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April 16, 2025 8 mins

In this episode of Hashtag Trending, host Jim Love covers three major tech stories. OpenAI is reportedly developing a new AI-powered social media platform to challenge X (formerly Twitter), with the aim of creating a healthier digital public square. Meta CEO Mark Zuckerberg defends the company's acquisitions of Instagram and WhatsApp in a historic US antitrust trial, arguing they were legal and necessary in a rapidly evolving tech landscape. Lastly, China has suspended exports of critical rare earth elements, disrupting global supply chains and affecting industries such as technology, electric vehicles, and defense.

00:00 Introduction and Headlines
00:23 OpenAI's Potential Social Media Platform
02:30 Zuckerberg Defends Meta in Antitrust Trial
04:21 China Halts Rare Earth Exports
07:53 Conclusion and Sign Off

Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:02):
Open AI reportedly developing anAI powered social media platform to
rival X Zuckerberg defends Meta'stactics in a landmark antitrust trial.
And China halts rare earth exportsdisrupting global supply chains.
Welcome to Hashtag Trending.
I'm your host, Jim Love.
Let's get into it.

(00:23):
There are rumors that open ais in theearly stages of building a new social
media platform with internal teams,quietly exploring how its AI could
transform how people engage online.
If launched the platform wouldcompete with X, formerly Twitter,
offering an alternative, groundedin possibly fact-checked,

(00:44):
moderated, and curated content.
Multiple outlets including the Verge,TechCrunch, business Insider, and
Bloomberg have all reported that OpenAI is assigned a small team to prototype
a social network that leverages itsChatGPT Technology, the Goal, a healthier
digital public square, powered by AItools for content moderation, discourse

(01:07):
ranking, and misinformation detection.
Business Insider notes thatthe company's already tested.
Chat GPT in roles such as newsfeedgeneration and automated fact checking.
Axios confirms experiments with AIenhanced discussion feeds though
insiders say there's an internaldebate about whether open AI should

(01:28):
enter the media space at all.
Frustration with existing socialmedia, especially around disinformation
and polarizing discourse appears,however, to be a driving force.
Bloomberg reports that OpenAIleadership, including CEO Sam Altman,
have expressed their discontent withthe state of online conversation and

(01:48):
see this as an opportunity to use theirtechnology for positive public impact.
The effort remains early stagewith no confirmed launch.
Timeline Sources stress that apublic platform is not guaranteed
and that the company is weighingethical and strategic implications.
But if OpenAI moves forward, it couldreshape expectations for social media,

(02:11):
especially around moderation and trust.
But entering this space also bringsrisk from content liability and
user privacy to political backlash.
The next moves will determinewhether OpenAI truly intends
to shift from building tools tohosting the conversation itself.
meta.

(02:31):
CEO Mark Zuckerberg took the standMonday in a historic US antitrust
trial, defending the company'sacquisitions of Instagram and
WhatsApp as legal and necessary movesin a fast moving tech landscape.
This case could reshape how US regulatorsapproach mergers in the digital economy.
The Federal Trade Commission,alleges that Meta used its size and

(02:53):
resources to squash competition bybuying up potential rivals in court.
Zuckerberg maintained that acquiringInstagram in 2012 and WhatsApp in 2014
helped the platforms grow and innovate.
He argued that Meta wasplaying by the rules and didn't
dominate any market unfairly.
Adding that the competitivelandscape had shifted dramatically

(03:14):
with the rise of TikTok and others.
under questioning.
Zuckerberg described Meta as acompany constantly adapting to
user trends and innovation cycles.
he denied that Meta had a buy and squashprocess where they would find a new
emerging competitor, buy the company,keep the staff, and kill the offering.

(03:35):
People use multiple services.
He testified, and we haveto fight to stay relevant.
The FTC however points to internaldocuments suggesting the purchases
were at least aimed at neutralizingcompanies as future threats.
The trial is part of a broader effortby US regulators to hold big tech more
accountable for their market power.
Now if the court sides with theFTC, it could force meta to spin off

(03:58):
Instagram and WhatsApp, setting aprecedent for undoing completed tech
mergers for developers and startups.
The case raises questions about whetherexits via acquisition will remain viable.
And for enterprise tech leaders, aruling against Meta could signal a
more aggressive regulatory climatefor deal making in digital markets.

(04:21):
I might have passed this story by as atech story until I heard vice President
JD Vance say that China didn't have a lotof what are called rare earth minerals.
They just process them.
every news report I found claimedotherwise, but it seems we're
gonna find out for sure shortly.
China has suspended exports ofcritical rare earth metals and magnets,

(04:44):
intensifying trade tensions, and raisingconcerns about global supply chains.
The move which took effect.
April 3rd affects industry's relianton these materials, including
technology, electric vehicles,aerospace, and even defense.
Rare earth metals, and I hope I'm sayingthem right, such as neodymium dies,
pros and predium, if I'm saying thesecorrectly, are used to make strong

(05:09):
magnets found in speakers, microphonesand vibration units of smartphones.
So even though you haven't heardof them, they're pretty important.
Additionally, opium, atrium and teumare used to create the vivid colors
in smartphone and television screens.
These elements are also essential for theminiaturization and performance of modern

(05:33):
electronic devices, making them critical,but often invisible in our daily life.
Now, that's just a few usages.
They're used in electric motorsfor vehicles, drones, robots,
missiles, jet engines, lasers andcomputer chips, powering artificial
intelligence servers and smartphones.

(05:53):
If the supply runs out, notonly consumers will be hurt.
Industry and particularly defenseindustries in the US might even shut down.
This export suspension targets sevenheavy rare earth elements and associated
magnets with China producing approximately90% of the current global supply.

(06:16):
And this action is of course,in response to increased tariffs
imposed by the US on Chinese goods.
Affected industries are bracing forpotential shortages and increased costs.
For instance, MP materials, thelargest US rare Earth producer
has seen its stock fluctuate asit ramps up domestic production to
mitigate reliance on Chinese imports.

(06:38):
But reports are that MP materialscould not begin to cover the
demands of the entire us.
Many US producers have stocked upanticipating supply disruptions, but
those stockpiles will eventually run out.
Countries like Australia areaccelerating their efforts to develop
independent rare earth supply chains.
The Australian government is consideringstrategic reserves and supporting

(07:00):
projects like Linus Rare Earths toreduce dependency on Chinese exports.
but Vance was right,at least in one aspect.
It's not just the mining of thesematerials, the processing of them is
important as well, and that's beena bit of an environmental disaster.
It'd be really interesting tosee which Western company would

(07:21):
step up to do this processing.
So Vance's defiantannouncement will get tested.
He's already gone viral on Chinesesocial media when he referred
to the Chinese as peasants.
And since the Chinese governmentcontrols social media, unlike.
The US where a fewbillionaires control it.
This last comment is not only approvedChinese policy, but it's unlikely

(07:44):
to make the US any friends withthe population of China as well.
So we'll find out who's right,or at least the US will.
China is reaching out to other countriesstarting in Asia for new trading
partners, and that's our show for today.
And again, I apologize if thereare politics in this story,
but it's an important storyfor the technology industry.

(08:06):
Hope I covered it fairly.
That's our cha for today.
Love to hear what you think.
Email me at editorial@technewsday.caor catch me on LinkedIn.
A number of you have found me there.
Or if you're watching YouTube,just put a comment under the links.
I'm your host, Jim Love.
Have a wonderful Wednesday.
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