Google is planning its biggest acquisition ever...
July 16, 2024 [View Online]( | [Sign Up]( | [Shop]( [Morning Brew]( PRESENTED BY [Timeline Nutrition]( Good morning. Exotic new Airbnb opportunity just dropped: For the first time ever, scientists discovered a [cave on the moon,]( which they say could serve as an ideal base for future space explorers. Amenities include: - Protection from cosmic rays, extreme temperatures, and solar radiation
- Quiet street (itâs located in the Sea of Tranquility)
- Few tourists, even less gravity
- On-site waxing services
- Everything you need within rover distance
- Free parking, self check-in Jump on this opportunity before it wanes! âSam Klebanov, Molly Liebergall, Cassandra Cassidy, Abby Rubenstein, Neal Freyman MARKETS Nasdaq 18,472.57 +0.40% S&P 5,631.22 +0.28% Dow 40,211.72 +0.53% 10-Year 4.229% +4.0 bps Bitcoin $64,725.23 +5.65% Trump Media $40.58 +31.37% Data is provided by *Stock data as of market close, cryptocurrency data as of 9:00pm ET. [Here's what these numbers mean.]( - Markets: Stocks got a Trump [bump]( yesterday as investors grappled with the potential economic implications of the failed assassination attempt against the former president. Globally, investors bet that it put Donald Trump closer to winning, which could herald looser business regulations and tax cuts. And the stock with the biggest Trump tie, Trump Media & Technology Group, soared. Â POLITICS [TrumpâVance is officially the Republican ticket](
[J.D. Vance]( Dietsch/Getty Images Donald Trump chose Sen. JD Vance as his running mate, revealing the 39-year-old from Ohio as his [VP pick]( as the Republican National Convention kicked off in Milwaukee yesterday. The announcement came two days after Trump survived an assassination attempt that drew condemnation from both sides of the political aisle and prompted President Biden to pause his reelection campaigning. In the aftermath, Vance blamed the Biden campaign for the incident, claiming its vilification of Trump was a direct cause. Biden repeatedly condemned the shooting and ordered an independent review of security measures at the rally where it took place. From critic to MAGA companion Vance gained a national profile by chronicling his troubled upbringing in a low-income Ohio family in his best-selling memoir, Hillbilly Elegy. The book claimed the socioeconomic struggles of the community he grew up in stemmed largely from Appalachian culture, which he said made people defeatist and over-reliant on welfare. Published in 2016, the book was widely viewed as a primer for outsiders on why Trump appealed to Rust Belt voters. At the time of publication, Vance wasnât on the MAGA train: - He publicly compared Trump to [cultural heroin]( and privately likened him to [Hitler](.
- But Vance later embraced the former president, becoming one of his staunchest supporters and earning his endorsement when he successfully ran for Senate in 2022. The two have since been in sync on most issues, including promoting trade restrictions, allowing states to restrict abortion, and opposing the most recent Ukraine aid bill. VC Vance In addition to his career as an author and politician, Vance founded the venture capital firm Narya Capital, which backed the farmland investment app Acretrader. While Vance touted the [job creation fueled]( by Naryaâs investments, some of its portfolio companies have faced controversy. Indoor farm company AppHarvest recently agreed to settle for $4.85 million with investors who accused it of misleading them. Looking ahead: Vanceâs VC background could help the Trump ticket extend support among tech moguls. Last month, Vance helped organize a Silicon Valley fundraiser at the home of billionaire entrepreneur and MAGA supporter David Sacks, which raised $12 million for Trumpâs campaign.âSK PRESENTED BY TIMELINE NUTRITION [The body is a temple](
[Timeline Nutrition]( And your muscles are the pillars. This fact of life becomes even more apparent as you reach your 30s and beyond, when tasks like climbing stairs and carrying groceries begin to feel more like workouts than daily chores. Thereâs no better time to start thinking about aging and your health, because Prime Day is bringing [Timelineâs biggest sale ever to the masses](. Yep, for a limited time, [you can get 40% off Mitopure® supplements]( that support and strengthen muscles as you age. Theyâre clinically proven to re-energize you from the cell out with double-digit increases in muscle strength and enduranceâno change in exercise required. [Make Prime Day one for the ages](. WORLD [Tour de headlines](#)
