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Stockreport

DOJ Seeks To Break Up Google—What This Could Potentially Mean For The Tech Company And Its Employees [Forbes]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Forbes
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The United States Department of Justice is demanding that Google sell off its Chrome browser after a court ruling in August found the company to be a monopolist in the search market. In a Wednesday filing , the DOJ argued that divesting Chrome would help level the competitive landscape for search engine rivals. The proposed remedy aims to "permanently stop Google's control of this critical search access point and allow rival search engines the ability to access the browser that for many users is a gateway to the internet." Chrome collects data that Google utilizes for targeted advertising. In the last quarter, search advertising generated $49.4 billion in revenue for Alphabet, accounting for 75% of its total ad sales during that period. Additionally, the Justice Department proposed several other measures to address Google's alleged monopolistic practices. These include prohibiting Google from forming exclusive agreements with companies like Apple and Samsung, and barring the te [Read more]
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Stockreport

DOJ Seeks To Break Up Google—What This Could Potentially Mean For The Tech Company And Its Employees [Forbes]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Forbes
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The United States Department of Justice is demanding that Google sell off its Chrome browser after a court ruling in August found the company to be a monopolist in the search market. In a Wednesday filing , the DOJ argued that divesting Chrome would help level the competitive landscape for search engine rivals. The proposed remedy aims to "permanently stop Google's control of this critical search access point and allow rival search engines the ability to access the browser that for many users is a gateway to the internet." Chrome collects data that Google utilizes for targeted advertising. In the last quarter, search advertising generated $49.4 billion in revenue for Alphabet, accounting for 75% of its total ad sales during that period. Additionally, the Justice Department proposed several other measures to address Google's alleged monopolistic practices. These include prohibiting Google from forming exclusive agreements with companies like Apple and Samsung, and barring the te [Read more]
IMPACT SNAPSHOT
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GOOG
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LAST PRICE AT
NEWS EVENT
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Multi-day stock performance from the time of the news release
LAST PRICE
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EVENT DAY
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PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS