Wed. 7/18 - The Massive Google Fine
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 18 July 2018
⏱️ 20 minutes
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| 0:00.0 | Welcome to the Tech Mem Ride Home for Wednesday, July 18th, 2018. I'm Brian McCullough. |
| 0:10.0 | Today, Google faces a record European fine. |
| 0:14.0 | Inside Google, Nest gets a major reshuffle. |
| 0:18.0 | Walmart guns for Netflix. |
| 0:20.0 | Venmo transactions can be public, can cool camera tech destined for smartphones actually improve autonomous vehicles. |
| 0:29.0 | Here's what you miss today in the world of tech. |
| 0:40.0 | Google has been hit with a record fine from the European Commission for breaking antitrust laws regarding its Android mobile devices. |
| 0:44.0 | The fine is for 4.3 billion euros which amounts to 5.06 billion dollars. |
| 0:50.0 | The European Commission says that Google has been abusing its Android market dominance in two main ways. |
| 0:58.0 | First, Google bundles its search engine and chrome apps into the Android operating system. |
| 1:05.0 | Device makers must include Google Search and Chrome on their devices or they can't use the |
| 1:09.2 | preferred Android App Store. |
| 1:12.0 | Second, the Commission alleges that Google has actively blocked phone makers from |
| 1:16.2 | making forked versions of Android, and it, quote, made payments to certain large manufacturers |
| 1:21.6 | and mobile network operators to keep Google the default search |
| 1:25.3 | on devices. |
| 1:26.3 | EU competition chief Marguerite Vestager said, quote, Google has used Android as a vehicle to cement the dominance of its search engine. |
| 1:36.1 | These practices have denied rivals the chance to innovate and compete on the merits, end quote. |
| 1:41.4 | The fine would represent 40% of Google's net profits last year in 2017, which were |
| 1:48.0 | 12.62 billion dollars. Previously, the largest fine levied by the European Commission was also handed down to Google, |
| 1:57.0 | 2.42 billion euros for allegedly manipulating search results. |
| 2:02.0 | Google, by the way, is still appealing that fine. |
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