY REAL shell company: https://www.cnbc.com/2022/10/26/100-million-nj-deli-defendant-makes-2500-a-month-from-shell-company.html (https://www.cnbc.com/2022/10/26/100-million-nj-deli-defendant-makes-2500-a-month-from-shell-company.html)
There are conflicting reports that Paypal ‘accidentally’ added this and removed it, and added it back: https://bitcoinmagazine.com/business/paypal-fines-up-to-2500-for-intolerance-bitcoin-fixes-this (https://bitcoinmagazine.com/business/paypal-fines-up-to-2500-for-intolerance-bitcoin-fixes-this)
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