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Slate News

Slate Money - Is Apple’s Monopoly Good for Us?

Slate News

Slate Podcasts

News, News Commentary, Politics

4.56K Ratings

🗓️ 23 March 2024

⏱️ 50 minutes

🧾️ Download transcript

Summary

This week: Biden’s comin’ for your iPhone! Or at least, his administration wants to make it less restrictive to third-party developers. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the new Apple DOJ lawsuit, how Reddit can leverage its massive IPO, and new rules for real estate brokers that could change the home-buying experience. In the Plus segment: Unilever is dropping Ben & Jerry’s. When did America stop screaming for ice cream?

If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our regular show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work.

Podcast production by Jared Downing and Cheyna Roth.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Hello, welcome to sleep money. Hello!

0:13.0

Welcome to Slate Money, your guide to the business and finance news of the week.

0:18.0

I'm Felix Simon of Axios with Elizabeth Spires of New York Times.

0:22.0

Hello.

0:22.9

It's Emily Peck, Abaxios.

0:25.0

Hi, hi.

0:25.8

We have so much to talk about.

0:27.2

Three, four big stories this week.

0:28.6

We're just jamming this show full of them.

0:31.0

We are going to talk about the big Department of Justice

0:34.0

antitrust suit against Apple which wiped $114 billion off the Apple

0:38.7

stock valuation. We are going to talk about the Reddit IPO and possibly even next week's listing of Truth

0:45.8

Social.

0:46.8

We are going to talk about the National Association of Realtors and the way that buyers commissions

0:52.4

are now up in the air and questions of what

0:55.8

happens to the entire real estate broker industry. We're going to talk about that.

0:59.8

We have a slate-plus segment about Ben and Jerry's and ice cream in the business of Ice Cream.

1:06.0

It's all coming up on Slate Money.

1:10.0

Okay, so let's start with the big news, which is that the biggest company in the world,

1:17.8

Apple, which is worth $2.7 trillion or something like that.

1:22.3

Shocker turns out to be a monopoly,

1:25.4

according to the DOJ, which I'm just going to come out and say

...

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