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WSJ What’s News

Breaking Up Google’s Ad-Tech Business: More Regulators Are Thinking About It

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 13 June 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

A.M. Edition for June 13. WSJ reporter Kim Mackrael tells us about the latest trans-Atlantic antitrust push against Google’s digital-ad business. Former President Donald Trump is scheduled to be arraigned in Miami today. And WSJ economics reporter Gwynn Guilford previews the Labor Department’s closely watched consumer-inflation report. Keith Collins hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This May and June enter to win the buy side from the Wall Street Journal expert entertaining

0:03.8

summer sweepstakes at buysidesummersweeps.com. Elevate your summer with a selection of buy side

0:08.6

reviewed and approved products. No purchase necessary in June 30th, 2023 for official rules and

0:13.0

to enter to win visit buysidesummersweeps.com. Donald Trump is due to be arraigned in a Miami

0:22.1

court today. A breakup of Google's ad tech business is being considered by EU regulators.

0:28.1

It's quite unusual for the EU to look for asset sales when it comes to an antitrust investigation.

0:35.6

A lot of these are resolved by finds and that's what makes the fact that they're considering this

0:41.3

really stand out. And China's Central Bank moves to shore up the economy.

0:46.0

It's Tuesday June 13th. I'm Keith Collins for the Wall Street Journal filling in for Luke Vargas.

0:51.9

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

0:57.2

today. Donald Trump is set to surrender to authorities later today in Miami. This will be his

1:08.3

first appearance in a federal courtroom to face charges that he illegally held on to classified

1:13.0

national security documents after leaving the White House. Authorities say the brief court

1:17.6

hearing is expected to draw crowds of the former president's supporters and attractors.

1:22.4

Here's Miami Mayor Francis Suarez. We encourage people to be peaceful in

1:27.7

them demonstrating how they feel. And we're going to have the adequate forces

1:34.0

necessary to ensure that. Trump, who is denied any wrongdoing, is planning to

1:37.9

deliver comments this evening from his New Jersey golf club. Turning to China, where the U.N.

1:43.2

has dropped to a six month low after the country's central bank cut a key lending rate.

1:48.5

The move points to rising concerns over the economy's struggle to recover following the depths

1:53.3

of the pandemic. Journal, Aja Economics reporter Jason Douglas says we should also expect

1:58.5

further steps to help stimulate the world's second largest economy. By itself, it's not a big deal,

...

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