Weekly Business News for May 17 | Elon Musk: The Most Scrutinized Man in the World?

This is the story of the one. As a custodial supervisor at a high school, he knows that during cold and flu season, germs spread fast. It's why he partners with Granger to stay fully stocked on the products and supplies he needs, from tissues to disinfectants to floor scrubbers, also that he can help students, staff and teachers stay healthy and focused. Call 1-800-BRanger, click Granger.com or just stop by. Granger, for the ones who get it done. This is right about now with Ryan Allford, a Radcast Network production. We are the number one business show on the planet with over 1 million downloads a month. Taking the BS out of business for over six years and over 400 episodes. You ready to start snapping necks and caching checks? Well, it starts right about now. What's up guys? Welcome to right about now. It's Friday, May 17th, 24th. We're taking the BS out of business baby and our weekly marketing and business news of the week. Join by my good friend Chris Hansen down in the VK Lounge in Miami. What's up Chris? It's another beautiful Friday in Miami. Hey. How's G Vegas? G Vegas is good. We're expecting all kinds of new things in the studio. It's hard here's got us a nice design on the background there. I'm just feeling like we're just all groans up here. You guys it's a new look every time we log on. I'm jealous. I'm just here in my corner with my bamboo plant. Exactly. Still number one. That's why this belt sits here. The day we aren't number one for a six month period. We'll take the belt away. We'll store the way we'll send it to whoever is. But we appreciate you for listening and keeping us at the top of the charts on Apple. Maybe go hit us on Spotify. Like hovering like top 30 over there. We need to be top. Give us a Spotify love. You can download us anywhere. Just set it to auto download on both platforms. Do you never know? Some platform could go down or something. And you want to make sure you can catch it. Yeah. Catching on that flight. Exactly. Exactly. We appreciate you wherever you are, whenever you are, however you are. Or weekly news. We try to keep it topical. We like to take the bullshit out and make a little educational entertaining. This isn't breaking news. But we like to pull the articles that we feel like you should know about. Give a little insight into what we think it really means. Sometimes reading in between the lines. That's the kind of the story here. Sometimes a story isn't just what it's saying. Sometimes it's what it's not saying. We like to get underneath it. This first article comes from a man that makes the news a lot. Elon Musk, the CEO of SpaceX and Tesla. Nelson Friday that subscribers can upload podcast TV shows or films on X. Formerly known as Twitter and make money through monetization. The tech entrepreneur responded to his sister. Tosca Musk, who is a co-founder of the streaming site Passion Flix by stating that users can now upload their full length films to X. Going to watch a whole movie on the social media platform. Another platform to upload to. Yeah, I would add one more to the list. I always liked Twitter slash X. Maybe one day it wouldn't be able to call it X. But it's still Twitter slash X. But just a little statement like threads is now like it's. It's the thought of the day simple note or. Hey, you're a reporter. You're on site somewhere. You just saw something a quick blip, right? But now no, we're going to have full length movies. Tweet about that. Oh, come on, man. And I know why they're doing it time on site. They would just trying to be catch off for everything. I think even Elon said he ultimately wanted the platform to be that. I like what he's attempting to do with free speech stuff. And weeding out some stuff. I don't know how successful that is. But I admire his progress and or ambition. I just don't need somewhere. Junk it up like my feed. I like my feed being tied on Twitter like just insightful quips, little bits of knowledge, little quotes. It isn't one thing I will say about threads when I go spend a little bit of time over there. It's at least clean. I agree. I don't know. Slippery. Twitter is getting very crowded. Yes. If you try to click on someone's tweet, most of the comments below it are just ads pushing you to another account. Yes. That's not even related to the original post. It's getting very cluttered. And there's people smarter than me. There's probably people listening that are agreeing with us. I imagine. But obviously they have data folks smarter than we are with the algorithm and all that. But at its core though, it's just like when do you run out of like space and mental energy like when you're in the platform and because just like you said, you used to get on and I could see a few like cool quotes from people I'm following or insights or news like just really easy to digest. Now you've got the threads within the comments within the things. Like you said, a lot of it's got junk ads or whatever. This is not a clean