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The Latest Breaking News from Amit Mehta

Elizabeth Warren, Democrats Demand Answers About Google's $24.5 Million Trump Settlement: 'The Public Deserves To Know'

Sen. Elizabeth Warren (D-Mass.), Bernie Sanders (I-VT), Ron Wyden (D-Ore), Richard Blumenthal (D-Conn) and Jeff Merkley (D-Ore) have demanded answers from Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google executives about the company's $24.5 million settlement with President Donald Trump.

Benzinga

Google faces antitrust déjà vu as US seeks to break up its digital advertising business

After deflecting the U.S. Justice Department’s attack on its illegal monopoly in online search, Google is facing another attempt to dismantle its internet empire during a trial focused on its abusive tactics in digital advertising

The Independent UK

Alphabet Stock: Is GOOG Outperforming the Communication Services Sector?

With Alphabet outperforming the broader communications services sector, Wall Street appears bullish about its prospects.

Barchart

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How Google dodged a major breakup – and why OpenAI is to thank for it

An antitrust apocalypse has been averted, and it’s all down to its biggest competitor, according to the judge who could’ve forced Google to sell Chrome

The Guardian - US

3 Stocks To Consider After Google's Favorable Anti-Trust Ruling

A federal judge's decision this week, allowing Google (NASDAQ:GOOG) to maintain its Chrome browser and dominant search business, has Wall Street breathing a sigh of relief.

Benzinga

Google's Industry Dominance Isn't Unprecedented—and It Isn't Forever

Failure of imagination drives the bipartisan energy around busting so-called Big Tech monopolies.

Reason

Stock Market Hits New Highs On Google, Broadcom, Jobs Report: Weekly Review

The Dow Jones, S&P 500 and Nasdaq hit record highs Friday, buoyed by Google, Broadcom and the monthly jobs report.

Investors Business Daily

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Google avoids being dismantled after US court battle – and it’s down to the rise of AI

A year ago, Google faced the prospect of being dismantled. Today, artificial intelligence (AI) and a new court judgment has helped it avoid this fate. Part of the reason is that AI poses a grave threat to Google’s advertising revenues.

The Conversation

The Google antitrust ruling gives its AI rivals one big reason to cheer

OpenAI, Perplexity, Meta, and others could benefit from judge’s order that Google share its “search index.”

Fortune

Google stock hits all-time high after government backs down and it has AI rivals to thank

Alphabet’s stock closed up 8% Thursday at $231.10, its highest level ever.

Fortune

Google Ordered To Pay $425 Million In Privacy Class Action, Company Says Data Was 'Nonpersonal' And Stored Securely

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) has been ordered to pay $425 million after a federal jury ruled that Google violated user privacy by continuing to collect data even when account tracking settings were switched off.

Benzinga

Alphabet Stock Surges After Dodging Harsh Antitrust Remedies

Judge Mehta ruled Google can keep Chrome and Android, with only narrower restrictions on contracts and data-sharing, avoiding the harshest remedies.

MarketBeat

‘Slap on the wrist’: critics decry weak penalties on Google after landmark monopoly trial

Judge said tech giant had monopoly but let it keep Chrome and Android; critics cried foul while Wall Street cheered

The Guardian - US

Impact Of US Judge's Ruling On Google's Search Dominance

Google has escaped a breakup of its Chrome browser in a major US competition case, but the judge imposed remedies whose impact remains uncertain just as AI starts to compete with search engines.

International Business Times

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Benzinga

OpenAI's ChatGPT Ironically Helped Google Avoid DOJ Breakup As Judge Cites Generative AI Competition In Landmark Antitrust Ruling

A federal judge's decision to reject a breakup of Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) core businesses highlighted how OpenAI's ChatGPT and the rise of generative AI reshaped the competitive landscape, undermining the Justice Department's landmark antitrust case.

Android Central

US Judge says Google can keep Chrome, but 'exclusive deals' are a no-go

A U.S. Judge delivered their ruling regarding its antitrust search monopoly case against Google.

Benzinga

Jim Cramer Blasts Apple Naysayers, Claims Court Ruling Allows AAPL To Get Paid For AI, Not Pay For It

CNBC's Jim Cramer launched a fiery defense of Apple Inc. (NASDAQ:AAPL) on Wednesday, claiming a pivotal U.S. court ruling has fundamentally reshaped the tech giant’s artificial intelligence strategy, allowing it to get paid for AI rather than funding an expensive catch-up.

Euronews

Google will not be forced to sell Chrome, but will have to give up exclusive search deals

It comes a year after a judge ruled that Google acted illegally to maintain a monopoly in online search.

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The Conversation

Google just dodged a major penalty in the courts – here’s what happens next

Google will not have to sell its Chrome web browser in order to fix its illegal monopoly in the online search business, a United States federal judge has ruled. It will, however, need to do a few other things, such as sharing data with rival companies, in order to improve…

Benzinga

Jim Cramer Says 'Apple Own It Don't Trade It' After Judge Allows Google To Keep Search Deal With iPhone Maker: Stock Jumps 3% After Hours (UPDATED)

Editor’s Note: This story has been updated to include fresh comments from Jim Cramer.

Benzinga

Google Ruling A 'Huge Win' For Big Tech, Says Dan Ives, Munster Labels Regulator's Bark 'Bigger' Than Bite — Alphabet Stock Soars After Hours

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) surged in after-hours trading after a federal judge ruled the company will not have to divest its Chrome browser or Android operating system in a landmark antitrust case, prompting praise from Wall Street analysts and sharp criticism from Sen. Elizabeth Warren (D-Mass.).

Benzinga

Google-Parent Alphabet, Apple, Zscaler, Coreweave And Opendoor: Why These 5 Stocks Are On Investors' Radars Today

U.S. stock futures slipped on Tuesday as major benchmarks fell. The Dow Jones Industrial Average lost 0.55% to 45,295.81, the SP 500 dropped 0.7% to 6,415.54, and the Nasdaq declined 0.8% to 21,279.63.These are the top stocks that gained the attention of retail traders and investors through the day: Alphabet…

The Guardian - US

Google will not be forced to sell Chrome, federal judge rules

Judge says tech giant can keep world’s most popular browser in ongoing battle over firm being ruled monopoly

International Business Times

Google Not Required To Sell Chrome, Judge Rules

A US judge on Tuesday rejected the government's demand that Google sell its Chrome web browser as part of a major antitrust case but imposed sweeping requirements to restore competition in online search.

Investors Business Daily

Dow Jones Futures Fall; Google, Apple Jump On Antitrust Ruling

Google jumped and Apple rose jumped late on a federal judge's antitrust ruling after the major indexes closed off Tuesday's lows.

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