June 19, 2025

Meta Offers $100M to Poach OpenAI Talent? & Nippon Closes $14B US Steel Deal

Meta throws money at it & Nippon closes the deal

Episode 608: Neal and Toby recap the Fed meeting where Fed Chair Jerome Powell continues to hold rates steady. Then, Nippon closes its acquisition of US Steel with the US getting the rare ‘golden share’ of the deal. Also, Sam Altman is spilling the beans about Meta’s attempt to poach OpenAI’s talent with $100M offers. Meanwhile, Neal shares his favorite numbers: a new meme stock, the office supply, and the cost of being a sports fan nowadays. 


00:00 - Tune in for our branding deep dive!

2:30 - Fed keeps it chill

6:30 - Nippon closes the steel deal

11:00 - Meta tries to poach OpenAI talent

15:30 - Meme stock madness

18:10 - Office glut cleanup

21:00 - It’s expensive to be a sports fan

24:40 - Sprint Finish!


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