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CNN 5 Things

12 PM ET: DOJ sues Apple, student debt relief, pig kidney transplant & more

CNN 5 Things

CNN

Daily News, News

3.71.3K Ratings

🗓️ 21 March 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

The Justice Department has filed a blockbuster anti trust lawsuit against Apple. We now know what's in the $1.2 trillion government spending package – will lawmakers pass it in time to avoid a shutdown? European leaders are thinking about using frozen Russian assets to fund Ukraine's military. The Biden administration has announced more student debt relief. Plus, doctors have successfully transplanted a pig's kidney into a human. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Alex met Sam at nursery. They were first loves. They built forts together, shared sandwiches in high school, and were each other's first kiss.

0:11.0

They were the dream couple, Sam got into EDM music.

0:17.0

While Alex enjoyed folk, first loves are kind of like your current account. If they aren't working for you anymore,

0:26.7

maybe it's time to switch with the current account switch service.

0:30.1

Hey there from CNN, I'm Chris de Boau with the five things you need to know for

0:35.1

Thursday March 21st. We alleged that Apple has consolidated its monopoly power

0:40.9

not by making its own products better, but by making other products worse.

0:46.7

Apple is being hit with a blockbuster antitrust lawsuit from the Justice Department.

0:51.7

It's part of the Biden administration's latest effort

0:54.1

to hold big tech giants accountable,

0:56.1

like Google, Amazon, and now Apple.

0:58.8

CNN's Brian Fung has more details.

1:00.7

Krista, at a high level, what the Justice Department is saying is that Apple has an illegal monopoly

1:06.1

over the iOS ecosystem and it uses that monopoly to extract more money out of consumers,

1:12.4

developers, content creators, public. to extract more money out of consumers,

1:12.5

developers, content creators, publishers, and more.

1:16.0

And specifically, what the DOJ is saying

1:18.4

is that Apple has used iOS and its control over iOS

1:22.3

to block innovative new apps from the marketplace, to degrade

1:26.8

how Android messages appear on iPhones, and prevent other app makers and device makers from integrating with its iPhones and

1:35.6

potentially developing more innovative and competing solutions for

1:40.3

things like mobile payments.

...

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