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Tech Brew Ride Home

Tue. 08/06 – Google Loses In Court

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 6 August 2024

⏱️ 19 minutes

🧾️ Download transcript

Summary

Three big stories to catch you up on. A federal judge has ruled Google is an illegal monopoly. The Game Of Thrones style drama at OpenAI is just getting weirder. And what if all those weird acquihires in all but name are actually mercy killings? Sponsors: Lumen.me/ride Links: Google Monopolized Search Through Illegal Deals, Judge Rules (Bloomberg) Forget Apple, the biggest loser in the Google search ruling could be Mozilla and its Firefox web browser (Fortune) How the Google Antitrust Ruling May Influence Tech Competition (NYTimes) OpenAI co-founder Schulman leaves for Anthropic, Brockman takes extended leave (TechCrunch) Struggling AI Startups Look for a Bailout from Big Tech (WSJ) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Mem Right Home for Tuesday, August 6th, 2024. I'm Brian McCullough today.

0:09.0

Three big stories to catch you up on. A federal judge has ruled Google is an illegal monopoly. The Game

0:14.8

of Thrones style drama at Open AI is just getting weirder and what if all those weird

0:19.5

aquahires in all but name are actually mercy killings? Here's what you miss today in the world of

0:24.5

tech. Sometimes it just all comes in waves after weeks of sort of slow summer news days

0:37.8

lots of big stories to catch you up on today a federal judge has ruled that Google illegally monopolized the

0:46.2

search market including through deals to be the default search option on phones and

0:50.7

browsers.

0:51.7

Quoting Bloomberg, Judge Amit Meta in Washington said that the alphabet units

0:57.0

$26 billion in payments to make its search engine the default option on smartphones and web browsers

1:02.4

effectively blocked any other competitor from

1:04.4

succeeding in the market.

1:06.1

Google's distribution agreements foreclose a substantial portion of the general search services

1:10.6

market and impairs rivals opportunities to compete, Meta said in a

1:14.8

286 page ruling. By monopolizing distribution on phones and browsers, Google has been

1:20.3

able to consistently raise the prices of online advertising without

1:23.8

consequences Meta said. The trial evidence firmly established that

1:27.5

Google's monopoly power maintained by the exclusive distribution agreements has

1:31.4

enabled Google to increase text ads prices without any meaningful

1:34.4

competitive constraint, he wrote.

1:36.5

Google said it plans to appeal the decision, quote, as this process continues, we will remain focused

1:41.6

on making products that people find helpful and easy

...

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