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Wall Street Breakfast

Microsoft accuses Google of shadow campaigns

Wall Street Breakfast

Seeking Alpha

News, Business, Business News, Investing

4.11K Ratings

🗓️ 29 October 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

Microsoft (MSFT) accuses Google (GOOG) (GOOGL) of shadow campaigns, slams new astroturf group. (00:25) DOJ throws wrench into J&J (JNJ) bankruptcy plan to settle talc suits. (02:01)Campbell's (CPB) wants your home to smell like mashed potatoes all year long. (03:40)

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 Tuesday, October 29th. I'm Julie Morgan.

0:13.2

Microsoft says Google is being shady.

0:16.2

J&J's current Texas two-step option is off the table,

0:20.5

and Ford is on our list of the biggest movers of the day pre-market.

0:25.0

Microsoft has accused Google of running Shadow campaigns to discredit it with regulators

0:31.0

and distract from the intent scrutiny it is facing around the world.

0:35.0

Microsoft's Deputy General Counsel wrote in a blog post that this week an Astro Turf group organized by Google is launching. were referring to the open cloud coalition. They went on to say that it's designed to discredit Microsoft with competition authorities and

0:51.0

policy makers and to mislead the public.

0:54.0

The post claimed that Google went through great lengths to obscure its funding and control of the group

0:59.2

by recruiting European cloud providers to serve as the organization's public face.

1:04.4

But the post said it remains to be seen what Google offered smaller companies to join,

1:09.4

either in terms of cash or discounts.

1:12.1

The group's launch comes a month after Google filed an antitrust

1:15.8

complaint in Europe against Microsoft, accusing it of unfair licensing practices related

1:21.6

to Azure Cloud Services.

1:24.0

The complaint followed Microsoft settlement with European Cloud Infrastructure Group CISPE

1:29.0

over its licensing practices.

1:32.0

Google reportedly tried to offer the group's members $500 million in cash and credits

1:37.0

to reject the settlement and pursue litigation.

1:40.0

The blog post also said that Google has been paying commentators to discredit Microsoft

1:45.4

and has attacked Microsoft on topics ranging from cyber security to its China business.

...

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