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🗓️ 2 April 2025
⏱️ 2 minutes
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0:00.0 | Here's your TNB Tech Minute for Wednesday, April 2nd. I'm Victoria Craig for the Wall Street Journal. |
0:07.5 | Meta CEO Mark Zuckerberg today paid his third visit to the White House since President Trump was elected. |
0:13.6 | According to people familiar with the matter, Zuckerberg has been lobbying the president and administration officials to settle an antitrust lawsuit before it goes to trial |
0:22.5 | later this month. The FTC suit brought in 2020 alleges Facebook is illegally maintaining a social |
0:29.3 | networking monopoly and trying to eliminate threats by buying or freezing out smaller rivals like |
0:35.6 | WhatsApp and Instagram. Facebook says it competes with other |
0:39.3 | companies in the space, including YouTube and X, and noted the FTC has cleared the previous |
0:45.0 | tie-ups. Should the case go to trial, META could be forced to unwind those acquisitions. |
0:51.3 | Elsewhere, as the clock ticks down to Saturday's deadline for TikTok to be sold or shut down in the U.S., |
0:57.0 | two potential buyers have emerged, according to people familiar with the matter. Mobile tech |
1:01.5 | company App Loven, which some analysts see as the next TikTok, has made an offer for the China-based |
1:07.8 | company's U.S. operations that could include backing from casino |
1:11.7 | magnet Steve Wynn. Amazon also submitted a last-minute bid, though some parties involved in the |
1:17.8 | talk said the White House doesn't view Amazon's bid as one that's likely to progress. Finally, |
1:23.5 | Nintendo is betting that consumers will throw caution to the wind and shell out for its |
1:27.9 | new Switch 2 console. |
1:29.8 | It comes in June with a $450 price tag, that's a $150 bump from the original Switch, |
1:36.8 | the company's most popular console. |
1:39.3 | It'll come with new capabilities including in-game chat and a new iteration of Mario Kart. But timing of the |
1:45.4 | Switch 2's release could be a problem because many of Nintendo's products are made in China, |
1:50.6 | they could be subject to a tariff by the Trump administration. For a deeper dive into what's |
1:55.7 | happening in tech, check out Thursday's Tech News Briefing podcast. |
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