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TechCheck

TechCheck+ Big Tech: Too Big to Split 8/16/24

TechCheck

CNBC

Disruptors, Tech, Technology, Cnbc, Management, Business, Faang, Investing

4.566 Ratings

🗓️ 16 August 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

After losing a landmark antitrust case over its dominance in the search market, Google is now facing the real threat of a court-mandated breakup of the search giant. But on the heels of a flashy ‘Made by Google’ event showcasing new phones and AI features, Google is now more deeply integrated than ever – an ecosystem within search, cloud, streaming, hardware… and generative artificial intelligence is the thread tying it tightly together. It all means a potential breakup would be nearly impossible technically – and could hold true for other megacaps including Apple, Amazon and Meta, all of which are facing their own antitrust suits. This week on TechCheck, is big tech too big to split?

Transcript

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0:00.0

This isn't your dad's Google.

0:02.0

I want to break you.

0:03.0

Like remember before AI when you had to type to search for things.

0:06.0

Google's thermostat has been completely redesigned to look like a pixel watch.

0:11.0

That's why I love the Google Pixel Watch.

0:13.0

Two is what I live and breathe.

0:14.0

Take them all away.

0:15.0

I don't care.

0:16.0

I just want you to. It might have begun his search, but it now has the largest collection of data in the world,

0:21.0

devices, chips, cloud computing, AI models, and an AI interface.

0:25.8

Everything a company needs to dominate the modern era.

0:29.6

Google out of all the names we talk about, still has the biggest mode and still is probably the most interesting in terms of valuation.

0:35.7

Business units so large integration so deep that splitting them up would be nearly impossible

0:40.9

despite the government's push to do just that.

0:43.8

As we sit here at the next technological inflection point,

0:46.9

it's extremely important that we protect the competitive process.

0:50.5

I'm Deirdre Bosa, and this week on Tech Check breaking up Google is hard to do.

0:55.4

The mega caps are too big to split.

0:58.4

Google is A flashy event showing off new smartphones, new AI features, all as the Justice Department considers

1:16.2

dismantling the tech giant, among other options, after Google lost a huge lawsuit.

1:21.6

The US judge rules that Google illegally monopolized the search market by spending billions

1:25.8

of dollars on exclusive deals.

...

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