experience that UI is not optimal to me right now. And so again, smarter people that know what they're doing probably thinking through these things, but my first world experience called a focus group of one is not ideal these days and keeps me from going to the platform more. I'm right there with you, bro. So you said it in a great way where it's my go to app if I just want like a little taste and not be fully overwhelmed with content. Yeah. And now that app and we used to talk about threads, we didn't think it was super doing anything new. Yeah. Now I found myself more in threads when I just want to read quotes. So there's a simple yeah. And this is the reason usually why the spin offs for these social platforms become a different app because if you're going to do full length video, that are they need to have like tiles. If you think about like on a spreadsheet, you have tabs. Give me the simple tab for X like just the copy. If you want to have that full length movie thing over here, have it over here in this column and I could choose to see it or not or whatever. Let me organize my experience, personalize it. Now, I get why they wouldn't do that because they want you and I and everybody to get exposed to that video or those movies. So it fights against it. And look, we are somewhat squabbling over a free app that we don't pay for. We got to get what we get. But if they want our opinion, it's called kiss, keep it simple stupid. We'll see. And look, I don't mind an ad between those quotes. I get it. Maybe it's going to get paid. You got to have money to make that app. I get it. You got to make a profit. But give me some motivation. Warm me up. I need some motivational lube on the way down to the ad before you hit me over the head. You don't talk about Chris. I know. Anyway, there's no finesse on the Twitter ads. It's just in your face. Watching a video about puppies. And then I actually see a lot of adult income. Yeah. Cheech and Chong company. Yeah. I'm like, how is this related? It's because you went to the website. If you search something, you're in the, you're in the, the vortex. How does got me, bro? Yeah. How does got to you? They got you. There you go. First article. I think first human brain chip implant experienced a problem. Weird. It is weird. And I'm going to say this before I get into the article. Innovations messy. These guys are trying to help quadriplegics walk that have a terrible quality of life. And to do things and to have experiences that you don't have. So we can beat up on every miss. The premise here is a good one. And the intent is right. So before I'm going to beat up on anything that obviously you want there to be thorough checks and balances for this kind of stuff. And I'm sure the watch dogs out there would say that's what they're doing. But let's just not kill innovation. Because I'll say this. If laboratories and everything else that we use today had the scrutiny in the news that there is today on everything that this guy does, we wouldn't have many of the conveniences that we have today because just a scrutiny that would have gone into it. And don't go on. There needs to be scrutiny. But the public like public scrutiny is a different thing than the FDA or something. You know, the people checking behind things. So with that said, this comes to us from Mashable. Elon Musk's medical tech company didn't disclose the issue until they were pressed according to the report. It is fair to call neural links first human implant a success as it helped the quadriplegic patient interact with his surroundings in ways that he previously couldn't before. However, until this report on Wednesday, the public had not been informed of a problem that resulted in neural link even considering removing the implant. Some of the implants threads placed in the patient's brain had come out resulting in data loss. Again, obviously things have gone a lot worse. And neural links first implant as far has been considered a successful endeavor. But they just want more transparency. So, okay, it's been a success. They weren't trying. I don't know what the expectation is. Like, why is what are the critics want? And what no more? And what do they owe us? What knowledge of this do they owe us? They owe us any of this? I was thinking that too. There's governing bodies probably behind. 