Wall Street Breakfast Chrome stays put
Sep 3, 2025
In a significant antitrust ruling, Google is allowed to keep its Chrome browser, boosting competition in the tech space. Disney settles a $10 million lawsuit with the FTC over children's privacy issues. Meanwhile, Salesforce's CEO reveals that AI has replaced 4,000 customer support jobs, highlighting the rapid evolution of the job market. Plus, predictions show a sharp decline in U.S. holiday spending, raising concerns among retailers.
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Google Keeps Chrome But Faces Search Remedies
- A judge ruled Google does not need to sell Chrome but must open search competition by sharing more data with rivals.
- Remedies could be years away because Google will appeal the decision.
Ruling Could Impact Apple Search Deals
- The ruling restricts exclusive search contracts while allowing paid inclusion, which may affect Apple's default search payments.
- Market reaction was immediate: Alphabet stock rose about 5% and Apple gained in pre-market trading.
Label Kids' Content Correctly
- Companies distributing content for kids must label content correctly and follow COPPA to avoid regulatory penalties.
- Mislabeling can lead to fines and expose children to inappropriate platform features.