GOOG Forex News
Google Sues Consumer Finance Regulator Over Supervision Of Payment Arm
Google has filed a lawsuit against the U.S. consumer finance regulator, which placed the tech major's payment unit under federal supervision, reports said. Earlier on Friday, the Consumer Financial Protection Bureau or CFPB announced its order to supervise Google Payment Corp., which could result in routine inspections and monitoring like those imposed on banks.
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15 days ago
DOJ Asks Court To Force Google To Sell Chrome
The U.S. Department of Justice's antitrust officials have formally asked a federal judge to force Alphabet Inc.'s Google to sell Chrome web browser with a view to ending the tech major's illegal monopoly in search. The decision comes after a landmark ruling by District Judge Amit Mehta in August found that Google had violated US antitrust law by illegally monopolizing the search market.
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33 days ago
Google Names Nick Fox New Search Head, Prabhakar Raghavan Chief Technologist In AI Reshuffle
Tech major Google LLC announced reshuffle to its group structure and leadership roles in Artificial Intelligence to prepare its Knowledge & Information team for the Gemini era. With the move, the company aims to strengthen its race in AI, which moves faster than any other technology, amid surging competition. Prabhakar Raghavan, who has been leading Knowledge & Information, which includes Search,
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67 days ago
U.S. Justice Department Weighs Breakup Of Google
The U.S. Department of Justice said it is considering behavioral and structural remedies for Google LLC, noting that its anticompetitive conduct resulted in interlocking and pernicious harms that present unprecedented complexities. The move indicates that the DOJ was considering a possible breakup of Google as an antitrust remedy, reports said.
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76 days ago
Google To Stop Linking To News Content In New Zealand
Google's New Zealand division, in an update addressing the country's Fair Digital News Bargaining Bill, said it would be forced to stop linking to news content on Google Search, Google News, or Discover surfaces in the country. The Bill proposes a "link tax" that would require Google to pay simply for linking to news articles. In a New Zealand Blog post, the company said it would discontinue...
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81 days ago
Google Wins Court Bid Against EU's EUR 1.5 Bln Atitrust Fine Over AdSense
Google, owned by Alphabet Inc., won a legal fight with the European Union over a 1.5 billion euros or $1.7 billion antitrust fine over online ads search. The General Court, the second-highest EU court, has ruled to annul the fine imposed by the European Commission against the search engine for allegedly abusing market dominance in relation to a product called AdSense for Search.
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97 days ago
Apple, Google To Lose Billions After Defeat In EU Court Battles
The Court of Justice of the European Union, the top court in the region, on Tuesday ruled against tech major Apple Inc. over tax rulings issued by Ireland, as well as Google, owned by Alphabet Inc., over antitrust fine, which may cause the tech majors to lose billions of dollars. The Court now confirmed the European Commission's 2016 decision that Ireland granted Apple unlawful tax benefits...
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105 days ago
Oracle Stock Up On Q1 Profit Above Street, Deals With Amazon, Google
Shares of Oracle Corp. gained around 9 percent in the after-hours trading on Monday after the tech major reported higher first-quarter earnings above market estimates, and a dividend. The company also announced partnerships with Amazon Web Services, Inc., Google Cloud, and certain other global organizations for Oracle Database.
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106 days ago
UK's CMA Objects To Google's Anti-Competitive Ad Tech Practices
UK's Competition and Markets Authority or CMA announced that it has provisionally found that tech major Google LLC, owned by Alphabet Inc., has abused its dominant positions through the operation of both its publisher ad server and buying tools to restrict competition in the country. The agency has objected to Google's digital advertising or ad tech practices to help UK advertisers and publishers.
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109 days ago
Humana Expands Partnership With Google Cloud By Inking New Multi-year Agreement
Health and well-being company Humana, Inc. (HUM) announced Thursday a new multi-year agreement with Google Cloud to further modernize Humana's cloud infrastructure and leverage cutting-edge AI capabilities to accelerate innovation in healthcare.
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152 days ago
