Industry Focus - Technology & Genomics - The Bloomberg Tech Conference brings together big tech voices [1] - The conference includes a live taping of "the circuit" [1] AI and Gene Editing - AI is viewed as a potentially exciting opportunity in gene editing [2] - AI is being used to improve genome editing proteins and predict the outcomes of gene editing experiments [2] - The biological research area currently lacks sufficient data to train AI models effectively [3] - AI may help understand which genes to edit, predict outcomes, and determine useful editing combinations for health [3]

Geopolitical Landscape in the Indian Ocean - The Indian Ocean is vital for global commerce, serving as a critical passage for trade between Europe, the Middle East, Africa, and Asia [1] - Increased competition exists between the US and China, and between China and India, for influence in the region [3] - President Trump's foreign policy shift has created uncertainty about the US's role, opening doors for China [3] - Tiny countries like Mauritius are being courted by major powers due to their strategic location [4] China's Growing Influence - China is investing billions in ports, infrastructure, and naval expansion in the Indian Ocean region, raising concerns in India [2] - As part of its Belt and Road Initiative, China is asserting regional influence with multibillion-dollar infrastructure investments [14] - China has built its first military base in Djibouti and is expanding its naval footprint in Cambodia [16] India's Response and Concerns - India relies on the Indian Ocean for approximately 95% of its international trade and 80% of its energy [11] - India is constructing a new airstrip on the Agaléga islands to track Chinese activity [7] - India has commissioned a new base on Minicoy Island and opened its first offshore military logistics hub at Duqm Port in Oman [20] - India views the potential for an external power, particularly China, to disrupt trade routes as a significant threat to its national security [17] US Role and Retreat - US cuts to foreign assistance are seen as an opportunity for China to fill the gaps [18] - The US base on Diego Garcia is crucial for countering China's growing presence in the region [19]

Content Strategy & Media - The industry emphasizes entertainment as a primary focus, viewing baseball as a foundational element [3] - The industry suggests leveraging media and entertainment to innovate and experiment with new approaches [3] - The industry aims to provide real-time access to all 30 teams via devices like phones and iPads [1] - The industry seeks to offer behind-the-scenes content, showcasing players like Aaron Judge and Shohei Ohtani in informal settings [1] - The industry aims to share insights into player mechanics and training regimens, such as Ohtani's techniques [2] - The industry intends to increase microphone presence to better showcase athletes [2] Athlete Promotion & Engagement - The industry recognizes the need to improve athlete recognition and promote their personalities [2]

So Dave, in 2010, that's a long time ago. What do you know now that you didn't know then. And how accurate was your thesis on investing in sports.Yeah. Well, I put that in in two buckets. The first thing is I get a lot of people who come to me over the last whatever number of years that are thinking of investing in a sports franchise or a league, etc. And they always ask me, you know, for lots of advice, and I kind of boil it down to like one piece of advice that hopefully they will listen to me on, which i ...

Real Estate Market Overview - Miami's real estate market is experiencing price levels comparable to New York and Beverly Hills [2] - Waterfront properties are priced around $1,500 per square foot [2] - Properties on Miami Beach range from $3,000 to $4,000 per square foot [2] Miami's Reputation and Culture - Miami has a reputation where people come to showcase their wealth [1] - Driving behavior in Miami is perceived as reckless [1] - Finding a community in Miami can be a wonderful experience [1]

UK Defense Spending & Capability - UK government will begin the biggest sustained increase in defense spending since the end of the Cold War [1] - The British army's combat power is much less than it has been [1] - The army is at its smallest size since the Napoleonic era, losing more people than it's recruiting [2] - Security experts believe Britain is incapable of defending itself against a ballistic missile attack [4] - There is a significant gap between Britain's rhetoric/reputation and its actual military capabilities [5] Financial Constraints & Political Challenges - Voters want more security and greater defense spending, but don't necessarily want to pay for it [4] - Since 1955, there's been a correlation between the UK's ballooning health and welfare bill and cuts to defense spending [10] - In the 50s, defense spending was at 7-1/2% of GDP and health spending at around 3% of GDP; those percentages are almost flipped now [11] - Raising defense spending to 5% of GDP will add 350 billion pounds to the level of government debt by 2032 [19] - By 2030, upping the NATO target to 5% would mean an extra 87 billion pounds worth of spending on defense [18] Strategic Considerations & Industry Impact - The current target strength is 72,000 personnel, but available strength is around 55,000 [6][7] - Defense spending will now rise to 2-3/5% of GDP by April 2027, including the contribution of intelligence agencies [17] - Focus expenditure on investments in this country, not importing from the US, to provide a domestic boost to the economy [23] - Military spending focused on research and development could lift UK productivity [23] - Industry needs commitments from the UK government or allied governments to know exactly what they need to make [26]

Market Trend - Women's sports is identified as a mega trend with significant potential for fans, engagement, and investment [1] - There's an opportunity to convert non-fans into casual fans and then cultivate them into avid fans [1] Financial Analysis - WNBA viewership is approximately 30% of an average NBA game [2] - WNBA receives only 2% of the media rights money compared to the NBA [2] - WNBA media rights are expected to increase over time [2][3]

Elon Musk and Doge. How do you feel about one man, a billionaire, having that much independent power within the federal government. Well, it's unprecedented to have anyone come in and say, you know, we're just going to wipe it out like that.That makes no sense to me. What do you make of the tech billionaires lining up behind President Trump and Silicon Valley's right turn. What I have seen in the last six to months to a year is many people who used to say one thing have absolutely shifted over here.Look, a ...

Elon Musk and Doge. How do you feel about one man, a billionaire, having that much independent power within the federal government. Well, it's unprecedented to have anyone come in and say, you know, we're just going to wipe it out like that.That makes no sense to me. What do you make of the tech billionaires lining up behind President Trump and Silicon Valley's right turn. What I have seen in the last six to months to a year is many people who used to say one thing have absolutely shifted over here.Look, a ...

I wonder if people drive by. By and they're like, oh my God, it's Melinda. No.I think they just drive and go. What's going on. Melinda French Gates is opening up like never before.Your book is about transitions, about turning points. Do you feel like you've gone through it now that you've crossed the chasm. I feel like I'm still in transition.I mean, I really am, and quite frankly, I hope my whole life I embrace change. A billionaire, philanthropist, and. Investor.Please welcome back to the Late Show, Melin ...