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Bloomberg Technology

DOJ Weighs Breaking Up Google

Bloomberg Technology

Bloomberg

Tech News, Business, News

4.549 Ratings

🗓️ 9 October 2024

⏱️ 46 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow discuss the latest antitrust pressures on Google as the DOJ considers a breakup of the internet search giant. Plus, New Jersey Attorney General Matt Platkin joins to discuss the harms of TikTok as his state and others seek to sue the social media platform; and a new startup aims to source renewable energy in space. 

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Transcript

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0:00.0

Artificial Intelligence is the star of the stock market, but with the companies that kicked off the AI craze all privately held,

0:07.5

how can investors gain exposure to this structural long-term trend?

0:11.5

Learn more later in the podcast.

0:16.3

Are you looking for a new podcast about stuff related to money?

0:20.5

Well, today's your lucky day.

0:22.3

I'm Matt Levine.

0:23.0

And I'm Katie Grifield.

0:25.0

And we are the hosts of Money Stuff, the podcast.

0:28.0

Every Friday we dive into the top stories about Wall Street, finance, and other stuff.

0:33.2

We have fun, we get weird, and we want you to join us.

0:36.6

You can listen to Money Stuff the Podcast on Apple Podcasts, Spotify, or wherever you get your

0:40.9

podcasts.

0:52.0

From the heart of where innovation, money and power collide in Silicon Valley and beyond. This is Bloomberg Technology coming up cracking down on Live from Los Angeles and San Francisco. This is Bloomberg technology.

1:13.6

Coming up, cracking down on big tech, the DOJ considering a historic breakup of Google.

1:19.2

More than a dozen US states filing lawsuits against TikTok.

1:23.8

We'll be joined by New Jersey's attorney general.

1:26.9

And we're live from Citidels Global Macro Conference in New York.

1:30.8

A conversation with the CEO, Peng Zao, is coming up.

1:34.0

But first, let's go to our top story shares of alphabet at lower today.

1:38.8

By 1.6%, that's after the DOJ is weighing a breakup of Google over its monopolistic dominance of online

1:45.1

search.

1:46.1

We go straight to the reporter who's been all over this, Blymerg's Leylen.

...

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