WEBVTT - Google to Keep Chrome, WSJ: Fed Chair Interviews on Friday, More

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<v Speaker 1>News when you want it with Bloomberg News Now, I'm

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<v Speaker 1>Charlie Pellett. A federal judge has ruled that Alphabet's Google

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<v Speaker 1>does not have to sell its popular Chrome web browser.

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<v Speaker 2>It is surprising because Judge Matter was in favor of

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<v Speaker 2>divesting Chrome, which is the key asset here that everyone

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<v Speaker 2>is looking at, and in this case, I think the

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<v Speaker 2>ruling clearly states that they're not required to divest Chrome.

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<v Speaker 2>At the same time, there won't be any exclusive contracts,

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<v Speaker 2>so that means the Google Apple thing won't be at

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<v Speaker 2>least allowed anymore.

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<v Speaker 1>Bloomberg's man Deep Singh. The ruling came in the Justice

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<v Speaker 1>departments landmark antitrust case against the search engine. Treasury Secretary

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<v Speaker 1>Scott Besant is reportedly planning to start interviews on Friday

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<v Speaker 1>in search of a candidate to be the next chair

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<v Speaker 1>of the Federal Reserve. The Wall Street Journal says the

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<v Speaker 1>interview process will continue next week, adding that Besant will

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<v Speaker 1>be talking to candidates either in person or by video conference.

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<v Speaker 1>Robert Kaplan is vice chair at Goldman Sachs. He's a

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<v Speaker 1>former Dallas Fed chief, and he spoke to Bloomberg from

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<v Speaker 1>the sidelines of the Goldman Sachs Asia Leaders Conference.

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<v Speaker 3>Jaypal's term as chairman ends in May, and so it

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<v Speaker 3>makes sense that they should start the interview process. I

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<v Speaker 3>think the main thing for the leader, the next leader

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<v Speaker 3>of the FED has to be somebody who has strong

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<v Speaker 3>grounding and economics and can make independent judgments about the economy.

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<v Speaker 1>Robert Kaplan, former Dallas FED chief, speaking to Bloomberg following

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<v Speaker 1>the interviews, Bestent plans to recommend a finalist of candidates

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<v Speaker 1>to President Trump. FED Governor Lisa Cook's lawyer say President

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<v Speaker 1>Trump's move to Ouster is based on quote cut and

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<v Speaker 1>paced allegations relating to mortgage fraud. The House Oversight Committee

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<v Speaker 1>has released more than thirty three thousand pages of files

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<v Speaker 1>related to Jeffrey Epstein. CBS reports many of the documents

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<v Speaker 1>were already in the public domain. The release came as

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<v Speaker 1>lawmakers pressed the Trump administration to disclose more information on

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<v Speaker 1>the criminal probe into Epstein. Republican Congressman Thomas Massey of

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<v Speaker 1>Kentucky says tomorrow some of those victims will speak publicly.

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<v Speaker 4>I haven't had time to look at all the documents

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<v Speaker 4>that have been released by the Oversight Committee, but I

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<v Speaker 4>think the scope of their investigation is such that the

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<v Speaker 4>things they requested aren't even going to include all the

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<v Speaker 4>things that we need, and the few documents that we

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<v Speaker 4>have been able to view are heavily redacted to the

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<v Speaker 4>degree that they wouldn't show us anything new.

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<v Speaker 1>Republican Congressman Thomas Massey of Kentucky. President Trump says his

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<v Speaker 1>administration will ask the US Supreme Court for an expedited

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<v Speaker 1>ruling to overturn a federal appeals court ruling that found

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<v Speaker 1>many of his tariffs are illegal.

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<v Speaker 5>We are leading very substantially with AI. We're leading because

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<v Speaker 5>of tariffs. We're leading because of talent, and this is

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<v Speaker 5>where they'd like to be. But without the tariffs, we

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<v Speaker 5>wouldn't have a chance because we wouldn't be able to

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<v Speaker 5>protect those investments of the companies coming in. So if

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<v Speaker 5>you took away tariffs, we could end up being a

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<v Speaker 5>third world country.

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<v Speaker 1>Republican Senator Joni Earnst of Iowa says she will not

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<v Speaker 1>seek reelection, officially opening a key Senate battleground ahead of

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<v Speaker 1>twenty twenty six midterms. She made the announcement in a

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<v Speaker 1>video message.

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<v Speaker 6>Having been raised in a family who has given me

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<v Speaker 6>so much love and support. Now as our family ages

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<v Speaker 6>and grows. It's my time for me to give back

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<v Speaker 6>to them. After a tremendous amount of prayer and reflection,

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<v Speaker 6>I will not be seeking reelection in twenty twenty six.

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<v Speaker 6>This was no easy decision. I love my state and country.

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<v Speaker 1>Apple's lead AI researcher for robotics has left the company

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<v Speaker 1>to join me a platform's competing effort, part of an

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<v Speaker 1>exodus of AI talent from the iPhone maker. Bloomberg's Mark

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<v Speaker 1>Grumman says there are a few reasons for these departures, including.

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<v Speaker 7>Apple has been seriously contemplating moving away from in house

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<v Speaker 7>model technology for some of its products and using more

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<v Speaker 7>from companies like Google or Anthropic or open Ai, and

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<v Speaker 7>the LM researchers at Apple some of them think they're

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<v Speaker 7>seeing the writing on the wall and maybe it's time

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<v Speaker 7>to get out of there before Apple really reduces the

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<v Speaker 7>use of their technologies. Of course, internally, Apple has denied

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<v Speaker 7>the idea that they're going to move.

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<v Speaker 1>Away, Bloomberg's Mark Grumman. A jury in Los Angeles finds

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<v Speaker 1>rapper Cardi B not liable for assault, battery or emotional distress,

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<v Speaker 1>awarding zero damages to the security guard who filed a

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<v Speaker 1>civil lawsuit against the artists. Immani Ellis alleges that Carti

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<v Speaker 1>assaulted her at a Beverly Hills medical building in twenty eighteen.

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<v Speaker 1>Cardi always maintained her innocence and spoke to reporters outside

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<v Speaker 1>the courthouse this.

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<v Speaker 6>Time around, I'm gonna be nice. The next person to

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<v Speaker 6>try to do a frivolous lawsuit against me. I'm going

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<v Speaker 6>to counter soon and I'm gonna make you pay.

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<v Speaker 1>Cardi b speaking outside the courthouse. And that's news when

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<v Speaker 1>you want it. With Bloomberg News now, I'm Charlie Peltank.

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<v Speaker 1>This is Bloomberg