Morning Brew Daily Apple Wants to be Your Bank, $776M for Angry Birds?!, Hamburglar Returns
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Apr 18, 2023 Apple is shaking up banking with a new high-yield savings account in partnership with Goldman Sachs, challenging traditional banks. The show dives into the Hollywood writers' potential strike over compensation, linking it to past labor movements. Rovio's gaming giant status takes a hit with a massive $776 million acquisition, leaving fans curious about its future. On TikTok, creators are embracing Wes Anderson's aesthetic, while fast food rivalries heat up. And with Tax Day upon us, get ready for some surprising tax facts that you might not know!
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Shop Around for Savings
- Shop around for the best interest rates on savings accounts.
- Higher interest rates make it an attractive time to save.
Apple's Savings Account Strategy
- Apple is leveraging its trusted brand to offer high-yield savings accounts.
- This is a strategic move to compete with online banks that lack physical branches.
Apple Card Experience
- Toby Howell opened an Apple savings account and got the Apple Card due to the high interest rate and ease of use.
- Goldman Sachs, Apple's partner, has lost over a billion dollars on the partnership.