Morning Brew Daily - Did Google Predict Venezuela Earthquakes Before it Happened? & GTA VI’s Launch Plan Irks Gaming Purists
Episode Date: June 26, 2026#876: Two powerful earthquakes devastated Venezuela and there are reports that Google alerted millions before it happened. Apple is taking some heat after it raised prices on its products due to the m...emory chip supply crunch. Oil prices have fallen down to pre-war levels. Grand Theft Auto VI has a release date, but some fans are irked by a digital-only release. Finally, is Taylor Swift having her wedding at Madison Square Garden? To learn more visit https://www.servicenow.com Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
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Good morning, Brew, Daily Show.
Phil Freyman. And I'm Toby Howell. Today, how Google may have saved lives in the Venezuela earthquake.
Then Apple is raising prices and it's blaming AI. It's Friday, June 26th. Let's ride.
The U.S. men's national team closed out their group stage campaign with a last minute loss
against Turkey last night. But no matter, after two previous victories, we're on to the round of
32, facing Bosnia and Herzegovina on Wednesday night. Pretty unfair. We have to play both of them,
if you ask me.
But as the other countries wrap up,
their group play today and tomorrow,
I want to draw your attention
to a bizarre situation unfolding
on Saturday in Kansas City.
There, Austria will play Algeria
in a game nobody wants to win.
Basically, through a quirk in the tournament,
the team that wins this game
will likely have to play
the juggernaut Spain in the next round,
while the loser will face a less formidable opponent.
So we may be about to watch
a World Cup game in which you are disincentivized
to score could be thrilling television.
The World Cup has run into this problem before the infamous example came back in 1982
when West Germany and Austria entered their final group match knowing that a one goal German
win would send both teams through.
Obviously Germany scored early and then both sides literally just casually pass the ball
around in front of an increasingly angry crowd.
The match became known as the disgrace of Hijon, which was the Spanish city where it occurred.
And FIFA literally changed the rules after this.
44 years later, Algeria and Australia, or in Austria, excuse me,
find themselves in a very similar situation.
And I say Algeria, because ironically, Algeria was the team eliminated because of the disgrace of Hehon in 1982.
History doesn't repeat itself, but it certainly does.
So they can get payback by losing.
Right.
So then we might get a, both teams trying to lose to each other, which would be not a disgrace, actually.
All right.
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To put AI to work for people, visit servicenow.com. That's service now.com. Two powerful
earthquakes rocked Venezuela Wednesday evening, killing at least 235 people, while many thousands
more are feared dead. The twin cakes struck 39 seconds apart. The first, magnitude 7.2 west of
the capital of Caracas at 6 p.m. local time. The next, a 7.5, less than a minute later, just three
miles away. Rapid back-to-back earthquakes is an unusual phenomenon known as a doublet and is particularly
dangerous. The earthquakes were already the strongest day at the country in more than 100 years,
and they could end up being the deadliest and costliest in Venezuela's history, according to the
U.S. Geological Survey. President Trump, who ousted leader Nicholas Maduro at the start of the year,
said the U.S. was, quote, ready, willing, and able to help and had instructed federal agencies to
move quickly, we will be there for our new and great friends, he wrote on social media. After years of
economic downturn, Venezuela will need all the resources it can get for recovery.
And many other countries, including Colombia, Mexico, Chile and Qatar have pledged help.
Rescue efforts are ongoing this morning amid the rubble of collapsed buildings.
Focused in the northern coastal state of LaGuarda, this region is typically home to a population of 500,000,
but was bursting with even more people when the quakes hit because it was a national holiday
on Wednesday and everyone was at the beach.
Toby, lots of attention on rescue efforts now.
But I want to focus on preparation because Google played a surprising role before the earthquake struck.
Yeah, I did not know this, but billions of Android phones are actually a global earthquake detection network.
Every Android phone contains an accelerometer.
It's the same sensor that kind of measures the physical orientation of your phone.
