First NCAA Athletes Vote to Unionize & Major Meta Outage on Super Tuesday
Mar 6, 2024
26:58
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Dartmouth Basketball players vote to unionize impacting NCAA. Meta platforms outage on Super Tuesday. Bitcoin hits all-time high. Tesla's Berlin factory shut down due to suspected arson. Taylor Swift only performs in Singapore. Miami restricts college students during spring break.
Bitcoin's surge to all-time high reflects evolving role as digital gold.
Deep dives
Dartmouth's Men's Basketball Team Votes to Unionize
Dartmouth's men's basketball team, with a history of underperformance, made a groundbreaking decision by voting to unionize. The pivotal vote addressed whether college athletes should be viewed as employees, with the potential right to collectively bargain for pay and benefits. This move challenges the NCAA's traditional stance on amateurism and could significantly impact the collegiate sports landscape.
Legal Implications of College Athlete Unionization
The National Labor Relations Board recognized an employee-employer relationship between Dartmouth and its basketball players, supporting their right to unionize. Despite Dartmouth's opposition, citing academics as their primary focus, legal complexities arise regarding Title IX compliance and potential gender disparities. The evolving discussions highlight the seismic shifts occurring within collegiate athletics.
Bitcoin's Resurgence and the Rise of ETFs
Bitcoin recently surged past $69,000, fueled by excitement around new Bitcoin ETFs and the upcoming halving event. The SEC's approval of these ETFs attracted traditional investors, contributing to market gains. Notably, Bitcoin's resilience and ironic reliance on industries it was meant to disrupt underscore its evolving role as digital gold and a robust investment entity amid market fluctuations.
Episode 273: Neal and Toby explain how Dartmouth Basketball players voting to unionize will have major impacts on the business of the NCAA. Plus, there was a Meta platforms outage on Super Tuesday and Bitcoin hit an all-time high. Next, Tesla's Berlin factory had to be shut down after a suspected arson attack and why Taylor Swift's Singapore shows are the only ones in East Asia. Finally, why Miami doesn't want college students to spend spring break there.
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