This chapter explores recent antitrust developments impacting major tech firms like Alphabet and Apple, focusing on how regulatory actions might influence investor sentiment and business practices. It also examines the intersection of technology and health, particularly new features in Apple's products and the evolving perception of the Apple Watch. Finally, the discussion shifts to social dynamics post-pandemic, analyzing a 'dating recession' among younger demographics and the decline in face-to-face interactions.
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Bloomberg Technology Co-Host Ed Ludlow breaks down the news that Apple lost its court fight over a €13 billion ($14.4 billion) Irish tax bill and Google lost its challenge over a €2.4 billion fine for abusing its market power, in a double boost to the European Union’s crackdown on Big Tech. Bloomberg News Wealth Reporter Ben Steverman shares the details of his Businessweek Magazine story Covid-Fueled ‘Dating Recession’ Risks Long-Term Economic Damage. Bloomberg News Automotive Regulations Reporter Keith Laing explains how EV leases as low as $20 a month could help dealers move unwanted cars. Wen Mao, Dean of Villanova School of Business and Bloomberg News Senior Editor Dimitra Kessenides discuss the growing number of women leading business schools. And we Drive to the Close with Amanda Agati, CIO at PNC Asset Management.
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