30 years ago, the news wouldn't have been reporting on this until it was a success. Yes. When you hear the practice rounds or whatever, the innovation part. This is the news gone bad right here. This is the perfect example of over-newsing. Yeah. My new term, over-newsing and motivational loop. I did not think I'd get both either one of those terms in today. But we did. But this is taking the BS out of business, baby. Look, sometimes I'm taking the BS out of business as telling you the facts. This is too much news too often. Like, I get it. I get it while you could be up in arms on this. But it's not any of your fucking business, probably. Unless you're the governing body of overseeing all of the health. Like, there's other checks and balances happening here. Or is anyone asking the patient? Yeah. Because the guys, he might even still be like, yeah, there was a problem. But overall, this is still a positive thing for my life. And he's probably signed everything to Earth. Exactly. That he's written away going, I will be in the test experiment here. I mean, I will hold you unaccountable and unliable. What is it to lose? And look, here's what the journalists will say. If you're going to report good news, then you need to report all the news. Because that's what they would say. They would say since Elon has been reporting that the first has been generally successful, then they need to tell everything. You know what? If you're generally successful and there's, then there's probably good and bad they haven't reported. Like, it's, I don't think they've, I haven't seen anything deemed this was a win overall. They're just saying generally successful doing things he'd never been able to do before. Anyway, just stop it with the over news. Yeah, cut it out. And if we can get these kind of things implemented in patients like the upshot of this is incredible. That's the bottom line. Americans, sorry business. I was going to say every business, if they reported on every failure every business had, that would be everybody. Yeah, everyone. How the, you could spend the stocks up this quarter by 18%. Why didn't you talk about, well, the first month when you were down 14% because the quarter we were up 18 because we started a little slow and then we made it up. Well, we need a negative side of that. That's what we're talking about a little bit here. Bloomberg.com Americans are racking up phantom debt that Wall Street can't track is from Bloomberg.com. Consumers have embraced by now pay litter products that allow them to pay for purchases and installments. But it's not clear how many of these loans are out there. It's hard enough for central bankers and Wall Street traders to make sense of the post pandemic economy with the data available at them to them. At Wells Fargo, senior economist Tim Quinlan is particularly spooked. He's really spooked. I used to see this guy. By the phantom debt that he can't see, he is staying up at night going. We just gave a house loan and know that she's got some phantom debt somewhere. I know she's hiding that debt. For a finance that perfume on sex with Avenue.com. She's got Sezel or whatever that even the company is. She's got 47 payments on that new diamond. 49 payments of $9.99 for the next 47 months. Exactly. With the 22% interest rate. Yeah, exactly. I know she's got a high interest debt somewhere. I know it. I knew it. Yeah. It's still interesting nonetheless. It is happening because they have these. It's huge. Spread the payment out almost and everything you purchased down. I was buying something other day and it popped up and it was like they were dying for me to do this. I'm trying to think of what it was. It was like a candle or something. It was like something. And they're offering zero interest. It was $14. You spread this out and I know it's probably just like an automated thing for anything to buy. And I'm like, I was tempted. $3.99 for three months or $14 once. But I chose just to buy it. But nonetheless, I think it will be interesting as this stuff continues to proliferate. It feels like it's already everywhere. But I'm surprised they haven't figured out how to figure out everything else to hit your credit report. I don't know why they haven't figured this out. They hit your soft credit, I think, or something when they offer these things. They're not often people six months of payments unless they do some kind of soft credit checks. I don't know why these companies aren't reporting your credit back to them if you aren't making the payments. That's what that balance is. That will probably be what ultimately gets alleviated is the reporting back. But I will say business is a little different. I bought furniture like rooms to go that zero percent financing over 48 months or something. We've done that a couple of times. I don't think you're free, buddy. You want to let me keep my cash and spread it out and not charge any interest. Now they're banking that you're going to fuck up and mispayment and get all that charged. But let me tell you something. I didn't mess that up. I got some free cash off them several times. That new love seat. But now, but the after pay thing is even more interesting with, like you said, perfume. Small purchases. But it's also like the three or four hundred dollar purchases that a lot of people have no business making. Probably. And I think that's what we're talking about here. People with subpar credit already, maybe already in debt. And they're throwing down another four or five hundred times three on these platforms. I would imagine I'm in Miami the heart of micro financing where everyone is. You need five hundred dollars sunglasses, but you make twenty five dollars an hour. Yeah. A lot of that happening in big cities like that happens everywhere. But