GOOG Forex News
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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7 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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12 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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28 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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36 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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36 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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40 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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83 days ago
Wiz Reportedly Rejects $23 Bln Offer From Google, To Pursue IPO
Cybersecurity firm Wiz, which had been in advanced talks to be acquired by tech major Google's parent Alphabet Inc., walked away from the $23 billion offer, and now would pursue its original plan of an Initial public offering, reports said. Wiz co-founder and CEO Assaf Rappaport wrote in a memo that "Saying no to such humbling offers is tough, but with our exceptional team, I feel confident..."
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85 days ago
Oracle Stock Up On Deals With OpenAI, Microsoft, Google Amid Strong AI Demand
Oracle Corp. shares gained over 9 percent in the extended trading on Tuesday on the NYSE after the tech major announced artificial intelligence or AI cloud infrastructure partnerships with Microsoft, ChatGPT maker OpenAI, and Alphabet's Google Cloud. While announcing fourth-quarter results, the company also said it expects continued strong AI demand throughout fiscal year 2025 to push Oracle sales
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126 days ago
Google To Invest $2 Bln In Malaysia Towards AI, Cloud Services
Google announced its plan to invest $2 billion in Malaysia for cloud computing services and data centers with a view to meeting the soaring demand for AI and cloud services. It is expected that these investments and programs would contribute more than $3.2 billion to Malaysia's GDP and support 26,500 jobs by 2030.
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139 days ago
