1 00:00:00,400 --> 00:00:03,600 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,720 --> 00:00:07,680 Speaker 1: Charlie Pellett. A federal judge has ruled that Alphabet's Google 3 00:00:07,800 --> 00:00:11,280 Speaker 1: does not have to sell its popular Chrome web browser. 4 00:00:11,640 --> 00:00:15,600 Speaker 2: It is surprising because Judge Matter was in favor of 5 00:00:15,800 --> 00:00:19,480 Speaker 2: divesting Chrome, which is the key asset here that everyone 6 00:00:19,720 --> 00:00:21,840 Speaker 2: is looking at, and in this case, I think the 7 00:00:21,920 --> 00:00:25,840 Speaker 2: ruling clearly states that they're not required to divest Chrome. 8 00:00:25,960 --> 00:00:29,360 Speaker 2: At the same time, there won't be any exclusive contracts, 9 00:00:29,400 --> 00:00:33,040 Speaker 2: so that means the Google Apple thing won't be at 10 00:00:33,080 --> 00:00:34,159 Speaker 2: least allowed anymore. 11 00:00:34,240 --> 00:00:37,960 Speaker 1: Bloomberg's man Deep Singh. The ruling came in the Justice 12 00:00:38,000 --> 00:00:43,920 Speaker 1: departments landmark antitrust case against the search engine. Treasury Secretary 13 00:00:43,960 --> 00:00:48,199 Speaker 1: Scott Besant is reportedly planning to start interviews on Friday 14 00:00:48,600 --> 00:00:50,920 Speaker 1: in search of a candidate to be the next chair 15 00:00:50,960 --> 00:00:53,840 Speaker 1: of the Federal Reserve. The Wall Street Journal says the 16 00:00:53,880 --> 00:00:57,800 Speaker 1: interview process will continue next week, adding that Besant will 17 00:00:57,840 --> 00:01:01,960 Speaker 1: be talking to candidates either in person or by video conference. 18 00:01:02,440 --> 00:01:05,880 Speaker 1: Robert Kaplan is vice chair at Goldman Sachs. He's a 19 00:01:05,920 --> 00:01:09,240 Speaker 1: former Dallas Fed chief, and he spoke to Bloomberg from 20 00:01:09,240 --> 00:01:13,080 Speaker 1: the sidelines of the Goldman Sachs Asia Leaders Conference. 21 00:01:13,440 --> 00:01:16,560 Speaker 3: Jaypal's term as chairman ends in May, and so it 22 00:01:16,600 --> 00:01:19,800 Speaker 3: makes sense that they should start the interview process. I 23 00:01:19,880 --> 00:01:22,600 Speaker 3: think the main thing for the leader, the next leader 24 00:01:22,600 --> 00:01:25,959 Speaker 3: of the FED has to be somebody who has strong 25 00:01:26,040 --> 00:01:30,920 Speaker 3: grounding and economics and can make independent judgments about the economy. 26 00:01:31,160 --> 00:01:35,520 Speaker 1: Robert Kaplan, former Dallas FED chief, speaking to Bloomberg following 27 00:01:35,560 --> 00:01:39,240 Speaker 1: the interviews, Bestent plans to recommend a finalist of candidates 28 00:01:39,280 --> 00:01:43,200 Speaker 1: to President Trump. FED Governor Lisa Cook's lawyer say President 29 00:01:43,200 --> 00:01:46,679 Speaker 1: Trump's move to Ouster is based on quote cut and 30 00:01:46,760 --> 00:01:52,600 Speaker 1: paced allegations relating to mortgage fraud. The House Oversight Committee 31 00:01:52,640 --> 00:01:56,280 Speaker 1: has released more than thirty three thousand pages of files 32 00:01:56,360 --> 00:02:01,000 Speaker 1: related to Jeffrey Epstein. CBS reports many of the documents 33 00:02:01,040 --> 00:02:04,200 Speaker 1: were already in the public domain. The release came as 34 00:02:04,280 --> 00:02:09,120 Speaker 1: lawmakers pressed the Trump administration to disclose more information on 35 00:02:09,200 --> 00:02:13,880 Speaker 1: the criminal probe into Epstein. Republican Congressman Thomas Massey of 36 00:02:14,000 --> 00:02:18,360 Speaker 1: Kentucky says tomorrow some of those victims will speak publicly. 37 00:02:18,720 --> 00:02:21,320 Speaker 4: I haven't had time to look at all the documents 38 00:02:21,320 --> 00:02:23,440 Speaker 4: that have been released by the Oversight Committee, but I 39 00:02:23,480 --> 00:02:26,840 Speaker 4: think the scope of their investigation is such that the 40 00:02:26,840 --> 00:02:29,880 Speaker 4: things they requested aren't even going to include all the 41 00:02:29,880 --> 00:02:34,880 Speaker 4: things that we need, and the few documents that we 42 00:02:34,960 --> 00:02:38,640 Speaker 4: have been able to view are heavily redacted to the 43 00:02:38,720 --> 00:02:41,519 Speaker 4: degree that they wouldn't show us anything new. 44 00:02:41,680 --> 00:02:46,280 Speaker 1: Republican Congressman Thomas Massey of Kentucky. President Trump says his 45 00:02:46,360 --> 00:02:50,280 Speaker 1: administration will ask the US Supreme Court for an expedited 46 00:02:50,360 --> 00:02:54,160 Speaker 1: ruling to overturn a federal appeals court ruling that found 47 00:02:54,200 --> 00:02:56,200 Speaker 1: many of his tariffs are illegal. 