you have the lure and the influence. You get an influence right and left in those big cities because they're right everywhere. It's glam everywhere. And so it's bad enough with, and my wife can afford it, but like getting influenced by every girl on Instagram for eight, nine, ten dollar things left. Right. All of this new way to brush your hair and fold it under and tuck it. Like, oh, we've got to have that. Old slick in the driveway, baby. From the Amazon truck. But we've talked about this. I'm a sucker for some of this. Some of it. My Amazon prime commissorer for sure. Yes. But it will. We'll see what impact this has. You start to see more impacts on. Because in this support the article, like back to like business and things like that, like four closures on houses start going up. That credit card balances over all that stuff has an impact on the overall economy and the overall kind of business runnings of the country. And that's where Tim Quinlan is spooked. I hope his friends are giving him some shit. He spooked by the phantom dead. I just can't deal with it. That just seemed it's just so freaking like cringy. And then the fact like we can't find it. There are billions of dollars probably of this phantom dead. It's just. I've been sitting out there. Yeah. Yeah. Something doesn't make sense to me by the Chinese government. It's been off from TikTok. I know. Asia was the first one to do the micro financing. I think it started in China. I feel like 10 years ago, I heard about this way. We knew it. We know it. They're smart. This next article comes from us from marketing dive marketing dive.com. Not crushing it. Apple's new iPad Pro ad met with a wave of backlash. Let's hold this. It's a little for Apple. It's pretty tone deaf. Oh, yeah. And I get it. By the way, I did a similar commercial this in 2009 for the Blackberry. It's essentially saying it's the Swiss Army knife of the smartphone. But a video showing art objects like a piano and a sculpture destroyed by a massive press marks a rare creative miss for the iPhone maker to emphasize the slimness. A new commercial titled crush shows a minasurer of artistic works and tools, including sculptures, a piano paints, and a vinyl record player getting crushed under a massive mental, excuse me, massive metal press. The final result is the iPad Pro implying the tablet, implying that the tablet can contain all of those media capabilities in one sleek advice. And so you had all these people come out that are piano player. And look, the R.C. Sorry. It is what it is. Crowd. That's Apple. What are you talking about? No. Absolutely. And producer in the room. Look, I'm artsy far too myself sometimes. I'm just saying, but I don't get my panties in a wide over that shit. And my panties can get in a wide. Let me tell you. But I know, but you just got to know who your crowd is. It is a little tone deaf. It is. It is. It totally is. And I guess that I can sort of myself in that audience a little bit. It's just dude, even think about garage band. Like it was the only computer to come standard with music production, video production, software. And now you're just like. Fuck all you guys and your artists abilities. Yes. I know. And it's just dumb. It's just like, okay. Because if you watch the video, you're like, it's just like, okay. Because if you watch the commercial too, it's this stuff that they chose too. It's like some of this stuff is I hope that there's like someone play a classical piano in every lobby. Right. Like stuff that's just iconic dark culture. If someone has a vinyl record player, I always don't do sick. It sounds amazing. You know, I want to get rid of that. And especially this crowd. So I don't know. Anyway, that's why I figured they must have done this on purpose to piss people off. I can't think that they thought this is a great ad. I thought they were making a good ad showing the metaphor and the Swiss Army knife that it does all these things. And it's, but you can do that creatively without smashing them with a metal press. Like you can show them feeding in. And there's a lot of different devices for how you could bring that to life. Apple CEO, Tia Tim Cook posted the video on X where it has been met with a negative response with many users perceiving the ad as hostile to art. Metal presses tend to do that. Put your head in the middle. And I know that's a trend too. Right. The whole metal press videos. People like, it's a thing. People love watching stuff get smashed. I feel like they were trying to go off that trend, but just completely missed the target. Yeah. They need Gallagher on there with a big hammer. That guy's the common guy that smashed things with the hammer. Yeah. Watermelons. Yeah. He's smashing it. That's all right there. Are you on the audience? I remember that. Go look up Gallagher. You'll get a laugh. Just smashing things with hammers. Nonetheless, tone deaf. And look, it pains me to say this. I'm an apple guy. I hate PCs. I saw who knows this. He's been trying to talk me to get a PC while for our studio. They