Google’s Regulatory Overhangs, Plus Hindenburg Shorts Roblox 10/8/24
Listen now
Description
Google’s regulatory headaches continue. A judge, yesterday, ordered the Alphabet-subsidiary to open up its Google Play app store as part of the Epic Games antitrust suit, and today it could face potential remedies in the DOJ's search monopoly trial. Plus, shares of the video game platform Roblox are falling today after the short-seller Hindenburg Research announced a short position, claiming that Roblox is lying about the number of people on the platform and failing to protect underage users against predators.
More Episodes
Elon Musk is emerging as a new wild card for big tech in Trump’s second administration. His empire of companies and ventures compete with megacaps on numerous levels, particularly Google, whose Waymo, Gemini and YouTube frequently go up against Musk’s Tesla, xAI and X.
Published 11/20/24
Published 11/20/24
Shares of Alphabet moved higher today despite reports that the Justice Department is planning to force a sale of the Google Chrome browser. It’s part of the government’s efforts to limit Google’s monopoly in search, but could it end up hindering the big tech firm’s position in the AI race too?
Published 11/19/24