Pivot Trump is Back on Meta, The DOJ Sues Google, and No More Murdoch Merger
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Jan 27, 2023 Kara and Scott dive into the implications of Donald Trump's return to Facebook and Instagram, sparking conversations about misinformation and social media ethics. They tackle the aborted Murdoch merger, highlighting corporate governance tensions. The duo also examines Walmart's wage increase in response to labor market challenges. Additionally, the DOJ's lawsuit against Google's advertising monopoly raises questions about tech regulation. With discussions on ticketing controversies and Tesla's market hurdles, the episode is a whirlwind of current events and corporate dynamics.
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Happiness and Social Safety Nets
- Northern European countries consistently rank as the happiest.
- This stems from their strong social safety nets, reducing fear of financial ruin from healthcare crises.
Absence of Fear in the UK
- Scott Galloway discusses his reduced fear of mass shootings after moving to the UK.
- He contrasts this with the constant fear he experienced in the US while raising children.
Murdoch Merger Failure
- Rupert Murdoch's decision to not merge Fox and News Corp was driven by investor pushback.
- This is a win for corporate governance, as shareholders prioritized value over Murdoch's sentimental goals.