2025 Laws Take on Social Media and Minimum Wage & Tesla Suffers First Sales Slip
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What are the major new laws for 2025?
That Netflix just had its biggest TV debut of all time, and it had nothing to do with the NFL. It's Friday, January 3rd. Let's ride.
It's that time of the year, the very beginning, when everyone is posting what's in and what's out for 2025. Toby, you consider yourself a tastemaker. You even have a segment called Toby's Trends, after all. So what's going to be in this year and what's going to be passe?
All right. In this year is earnestness. Out is aloofness. We are trying hard and taking things seriously in 2025. In, long-distance running. Out, long-distance relationships. Just move already. It's good for the soul. In, pronouncing words incorrectly, oddly enough. So we're giving ourselves some grace. Out is saying it Chipotle or Nvidia. Those two are crossing the line. And then finally, in... Business news podcast. Absolutely. Out. Being uninformed. I feel like that one speaks for itself. Neil, you don't have a Toby's Trends segment, but do you have an in and out?
I have a few. My first one has to do with running as well. I think running clubs are out. Oh. Yeah. Yeah. Too many. Swimming is in. Connections is out. Crosswords are in. I think TikTok is out, whether there's a ban or not. And it's going to be a big year for LinkedIn. So LinkedIn is in. And then my last one is the concept of vibes are out. There's been too much talk of vibes over the past few years. No one really knows what it means. What's in is going to be data based decision making.
Okay, here's what I want to hear from you guys. Tell us if Toby's in and out are in or out, and then tell us if Neil's in and out are in and out. That might be a little confusing, but give us some feedback here.
All right, like all of you, U.S. states make their own resolutions on New Year's, but those come in the form of new laws. Tens of thousands of new laws went into effect on January 1st across the country, impacting everything from social media use to minimum wages to Taylor Swift tickets. Toby and I are going to give you a quick tour of the most important and bizarre laws that are now active so you can learn something and also avoid jail time. First, let's talk internet. Florida's first of its kind controversial law that bans children under 14 from having social media accounts is technically in effect now. Enforcement is being delayed due to legal challenges filed by industry groups. Remember, under this law, social media platforms will be responsible for terminating and blocking any accounts belonging to people suspected of being under 14 with the goal of protecting kids from online harms. And then in terms of the minimum wage, workers in 21 states will get a pay bump as of the first of the year.
The highest will be in three states, Washington, California and Connecticut, all of which now have wage floors of more than $16 per hour. The federal minimum wage has not budged from $7.25 an hour since 2009. So many states and cities have taken it upon themselves to raise their minimum wages to help workers keep up with greater cost of living expenses. Toby, any of these laws you want to dive into?
How does Florida's social media law affect children?
Yeah, let's dive into that social media law from Florida because it also extends to something beyond social media, and that is adult content websites. The law also requires adult content websites to age verify for access with the goal of protecting kids from certain websites on the internet. It's not just Florida either. We are seeing this really across the South and across the country. Tennessee, South Carolina, and a growing list of 14 other states now have residents who can no longer access those popular adult content websites, those popular pornography websites because of age verification laws. ALO Networks, which owns some of the biggest adult content websites out there, they decided to just block users because they don't think that they can
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Chapters
7 chapters
1
What are the major new laws for 2025?
0:10–3:18
2
How does Florida's social media law affect children?
3:18–4:01
3
What are the implications of the minimum wage increase?
4:01–6:20
4
What is Turo and why is it in the news?
6:20–11:09
5
What caused Tesla's first annual sales decline?
11:09
6
What is the Stock of the Week?
4:20–5:21
7
What are this week's headlines?
5:21–28:19
Speakers
2 identifiedMore from Morning Brew Daily
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