Google and Meta’s secret deal
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 8 August 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
Google and Meta struck a secret ads deal to target teenagers, and the FT reports that the UK’s biggest private pension fund dumped £80mn of Israeli assets. Plus, the FT’s Benjamin Parkin updates us on the situation in Bangladesh.
Mentioned in this podcast:
Google and Meta struck secret ads deal to target teenagers
UK’s biggest private pension fund dumps £80mn of Israeli assets
How the world’s longest-serving female leader was toppled
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | The UK's energy partner. The UK. Good morning from the Financial Times. Today is Thursday, August 8th. This is your |
| 0:17.2 | FT news briefing. Google broke its own rules by targeting advertisements |
| 0:22.2 | and minors and a huge UK pension fund pulled a bunch of money out of Israeli investments. |
| 0:29.1 | Plus Bangladesh is in a state of chaos, but could a new leader steer the country in a different direction? |
| 0:36.1 | So he's a person with a lot of credibility, which is something that most |
| 0:41.0 | Bangladeshi politicians don't have, but the situation is really dire in many respects. |
| 0:47.0 | I'm Mark Filipino and here's the news you need to start your day. |
| 0:53.0 | Google and Google and meta made a secret deal to put ads on YouTube that promoted |
| 1:05.7 | Instagram. That sounds okay but there was a problem. These ads targeted |
| 1:11.0 | teenagers and that skirts Google's own rules for how minors are treated |
| 1:15.1 | online. |
| 1:16.1 | This is all according to an FT investigation out today. |
| 1:19.8 | Our San Francisco Bureau Chief Stephen Morris led that investigation and he joins me now. |
| 1:24.3 | Hi Stephen. |
| 1:25.3 | Hi, Mark. |
| 1:26.3 | So what exactly did you find here? |
| 1:28.3 | So during the course of probing this relationship between these two tech giants. |
| 1:34.2 | We kind of find out about a partnership that the two companies were not keen |
| 1:39.3 | to have unveiled. |
| 1:40.6 | Meta are very concerned that their Instagram, you know, photo and video sharing |
... |
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