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Tech Brew Ride Home

Thu. 07/08 – The States Go After Google First

Tech Brew Ride Home

Amalgamated Internets, LLC

News, Tech News, Technology

4.71K Ratings

🗓️ 8 July 2021

⏱️ 21 minutes

🧾️ Download transcript

Summary

State Attorneys General file an antitrust suit against Google. But why them, first? Visa wants you to spend crypto via their platform. Fintech leads a record first half of the year for VC raises. And if payment for order flow were nixed by the SEC, what would that do to Robinhood? Sponsors: Tovala.com/ride Cybereason.com  Links: 36 states, D.C. sue Google for alleged antitrust violations in its Android app store (Politico) Visa is partnering with over 50 crypto companies to allow clients to spend and convert digital currencies (Markets Insider) OnePlus confirms the OnePlus 9 and 9 Pro throttle many popular apps to improve battery life (XDA Developers) Global Venture Funding Hits All-Time High In First Half Of 2021, With $288B Invested (Crunchbase News) London fintech funding soars in first half of the year (Reuters) Twitter Pledges to ‘Fully Comply’ With India Internet Rules (Bloomberg) Robinhood’s Debut Is Clouded by SEC Scrutiny of Payment for Order Flow (Wall Street Journal) Weekend Longreads Suggestions: Mark Zuckerberg and Sheryl Sandberg’s Partnership Did Not Survive Trump (New York Times) The U.S. says humans will always be in control of AI weapons. But the age of autonomous war is already here. (Washington Post) GitHub Copilot is not infringing your copyright (Julia Reda) Ireland’s Days as a Tax Haven May Be Ending, but Not Without a Fight (New York Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Mem Ride Home for Thursday, July 8th, 2021. I'm Brian McCullough today.

0:09.0

State Attorneys General file an antitrust suit against Google, but why them first?

0:14.8

Visa wants you to spend crypto via their platform. FinTech leads a record first half of the year

0:20.1

for VC raises, and if payment for order flow were nixed by the SEC what

0:25.6

would that do to Robin Hood? Here's what you missed today in the world of tech.

0:31.4

Attorneys general from 36 states and the District of Columbia have filed an antitrust

0:36.6

lawsuit against Google targeting the Play Store practice of forcing

0:42.2

Devs to use Google's billing system and charging

0:45.8

Devs a commission for doing so, quoting Politico. In addition to Wednesday's suit

0:52.0

Google also faces a suit that the Justice Department and 14 states filed in October, focused on Google's efforts to dominate the mobile search market.

1:01.0

One from 38 states and territories filed in December also focused on search and a

1:06.0

third suit by 15 states and territories related to Google's power over the advertising

1:11.4

technology.

1:12.7

In a blog post, Google dismissed the suit as meritless, saying the changes the plaintiff's demand

1:18.1

for its Google Play Store risk, quote, raising costs for small developers, impeding their ability to innovate and compete,

1:24.7

and making apps across the Android ecosystem less secure for consumers, end quote.

1:29.6

This lawsuit isn't about helping the little guy or protecting consumers, the company said,

1:34.0

it's about boosting a handful of major app developers who want the benefits of Google Play without paying for it, end quote.

1:40.8

The case mirrors one filed against Google by Fortnightemaker Epic Games last August and a barrage of antitrust class actions filed on behalf of app developers and consumers who allege Google's policies have led to higher prices. The bipartisan group of

1:54.6

State Attorneys General filed Wednesday's case in the same court as those

1:58.7

other App Store suits. It will be heard by the same judge James Donato, an Obama appointee who has scheduled a trial in

2:06.5

epic suit against Google for April 2022.

...

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