When that accelerometer detects shaking consistent with an earthquake, it sends the data and location to Google.
And then Google broadcasts that likely earthquake alert.
two phones. More than 2 billion Android devices worldwide has this feature built in. And users
in Venezuela did receive warnings sometimes seconds before the quake actually hit. They were posting
screenshots on social media in total. About 4 million people got notified. And again,
seconds matter in a situation like this because it can get you enough time to move away from
windows to maybe stop driving or something like that. So it's just a fascinating aspect of
the technology that most of us have in our pockets. It's actually,
actually a life-saving technology when it comes to earthquakes. Right. And also about earthquakes,
there's different types of waves that come with earthquakes. You have P-waves first, which are
travel the fastest but cause smaller vibrations in the earth. Then S-waves comes next.
And then L-waves, finally, those are the most destructive. But often we can't detect P-waves.
You just wouldn't be able to tell it before the bigger ones come. And that's what Google's technology,
this accelerometer in your phone, can do. It's the same technology that when you flip your phone
sideways or horizontally, like it changes the screen. And that's exactly what they use for this
earthquake detection technology. Obviously, they don't rely on one phone. They rely on the fact that
there are billions of people and often millions of people in a certain location like Venezuela with
Android phones. So they work together. They go to the server and the algorithm says,
okay, it looks like a bunch of these phones are jostling in this same exact area. And then they send out
this as fast as they can. And it's sort of information arbitrage or at least like speed arbitrage
because data travels at the speed of light.
So they can get the alerts to phones faster than the waves can travel through the earth.
So literally, P waves travel at six kilometers per second, which, you know, is fast,
but, you know, data is literally the speed of light.
So that's why you can get this second advantage on the earthquake.
And this is a system that has been employed before.
Back in 2024, there was a earthquake.
A million Android users received alerts as well.
In the U.S., they actually have underground sensors buried as well to go along with the accelerometers that are in Google's phone.
So it's a relatively new field earthquake detection and earthquake notification, but it's growing more complex.
And this was one of the biggest examples of it potentially saving lives.
Yeah, there's no way to predict an earthquake that Google, every seismologist says we have no idea when an earthquake is coming.
But if the earth starts to tremor a little bit, that is when we can get the word out.
A bunch of countries do have government-run early earthquake warnings.
And Google takes pains to say, look, this is not a replacement for those.
It's a supplement.
So in the United States, Mexico, Japan, Taiwan, these places that have a lot of seismic activity,
have these existing government-run programs.
So people in California might have an existing app called My Shake.
And so they might be very familiar with this.
That goes off before an alert in addition to the Android system,
because a lot of people also have iPhones.
Venezuela, other countries with less.
fewer resources that maybe aren't as seismically active,
don't have these government programs,
which don't have as many resources.
So that's where maybe an Android system could fill in the gap.
But all eyes now turn to the rebuilding costs
as you try to clean up after this.
Estimates from the US Geological Survey put economic losses
between 10 and 100 billion for Venezuela.
That high in estimate is roughly the size of Venezuela's entire economy.
So there is going to be a long road back.
Moving on, it is stock of the week.
Dog of the Week, dog of the week time this segment where we pick one stock that is overreacting to last
night's USA game and one stock that trusts Pocitino. I won the pre-show Timothy Shalameh look-a-lake
contest, so I'm up first. And since I'm feeling a bit pessimistic down for last night's result,
I'm starting with our Dog of the Week, which is Apple. A week ago, we were warned that Apple
was going to raise its prices that the company could no longer absorb soaring memory costs.
Well, that day has come and the increases are significant. Its cheapest computer, the MacBook Neo
jumped $100.
The MacBook Air 200,
MacBook Pro, 300.
Increases also hit the iPad, home pod, and Apple TV.
Tim Cook has called the memory shortages caused by AI,
a 100-year flood.
I've never seen anything like it in any area over 40 years, Cook followed up.
Parts of Apple's ecosystem did remain untouched.
The iPhone did not get more expensive.
