Platformer Editor Casey Newton on Facebook Cornering VR, 23andMe CEO on Public Debut Today & Google’s First Retail Store Opens in NYC
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 17 June 2021
⏱️ 42 minutes
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| 0:00.0 | I'm Carl Kintanilla. You're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern. |
| 0:05.9 | Listen in. Good Thursday morning and welcome to Tech Tech. I'm Georgia Bosa with John Ford and Julia |
| 0:11.4 | Borsten. Carl has the morning off. Today, Facebook targets the VR market and tests out Oculus |
| 0:17.8 | ads, an exclusive with the CEO of 23 and me as they go public through Richard Branson's spec. |
| 0:24.8 | And Satya Nadella adds the title of chairman to his LinkedIn. |
| 0:33.4 | Check out the Dow underperforming the rest of the market lower for a fourth straight day. |
| 0:37.8 | The longest losing streak since January, although stocks have put the brakes on yesterday's bed-induced slide, |
| 0:44.0 | the NASDA continues to lead on path for a fifth straight weekly gain, and tech is the top performing sector. |
| 0:51.0 | Yeah, and big tech regulation moves ahead. |
| 0:53.5 | A slew of bipartisan bills targeting giants like |
| 0:55.6 | Amazon and Google. Getting an extra boost yesterday with House Judiciary Chairman Jerry Nadler |
| 1:00.9 | backing up his colleagues on Capitol Hill. The world's biggest companies are opposed to many |
| 1:06.1 | global efforts to curb their growth. Apple's Tim Cook speaking yesterday at Viva Tech. |
| 1:12.0 | The current DMA language that is being discussed would force side loading on the iPhone. |
| 1:20.1 | And so this would be an alternate way of getting apps onto the iPhone. As we look at that, |
| 1:26.1 | that would destroy the security of the iPhone and a lot of the privacy |
| 1:31.5 | initiatives that we built into the app store. Cook, they're taking issue with the Digital |
| 1:36.5 | Markets Act, an EU proposal, which would designate large companies like Apple as gatekeepers |
| 1:41.6 | and crack down on their market dominance by restricting |
| 1:44.9 | data sharing and self-preferencing. Now, Cook praised other efforts like the Digital Services |
| 1:50.7 | Act, which would push for transparency on content moderation. Now, despite this bipartisan push to |
| 1:56.5 | regulate, there is still some opposition with House Republican leader Kevin McCarthy. |
... |
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