[Boxes of documents in a Mar-a-Lago bathroom]US Department of Justice via Getty Images The classified documents case against Trump was dismissed. Judge Aileen Cannon [tossed]( the criminal case accusing Donald Trump of keeping classified documents after leaving office, handing Trump a big win before the Republican National Convention began yesterday. Judge Cannon ruled that the case could not proceed because the prosecutor, Special Counsel Jack Smith, was unlawfully appointed. Smith plans to appeal the decision, which embraces a legal theory rejected by judges in past cases. Some legal experts say that appeal could include asking the court to remove Judge Cannon, a Trump appointee whose rulings in favor of the ex-president led some critics to claim bias, from the case. Jerome Powell said the Fed wonât wait for 2% inflation to cut rates. The central bank [wonât wait]( to hit its inflation target before bringing interest rates down but wants to have âgreater confidenceâ that inflation will get there in order to make cuts, Powell said at the Economic Club of Washington, DC, in his first public event since Juneâs cooling inflation numbers came out. But donât get too excited: The Fed chair wasnât willing to get into specifics about when rate cuts might be coming. Hackers make Disneyâs internal Slack convos public. A purported hacker group called NullBulge [published]( 1.1 terabytes of data it claimed to have stolen from Disneyâs internal Slack channels (no word on how many of these conversations began with an ominous âhiâ with no additional info). The leaked communications include information about unreleased projects, and the group told the Wall Street Journal it targeted the company because of how it draws up artist contracts, its stance on AI, and its âpretty blatant disregard for the consumer.â Disney said it was investigating the matter. BIG TECH [Alphabet is planning its largest acquisition ever](
[Google office]( Images Two words that sound like dog behavior together represent a potential $23 billion deal: Google and Wiz. The search giantâs parent company, Alphabet, is in talks to acquire the cloud cybersecurity firm Wiz, an Andreessen Horowitz-backed startup that contracts with many of the worldâs largest companies, the Wall Street Journal [reported]( on Sunday. If Google and Wiz reach an agreement, which the New York Times reported appears likely, the deal would represent: - Googleâs most expensive acquisition ever, with a price nearly twice the $12.5 billion it paid for Motorola in 2012, its biggest deal before this (YouTube only cost $1.65 billion in 2006).
- The biggest exit opportunity for any tech startup since Rivian IPOâd in November 2021. The reported offer price is about double Wizâs valuation and would net the startupâs four founders, who previously worked in Microsoftâs Azure cloud division, ~$2 billion each. Google is beefing up its cloud biz. In its bid to compete with cloud leaders Amazon and Microsoft, owning Wizâwhich has worked with 40% of the Fortune 500, including Amazon and Microsoftâwould boost Alphabetâs cloud security features and selling points. Butâ¦only if the deal survives a strict antitrust landscape that sank Adobeâs attempted acquisition of Figma last year. Scrutiny is expected, since regulators already have their eye on Google. The company is currently facing two DOJ lawsuits.âML TOGETHER WITH MISO ROBOTICS
[Miso Robotics]( Remember when humans did that? [Miso Robotics]( solves one of the biggest problems in the $1t fast-food industry: the 3m-person worker shortage. Misoâs flagship robot, Flippy, helps fill the gap. Thatâs why top brands like White Castle automate with Miso Robotics. [Invest for a limited time and get up to 10% bonus stock](. SPORTS [Will the US be ready to host the World Cup?](
[Fans at Hard Rock Stadium for the Copa America final]( Meyer/Getty Images Until Sunday night, vents hadnât gotten so much screen time since The Suite Life of Zack & Cody. Now, viral [videos]( of fans entering Miamiâs Hard Rock Stadium through air vents to watch the Copa América final are a symbol of the chaos that mired the soccer tournament, prompting concerns that the US is not ready to [host]( the 2026 World Cup. If you missed it: As Argentina and Colombia prepared to face off in the final match, mayhem descended on the stadium, delaying the start by 82 minutes. - Hordes of fans pushed to the entrances, forcing the stadium to temporarily shut its gates.
