4.2 • 365 Ratings
🗓️ 24 June 2024
⏱️ 12 minutes
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0:00.0 | Hello and welcome back to Equity, Tech Crunch's flagship podcast about the business of |
0:14.6 | startups. Today is June 24th, 2024 and I'm Rebecca Belon a senior reporter at |
0:19.6 | Tech Crunch. This is our Monday show where we take a look at the weekend and get you ready for the week ahead. |
0:24.0 | On today's show we have Apple's Breach of the EU Digital Markets Act, an IPO update, |
0:30.0 | X's verified bought problem, Sir Jackalot's startup for retail traders, |
0:35.0 | and to close out today, Hia has a pitch deck tear down for feel therapeutics. |
0:39.0 | Let's get started. |
0:40.0 | Let's |
0:43.0 | let's dive into the big news that matters. |
0:44.7 | For our first story of the day, |
0:46.0 | Apple has been named the first of tech's so-called gatekeepers |
0:49.0 | to be charged for violating the EU's Digital Markets Act rules. |
0:52.0 | The European Commission defines gatekeepers as violating the EU's Digital Markets Act rules. |
0:52.8 | The European Commission defines gatekeepers as large digital platforms that provide core services |
0:57.4 | for consumers and businesses, things like App Store, search engines, and web browsers. |
1:01.9 | In a press release this morning, the Commission announced that it informed |
1:04.8 | Apple of its preliminary view that its App Store rules are in breach of the DMA because |
1:08.7 | they prevent app developers from freely steering consumers to alternative channels for offers and content. |
1:14.9 | The Commission is alleging that Apple's App Store rules don't let developers give customers |
1:18.6 | pricing information in the app or communicate with them about offers available outside the App Store. |
1:23.4 | The charges come after an investigation that was open in March into Apple's App Store rules. |
1:27.7 | According to the Wall Street Journal, regulators said they were also opening probes related |
... |
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