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Speaker 1: National Association Member FDIC.

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Speaker 2: How you feel about the TikTok takeover potentially?

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Speaker 3: I just want to see this finally get done, to

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Speaker 3: see what Larry has positioned himself. Well, while I was

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Speaker 3: talking to stock Club about this, I remember when it

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Speaker 3: was supposed to be Microsoft and that fell out of favor.

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Speaker 4: Thank god they had to open their investment.

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Speaker 3: I just wonder what that algorithm will look like and

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Speaker 3: if it will deliver the same potency of information that

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Speaker 3: was coming out. I even think TikTok's main algorithm is

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Speaker 3: getting watered down some But I think it's a great hedge.

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Speaker 4: But I think.

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Speaker 3: And hid insight it was smarter Microsoft to not to

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Speaker 3: continue to fight for that and get that the real

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Speaker 3: ip that matters, which is the partnership wul open Aie. Well,

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Speaker 3: what do you guys think about it?

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Speaker 5: It's interesting the t leaves were there.

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Speaker 1: We talked about it in January Posed the clip, talked

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Speaker 1: about it in July Posed the clip. The t leaves

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Speaker 1: were there for Oracle, for sure, that was one of

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Speaker 1: those deep dives. What they already if you watch the

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Speaker 1: stock from twenty twenty to where they at now, you

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Speaker 1: can see the impact that they've had in terms of

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Speaker 1: using the cloud service. But there's another company privately hell

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Speaker 1: that nobody talks about and we should.

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Speaker 5: When you talk about reaction.

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Speaker 1: If if you look at the tea leaves of who

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Speaker 1: the partnerships are, Yes, you see Oracle's name a lot,

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Speaker 1: you see open Ai. But there's a private company by

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Speaker 1: the name of silver Lake tilver Lake Capital. So let's

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Speaker 1: do like now I had to go down to deep dive.

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Speaker 1: All right, Well, let's think about this right when we

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Speaker 1: talk about Stargate. It originally started a soft bank open

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Speaker 1: Ai and Oracle. Later on, silver Lake became a part

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Speaker 1: of that ownership group and they said, all right, here

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Speaker 1: comes the data centers. All right, so now silver Lake

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Speaker 1: has data centers, right with the Stargate thing. Then the

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Speaker 1: TikTok deal comes around and you look at the names

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Speaker 1: of the ownership and the staties involved, right, and you

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Speaker 1: saw Oracle and then you saw silver Lake. All right,

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Speaker 1: so now they got Stargate, they got the data centers,

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Speaker 1: they got TikTok.

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Speaker 5: Now they have a user base and data from that.

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Speaker 1: Then you start pulling that the leaves a little bit further,

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Speaker 1: and you talk about a company that has had a

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Speaker 1: great year, right endeavor obviously with the WWE and the UFC,

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Speaker 1: and you think about who's funded them. Yep, silver Lake again,

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Speaker 1: so now they have entertainment. This is an entertainment conglomerate.

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Speaker 5: Right.

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Speaker 1: And then when the news came out today about EA Sports,

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Speaker 1: and we'll talk about some of the owners that a

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Speaker 1: billion dollar deal. Some some of those people are close

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Speaker 1: to the president. Civil likes part of that as well.

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Speaker 1: And so now you're looking data centers. You're looking at

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Speaker 1: data from a user standpoint, You've got entertainment right with

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Speaker 1: Endeavor and now EA, So like, why are they connecting

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Speaker 1: all of that?

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Speaker 5: What does a bigger play here? There's a bigger play

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Speaker 5: here when we're.

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Speaker 1: Talking about what Larry Ellison did and David Elson did

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Speaker 1: in terms of grabbing paramount right and well potentially next

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Speaker 1: having Warner Brothers. They've got a media conglomerate that's a

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Speaker 1: goodmb of the now biggest of all time. That's of

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Speaker 1: the now we're talking about streaming right, but the next

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Speaker 1: wave that we might be going down is in this

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Speaker 1: space of AI in terms of metaverse right al.

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Speaker 5: Turnative re up.

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Speaker 1: And so now they have the data with TikTok, they

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Speaker 1: have the data centers to help get the infrastructure off

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Speaker 1: the ground. They have UFC and entertainment. Now they have

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Speaker 1: video games.

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Speaker 2: Right.

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Speaker 1: So if you don't know, and we all grew up

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Speaker 1: in that era where we played EA sports is in

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Speaker 1: the game right we that we played live They got

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Speaker 1: out of field, which most people don't even realize has

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Speaker 1: past call of duty in terms of amount of users.

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Speaker 1: They have all of that at their domain to now

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Speaker 1: create a bigger media conglomerate that will be the media

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Speaker 1: climate of the future right that the way they're looking

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Speaker 1: at this is ten to fifteen years down the line.

