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Episode 377: Neal and Toby discuss whether investors are right to be concerned about the massive AI expenditures being made with little to no revenue to show for it. Then, the US Senate just passed the Kids Online Safety Act to force tech companies to have stricter online rules for teens. Next, Starbucks misses its earnings expectations as same-store traffic continues to fall in the US and around the world. Plus, a number of startups are doing what Theranos wanted to do\u2026 minus the whole fraud part. Meanwhile, perhaps the failed JetBlue-Spirit merger was actually a good thing? Lastly, the latest news and stories from the 2024 Paris Olympics.\n\nCheckout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW\n\nGet your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316\xa0\n\nListen to Morning Brew Daily Here: https://link.chtbl.com/MBD\n\nWatch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow\nLearn more about your ad choices. Visit megaphone.fm/adchoices