- Security then gave up on checking tickets and allowed everyone to enter to avoid a stampede. After last weekâs semifinal in Charlotte, NC, Uruguay players jumped into the stands and brawled with Colombian fans while security struggled to control the situation. What it means: For those who considered Copa a dress [rehearsal]( for the World Cup, the snafu was an indictment of the USâ ability to safely host a large-scale soccer tournament, even though local authorities put the blame on CONMEBOL, the organizing entity for Copa América, for cutting corners. Ramón Jesurún, one of the vice presidents of CONMEBOL and the president Colombiaâs soccer federation, was arrested after Sundayâs game for allegedly attacking security guards at the stadium. The US still has a lot to figure out. While Sundayâs melee dominated social media, the other Big Problem is the [quality]( of stadium fields.âCC STAT [Prime number](#)
[A mother and child slide a 20 baht offering into a plastic sleeve.]Mailee Osten-Tan/Stringer/Getty Images Living in Thailand seems pretty sweet: Youâve got pristine beaches, lots of delicious noodle optionsâand soon, the opportunity to get a [cash handout]( from the government. Starting next month, eligible individuals can register to get a piece of the $14 billion the government plans to dole out as digital cash to spur economic growth. About 50 million citizens will be able to get 10,000 baht ($275) each under the Digital Wallet program. The program fulfills a central campaign promise of Prime Minister Srettha Thavisin, who believes the cash infusion will help inspire spending and push economic growth beyond the sub-2% rate itâs been at for a decade. But the plan is controversial, and critics say itâs not the best way to create sustainable economic development. NEWS [What else is brewing](#) - [Robert F. Kennedy Jr.]( whoâs running for president as an independent candidate, will get Secret Service protection because of the attempted assassination of Donald Trump.
- In more election news: [BlackRock]( pulled a 2022 ad filmed in a Pennsylvania classroom that featured Thomas Crooks, who allegedly shot at Donald Trump this weekend, as a student in the background. And [Elon Musk]( will reportedly donate $45 million a month to a pro-Trump group.
- [Apple]( released public beta versions of the newest software for iPhone, Mac, iPad, and Apple Watch.
- [Macyâs]( ended talks of a buyout with investment firms Arkhouse Management and Brigade Capital Management after months of wrangling.
- [Burberry]( is replacing its CEO and suspending its dividend as the British luxury brand known for its signature plaid warned that itâs expecting an operating loss for the first half of the year.
- [Goldman Sachs]( was the latest big bank to benefit from rebounding investment banking fees as deals start making a comeback.
- [Wiz Khalifa]( was arrested in Romania after smoking marijuana on stage. RECS
[Tuesday To Do List] Make connections: The professor who wrote the best-selling Bowling Alone talks about [how to beat loneliness](. Nerd out: How computers [changed poker](. Get ready to argue: ESPN has started naming its top [100 athletes of the century](. The partyâs over: The lavish wedding of the son of Asiaâs richest person has [finally wrapped up]( after months of celebrations. Hereâs what everyone (Kardashians included) [wore](. Back in stock: Our best-selling [Excel Deskpad]( is back. Once you have these Excel hacks right below your screen, youâll never go back. Stay cool + caffeinated: With this heat, [cold coffee]( is a must. Get an assortment of the best coffees to serve over ice with [Trade]( *A message from our sponsor. GAMES [The puzzle section](#) Brew Mini: âSeltzer brand with a white bear logoâ (five letters) is your sample clue of the day. If you know it, [head here to complete the rest of the puzzle](. Prime Day Price Is Right Prime Day is here, and we scoured all the early-bird dealsâ¦for todayâs trivia category. This will work like The Price Is Right: Weâll give you a product that had an early Prime Day deal yesterday, and you have to guess the price (after the discount) without going over. 1. HP DeskJet 2855e all-in-one printer, scanner, and copier 2. Stanley Quencher 30-ounce travel tumbler 3. Kitchen Aid Series 5 stand mixer 4. Cozy Earth waffle bath sheets (note: these are fancy) 5. Apple AirPods Max SHARE THE BREW [Share Morning Brew]( with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag. Weâre saying weâll give you free stuff and more friends if you share a link. One link. Your referral count: 0 [Click to Share]( Or copy & paste your referral link to others:
[morningbrew.com/daily/r/?kid=4904f90a]( ANSWER - $49.99
- $35
- $349.95
- $112
- $429.95 Word of the Day Todayâs Word of the Day is: pristine, meaning âunspoiled.â Thanks to Lucy from San Diego, CA, for the fresh suggestion. Submit another [Word of the Day here](. â³ï¸ A Note From Miso Robotics This is a paid advertisement for Miso Roboticsâ Regulation A offering. Please read the offering circular at [invest.misorobotics.com](. Written by [Neal Freyman]( [Abigail Rubenstein]( Sam Klebanov, [Molly Liebergall]( and [Cassandra Cassidy]( Was this email forwarded to you? Sign up [here](. Interested in podcasts? - Check out ours [here]( [ADVERTISE]( // [CAREERS]( // [SHOP]( // [FAQ]( Update your email preferences or unsubscribe [here](.
View our privacy policy [here](. Copyright © 2024 Morning Brew. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011