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Speaker 5: Yes, streaming Elise and they've taken that.

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Speaker 1: We've seen everybody at the highest level grab media. We

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Speaker 1: saw Bezos grab Mediabviously Elon has grad media. But this

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Speaker 1: for the highest level, this is the futuristic way that

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Speaker 1: I see them thinking about it.

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Speaker 5: We took entertainment, we took gaming in AI.

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Speaker 1: We have the data centerce we have the user base

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Speaker 1: with TikTok, We already have what we're going to build

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Speaker 1: in terms of AI for the infrastructure. They're putting this

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Speaker 1: whole thing together. Nobody talks about them. I looked up

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Speaker 1: the CEOs. You would never if they walked past.

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Speaker 3: You on you and know and more importantly mind chair,

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Speaker 3: because if I have you when you get off Battlefield

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Speaker 3: or whatever game you play on EA and TikTok and

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Speaker 3: what you're watching I have, I have eighty percent of

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Speaker 3: your mind share.

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Speaker 6: Also, okay from an investment standpoint for sure, But do

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Speaker 6: you feel comfortable with the TikTok deal.

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Speaker 3: That's above my pick grip. I haven't got my build

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Speaker 3: to Burke left. I got my van guard, but and

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Speaker 3: what's the what regard.

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Speaker 1: And then and then the US I guess investment walking

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Speaker 1: with this, this new group of investors having the data

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Speaker 1: as opposed to what they thought China might have the data.

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Speaker 5: Shat in that sense.

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Speaker 4: Okay, we A part of this.

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Speaker 5: Is though, yo, I'm yo, i'mnat.

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Speaker 1: You can I tell you something part about conversation yesterday?

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Speaker 1: Uh so Rabbit tells he's the story and I was

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Speaker 1: we were talking about cybersecurity because he's made a I mean,

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Speaker 1: he's probably the number one person in terms of cyber

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Speaker 1: security in the country. And how you know, we always

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Speaker 1: talk about safety and safety and safety. He's like, you know,

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Speaker 1: there was a time in the late nineties where we

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Speaker 1: won't name the company, fastold company offered a hamburger and

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Speaker 1: in exchange if you if you.

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Speaker 5: Gave them.

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Speaker 2: The company company said it.

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Speaker 1: So McDonald's had this offer, like, will give you a hamburger, cheeseburger,

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Speaker 1: whatever it was.

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Speaker 5: It was two years ago. I was always a little

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Speaker 5: longer than that. Two years ago.

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Speaker 1: We'll offer you a cheeseburger, hamburger in exchange for your name,

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Speaker 1: your first name, your last name in your address. And

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Speaker 1: he said, how many people do you think did that

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Speaker 1: took the Burger m seventy two percent of the people

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Speaker 1: gave away the information for Hamburger, And we're thinking about, Hey,

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Speaker 1: what should we feel comfort or safe with a company

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Speaker 1: having our data?

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Speaker 5: They already have it, so.

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Speaker 2: But do we feel comfortable with the TikTok deal?

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Speaker 3: To be very honest, I think we're not getting the

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Speaker 3: purest products, which is a Chinese algorithm. We're getting a

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Speaker 3: derivative work stepped on those who are in the underworld.

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Speaker 4: Do I feel comfortable with it?

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Speaker 3: No?

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Speaker 4: I get the ideal. But if we are at war

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Speaker 4: with China and we go to China.

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Speaker 3: And say we have to break this up because you're

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Speaker 3: having influence over American users, that's a double edged sword.

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Speaker 3: But to then not get the real algorithm, it's interesting.

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Speaker 3: Unless you want to control the thought process of the

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Speaker 3: people war on set app in the country, you're still

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Speaker 3: not getting the real thing. It's like when the Christler,

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Speaker 3: you getting the Christler three hundred CE.

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Speaker 2: So okay.

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Speaker 6: So from a standpoint of this, right, the richest person

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Speaker 6: in the world owns X, the second richest person in

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Speaker 6: the world is trying to buy TikTok.

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Speaker 4: Let's see where you're going. Yeah, Basos with Washington Post.

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Speaker 6: The third richest person in the world owns Instagram, Facebook

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Speaker 6: and WhatsApp. The fourth richest person in the world owns

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Speaker 6: the Washington Post. We live in a society where less

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Speaker 6: than ten people control ninety eight percent of the narratives

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Speaker 6: and stories that we're actually consuming. Buyers of potential buyers

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Speaker 6: of TikTok. Rupert Murdoch is part of the group. Also, Yeah, yep,

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Speaker 6: Larry Ellison. X has already been taken over by far

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Speaker 6: right wing ideology. It's pretty much maga X. Stay should

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Speaker 6: change the name of X to MEGA. If you go

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Speaker 6: on it, you know who has the most followers on X.

