Ticker History by Bullish Studio
The US Govt Sues Google For Antitrust AGAIN and Zoom Fatigue is real - 'No Bull with Zaid'
Ticker History by Bullish Studio
•10-22-2020
DESCRIPTION
Zaid explains why the U.S. Justice Department is claiming Google is a monopoly and what’s been going on with Zoom since their big boom at the beginning of COVID-19.
The U.S. Justice Department claims Google is operating as a monopoly over the search and search advertising market. This is the biggest antitrust lawsuit since a case was filed against Microsoft in the late 90s. Because Google owns 90% of the search market share, they can charge a lot of money to advertisers.Google is also accused of paying Apple up to $12 billion a year to be the default search engine on Apple devices. This is a huge case that could completely alter how consumers use the internet.
While other companies struggle to stay afloat in the midst of COVID-19, the video conferencing company Zoom continues to soar. After coming onto the scene in March when the world was on lockdown, Zoom offered a place to connect with friends, coworkers, students and more. In an effort to expand their product offering, diversify their income and combat “zoom fatigue,” the company has created OnZoom, a platform to host paid online events.
Want more from Zaid? Follow him in TikTok: https://www.tiktok.com/@admani_explains?lang=en
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Bullish is excited to launch our new Youtube series with social media storyteller and TikTok star Zaid Admani. No Bull with Zaid explains market trends, changes in technology and what moves major companies are making next – but without all the BS. Zaid tells it how it is, explaining exactly what you need to know and why.
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