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WSJ What’s News

Airlines Bet You’ll Pay More for Premium Travel Options

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 29 November 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

Nov. 29 Edition. WSJ’s Alison Sider explains how this week’s air-travel crush is likely to cement the shift toward an upselling model that has helped United and Delta dominate industry profits. Plus, Canada’s antitrust watchdog sues Google, saying it acted unlawfully in growing its market share in the online-advertising marketplace. And Australia passes a landmark social-media ban for children under the age of 16. Luke Vargas hosts. Programming note: The next episode of What's News will be released Monday morning. Sign up for the WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

SAP Business AI is AI that solves actual business problems,

0:04.4

like predicting what your customers want before they know they want it,

0:07.1

or making sure there are no weak links in your supply chain.

0:10.3

Revolutionary technology, real world's results.

0:13.0

That's SAP Business AI.

0:18.1

Another antitrust headache for Google,

0:20.5

as Canada sues the tech giant over its online ad practices.

0:25.2

Plus, Australia passes a social media ban for children under 16, and Delta and United dominate industry profits as their bet on premium air travel demand pays off.

0:36.7

The conventional wisdom is people really book their flights based only on schedule and price,

0:41.1

and it's kind of a race to the bottom to offer the cheapest flight.

0:43.8

But the people who are wanting to travel are willing to spend a little bit more,

0:48.0

and the airlines are racing to have something to offer them.

0:51.4

It's Friday, November 29th.

0:53.5

I'm Luke Vargas for the Wall Street Journal,

0:55.6

and here is the AM edition of What's News, the top headlines and business stories moving your world

1:01.6

today. Canada's antitrust watchdog has filed suit against Google, alleging it acted unlawfully

1:09.9

in building market share in the online ad business.

1:13.2

The country's Competition Bureau wants Google to sell two crucial pieces of advertising market

1:18.7

software, its ad exchange known as AdEx, and an ad server known as DFP, as well as pay a fine

1:25.7

of as much as 3% of global revenue.

1:29.2

In a written statement, Google's vice president of global advertising, Dan Taylor, said

1:33.5

the company's ad tech tools help websites and apps fund their content and businesses

...

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