Facebook’s pot of gold faces privacy headwinds; and Google’s day in court over record Android fine

MLex Market Insight

Facebook’s finances have never looked better, with the social-media platform posting earnings of $29 billion for the second quarter of 2021. So why is speculation mounting that privacy regulation in the EU and California, as well as new privacy settings for Apple’s iOS operating system, could present a significant challenge to Facebook’s business model? Also on today’s podcast: Google had its week in a European court to fight a record 4.34 billion euro antitrust fine over its Android operating system. We cross to Luxembourg to discuss why Google’s clash with the European Commission is attracting global attention.