Neither did the AirPods or Apple Watch.
Seems like Apple made the deliberate decision,
at least for now,
to protect its most popular products,
despite shortages affecting every part of its lineup.
Still, the bottom line is,
prices are going up,
and it's not hard to point the finger
at the AI buildout.
The infrastructure boom is so big
with over $740 billion in spending
committed by Big Tech this year
that it's pushing up prices across the economy.
All these input pieces,
memory, storage, servers,
everything is so in demand
that things are just going to get pricier.
Neil, investors did not like seeing Apple capitulate here.
shares fell more than 6% setting the stock to its worst day in over a year.
I like the way the verge put it.
Like when it comes to prices, Apple is kind of a reverse canary in the coal mine.
It's not necessarily the harbinger of a crisis.
It's an indication that a crisis is already full-blown.
I mean, think about how standardized Apple prices are.
You go into an Apple store.
You go online.
AirPods are $2.99.
IMac is this.
It's just the standard until they release a new model and then you figure out what that price is.
And then that's the price seemingly forever.
So for Apple to raise prices like this, I mean, it's up to 25% too.
It's certainly an indication of where we are in what they're calling Ramageddon.
It's not just Apple.
Electronics prices are going up across the board because of what Elon Musk also chimed in and said.
This is a, I've never seen anything like this price increase.
Analyst from Gartner say estimate that this year we're going to see hardware price increases
ranging from about 10% to 20% laptops, PCs, and smartphones.
I think this was very strategic, though.
Obviously, the input prices forced Apple's hand here, but the fact that they made Tim Cook do it, he's an outgoing CEO.
He did not want to lay the responsibility of that unpopular decision at incoming CEO, John Turner.
So he kind of got it out of the way, taking the fall, if you will.
But then the other purpose that it served is that Apple is equipping their devices to be more AI-native going forward.
They're putting more RAM into their iPhone to support their upgraded Siri.
So rather than making those AI-enabled products seem pricier, they're kind of blaming it on cook and then blaming it on the memory shortage.
So consumers are sort of warmed up to the idea that the iPhone might get more expensive.
You probably have a $2,000 foldable iPhone coming as well.
So I think it was a very strategic move by Apple to do this right now outside of their normal product cycle so they can prep consumers for what's coming.
I'm glad you brought up AI.
I mean, we haven't brought it up on the show yet.
this and it's been about 10 minutes, which it must be a record, because there's a raging debate about
whether AI will be inflationary or disinflationary among economists. Is AI, is this revolution going
to raise prices or is it going to lower prices in the long term, at least in the short term,
we're seeing evidence of AI inflation. All this data center buildout, you mentioned,
$741 billion spent this year. They're all going after the same components. The same stuff that goes
in your phone and your laptops also goes into a...
a data center. And the fact that they're spending so much money on these components is raising
prices, not just for data center stuff, but for the stuff that goes on our desk and in our
pocket. And at least in the short term, it seems like the AI inflationary predictions are going
to be true because we're expecting these companies through 2032 to spend $8 trillion on AI infrastructure,
which is five times the market value of New York City property market. So this is just an insane amount of
money going after a certain amount of components. So it looks like there might be AI inflation going
forward for these particular devices. Now, in the long term, it's a bigger question because in history
shows us that when you have a technical revolution, yet it's really expensive to build the
infrastructure and that causes inflation in the short term. But over the long term,
increased productivity means prices go down. Okay, my stock of the week is oil, which like
Bill Bow Bagan's went there and back again. Yesterday, the international benchmark Brent Crude,
all of its wartime gains, falling to below $73 a barrel for the first time since the war in Iran
began in late February. Yes, usually stock of the week means price go up, but oil prices going
down is unequivocally good news for the global economy, which was dealt the largest energy shock
in decades when Iran closed the strait of Hormuz, choking off 20% of the world's oil and natural
gas supply. At their peak, oil prices shot up to $125 a barrel, causing all kinds of problems
in East Asia and raising gas prices for American drivers.
