Latest news with #DrivetotheClose
Bloomberg
17-04-2025
- Business
- Bloomberg
Bloomberg Businessweek: Google's Antitrust Case
Google illegally monopolized some online advertising technology markets, according to a federal judge, whose ruling marked the latest antitrust setback for the company and a challenge to its main source of revenue. US District Judge Leonie Brinkema found on Thursday that the Alphabet Inc. unit violated antitrust law in the markets for advertising exchanges and tools used by websites to sell ad space, known as ad servers. But she said the company didn't meet the definition of a monopoly for a third market of tools used by advertisers to buy display ads. Alphabet shares quickly sank as much as 3.2% on the ruling, then slightly pared their losses. The stock was down 1.1% at $153.78 at 1:10 p.m. in New York. Brinkema's decision marked the second time in a year that Google was found by a court to be an illegal monopolist. A trial begins Monday in Washington on a remedy after the company was found to monopolize the online search market. The Justice Department is seeking to force Alphabet to sell off its Chrome browser. In the ad technology case, Brinkema wrote in her 115-page opinion Thursday that 'Google has willfully engaged in a series of anticompetitive acts to acquire and maintain monopoly power in the publisher ad server and ad exchange markets for open-web display advertising.' For over a decade, Google pushed web publishers to use its tools that both placed ads on websites and help manage their advertising business, the judge found. Today's show features: Bloomberg News Legal Team Leader Sara Forden on Google's Antitrust Case and Supreme Court to Hear Citizenship Case Michael McKee, Bloomberg International Economics and Policy Correspondent & Bloomberg Federal Reserve reporter Catalina Saraiva on whether the Fed's independence is in question Ken Natori, President of Natori Company, on how tariffs are impacting retail sector and we Drive to the Close with ReAnn Mitrione, Founder and CFA at Callan Family Office Hosts: Carol Massar and Tim Stenovec Producer: Sebastian Escobar
Bloomberg
16-04-2025
- Automotive
- Bloomberg
Bloomberg Businessweek: US/China Trade War Heats Up
Watch Carol and Tim LIVE every day on YouTube: Today's show features: Caroline Freund, Dean of the School of Global Policy and Strategy at UC San Diego on US/China relations Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani & Bloomberg Technology co-host Ed Ludlow on latest Nvidia & AMD news Silvio Tavares, CEO at VantageScore on bank consumer sentiment and retail tariffs affecting credit scores and we Drive to the Close with David Harden, CIO of Summit Global Investments Hosts: Carol Massar and Tim Stenovec Producer: Sebastian Escobar
Bloomberg
02-04-2025
- Business
- Bloomberg
Businessweek Daily: Amazon TikTok Bid, AWS and the State of AI
Watch Carol and Tim LIVE every day on YouTube: Spencer Soper, Bloomberg Technology & E-Commerce Reporter, discusses Amazon's last minute bid to acquire TikTok. Dave Brown Vice President, AWS Compute & Networking, breaks down the state of AI, computing and innovation. Ava Benny-Morrison, Bloomberg News Legal Reporter, explains a federal judge's ruling to dismiss corruption charges against Eric Adams. And we Drive to the Close with Noah Hamman, Founder & CEO of AdvisorShares. Hosts: Carol Massar and Tim Stenovec.
Bloomberg
21-02-2025
- Business
- Bloomberg
Bloomberg Businessweek: DOJ Probes UnitedHealth
Watch Carol and Tim LIVE every day on YouTube: Bloomberg News Health Care Reporter John Tozzi discusses the US Justice Department investigating UnitedHealth's Medicare billing practices. Eurotelesites CFO Lars Mosdorf and Bloomberg News Senior Editor Nina Trentmann examine the business environment in Europe. Bloomberg News Chief Technology Correspondent Mark Gurman talks about President Trump saying Apple CEO Tim Cook promising to shift Apple's manufacturing from Mexico to the US during a meeting at the White House this week. And we Drive to the Close with Kathy Entwistle, Managing Director at Morgan Stanley Private Wealth Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
Bloomberg
18-02-2025
- Business
- Bloomberg
Bloomberg Businessweek: US and Russia Talk Ukraine
Watch Carol and Tim LIVE every day on YouTube: Angela Stent, Senior Fellow at Brookings Institution, shares her thoughts on Ukrainian President Volodymyr Zelenskiy canceling his visit to Saudi Arabia after being shut out of talks between the US and Russia on the future of his country. Jimmy Lee, CEO at Wealth Consulting Group, talks about investing in cyclical sectors and small cap stocks. Bloomberg Intelligence Senior Aerospace, Defense & Airlines Analyst George Ferguson discusses the Delta upside down crash landing in Toronto. And we Drive to the Close with Lance Cannon, Portfolio Manager at Hood River Capital Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
