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PBS News Hour - Full Show

August 5, 2024 - PBS News Hour full episode

PBS News Hour - Full Show

PBS NewsHour

News, Daily News

4.52.2K Ratings

🗓️ 5 August 2024

⏱️ 54 minutes

🧾️ Download transcript

Summary

Monday on the News Hour, a federal judge rules Google is a monopoly in a landmark decision that could ripple across big tech. As stocks plunge around the world on fears of a U.S. recession, we have a look at the data fueling investors' concerns. Plus, Hurricane Debby batters Florida's coast and threatens inland flooding. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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0:00.0

Good evening. I'm Amna Navas. Jeff Bennett is away. On the news hour tonight, a federal

0:09.0

judge rules that Google is a monopoly, a landmark decision that could ripple across big tech.

0:15.0

Stocks plunge around the world on fears of a US recession, a look at the data fueling

0:21.3

investors concerns. Hurricane Debbie batters Florida's

0:25.6

coasts and threatens inland flooding and we speak with voters in the

0:30.5

swing state of Georgia about Vice President Kamala Harris's campaign and the issues

0:35.7

driving this election. Welcome to the news hour in a landmark ruling a federal judge has found that tech giant Google broke antitrust laws

0:55.8

acting illegally to maintain a monopoly in online search. Google currently

1:00.5

controls roughly 90% of the world's internet searches.

1:04.2

Today's ruling could upend how Americans get their information online and

1:08.3

fundamentally change the way that big tech companies operate.

1:12.0

To help explain what this all means,

1:13.4

I'm joined now by Rebecca Allen's worth a professor

1:16.3

at Vanderbilt Law School.

1:17.7

So professor just put this into context for us.

1:20.4

How big a deal is today's ruling?

1:23.0

It's a really big deal.

1:25.0

The Biden administration has five major monopolization cases

1:30.0

going right now against Google, Meta, Amazon, and Apple.

1:34.0

This is the first one to go to trial,

1:36.0

and they won.

1:37.0

So in a sense, they're one for one.

...

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