The Draghi dilemma
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 26 January 2022
⏱️ 11 minutes
🧾️ Download transcript
Summary
Google has overhauled a central piece of technology it is building to replace advertising cookies, and the owner of 7-Eleven is facing investor calls to split up. Plus, the FT’s Rome correspondent, Amy Kazmin, explains why Italy is having such a hard time finding someone who can be prime minister if Mario Draghi is elected president.
Mentioned in this podcast:
Google changes course on cookies plans following advertising industry backlash
7-Eleven owner faces investor calls to split up
The Draghi dilemma: Italian presidential election risks turbulence
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk |
| 0:09.7 | Good morning from the Financial Times. |
| 0:11.3 | Today is Wednesday, January 26th, and this is your FT News Briefing. |
| 0:18.6 | Google is backtracking on its controversial plan to replace advertising cookies |
| 0:22.9 | and convenience store chain 7-11 is under pressure to split itself up. |
| 0:27.4 | Plus, if only there were two Mario droggies. |
| 0:30.4 | Italy's Prime Minister has seen as the top choice as the country's next president, |
| 0:34.9 | but politicians can't agree on who fill his shoes as Prime Minister. |
| 0:39.7 | It is unclear whether these same parties who are the most unlikely of bedfellows |
| 0:45.9 | would ever really be able to line up together behind another individual. |
| 0:52.3 | The FT's Amy Cazman talks about the droggie dilemma and what's at stake. |
| 0:56.6 | A Mark Filipino, and here's the news you need to start your day. |
| 1:07.5 | Google has just overhauled a crucial piece of technology it's been developing as part of its plan |
| 1:12.6 | to replace cookies. Advertising cookies are those small files in your browser that track your |
| 1:17.6 | online behavior advertisers rely on them to make money. To help figure out why Google is making |
| 1:23.7 | this move I reached out to our West Coast editor Richard Waters. |
| 1:27.7 | Well, Abtech is deeply complex, but I think the way to think about this is that Google has two |
| 1:34.2 | fundamental problems. One problem is that a lot of publishers and people in the advertising world |
| 1:40.8 | don't trust them. Google hasn't been its own best friend here because they have this |
| 1:47.7 | tendency to cook up clever technical schemes and then drop them on the industry and everybody |
| 1:54.4 | kind of runs away and looks at this and decides that do we really trust what Google is doing. |
... |
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