Chrome stays put
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 3 September 2025
⏱️ 5 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | It's good to have you here on this Wednesday, September 3rd. I'm Julie Morgan. |
| 0:13.7 | Here's what we're following this morning. Chrome does not have to find a new home. |
| 0:18.7 | Disney has to cough up $10 million, and AI agents have replaced thousands of workers at Salesforce. |
| 0:26.6 | Google does not have to sell Chrome. That's the word from the judge in a closely watched antitrust case. |
| 0:33.6 | Following the ruling, Alphabet is up about 5%. However, the judge did rule that Google must open up competition and online search by sharing more data with competitors. |
| 0:45.0 | The ruling also says that the company could not enter exclusive contracts for search, but could still pay for search engine inclusion, |
| 0:52.2 | news that could affect Apple's $20 billion annual payment |
| 0:55.7 | from Google for default search deals. Of course, this has an effect on Apple. Apple is up 2.5% in |
| 1:03.1 | pre-market action. This follows the ruling last year that Google held an illegal monopoly in |
| 1:08.3 | online search and search-tide advertising. |
| 1:11.7 | In any case, Google will appeal the ruling, which means that any remedies could come years |
| 1:17.0 | from now. |
| 1:18.7 | From a court ruling to a settlement, while Disney has agreed to pay $10 million to settle |
| 1:24.1 | allegations from the Federal Trade Commission that the company collected personal data from |
| 1:29.2 | children without notifying parents or obtaining consent. |
| 1:33.3 | The FTC determined Disney violated the children's online privacy protection rule or COPPA. |
| 1:39.7 | The complaint, which was filed by the DOJ, alleged that Disney violated the cop or rule by not putting the |
| 1:46.0 | right label on videos it uploaded to YouTube. The DOJ says the video should have been labeled as |
| 1:52.2 | made for kids. The FTC said the mislabeling allowed Disney to collect personal data from children |
| 1:58.7 | under 13 and use that data for targeted advertising to children. |
| 2:03.7 | It goes on to say that the mislabeling also exposed children to age inappropriate YouTube features like AutoPlay to videos not made for kids. |
... |
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