do so much more. I'm an apple guy. I like apple. Damn, man. Are they running? They're not only are they running out of ideas. Now they're ideas suck. This is a terrible idea. Like, if nothing else, the commercials and the creative has always been good. At least it is high standard. Now the fucking creative stinks. Shit. It ain't good. They can't come up with any new features. They're AI is behind. They canceled the car. This shit ain't good. And look, I love apple. I'm not getting rid of them today. But it's just again, smoke. You know what you usually find when they're smoke, Chris? Fuego, baby. Fuego. Fire. Something ain't right. We might have to get that PC. Damn it. Maybe time. We'll smash it with the hammer. As I'm sitting on my brand new apple laptop next. Yeah. Exactly. I say all these things. I'm not off the bandwagon yet. Take a lot to get me to go to a drawer, bro. Oh, yeah. I know. Not to droid. They were back in the day. But I'll say this. I'm still on the band, but man. I'm falling. I'm like, I'm holding on to that bandwagon. Like I'm holding on one hand behind it, baby. You're dragging me behind the buggy. Like I'm trying to, I'm already giving you shit. We want to support you. We want to. I still love the product, but damn. Let's get the ads back in order. Let's get tech. Getting a little bit. Getting a little bit. Getting a little bit. Dancing to New York City with her headphones in. Like a good vibe. Yeah. Now there's like crush. Yeah. All of your history. Yeah. Pulverized. That's the apple brand too. Pulverizing things in a press. Come on, man. What are you fucking forward or Dodge Ram now, Doc? Yeah. Oh, speak up. AI secures 500,000 seed investment for revolutionary AI podcast tool. They're coming for us, man. They're trying to give us. The AI podcast and co-pilot offers core functionalities, including instant voice cloning. Shit. Content restructuring. Damn it. Script preview and editing. Automatic music. It's just a podcast at a box right there, baby. You can't duplicate this though. You can't get this other accent in the highs and lows. I've done the clone. That guy doesn't sound like me. You can't get this accent. No, you probably can, but it doesn't have. No computer is going to have the brain of Chris Hansen and Ryan offer. Like, he can't think it's. Let's just say it's not coming up with any of the terms we've had today. Good, batter and different. Definitely not motivational. That one's only something a good old fashioned human can stand out. They're not coming up with that one. Nonetheless, this does sound interesting. Look, let me say this. I like technology that makes life easier to simplify things that takes on this or steps out that lets my people do their creative things and not spin wheels on administrative stuff. Some off or tools that do that. But the slippery slope was just creation of content and abstract ideas and creative ideas and human thought and human perspective. Consciousness. Yeah. And so that's where the slippery slope is. But speak up AI. If you want to get in on that seed round, they're looking for money. Promoters of Mike Tyson, Jake Paul, Netflix fight offer a $2 million VIP package. Chris, you want to split this? I think we're in on this one. Yeah. How many seats do we get? I don't know. We're going to read right now. Mike Tyson, we're going to return to the ring on July 20th to fight Jake Paul. Let's please put here a quote, quite fight. If there's no, if they really do get it on, this is going to be one of the most entertaining things I've ever seen. Yeah. There's going to be some limitations. There's got to be. I don't think we're going to hit head gear. I don't know what, if they're just wailing, that's going to be awesome. Anyway, in a boxing match streamed on Netflix, fans are already betting on the fight, expected to be the most wagered on match of the year. Promoters are offering a $2 million VIP package to the fight. This article details does not have what is included in that $2 million. But one could presume it's quite lucrative and quite inclusive. I imagine it's a box and maybe you would hope the fight. I had clients, if I had the right clients to entertain at this level, I would think about that because that's a once in a lifetime kind of thing. Jake Paul, the prime of his pun intended of his career, whether he's a boxer, influencer, business person, like all these things. Mike Tyson, one of the most feared being on the planet when he fought, it's just a once in a lifetime type of thing. No matter what circus it ends up becoming, that would be a nice client experience. If you're doing this kind of level of business, roll them in there. I like it, but it's a lot of fucking money. It's a lot of dough. And I'm like, where are you sitting ringside? You got to be sitting ringside. I don't want to be up. The box sounds cool, but maybe a free you're getting your, meet great, get in your thing on pre-match, meet and all. Ruben's shoulders with celebrities, all that you're doing. But I want to be ringside, if I'm going to spend