00:00Oh, they've been trying to do this for a while.
00:02Caesars Entertainment now agreeing to be bought by Fertitta Entertainment.
00:05$5.7 billion all-cash deal is going to form a massive entertainment empire, if this goes through.
00:13The Caesars shareholders get $31 a share in cash.
00:16This includes a go-shop period through July 11th when Caesars can weigh other bids.
00:22The Houston real estate mogul Tillman Fertitta has pursued a merger of his casino and restaurant business
00:29and the Las Vegas company for years.
00:32This would combine his Landry's restaurants and Golden Nugget properties with Caesars.
00:37Caesars owns or managed 52 casinos in the U.S.
00:41The takeover, as I say, is subject to regulatory review.
00:45Fertitta may be forced to shed assets to gain approval.
00:48He was a prominent donor to President Trump's election campaign, also serves as the ambassador to Italy.
00:55The empire includes the Houston Rockets as well as restaurants in New York, a large stake in the betting firm
01:03DraftKings.
01:04So the takeover, as you pointed out before, includes $11.9 billion in debt, which is an interesting part of
01:14it.
01:16Snowflake, let's do them.
01:17What is Snowflake?
01:18This is a software maker, and you've heard all the hype about software getting crushed by AI.
01:27So, of course, they have to incorporate AI at this point.
01:30It is the most active pre-market, and they soared.
01:35They delivered a stronger-than-expected annual outlook.
01:37They also signed a $6 billion multi-year agreement to use the cloud services chips from Amazon.
01:43They do make the software that helps organize and analyze and store corporate data in the cloud.
01:50And, as I say, they're trying to weave artificial intelligence through the platform.
01:55They made a new commitment to spend an additional $6 billion on Amazon Web Services.
02:01This includes the use of Amazon's general-purpose Graviton processor chips.
02:06Now listen to you.
02:07They compete with the Graviton.
02:09The company is seeing increased demand for its main data products.
02:13At the same time, the newer AI-focused tools there become legitimate businesses.
02:189,000 employees, Bozeman, Montana.
02:21Yeah, absolutely.
02:22$60 billion market cap.
02:23Nobody wears a tie there.
02:25Next.
02:26Let's finish with the Mark Gurman story.
02:28Apple, the much-anticipated Siri overhaul.
02:31This is going to become the centerpiece of the next iPhone, iPad, Mac software updates.
02:36And Bloomberg offering the first peek at the new digital assistant, what it's going to look like.
02:41This is kind of a visual thing, so you have to go online for this.
02:44The illustrations created by Bloomberg show the revamped Siri interface.
02:49This is a new chatbot-style app and some of the other major iOS 27 changes.
02:54The company is going to announce all this at the June 8th Worldwide Developers Conference.
02:58And the images here, these are based on information viewed by Bloomberg and, you know, our sources hasn't been made
03:06public yet.
03:07Apple's spokesperson declining to comment.
03:09The company, you should point out, often tests multiple designs of the features internally.
03:16So the final version that's going to be introduced to the public in June could actually change.
03:22The new Siri planned to have a redesigned animation, so it pops out of the dynamic island and a search
03:30-or-ask interface that opens with a swipe from the top of the screen.
03:34Are you going to upgrade?
03:35I am not.
03:36I'm going to downgrade, actually.
03:38This is getting way too expensive.
03:40It does.
03:41And they're not subsidized anymore by the phone companies.
03:44Yeah, I mean.
03:44So now you've got to get on a plan.
03:46I don't know.
03:47That ain't going to happen.
03:49Again, I make a call, I take a call.
03:51Right.
03:52Send a few messages.
03:53I'm good.
03:54Stockmovers, it's a podcast.
03:55Welcome to Radio Curmudgeon.
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