The Rundown TikTok Ban Upheld by Supreme Court, Bumble CEO Resigns
12 snips
Jan 17, 2025 The podcast dives into a potential TikTok ban ruled by the Supreme Court, stirring concerns in the tech world. It also discusses Bumble's CEO resignation, with the founder stepping back in to reinvigorate the company's stock. Meanwhile, the Inflation Reduction Act's impact on drug pricing for medications like Ozempic is analyzed. Listeners can expect insights into mining mergers and Rivian's stock surge as electric vehicle production ramps up. Plus, Duolingo is gaining traction with Americans eager to learn Mandarin amidst the TikTok controversy.
AI Snips
Chapters
Transcript
Episode notes
TikTok Ban Update
- The Supreme Court upheld the TikTok ban, but the Biden administration won't enforce it.
- Trump and some Democratic lawmakers are now pushing to extend the ban deadline.
Tech CEOs at Inauguration
- Many tech CEOs, including Elon Musk, Mark Zuckerberg, Jeff Bezos, and Tim Cook, will attend Trump's inauguration.
- NVIDIA CEO Jensen Huang is the only notable exception.
Drug Price Negotiations
- The White House is targeting 15 prescription drugs, including Ozempic and Wegovy, for price negotiations with Medicare.
- This could significantly lower drug costs for older Americans but impact drug makers' profits.