Because of higher fuel prices resulting from the war,
U.S. inflation has reached a three-year high.
But the worst appears to be over.
With the U.S. and Iran reaching a truce to stop the hostilities,
the Strait of Hormuz is tentatively shakily back open for business,
drenching the world in much-needed oil.
On Wednesday, 78 tankers sailed through the strait,
representing 57% of traffic levels before the war.
Toby, while it wasn't pleasant at all,
it looks like the global economy was able to absorb this once-in-a-generation energy shock
without too much permanent scarring.
Yeah, how did they escape?
Basically, a lot of different factors came into play.
Countries started releasing their strategic petroleum reserves.
They had the rainy day fund and they tapped into that for sure.
Saudi Arabia kind of came in clutch to.
They started doing pipeline shipments that, again, isn't enough to replace the oil going through the Strait of Hormuz,
but it was 5 million barrels per day.
That's a third of the Hormuz's normal travel.
traffic. The U.S. military did start to escort some ships through. They managed to get 500 ships carrying
250 million barrels of oil through the Gulf, which is, again, not nothing. And then also, there just
wasn't quite a strong demand right now. That's a big component as well. Specifically over in China,
there wasn't a massive increase. If China had put too much pressure on the global oil markets,
we might be talking about this in a very different way right now. So it wasn't just one thing. It was just a bunch of
little things that helped paper over the crack that was, you know, the Strait of Hormuz being closed.
All right. So you got this vacation come up. You have a road trip. It's almost July 4th next weekend.
You're thinking, okay, great. Oil prices are going down. Gas prices are also going to come down because
they've been so high recently. Not quite. So oil is down about 36 percent, but gas prices are
down just about 12.5 percent from their peak. So what is going on? Why aren't gas?
stations, lowering their prices in conjunction with oil.
It's because of this phenomenon known as rockets and feathers.
Well, gas prices go up very quickly like a rocket, but they come down like a feather.
So it's going to take some time for the price at the pump to come down.
And President Trump is not happy.
Actually, he's taking out a page out of President Biden's book by blaming major oil companies
saying you have to lower prices.
Look, the oil prices are down to $73 a barrel from before the war.
But your gas prices are still much higher.
so he's ordered the DOJ to investigate these oil companies.
Chevron CFO gave a interview to CNBC saying,
look, President, we're doing all we can to bring down prices
just doesn't come down as quickly as you want.
It kind of feels like a moment in the race
where like the leader is celebrating right before the finish line
and then someone might come from behind and nab them at the end
because U.S. crude inventories are still at their lowest level since 1984.
We really drained, you know, the tanks, the strategic petroleum reserve.
So if something flares up again in the straight of Hormuz,
we don't have that cushion anymore.
So literally no gas left in the tank.
Right.
That was a much better metaphor right there.
Son of my gun.
Okay, no gas left in the tank.
So don't celebrate too early.
There still might not be the end of this crisis playing out.
All right, we're going to take a quick break
and come back with a story about Grand Theft Auto right after this.
Neil, it feels like every week there's a new AI model making headlines.
And somehow I'm expected to keep up with all.
All of them.
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Max.io. That's minimax.io. Neal, check out my card. This just says thank you. Yes, that's for the dinner you paid for last week, but you should also check out the Verizon Visa card. It helps eligible Verizon customers get more from everyday spending. You can earn 4% rewards on gas, groceries, and dining.
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Gamers have been waiting over a decade for Rockstar to finally release Grand Theft Auto 6.
Over 13 years to finally taste that sweet sensation of sliding the disc into their gaming console,
but they might not get that moment ever.
Now, don't panic, there is a release date for the off-delayed game, November 19th,
but there's no physical disc.
When you order the most anticipated video game of all time for $79.99, you get a box
with a download code inside.
This won't be all that new to gamers.
Digital game sales have long since overtaken physical copies.
A lot of new consoles.
don't even have slots for discs anymore.
