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Justice Department Will Request Judge Order Google To Sell Chrome In Antitrust Case, Report Says
Forbes· 2024-11-19 09:04
ToplineThe Justice Department will soon request a federal judge order Google to sell its Chrome web browser, according to Bloomberg, marking the latest development in an antitrust case against Google after a judge ruled this summer the tech giant illegally maintained a search monopoly.A final ruling in the antitrust case against Google is slated for August 2025. (Photo by Silas ... [+] Stein/picture alliance via Getty Images)dpa/picture alliance via Getty Images Key FactsThe department will recommend federa ...
DOJ antitrust officials reportedly pushing for Google to sell off Chrome browser
Business Insider· 2024-11-19 07:46
Advertisement A federal judge ruled in August that Google violated antitrust law to keep a monopoly on search.The Department of Justice is weighing several remedies to resolve the case.DOJ officials reportedly plan to ask a judge to force Google to sell Chrome.Officials from the DOJ are reportedly planning to ask a judge to force Google to sell its Chrome browser.The remedy would follow a ruling in August in which a federal judge found the tech giant violated the law and held a monopoly on online search.Ad ...
Justice Department reportedly pushing Google to spin off Chrome
TechCrunch· 2024-11-19 07:41
In Brief The Department of Justice is reportedly pushing to force Google to spin off its Chrome browser business.That’s according to Bloomberg, which reports that the Justice Department is also planning to recommend to a federal judge that Google face antitrust requirements related to AI and its Android mobile operating system. The enforcement actions are the product of the Justice Department’s historic multi-year case against Google, which sought to prove that the tech giant has a web search monopoly in t ...
DOJ to ask judge to force Google to sell off Chrome after illegal monoploy ruling: report
New York Post· 2024-11-19 07:34
The Justice Department will ask a judge to force Alphabet’s Google to sell off its Chrome browser, Bloomberg reported Monday, citing people familiar with the plans.The DOJ will ask the judge, who ruled in August that Google illegally monopolized the search market, to require measures related to artificial intelligence and its Android smartphone operating system, the report said.Google and the DOJ did not immediately respond to Reuters requests for comment.The Justice Department plans to ask a judge to force ...
Verily has a December deadline to cut important ties with Google, leaked documents show
Business Insider· 2024-11-19 05:56
Advertisement Verily, Alphabet's life sciences group, is preparing to detach from Google.Verily has told employees it ultimately intends to become an independent company.Staff were recently told about "an essential stepping stone" to leaving Alphabet.Verily, Alphabet's life sciences subsidiary, has set a deadline of December 16 to sever multiple ties to Google, according to two people familiar with the matter and internal documents reviewed by Business Insider.The company has been working to remove itself ...
Google's AI-powered search overviews poised to boost revenue
Proactiveinvestors NA· 2024-11-19 05:35
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Alphabet Braces For DOJ Remedies: Analyst Sees 20% Upside Despite 'Worst Possible' Risks
Benzinga· 2024-11-18 21:49
As Alphabet Inc. GOOGL GOOG inches closer to the Department of Justice's final proposed remedies on Nov. 20, the stakes couldn’t be higher.While JPMorgan analyst Doug Anmuth sees potential headline risk, he believes this could also bring clarity, setting the stage for Google’s response and future appeal strategies.“The DOJ's final proposal should represent the worst possible remedies,” Anmuth notes, adding that Google’s counterproposal on Dec. 20 will likely paint a much less drastic picture. Despite these ...
YouTube Is A Lot Bigger Than You Think
Seeking Alpha· 2024-11-17 21:47
关于Alphabet旗下YouTube的讨论 - 多数时候讨论Alphabet (NASDAQ: GOOG)旗下的YouTube时仅以广告收入描述其营收最多再提及订阅部分这一现象令人不满 [1]
2 Stocks That Could Crush the Market in 2025
The Motley Fool· 2024-11-16 20:30
2025 is getting closer, and investors need to start thinking about how they want their portfolios positioned headed into the new year. Fund managers often make big changes before the new year, which can ignite a "Santa Claus rally." This effect pushes stock prices up in December, so individual investors must start considering their moves now.Two stocks that I will likely increase my position in before the new year are Alphabet (GOOG -1.95%) (GOOGL -1.76%) and PayPal (PYPL 0.05%). Both of these stocks could ...
Google Stock vs. Amazon
Forbes· 2024-11-15 22:30
INDIA - 2024/09/26: In this photo illustration, a Google logo seen displayed on a smartphone with an ... [+] Amazon logo in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesWe believe that Alphabet (NASDAQ: GOOG) is currently a better pick over Amazon stock. GOOG stock trades at 22x forward earnings, versus 42x for AMZN. We think this gap in valuation will narrow in favor of Google in the coming years, given its superior reve ...