Monday through Friday, Marketplace demystifies the digital economy in less than 10 minutes. We look past the hype and ask tough questions about an industry that...
Workers hope to steer giant Southern EV battery plant toward unionization
The electric vehicle industry in the Southeast is growing rapidly, with increased sales, charging stations and manufacturing. Buoyed by notable victories in the last couple of years, the United Auto Workers union is revving up efforts to organize the EV and battery sector in the South. One target is a sprawling campus in rural Kentucky that, once completed, will be one of the largest EV battery plants in the world. A supermajority of workers at BlueOval SK has asked the National Labor Relations Board for a vote on joining the United Auto Workers. The nearly $6 billion electric vehicle battery campus in Glendale, Kentucky, is part of a joint venture between Ford and South Korea’s SK On.
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Bytes: Week in Review — Nvidia’s new bot, evaluating AI models in health care, and a health tech company preps its IPO
The stock market has been a tad volatile lately. But this month, the digital physical therapy company Hinge Health filed for an initial public offering. Plus, a new tool out of Stanford University evaluates how various AI models perform in real-world health care. It grades them on tasks from patient education to clinical note generation. But first, Nvidia just hosted its annual GTC confab, where it announced a whole lot of collaborations and, of course, some new and improved chips. Main takeaway: The company has its fingers in a bunch of AI pies. Marketplace’s Meghan McCarty Carino discusses all of this with Christina Farr, managing director at Manatt Health.
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More Stanford grads are finding jobs and purpose in defense tech
Stanford University has long been a feeder for the neighboring tech industry with graduates often heading to a brand name of Silicon Valley. But the times, they are a-changin’, according to writer Jasmine Sun. She reported recently for the San Francisco Standard that building tech for the military has become cool on campus. One student, Divya, said her “most effective and moral friends are now working for Palantir.” Marketplace’s Meghan McCarty Carino spoke with Sun about how this shift compares to when she attended Stanford in the late 2010s.
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Ransomware’s new strategy: naming and shaming victims
Federal officials are warning consumers against a type of cyberattack that’s been on the rise. It’s called Medusa, a ransomware program that uses tactics like phishing to infect a target’s system and encrypt their data, which hackers then threaten to publicly release unless a ransom is paid. Medusa is just one example of how hackers are evolving their strategies at a time when federal cybersecurity resources are being cut by the Donald Trump administration. Marketplace’s Meghan McCarty Carino spoke with Lesley Carhart, director of incident response for North America at cybersecurity firm Dragos, to learn more about the use of embarrassment as a weapon and the impact of funding cuts on digital safety.
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The do’s and don’ts of payment apps
You could say once your company becomes a verb, you’ve arrived. And “Venmo me” is a pretty common phrase these days. Mobile payment apps like Venmo, along with Zelle and Cash App, are becoming pretty widespread, especially among young people. According to the Federal Reserve Bank of Atlanta, consumers under the age of 25 were twice as likely to have used some kind of mobile payment app compared to older Americans. But as with any form of money, there is etiquette about how to use them. Marketplace’s Stephanie Hughes spoke with Yanely Espinal, host of Marketplace’s “Financially Inclined,” a video podcast that provides money lessons for teens, about the do’s and don’ts of these payment apps.
Monday through Friday, Marketplace demystifies the digital economy in less than 10 minutes. We look past the hype and ask tough questions about an industry that’s constantly changing.
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