TNB Tech Minute: Google’s Investment in Anthropic Faces U.K. Probe
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 24 October 2024
⏱️ 3 minutes
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| 0:00.0 | Adobe Express makes it quick and easy to create everything I need for my business. |
| 0:05.0 | From social posts, Tik-tocks and flyers, all in just a few clicks. |
| 0:09.0 | Get Adobe Express for free. Search for Adobe Express to find out more. |
| 0:14.0 | Here's your TMB Tech Minute for Thursday, October 24th. |
| 0:21.0 | I'm Zoe Thomas for the Wall Street Journal. |
| 0:24.0 | UK antitrust officials say they're probing whether Google's investment in artificial |
| 0:29.6 | intelligence startup anthropic poses a threat to competition. |
| 0:34.2 | The Competition in Markets Authority launched an initial review of the investment in July. |
| 0:39.4 | Now officials have opened a merger inquiry. |
| 0:41.8 | A decision on whether or not a more in-depth investigation |
| 0:44.8 | is warranted is due by December 19th. Google agreed to raise its investment inanthropic |
| 0:50.4 | to up to $2 dollars late last year. |
| 0:53.0 | A Google spokesman said the company is committed to building the quote |
| 0:57.0 | most open and innovative AI ecosystem in the world. |
| 1:00.0 | An anthropic representative said the startup would cooperate with the CMA. |
| 1:05.0 | Anthropic, which offers an AI assistant known as Claude, also has a partnership with Amazon, which poured 44 billion into it. |
| 1:13.0 | Nearly a month ago, British regulators cleared that partnership, |
| 1:16.0 | saying it didn't qualify for an in-depth investigation. |
| 1:20.0 | LinkedIn has been fined about 334 million dollars by Ireland's Data Protection Watchdog |
| 1:28.2 | for breaching European Union Data Privacy and Security Law. In their decision, Irish officials said LinkedIn wasn't |
| 1:35.7 | sufficiently informing users when seeking their consent to process third-party data for |
| 1:41.2 | behavioral analysis and targeted advertising. |
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