The era of paid social media has begun

Make Me Smart

Marketplace

News, Business

4.6 • 5.4K Ratings

🗓️ 18 March 2023

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

For years, using social media has been mostly free. But that’s slowly changing. Following in Twitter’s footsteps, Meta has launched a subscription service for its platforms. We’ll discuss what paying for social media might mean for our online culture. And, the latest news about SVB (of course) and the regulators that may have dropped the ball. Plus, a round of Half Full/Half Empty.

Here’s everything we talked about today:

- “Why American whiskey is the real winner of St. Patrick’s Day” from CNN

- “Meta launches subscription service in US” from Reuters

- “Fed Blocked Mention of Regulatory Flaws in Silicon Valley Bank Rescue” from The New York Times

- “The Fed Was Too Late on SVB Even Though It Saw Problem After Problem” from Bloomberg

- “U.S. Pushes for TikTok Sale to Resolve National Security Concerns” from The New York Times

- “Buffalo Wild Wings sued over boneless wings” from CBS

- “Could the Fed’s new emergency bank lending program encourage risky behavior?” from Marketplace

- Beer Purchasers’ Index from the National Beer Wholesalers Association

Our March fundraiser ends today! Help us meet our goal this week so we can cover our costs and plan for the future: https://support.marketplace.org/smart-sn

Transcript

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0:00.0	At three business, we think you should be paying less and getting more.
0:03.8	With our boundless business offer, the more sims you buy, the more you save.
0:08.3	With up to 20 sims for only £10 a month each.
0:11.3	That means unlimited calls, texts and data for the whole team
0:15.0	without any data caps or limits.
0:17.5	That really is more for less.
0:19.9	Search three business or visit us in store.
0:22.5	Unlimited in the UK.
0:23.7	£10 when you buy 10 or more sims, 24 month plan, excludes 20% VAT.
0:27.6	Turned supply, C3.co.uk slash turns.
0:31.2	Renault.
0:32.4	As a professional, you want your van to be as efficient as you.
0:35.9	Efficient with time and efficient with space.
0:38.6	The award-winning all-new Renault Kangu van E-Tech 100% electric is made for you.
0:43.7	With up to 186 miles of range and fast charging is standard.
0:47.9	All-new Renault Kangu van E-Tech 100% electric for those who never stop.
0:53.1	Range based on WLTP test data,
0:55.3	actual range dependent on individual driving conditions,
0:58.0	learn more at Renault.co.uk.
1:00.0	It keeps us on time at least.
1:02.2	Maybe not on it, but at least on time.
1:04.2	Hi.
	...

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