Murdoch 'Succession' Drama's Grand Finale & Florida's Train of the Future?
Sep 22, 2023
28:42
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Rupert Murdoch steps down as chair at Fox, handing power to son Lachlan. The hosts also discuss Florida's new high-speed passenger rail line and compare train vs. car. They touch on Splunk's acquisition by Cisco and the release of OpenAI's DALL·E 3. Controversy over expensive airport food is also discussed.
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Quick takeaways
Rupert Murdoch has stepped down as chairman of Fox Corp and News Corp, handing over power to his son Lachlan, potentially signaling future power shifts among Murdoch's other children.
The Brightline train in Florida, the first private passenger rail line in the US in over a century, offers a faster transportation option between Miami and Orlando, completing the journey in about 3.5 hours.
Deep dives
Rupert Murdoch steps down from Fox Corp and News Corp
Rupert Murdoch, the media mogul who ran a global media empire for seven decades, has stepped down as chairman of Fox Corp and News Corp. Murdoch's media properties, including newspapers like The Wall Street Journal and TV stations like Fox News, have been influential in shaping public opinion. His eldest son, Lachlan, is set to take over the reins for now, but there is speculation about potential power shifts among Murdoch's other children in the future.
Canada-India tension threatens travel and trade
Tensions between Canada and India have escalated after Canadian Prime Minister Justin Trudeau accused the Indian government of assassinating a Canadian citizen in British Columbia. India has angrily denied the claim and has suspended visa applications from Canadians, impacting travel and trade between the two countries. This development has strained their strong economic ties and could have significant implications for tourism and education.
Brightline introduces the first private passenger rail line in over 100 years
The Brightline train, which runs between Miami and Orlando in Florida, will become the first private passenger rail line in the US in over a century. With a top speed of 125 miles per hour, the train will complete the 235-mile journey in about 3.5 hours, making it a faster option than driving. Brightline's owner, Fortress Investment Group, has invested over $5 billion in this project, aiming to provide a convenient transportation option between Florida's major tourist hubs.
Episode 153: Neal and Toby discuss Rupert Murdoch stepping down as chair at Fox and handing over power to his son Lachlan. Talk about 'Succession' lore. Plus, they get into the biggest business headlines from a week filled with geopolitical news. And also Florida's new high speed passenger rail line debuts after 11 years in the making. The guys share their stock and dog of the week, and how AI is creating images out of thing air. Finally.... what's the deal with expensive airport food?