Business Rundown: Google's Uncertain Future

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.7K Ratings

🗓️ 2 June 2025

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Closing arguments began last Friday in the government's historic antitrust case against Google. U.S. District Judge Amit Mehta has already determined that Google holds an illegal monopoly in internet search and with its ad network. As he considers punishments, which could include forcing the tech giant to sell its Chrome browser, he is also scrutinizing how Google competes in the artificial intelligence market. He is considering limiting how Google can promote its AI model, Gemini, to prevent it from holding back competitors like ChatGPT. Gary Kaltbaum, President of Kaltbaum Capital Management and Fox Business contributor, joins Gerri Willis to discuss the implications of the government’s case against Google and why he says the company is being unfairly targeted. Kaltbaum also weighs in on the state of the economy and how the ‘one big, beautiful bill’ will impact businesses. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Right, that's it. Come on. Lights out. You've got a test tomorrow.
0:02.8	Just two minutes. I'm about to reach the next level.
0:05.4	It's going off now.
0:06.8	Yeah, whatever.
0:07.9	Let's see. Where's the app? Oh, here it is.
0:11.0	What? How?
0:12.3	Oh, no. You're out. Better look next time.
0:15.0	Mom!
0:16.1	It's game over for late nights on school nights.
0:18.9	EE Wi-Fi controls help you get them off the Wi-Fi and into bed.
0:22.8	More parents are choosing EE broadband, the UK's fastest growing broadband provider.
0:27.8	To verify I see EE.com.uk.
0:29.3	I'm Jerry Willis, and this is the Fox Business Rundown.
0:40.3	Monday, June 2nd, 2025. Google, already facing an uncertain future
0:43.3	after being found to be a monopoly,
0:46.3	now may be handed a major setback
0:48.3	in the global race to be the leader in artificial intelligence.
0:52.3	I think you're supposed to applaud success, applaud that they got that big, not take
0:59.0	out a mallet and hit them over the head or a machete and cut them off at the knees.
1:03.7	And it just seems like some of these judges, I guess they have nothing to do.
1:07.3	And let's pick on this.
1:08.3	Let's pick on that.
	...

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