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Speaker 6: How's that happen? It is exactly Make sure when you

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Speaker 6: go on X, you'll see the first thing you'll see

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Speaker 6: it's the most right wing. It's not by accident. They control.

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Speaker 6: They control what you actually are seeing on your timeline.

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Speaker 6: It's a it's a right wing platform, TikTok. It's headed

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Speaker 6: in that direction for sure if this deal goes through.

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Speaker 6: So now you have TikTok and you have Twitter X,

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Speaker 6: which essentially will be used.

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Speaker 4: As a propaganda tool for.

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Speaker 6: Right wing ideology of this administration for sure, and any

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Speaker 6: other right wing ideology that needs to be pushed. That's

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Speaker 6: concerning and it's dangerous. So do you feel comfortable, of

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Speaker 6: course not. How can I feel comfortable if it's concerning

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Speaker 6: and dangerous.

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Speaker 5: Just making sure.

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Speaker 1: I mean, I feel like people are living in it.

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Speaker 1: I don't even think they're even thinking of it at

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Speaker 1: that level. And that's just the mind frame of the

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Speaker 1: person that is Yeah, I'm just trying to survive. They're

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Speaker 1: not even realizing that these type of chess pieces. It's

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Speaker 1: like you're controlling the mind of people on every level

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Speaker 1: like that. If I get the kids at TikTok, if

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Speaker 1: I don't get them on TikTok, I'm gonna get them

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Speaker 1: in game.

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Speaker 5: I'm gonna grab him there, right.

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Speaker 1: So, like Jared Kushner is part of that ownership group

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Speaker 1: for EA, right Affinity Partners.

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Speaker 5: He's the CEO of Affinity Partners.

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Speaker 1: For those who are not to know, he's the CEO

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Speaker 1: of Infinity Partners that just put that that group together

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Speaker 1: for fifty five billion to acquire EA.

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Speaker 5: That's not by mistake, Nope.

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Speaker 4: Yeah.

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Speaker 3: The name of the game in America has always been

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Speaker 3: a monopoly, though, it's just not hitting how it.

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Speaker 5: Used to be.

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Speaker 1: That's true for those who again, let's go for Jared

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Speaker 1: Kushner is the son in law of the current President

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Speaker 1: of the United States.

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Speaker 6: And for the people that's like, okay, well, it's not

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Speaker 6: concerning when the left wing has it. I'm just gonna

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Speaker 6: be honest with you. I'm a black man in America.

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Speaker 6: I don't agree with a lot of this stuff that

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Speaker 6: the left does. But the right is way more dangerous.

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Speaker 4: And the left never had majority of control of the media.

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Speaker 6: That's fucking this shit that we had it too right

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Speaker 6: now is Kolcus Klan country.

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Speaker 2: That's a fact, So pick your poison.

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Speaker 6: But anybody that's trying to rationalize racism is dangerous and

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Speaker 6: that's what's happening every single day.

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Speaker 4: That's the core principles of American philosophy.

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Speaker 5: Earners, what's up.

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Speaker 1: Look, this episode is brought to you by Square Banking.

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Speaker 1: One of the things we love most is seeing neighborhood

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Speaker 1: businesses level up. This this West Indian spir righting our

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Speaker 1: community that started with a small takeout counter. Now with

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Speaker 1: Square they've been able to expand into a full sit

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Speaker 1: down restaurant and even started catering events across the city.

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Speaker 1: That's the kind of growth that inspires us and it's

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Speaker 1: powered by Square. Square is built for all types of businesses,

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Speaker 1: from the corner bagel shop that turned into a local chain,

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Speaker 1: to the specialty market with thousands of unique items, to

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Speaker 1: the stylists who's been holding you down for years. With

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Speaker 1: Square banking, growth gets easier. You've got more control over

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Speaker 1: your cash flow, access to capital right in the same

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Speaker 1: system you're already using to run your business, and with

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Speaker 1: a free Square savings account, you can automatically set aside

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Speaker 1: a portion of your sales for upgrades, taxes, and those

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Speaker 1: slow seasons, setting yourself up for long term success and

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Speaker 1: when it's time for the next big move. Square makes

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Speaker 1: it simple to get approved with a Square loan based

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Speaker 1: on your actual business performance. No long ways, just quick

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Speaker 1: access to capital. In fact, eighty eight percent of businesses

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Speaker 1: with Square loans report growth.

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Speaker 5: So go to Square.

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Speaker 1: Dot com slash go, slash ey l to learn more

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Speaker 1: about how your business can grow with Square. That's s

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Speaker 1: q U a r e dot com slash g O,

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Speaker 1: slash e y L.

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Speaker 5: Block Inc. Is not a bank.

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Speaker 1: Banking services provided by Square Financial Services, Inc. And Setting

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Speaker 1: Bank members. FDIC loans are subject to credit approval,