But for a game whose previous edition sold over 225 million copies,
this so-called code-in-a-box model is being tested at the very highest levels of hype.
Why go digital?
There's clear upsides from instant downloads to easier updates,
but consumers aren't the biggest fans because you don't actually own the game.
You can't loan it to a friend,
and if your hardware hits the fritz, you might lose your game too.
You know, after all this anticipation and all this buildup,
Would you be let down if your actual game box came with nothing in it?
Personally, I would not care because if I was waiting 12 years for something,
you could serve it to me on a steaming pile of doo-doo and I'd play.
Just to put this in perspective, how monumental of a development cycle this was,
it took less time and was cheaper to build the Birch Khalifa,
the tallest building in the world in Dubai than GT8-6.
So the Birch-Kalifa took cost about $1.5 billion to,
took six years to build. Well, GTA6 took 12 years since its earliest development. And some
estimates, we don't know for sure, some estimates put this cost of development in the $2.23 billion
range. Insider called it the stakes for this are among the highest of any product release this
decade. And I don't think that's hyperbole. The Birch-Ghalifa being easier to build than a video game
is crazy.
But again, let's go back to why the heck that they're not doing a physical disc here at all.
Some of the reasons, too, is just that leaks have been a massive issue for this.
And if you only have access to the game when the servers unlock, it hypothetically
cracks down on leaks.
Also, when it takes that much money and that much time to develop a game, it's going to
be very large.
And some people are like, I don't even know if GTA6 could fit on existing PlayStation and
Xbox discs.
that's how big it is.
That being said, your device now is going to have to eat that memory as well.
It is ironic, too, because it relates back to our previous story.
The Xbox has seen their price hiked multiple times over the past few months because of the memory shortage.
So I'm sure Xbox's X are going, come on, Rockstar.
You're giving one of the biggest games in history to us now right when we're having a memory crunch.
But gamers are a little bit split on this.
I was asking one of our coworkers who games, and she's like, for games that I really care about,
like Legend of Zelda.
I want to get a physical copy,
one for archival purposes.
I want to have this.
I want to be able to pass this down.
And then two, I just don't,
I won't lose it.
Like she says, I'll just leave it on myself
versus digital.
You never know what can happen.
Maybe your device, you know,
goes dead.
And like, you don't have the game anymore.
So definitely not the most popular decision
amongst gamers.
So this thing is actually coming out,
which is crazy.
It seems like it's been forever.
This was originally scheduled.
for the fall of 2025. Then it was delayed till May 26, but now we have a date November 19th.
It's going to be available for pre-download or pre-purchase on November 12, so you can have it ready
to go on November 19th. This has been a long time coming.
Let's bring to the finish with some final headlines. Remember when Apple spent years trying
and ultimately failing to build a car? Well, it turns out some of the people behind that project
never got transportation out of their system. One of Apple's,
Apple's top former designers Julian Haynig just launched a company called Amble, and its first product
looks like what would happen if Apple designed a golf cart. It's an open-air electric buggy with
no doors, barely any buttons, a cork steering wheel that tops out at 40 miles an hour. People
who have seen one in person have likened it to a moon rover. The target market is not golfers,
despite looking sort of like a golf cart. Each model costs $25,000, but their first production line
is completely sold out with the initial customers being almost entirely luxury hotels.
Neil, Hainings thesis is that there's a transportation gap between a Tesla and an e-bike,
one that amble can amble into.
I know most people can't see what it looks like right now, but it looks like something
you would use to get around Jurassic Park, though I'm not sure with a top speed of 40 miles
per hour, you would be able to outrun the T-Rex, not the verge, but it well.
It's crossed between a Rivian and a Land Rover shrunk to adorable.
dimensions. And it feels like there is a needier based on the demand from these hotels.
