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Wed. 06/14 – EU Threatens Google With A Breakup

Jun 14, 2023
The European Commission is considering breaking up Google’s advertising empire. Reddit’s CEO reassures employees amid user protests. Exciting advancements from OpenAI and Meta are changing the AI landscape. Cybersecurity insurance costs are skyrocketing as cyber threats escalate. Spotify shifts its podcasting strategy, placing more focus on empowering independent creators. The tech job market is evolving rapidly, grappling with the impact of AI on employment and demand for specialists.
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INSIGHT

EU vs Google Ads

  • The EU issued a complaint against Google, suggesting a breakup of its ad business.
  • This action targets Google's main revenue source and is a rare move at this investigation stage.
ANECDOTE

Reddit Blackout Update

  • Reddit CEO Steve Huffman believes the subreddit blackout will pass, downplaying revenue impact.
  • He also warned employees about wearing Reddit items publicly due to potential user frustration.
ANECDOTE

Impact on Google Search

  • The Reddit blackout impacts Google searches that include "Reddit" for better results.
  • Brian McCullough illustrates how the blackout affects finding information, even for non-regular Reddit users.
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