Viewsroom: Europe puts Google in a bind

Viewsroom

Reuters

News

4.4 • 58 Ratings

🗓️ 19 July 2018

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

The search firm can easily cover the EU’s $5 bln fine for using its Android phone system to stymie rivals. But the order to stop forcing handset makers to pre-install its software could clip innovation. Plus: Goldman Sachs and Tesla put lackluster corporate governance on show. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	To be or not to be.
0:02.8	Right now we're offering a range of incentives across Audi models.
0:06.5	That is the...
0:07.5	But only until the 28th of February.
0:10.0	The...
0:10.7	Um...
0:12.0	So stop whatever you're doing.
0:14.4	Um... I'll be right back.
0:17.1	Just carry on without me.
0:18.3	And find yours online or at Finchley Road, Audi.
0:21.5	Audi, four-sprung Duck Technic.
0:23.8	Terms and conditions apply.
0:25.1	Selected models, retail customers and participating Audi centers only.
0:29.8	The views expressed on this podcast are those of the participants, not of Roalders' News.
0:40.0	Google's $5 billion slap from the EU is the least of its worries.
0:44.7	Goldman Sachs has a new boss, and Elon Musk is eating his words.
0:49.0	These are the topics we'll be discussing on this week's edition of the Views Room,
0:52.5	a weekly conversation among breaking views columnists about the ups and downs of the world of finance. I'm Jennifer Sabah, and with me,
0:59.1	as always, is Anthony Curry. Hi, Anthony. Good-day, Jen. All right, so Google can easily afford to pay
1:04.7	the fine imposed by the European Commission since it represents about 5% of its short-term cash,
1:09.5	but another part of the order is potentially much more damaging.
1:13.2	And here to walk us through it is Breaking View's columnist Rob Siren.
	...

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