We're golfers. Golf carts are ugly. And when you think about, when you think we don't really
think about it because we're just use it to get around. But if you're a higher end resort,
you're shuttling people, you want to give off this air of luxury and you're using, you know,
a standard golf car. It looks like this, this industry, this particular vehicle, this short range
mobility is ripe for disruption. It's definitely one of those things that sound really dumb on the
service. But then you start digging into the use cases.
getting around communities. Again, most people use golf carts, but the thesis is that golf carts
are suited for grass. They're not necessarily built for moving to pavement and, well, I guess
they're kind of built for moving to payment. They're mainly just ugly and they're mainly just
slow. So why don't you beef it up, make it a little bit more roadworthy, make it a little
easier on the eyes, and maybe it can start to fill in those micro mobility situations that you
don't think about, but definitely do exist. Imagine rolling up to the buffet in the villages with one
of these? That's what I'm talking about. You'd be the coolest person there.
All right, finally, Taylor Swift is marrying Travis Kelsey over July 4th weekend, and the
celebrations will take place at Madison Square Garden.
Thanks to some sleuthing by the New York Times, it sure looks like the home of the world
champion Nix will be the venue for America's version of a royal marriage, the biggest
pop star of her generation, with a three-time Super Bowl champion football player.
While there's been no official announcement, the tea leaves all point to an MSG wedding,
the Times found that a permit was filed with New York City to close the streets around the
arena from July 2nd to midday, July 4th. Several Chiefs players have already booked hotel rooms
in Times Square, and Amtrak police officers have been told to expect a Swift wedding that weekend.
It should be another massive A-list celebration in a city that's been partying in the streets
for a month straight already. Toby, I personally hate this, but then again, I'm not marrying
T-Swift, so I have no say in the matter. So I was polling my Swifty friends and saying, what do you think
about this? And most of them are in a little bit of denial. That was the general consensus on
social media because they can't quite wrap their head around that Taylorstuff would want to get
married in Madison Square Garden. But then the argument I heard from them is if we think she's
getting married there, that probably means she's not because she's the queen of deception.
She's the queen of Easter eggs. And we're probably thinking exactly what she wants us to be thinking
right now. And she's leading us on a breadcrum trail. That seems a little bit like cope to me.
But that is potentially one reading here. It is fascinating, though, that this is probably
America's Royal Wedding, which is just a little sad, but also very fun to think about that.
A singer marrying a football player is our version of the Royal Wedding.
And when you put it in that regard, then yeah, make it the biggest spectacle possible.
Put it in Madison Square Garden.
Well, actually, when you think of the logistical considerations, it starts to make sense
versus an open-air venue because think about what is a better venue for getting a bunch of
celebrities in surreptitiously than Madison Square Garden?
I mean, it's probably a tier, as we saw from the Knicks playoff run.
It's an enclosed environment.
You're going to be shut out from the outside world and people taking pictures of you like
an open-air wedding would.
And also, I mean, there's a stage that she's probably going to perform at and a bunch of
her friends who musicians want to perform at during her wedding.
So when you actually think about just the nuts and bolts of what someone at her level
of fame would need in a wedding in terms of privacy and security, it starts to make a little
sense, even if it's not the most romantic venue.
This would be cap off a generational run for New York this summer.
I mean, we have the World Cup.
We have the fact that the Knicks made the playoff run.
Add in a Taylor Swift wedding on top of that, New York City might explode.
That is just truly a generational run that you might never see again.
All right, that is all the time we have.
Thanks so much for starting your morning with us and have a wonderful Friday and an even
better weekend.
To share your thoughts on the episode or anything else, send an email to Morningbrewdaily
at morningbru.com or DM us on Instagram.
Instagram at Ambid Daily Show.
Let's roll the credits. Emily Milliron is our supervising producer.
Raymond Lue is our senior producer.
Our producer is Olivia Graham.
And our associate producer is Olivia Lake.
Technical direction by Nina Miller.
Heron makeup's invite for Taylor's wedding must have gotten lost in the mail.
Devin Emery is our president and our show is a production of Morning Brew.
Great.
Show today, Neil.
I wish you all well.
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