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Tech Brew Ride Home

Mon. 03/25 – The Wheels Of DMA Justice Move Fast

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 25 March 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

They said this law would be one that was capable of moving fast. The EU has already opened formal DMA investigations into Apple and Google. Stability AI seems to be circling the Deadpool. Checking in on the health of X. Greater homescreen control coming to iPhones? And what should we make of tech insiders selling massive amounts of shares? Sponsors: MackWeldon.com promocode RIDE Links: EU probes Apple, Meta and Alphabet under landmark new law (Financial Times) Stability AI Founder Emad Mostaque Plans To Resign As CEO, Sources Say (Forbes) Fewer people are using Elon Musk’s X as the platform struggles to attract and keep users, according to analysts (NBCNews) Spotify adds video learning courses in latest experiment (The Verge) Sources: iOS 18 Lets Apps Be Placed Anywhere on Home Screen Grid (MacRumors) Justice Department Risks Picking the Wrong Fight With Apple (Bloomberg) Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks (Financial Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meam Bright Home for Monday, March 25th, 2024.

0:07.5

I'm Brian McCullough. Today they said this law would be one that was capable of moving fast.

0:12.1

The EU has already opened formal

0:14.4

DMA investigations into Apple and Google. Stability AI seems to be circling

0:19.0

the Deadpool, checking in on the health of X. Great new home screen controls coming to iPhones

0:25.0

and what should we make of tech insiders

0:27.0

selling massive amounts of shares?

0:29.0

Here's what you miss today in the world of tech. The European Union has opened formal

0:37.4

DMA investigations into Apple and Google over letting developers quote steer users from their app stores.

0:45.5

Meta is being investigated over using user data for ads quoting the Financial Times.

0:52.0

The probes fall under the Digital Markets Act, which is designed to tackle the dominance of so-called digital gatekeepers,

0:58.0

the biggest online platforms, and came into effect earlier this month.

1:01.0

If found guilty of noncompliance companies face

1:03.7

hefty fines that could amount to up to 10% of their global turnover. These are

1:07.9

serious cases said Mark Westiger, the EU's executive vice president in charge of digital policy and they are emblematic

1:15.6

of what the DMA is supposed to deliver when it comes to choice for consumers.

1:19.4

Had we been able to resolve that with a mere discussion, they would have been solved by now, she added.

1:25.0

The legislation requires companies to allow app developers to steer users to products beyond

1:29.6

their own platforms without charging them for doing so.

1:32.4

It also states that platforms offering ranked search results must treat the listing of third-party services

1:37.4

in a quote fair and non-discriminatory manner.

1:40.2

The Commission said it was concerned that Apple and Alphabet had imposed restrictions and limitations that constrain developers ability to promote other services.

...

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