48 00:02:56,440 --> 00:03:01,320 Speaker 5: We are leading very substantially with AI. We're leading because 49 00:03:01,360 --> 00:03:03,799 Speaker 5: of tariffs. We're leading because of talent, and this is 50 00:03:03,840 --> 00:03:06,000 Speaker 5: where they'd like to be. But without the tariffs, we 51 00:03:06,000 --> 00:03:08,040 Speaker 5: wouldn't have a chance because we wouldn't be able to 52 00:03:08,080 --> 00:03:12,520 Speaker 5: protect those investments of the companies coming in. So if 53 00:03:12,560 --> 00:03:16,280 Speaker 5: you took away tariffs, we could end up being a 54 00:03:16,320 --> 00:03:17,360 Speaker 5: third world country. 55 00:03:17,440 --> 00:03:21,280 Speaker 1: Republican Senator Joni Earnst of Iowa says she will not 56 00:03:21,440 --> 00:03:25,800 Speaker 1: seek reelection, officially opening a key Senate battleground ahead of 57 00:03:25,840 --> 00:03:29,280 Speaker 1: twenty twenty six midterms. She made the announcement in a 58 00:03:29,400 --> 00:03:30,360 Speaker 1: video message. 59 00:03:30,400 --> 00:03:32,840 Speaker 6: Having been raised in a family who has given me 60 00:03:33,040 --> 00:03:37,800 Speaker 6: so much love and support. Now as our family ages 61 00:03:38,200 --> 00:03:41,560 Speaker 6: and grows. It's my time for me to give back 62 00:03:41,600 --> 00:03:45,440 Speaker 6: to them. After a tremendous amount of prayer and reflection, 63 00:03:46,080 --> 00:03:49,360 Speaker 6: I will not be seeking reelection in twenty twenty six. 64 00:03:50,160 --> 00:03:54,440 Speaker 6: This was no easy decision. I love my state and country. 65 00:03:54,960 --> 00:03:59,440 Speaker 1: Apple's lead AI researcher for robotics has left the company 66 00:03:59,480 --> 00:04:02,520 Speaker 1: to join me a platform's competing effort, part of an 67 00:04:02,600 --> 00:04:06,640 Speaker 1: exodus of AI talent from the iPhone maker. Bloomberg's Mark 68 00:04:06,640 --> 00:04:11,240 Speaker 1: Grumman says there are a few reasons for these departures, including. 69 00:04:10,880 --> 00:04:15,080 Speaker 7: Apple has been seriously contemplating moving away from in house 70 00:04:15,200 --> 00:04:18,479 Speaker 7: model technology for some of its products and using more 71 00:04:18,760 --> 00:04:22,400 Speaker 7: from companies like Google or Anthropic or open Ai, and 72 00:04:22,520 --> 00:04:24,880 Speaker 7: the LM researchers at Apple some of them think they're 73 00:04:24,920 --> 00:04:27,039 Speaker 7: seeing the writing on the wall and maybe it's time 74 00:04:27,080 --> 00:04:29,600 Speaker 7: to get out of there before Apple really reduces the 75 00:04:29,680 --> 00:04:33,200 Speaker 7: use of their technologies. Of course, internally, Apple has denied 76 00:04:33,520 --> 00:04:34,720 Speaker 7: the idea that they're going to move. 77 00:04:34,600 --> 00:04:39,120 Speaker 1: Away, Bloomberg's Mark Grumman. A jury in Los Angeles finds 78 00:04:39,240 --> 00:04:44,839 Speaker 1: rapper Cardi B not liable for assault, battery or emotional distress, 79 00:04:45,279 --> 00:04:49,520 Speaker 1: awarding zero damages to the security guard who filed a 80 00:04:49,560 --> 00:04:54,360 Speaker 1: civil lawsuit against the artists. Immani Ellis alleges that Carti 81 00:04:54,440 --> 00:04:58,440 Speaker 1: assaulted her at a Beverly Hills medical building in twenty eighteen. 82 00:04:59,080 --> 00:05:03,440 Speaker 1: Cardi always maintained her innocence and spoke to reporters outside 83 00:05:03,520 --> 00:05:05,040 Speaker 1: the courthouse this. 84 00:05:04,920 --> 00:05:07,600 Speaker 6: Time around, I'm gonna be nice. The next person to 85 00:05:07,720 --> 00:05:12,240 Speaker 6: try to do a frivolous lawsuit against me. I'm going 86 00:05:12,279 --> 00:05:14,680 Speaker 6: to counter soon and I'm gonna make you pay. 87 00:05:14,960 --> 00:05:19,680 Speaker 1: Cardi b speaking outside the courthouse. And that's news when 88 00:05:19,720 --> 00:05:22,919 Speaker 1: you want it. With Bloomberg News now, I'm Charlie Peltank. 89 00:05:23,040 --> 00:05:24,280 Speaker 1: This is Bloomberg