logo
episode-header-image
Jul 2022
9m 25s

Crypto collapse hits black Americans har...

Financial Times
About this episode

Twitter is mounting legal action against Elon Musk as he tries to terminate the deal to buy the social media company, black Americans’ higher exposure to cryptocurrencies has left them more vulnerable to the financial downturn, Cairo’s storied houseboats have been removed as part of bigger changes that many fear will destroy heritage and green space in the Egyptian capital.


Mentioned in this podcast:

Experts say Musk faces uphill battle for victory in Twitter legal fight

Twitter hires Wachtell legal firm to sue Elon Musk for ending $44bn acquisition

Crypto collapse reverberates widely among black American investors

Cairo houseboats adrift in storm over development


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
Google closes in on Nvidia in the AI race
<p>Google’s parent company got close to a record $4tn market capitalisation, and more than $1tn has been wiped from the cryptocurrency market in the past six weeks. Plus, US consumers aren’t feeling too merry ahead of the holidays, and the UK prepares for its long-awaited Budget ... Show More
10m 50s
Yesterday
How Ireland became the weak spot in Europe’s defences
<p>Traders are piling into bets that Wednesday’s UK Budget will push the pound lower against the dollar, and the pharmaceutical industry saw some promising — and not so promising — clinical trial results. Plus, US tech stocks leapt on Monday and Ireland’s military neutrality has ... Show More
10m 26s
Nov 24
The scramble for a Ukraine peace deal
<p>US pressure on Ukraine and its allies to agree a peace deal with Russia ignites fresh concern in Europe, and the US has officially designated Venezuela’s “Cartel of the Suns” a terror group. Plus, Europe looks to increase investment rules to stand up to China, and a look at wh ... Show More
12m 27s
Recommended Episodes
Dec 2022
Needs Musk? Tumult at Twitter
<p>Elon Musk may be stepping down as chief executive, but he has already <a href="https://www.economist.com/united-states/2022/12/14/what-to-make-of-the-twitter-files?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous. ... Show More
25m 25s
Nov 2022
Elon’s Twitter is in the Sh*tter with Nilay Patel
<p>Nilay Patel, Editor-in-Chief of The Verge and host of the Decoder podcast, talks with Jon about Elon Musk’s newest and thorniest business venture: purchasing Twitter. In a recent article, “Welcome to Hell, Elon,” Patel describes the quandary that awaits the Tesla founder and a ... Show More
41m 33s
Dec 2022
Needs Musk? Tumult at Twitter
<p>Elon Musk may be stepping down as chief executive, but he has already <a href="https://www.economist.com/united-states/2022/12/14/what-to-make-of-the-twitter-files?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous. ... Show More
25m 25s
Sep 2022
A sceptic’s guide to crypto: the crypto Wild West
<p>In the fifth episode of the latest season of Tech Tonic, FT columnist and host Jemima Kelly looks at crypto regulation, and why there’s so little of it. It’s a story that takes her to the heart of US cowboy state Wyoming, where the crypto industry appears to be writing its own ... Show More
27m 6s
Apr 2022
Elon Musk Might Break Twitter. Maybe That's a Good Thing.
<p>If Elon Musk’s bid to purchase Twitter comes to fruition, the world’s richest person will own one of its most important communications platforms. Twitter might have a smaller user base than Facebook, Instagram and even Snapchat, but it shapes the dominant narratives in key ind ... Show More
1h 5m
Aug 2022
Introducing: 'A sceptic's guide to crypto'
We know that investing in crypto is a popular topic with Money Clinic listeners, so we thought you might like to hear the first episode in the new season of the FT's Tech Tonic podcast.A Sceptic's Guide to Crypto asks whether crypto and its supporting technology - the blockchain ... Show More
29m 15s
May 2022
Elon Musk, le milliardaire qui voulait contrôler Twitter
<p>Le 4 avril dernier, Elon Musk entre dans le capital de Twitter en rachetant 9,2 % des actions, devenant ainsi le premier actionnaire du réseau social. Mais l’homme le plus riche du monde ne s’arrête pas là.</p><br><p><a href="https://www.leparisien.fr/high-tech/rachat-de-twitt ... Show More
20m 20s