• How China’s EV market could endure higher tariffs
    Dec 27 2024

    It’s fair to say China dominates in electric vehicle sales. The country is the world’s biggest consumer of electric cars and has dozens of automakers competing in the space. Last year, Chinese companies sold about 9.5 million EVs and plug-in hybrid cars. But the industry faces mounting trade pressures. The Biden administration imposed a 100% tariff on Chinese EVs which President-elect Donald Trump is expected to continue. Meanwhile the European Union recently raised tariffs up to 45%, citing concerns that Chinese government subsidies give the companies an unfair advantage. Subsidies certainly help but there are other factors giving Chinese EV’s an edge. Marketplace’s Meghan McCarty spoke with Marketplace’s China correspondent Jennifer Pak about how those factors could keep Chinese EV makers competitive, even in a more restrictive global market.

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    10 mins
  • Yelp helped change the game for online reviews
    Dec 26 2024

    As we close out the year and look ahead at 2025, we wanted to mark an anniversary of sorts: 20 years ago, the online review site Yelp was launched — the name reportedly a mashup of “help” and “Yellow Pages.” In the two decades since the site launched, the website has changed the business of online reviews and our relationship to review culture, even has fake review continue being generated.

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    7 mins
  • How teenagers can get hooked on sports betting (rerun)
    Dec 25 2024

    This episode originally aired Sept. 23, 2024.

    You might say online gambling has been on a winning streak since a Supreme Court decision in 2018 cleared the way for states to allow sports betting. It’s now legal in 30 states and its influence is hard to miss: Online sportsbook companies like DraftKings and FanDuel are on billboards, commercials even college campuses, many of which have made deals with sports betting companies. Yanely Espinal, host of Marketplace’s “Financially Inclined” podcast, recently covered this topic on her show and she explained to Marketplace’s Meghan McCarty Carino how these online betting companies are reeling in younger users.

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    12 mins
  • Big Tech’s pivot away from diversity efforts (rerun)
    Dec 24 2024

    This episode is a rerun and originally aired Sept. 11, 2024.

    Over the last couple of years, the tech industry has slashed hundreds of thousands of jobs, many of them in recruiting and other departments working to improve diversity. Companies like Meta and Google, which earlier set ambitious hiring and investment goals, have pulled resources from those efforts. As a result, many nonprofit groups set up to train and recruit underrepresented workers are struggling to stay afloat. One prominent person in the field is Lisa Mae Brunson, founder of the nonprofit Wonder Women Tech. Marketplace’s Meghan McCarty Carino asked her how things have changed.

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    12 mins
  • A look back at 20 years of podcasting
    Dec 23 2024

    Raise your hand if you kind of forgot where the word podcast comes from. The now-catchall term for digital audio shows goes back to the Apple iPod. And it’s been almost two decades now since Apple helped bring podcasts mainstream by adding them to iTunes. “We’re going to list thousands of podcasts and you’ll be able to click on them, download them for free, and subscribe to them right in iTunes,” said then-Apple CEO Steve Jobs at the 2005 Worldwide Developers Conference. So, what was the business of podcasting like at the beginning, and where might it go from here? Marketplace’s Meghan McCarty asked Nicholas Quah, podcast critic for Vulture and New York Magazine.

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    13 mins
  • Bytes: Week in Review — SCOTUS to hear TikTok case, Congress unveils AI roadmap, and the year ahead for robotaxis
    Dec 20 2024

    The House Task Force on Artificial Intelligence released a lengthy report this week that doesn’t recommend any specific policies or bills. We’ll also look ahead at what the new year could bring the robotaxi business. But first, the TikTok ban is heading to the Supreme Court. A federal appeals court last week upheld the law that would ban the short-form video app if its Chinese owners don’t sell it by Jan. 19. TikTok asked the court to weigh in, and this week SCOTUS agreed. Lily Jamali, tech correspondent at the BBC, joins Marketplace’s Meghan McCarty Carino to discuss the news.

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    17 mins
  • The good and bad of AI voice cloning
    Dec 19 2024

    Voice cloning is becoming easier, faster and more convincing. Artificial Intelligence makes it possible to change the age of an actor’s voice, translate words into any language, and replace a voice lost through illness. But it’s also increasingly being used by criminals to impersonate a loved one, extort money or compromise bank accounts. It’s changing how we communicate with each other and how we trust each other. And experts say we’re already at the point where AI voice cloning can be used for real time conversations. So how are the U.S., the U.K. and Europe handling regulation of this rapidly-evolving new technology?

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    7 mins
  • The entrepreneur who wants to buy TikTok
    Dec 18 2024

    About 170 million U.S. users could be TikTokless as soon as Jan. 19. Early this month, a federal appeals court upheld a law that could ban the very popular short-form video app unless its Chinese owners agree to sell it. They have a willing buyer, though, in billionaire Frank McCourt, who has assembled a consortium of investors ready to put down more than $20 billion. He’s the founder of the internet reform initiative Project Liberty. You may also know him as a real estate developer who once owned the Los Angeles Dodgers.

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    12 mins