two mil. I want their fucking boxing gloves. I can't, autographed. Yeah. Yeah. And then slip them for four after the fight. Exactly. It's going to be a good fight. Yeah. It's going to be a good show. I don't know if it's going to be a good fight. It's going to be a good show. It's the spectacle. That's what this is. Okay. Anyone out there that's going, oh, what the fight's going to be? I'm more, I'm curious myself. But as a marketer, I more appreciate the spectacle and the newsworthiness and the buzz that this creates. And people might argue, you can create buzz, but is it have substance? It's two of the most popular for different reasons and different, different eros. Yeah. That's substance. No matter what that fight does. If Jake Paul falls down, okay, and lays down, okay, I'll be able to piss about that. But like, it's, it doesn't have a high threshold actually in the ring. You wanted to be competitive or interesting, but the whole spectacle, everybody, it's going to bring the, there's occasions when the sizzle isn't, is big enough. I'm a big sizzle steak guy. Like, you got to have some steak behind the sizzle because that sizzle wears off. But something like this, sometimes the sizzle's big enough. And this might be the case. Now, even it actually turns out to be a legitimate fight in the ring. It might go down. It's like one of the greatest promotions of all time. Like, just promotions. And I'll say fights. Hey, if you want to be in the news, make the news. There's your learning lesson. They're making the news. McDonald's bringing back that $5 meal, baby. Inflations up. It's, it's expensive out there. McDonald's is working to introduce a value meal in U.S. stores to help all set an increasingly challenging environment for consumers. The $5 meal could include four items. They make chicken or make double four-piece chicken nuggets, fries, and a drink. That's not a damn food for five bucks. Potential new offer, potential. Not sold in yet. All for comes a time when low-income consumers are beginning to pull back on spending, particularly at fast food brands. This comes from CNBC.com. Another reason to go to McDonald's. Five dollars. I will say all those items used to be on the dollar menu, so they're still getting you for an extra dollar compared to previous years. Oh, home, Chris. Because I used to live off of big doubles and make chickens. Yes. The big chicken, the big double. The $5 meal come back. Look, I still want the $5 roast, five for five roast piece at Arby's. Those are the days I longed for. That was a deal. Five for five on the roast piece. Come on, man. Get a nice B.C. bun. Sorry. Cup of chili. Sorry, McDonald's giving your thunder wind to Arby's here. Get $5 roast beef sandwiches. Now, Arby's like $15. Like $20. And then there's your inflation right there. You plus the boys, right? Oh, yeah. Exactly. Oh, we can't get out of a fast food restaurant for less than 60. You kid me with all four boys eat, talking like baskets of fries, 40 piece nuggets, the gargled down with a disposal, like washing that thing down with seven coaks. And look, we're like every other week, we die. Like once every other week. Flap check Fridays. Flap, yes. Hotcake Fridays. Yes. Plus, like maybe one extra random happy meal here and there. Okay. Working family, man. It's just convenient sometimes. Yeah. They play every sport. I don't only hate meals. I only don't DM me saying shit and feed your kids that shit. Look, my kids are more active than any kids on the planet. Most kids on the planet. But you gotta get that happy meal sometimes. Once you see it get time to cook. Y'all know what I'm talking about. This is $5 thing. I'm thinking how many of those I could order to get the whole food? I'm thinking I get three of those things and feed the whole family. Good luck. I know. I'll eat a salad or something though. Tasty mix salad. Mix salad. I'll have to mix the salad and some baked bacon on that. Oh, that's all we got time for today, my friends. We got work to do around here. Chris, can you final words? Everyone have a great weekend. It's getting hot out there. Stay hydrated. Yes. Stay hydrated. It's getting warm and we appreciate you for listening. You can always leave us a review on Apple or Spotify. They could do the ratings or the reviews. We appreciate all those help. So if you go do that and as we improve the video product, we appreciate, go check out on YouTube. Watch the video. See how pretty Chris is. I promise he is. We'll find us. Ryan is right.com. All the highlight clips, all the links, back episodes, you said search bar search for Instagram tips. I'm telling you, you'll learn something and you'll find a, who knows, hundreds of videos at this point, almost 500 episodes in, baby. Chris Brobe Hansen on Instagram, I'm at Ryan Alford. We'll see you next time. I'm right about now. This has been right about now with Ryan Alford, a Radcast Network production. Visit Ryanisright.com for full audio and video versions of the show or to inquire about sponsorship opportunities. Thanks for listening.