Make Me Smart U.S. trade tensions with the EU just got tenser
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Mar 20, 2025 Tensions rise as the EU accuses U.S. giants Google and Apple of antitrust violations, potentially escalating trade conflicts. The erasure of significant Black history from military records raises critical concerns. Meanwhile, Elon Musk is set to enjoy a financial windfall with nearly $1 billion in new funding for X. Adding a lighthearted touch, listeners are treated to a whimsical exploration of the funniest and quirkiest bumper stickers spotted around Los Angeles, blending humor with economic insights.
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Erasure of Black History
- The U.S. government removed online information about prominent Black figures like Jackie Robinson and Colin Powell.
- The Pentagon stated that "diversity, equity, and inclusion" initiatives divide the military and hinder its core mission.
X's Valuation
- Elon Musk's X (formerly Twitter) raised new equity, valuing it at $32 billion, despite controversy.
- This raises questions about the profitability of social media platforms.
EU vs. Big Tech
- The EU is enforcing its Digital Markets Act, accusing Google and Apple of non-compliance.
- This adds to the existing trade tensions between the U.S. and EU.