Can Perplexity’s Longshot Bid for Google Chrome Succeed?

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 12 August 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

P.M. Edition for Aug. 12. As Google awaits a judge’s ruling that could require it to spin off its Chrome browser, AI startup Perplexity makes an unsolicited $34.5 billion bid to buy Chrome. Journal reporter Katherine Blunt discusses what we know about the offer, and how likely it is to actually happen. Plus, President Trump calls for Goldman Sachs to replace its chief economist over his past predictions of the impact of tariffs. And the White House plans to review materials from the Smithsonian museums ahead of the country’s 250th anniversary. WSJ White House reporter Meridith McGraw explains why. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Omada Health makes managing chronic conditions easier by supporting members between doctors' visits.
0:05.4	Members are paired with the health coach empowered by insights from smart devices and AI-powered tools.
0:10.6	Learn more at omadahealth.com.
0:12.9	Omada Health is proudly NASDAQ listed.
0:18.3	President Trump calls for Goldman Sachs to replace its chief economist over his past predictions on the impact of tariffs.
0:25.8	Plus, AI startup perplexity makes a bid for Google's Chrome browser.
0:30.3	Can it succeed?
0:31.6	And the White House's goal behind its review of the Smithsonian Museums.
0:35.7	They've really focused on any narrative that they deem to be partisan
0:41.1	or anything that downplays their idea of American exceptionalism.
0:46.5	It's Tuesday, August 12th.
0:48.5	I'm Alex Ocelo for The Wall Street Journal.
0:50.7	This is the PM edition of What's News,
0:53.3	the top headlines and business stories that
0:55.4	move the world today. Let's start with the latest data on U.S. inflation. New data from the
1:05.5	Labor Department out today showed that consumer prices were up 2.7% in July from a year earlier. That was unchanged from June's gain of 2.7% and below the 2.8% rise that economists expected.
1:18.5	But prices excluding food and energy categories, the so-called core measure economists watch in an effort to better capture inflation's underlying trend, rose 3.1% over the last 12 months,
1:29.3	above forecasts for a 3% increase. For more on what this data means, I'm joined by
1:34.2	WSJ economics reporter, Rachel Wolfe. Rachel, tariffs have been around for six months.
1:40.0	I know that a lot of economists were watching this data to see if tariffs are having an effect.
1:45.1	What are we seeing here?
1:46.5	So in June, we started to see the first signs that tariffs were beginning to get passed onto consumers.
	...

Transcript will be available on the free plan in 25 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.