“Digital gatekeepers” are forced to make big changes

Marketplace All-in-One

Marketplace

Business, News

4.5 • 1.4K Ratings

🗓️ 6 March 2024

⏱️ 1 minutes

🔗️ Recording | iTunes | RSS

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Summary

A handful of big tech companies must comply with new European Union rules taking effect at midnight; job openings remain elevated at 8.9 million; Powell sees inflation risk in cutting rates too soon; hackers who attacked UnitedHealth may have run away with ransom payment.

Transcript

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0:00.0	So-called Digital Gatekeepers have to make big changes.
0:05.0	I'm Novasafa with the Marketplace Minute.
0:07.2	New European Union rules require some big tech companies designated as digital Gatekeepers
0:11.6	to make it easier for consumers to use third-party
0:14.2	software and services. The rules kick in tonight. Apple is allowing Europeans to
0:18.7	download apps outside of its App Store Google is changing certain search results.
0:24.3	Labor market conditions held steady last month.
0:26.3	The government's tally of job openings essentially stayed the same at just under
0:29.5	9 million, elevated by historical standards.
0:33.0	Federal Reserve Chair Jerome Powell says continued progress on inflation is not assured
0:38.0	and there's a risk to cutting interest rates too soon.
0:41.0	The comments were part of his congressional testimony today.
0:44.0	Hackers who paralyzed a health insurance billing system operated by United Health
0:49.0	appeared to have absconded after receiving ransom money.
0:51.0	Their website was shut down a day after the insurer
0:54.0	reportedly paid $22 million to recover its data. I'm NovaSopho with a marketplacement.

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