Google delays phaseout of third-party cookies
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 24 April 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Wednesday, April 24, 24, I'm Julie Morgan. |
| 0:15.3 | Google needs more time to phase out third party cookies. |
| 0:19.1 | Tesla is up double digits pre-market, |
| 0:22.0 | and the FTC says no to non-competes. |
| 0:26.0 | Google is once again pushing back its phase out of third-party cookies on Chrome. |
| 0:31.0 | The plan was to complete third-party cookie depreciation during the second half of Q4. It now expects the process to start early next year. The company cites ongoing challenges related to reconciling divergent feedback from the industry regulators and developers. |
| 0:48.0 | In a statement it also said the UK's competition and markets Authority will need sufficient time to review all evidence |
| 0:55.6 | including results from industry tests. The CMA is overseeing the phase out. |
| 1:00.8 | The phase out deadline has been delayed twice already since it was |
| 1:04.6 | originally set in 2020 giving advertisers more time to prepare. Tesla shot up in |
| 1:11.6 | post market trading despite posting a drop in Q1 revenue, deliveries, margins, and |
| 1:17.1 | EPS from a year ago. |
| 1:19.7 | Investors seem to be latching on to the company's commitment to launch a more affordable model. |
| 1:24.4 | Tesla said the model can be produced on the same manufacturing lines that they use for the current |
| 1:29.8 | lineup. |
| 1:30.8 | During the earnings conference call, CEO Elon Musk said the new models will come out in the early part of 2025, or potentially late in 2024, using aspects of its autonomous technology, |
| 1:43.6 | although he was not willing to say if the new models |
| 1:46.5 | would be reiterations of existing models. |
| 1:49.7 | In regard to a question on Optimus, |
| 1:51.8 | the CEO said he expects the company will be able to |
| 1:54.8 | begin selling the humanoid robots by the end of next year. |
... |
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