Bytes: Week in Review — FTC’s latest tech crackdown, Trump’s pro-crypto campaign and Threads turns a year old
Marketplace Tech
Marketplace
4.5 • 1.3K Ratings
🗓️ 12 July 2024
⏱️ 13 minutes
🧾️ Download transcript
Summary
The Republican Party officially adopted former President Donald Trump’s 2024 platform this week. The GOP is now taking a friendly approach to cryptocurrency and artificial intelligence, with plans to roll back regulation of both. Plus, Meta’s Threads platform celebrates its one-year anniversary this month. But first, the Federal Trade Commission is cracking down on the popular messaging app NGL. Marketplace’s Meghan McCarty Carino is joined by Natasha Mascarenhas, reporter at The Information, for her take on this week’s tech news.
Transcript
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| 0:36.0 | crypto hits the campaign. From American public media, this is marketplace tech. |
| 0:41.0 | I'm Megan McCarty Carino. It is Friday, which means it's time for our weekly news roundup, Marketplace Tech Bites. |
| 0:57.6 | On today's show, the Republican Party officially adopted former President Donald Trump's |
| 1:01.9 | 2024 platform earlier this week. |
| 1:04.8 | The party is taking a friendly approach to cryptocurrency and artificial intelligence with plans |
| 1:10.6 | to roll back regulations on both. |
| 1:13.0 | Plus, Meta's platform Threads celebrates its one-year anniversary. |
| 1:18.0 | The social media app once called the Twitter Killer, now X-, says it has amassed 175 million users, but hasn't really broken through? |
| 1:29.0 | First, though, the Federal Trade Commission is cracking down on a popular anonymous messaging app, |
| 1:34.8 | NGL. |
| 1:36.0 | The Commission accused the App's parent company of tricking customers, exaggerating its ability |
| 1:41.2 | to use AI to stop cyberbullying and violating children's privacy laws. |
| 1:47.0 | NGL, which in 2022 was the most downloaded product on the Apple App Store said the allegations are quote |
| 1:54.4 | factually incorrect but the company did agree to a settlement which includes |
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