TNB Tech Minute: Google May Have Breached U.K. Competition Law
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 6 September 2024
⏱️ 2 minutes
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| 0:00.0 | Here's your TMB Tech Minute for Friday, September 6th. |
| 0:05.0 | I'm Zoe Thomas for the Wall Street Journal. |
| 0:08.0 | UK antitrust officials say Google might be stifling competition |
| 0:12.0 | by favoring its own ad tech services. |
| 0:15.0 | The UK's Competition and Markets Authority said a preliminary investigation |
| 0:20.0 | found that most publishers and advertisers use Google's ad tech services, which led publishers |
| 0:25.8 | and advertisers bid for and sell ad space. |
| 0:29.6 | Officials are concerned Google is In a statement Google's vice president of global ads said the company disagreed with UK officials and that the core of the case rests on flawed interpretations of the ad tech sector. |
| 0:51.0 | Telegram founder and CEO Pavel Durav has denied that the messaging app refused to cooperate |
| 0:57.1 | with European authorities to counter illegal content. |
| 1:01.0 | French authorities charged Durav with crimes including complicity and spreading illicit content on telegram. |
| 1:07.0 | In a post on the app, Durav acknowledged the sharp increase in telegram users had made it easier for criminals to abuse the platform, but he said it removed |
| 1:16.1 | millions of harmful posts and channels every day. |
| 1:19.6 | These were his first public comments since he was arrested by French authorities at the end of August. |
| 1:25.5 | And we're exclusively reporting that J.P. Morgan Chase is investigating thousands of incidents |
| 1:30.3 | of possible check fraud committed as part of a Tik-Tok craze. |
| 1:34.4 | The bank plans to share the evidence it gathers with police departments around the country. |
| 1:39.0 | Videos on Tik-Tok showed a so-called glitch that allowed chase customers to deposit big checks and withdraw funds |
| 1:45.0 | from ATMs immediately, even if there weren't sufficient funds available. |
| 1:49.4 | Normally, the bank allows customers to withdraw a portion of deposited checks before they're cleared. |
| 1:55.0 | But a technical issue last week allowed customers to withdraw the full amount of a check |
| 1:59.6 | before it had cleared. |
... |
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