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🗓️ 14 November 2024
⏱️ 2 minutes
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0:00.0 | Courage. I learned it from my adoptive mom. |
0:03.0 | Hold my hand? |
0:03.7 | You hold my hand! |
0:06.0 | Learn about adopting a team from foster care at Adoptuskids.org. |
0:10.1 | You can't imagine the reward. |
0:11.5 | Brought to you by Adop. U.S. Kids, the U.S. Department of Health and Human Services, and the Ad Council. |
0:16.8 | Here's your TAMB Tech Minute for Thursday, November the 14th. |
0:22.6 | I'm James Rundle for the Wall Street Journal. The European Commission has fined meta platforms roughly $843 million, saying its advertising practices undermined competition in the block. |
0:32.9 | The European Union's anti-trust arm said that the social media giant's practice of linking its marketplace |
0:38.2 | ads platform to Facebook gave it an unfair advantage over competitors, particularly through the data |
0:43.7 | it collects. Meta said it would appeal the fine. It denied using competitors' data in a way |
0:48.8 | that disadvantages them and said the company imposes safeguards. Meta resolved a similar investigation from antitrust authorities in the UK last year |
0:57.5 | by agreeing to change how it uses advertisers data. |
1:01.6 | UK Consumer Protection Group, which, says it's suing Apple for the equivalent of $3.8 billion. |
1:07.8 | It's claiming the company breaches competition law by tying users to its |
1:11.4 | iCloud service. The lawsuit, filed with a British antitrust court, is seeking compensation |
1:16.6 | for customers who have used iCloud since 2015. Apple said that its users aren't forced to use |
1:22.1 | iCloud and that it would contest the claims. And Cisco Systems reported lower revenue and profit in its first quarter. |
1:29.1 | The networking equipment company posted a profit of $2.7 billion down from $3.6 billion |
1:34.7 | for the same period last year. Revenue fell 5.6% to $13.84 billion but beat analyst expectations. |
1:43.1 | The company said in August that it would cut around |
1:45.6 | 6,000 jobs, which expects to cost up to $1 billion in severance and related charges. |
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