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BBT #11 | Meta's Liable, the US Voted No on Reparations, and SpaceX

BBT #11 | Meta's Liable, the US Voted No on Reparations, and SpaceX

Episode 11 Published 6 months, 1 week ago
Description

A California jury just ruled that Meta and YouTube engineered a defective product — and that product was aimed at your kids' developing brains. The UN passed a resolution calling the transatlantic slave trade the gravest crime against humanity — and the United States voted against it. SpaceX confidentially filed for an IPO this week targeting a $2 trillion valuation. And while all of that was happening, street culture, religion, and social media were colliding in ways nobody on financial media is willing to name.

⏱️ Timestamps:

00:00 — Introduction and Disclaimer

11:31 — Meta and YouTube Found Liable: What a $375M Verdict Means for Social Media, Street Culture, and You

28:14 — Religious and Social Commentary: When the Internet Became the Church

34:46 — Religious Overcompensation and Judgmental Behavior: The Performance of Faith Online

40:29 — NBA Expansion and Naming: Who Gets to Own an Identity Worth Billions

53:22 — The US Voted No: UN Reparations Resolution, 123 Nations, and What It Means for the Diaspora

01:03:56 — SpaceX IPO: Elon Musk's $2 Trillion Bet and Whether You Should Be On It

📊 Key stats from this episode:

• California jury found Meta and YouTube liable for social media addiction — $6M awarded in bellwether case, $375M in a separate New Mexico verdict for failing to protect minors

• UN General Assembly passed a resolution declaring the transatlantic slave trade the "gravest crime against humanity" — 123 nations in favor, the US voted AGAINST (along with Argentina and Israel), the EU abstained

• SpaceX confidentially filed for IPO this week targeting a $2 trillion valuation — would be the largest US IPO in history, targeting a June listing

• NBA expansion vote ongoing — Las Vegas and Seattle the two leading candidates


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📦 Black Box Theory breaks down tech, investing, and corporate culture for early-career professionals. New episodes every week.

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⚠️ Disclaimer: We are not financial advisors, tax professionals, or legal experts. All content is for educational and entertainment purposes only. Always do your own research and consult qualified professionals before making financial decisions.

#BlackBoxTheory #MetaLawsuit #SocialMedia #Reparations #UNvote #SpaceXIPO #ElonMusk #podcast #investing #BlackProfessionals #techcareers #earlycareerprofessional #financialliteracy #NBAExpansion #streetculture #youngprofessionals #HBCU #blackhistory #personalfinance #unwrittenrules  

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