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Stockreport

Why The DOJ Is Trying To Curtail Google's AI Future [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
Google CEO Sundar Pichai Getty Images Late on Wednesday, the U.S. Department of Justice filed sweeping proposals for remedies in Google's landmark antitrust case, where a federal judge ruled earlier this year that it has an illegal monopoly in the online search market. Among the marquee requests: Forcing Google to sell off its popular Chrome browser, banning multi-billion dollar distribution contracts like the one Google has with Apple, or potentially barring Google from requiring Android phone makers to include Google apps on their devices. But beyond those headline-grabbing demands, the government also included provisions that could hobble Google's future in the competitive race to control the future of AI. The DOJ proposed Google must sell any stakes in AI companies with technology that could compete in search, and divest within six months of a final judgment from the court. The agency also recommended barring any new acquisitions, joint ventures or partnerships with AI comp [Read more]

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Stockreport

Why The DOJ Is Trying To Curtail Google's AI Future [Forbes]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Google CEO Sundar Pichai Getty Images Late on Wednesday, the U.S. Department of Justice filed sweeping proposals for remedies in Google's landmark antitrust case, where a federal judge ruled earlier this year that it has an illegal monopoly in the online search market. Among the marquee requests: Forcing Google to sell off its popular Chrome browser, banning multi-billion dollar distribution contracts like the one Google has with Apple, or potentially barring Google from requiring Android phone makers to include Google apps on their devices. But beyond those headline-grabbing demands, the government also included provisions that could hobble Google's future in the competitive race to control the future of AI. The DOJ proposed Google must sell any stakes in AI companies with technology that could compete in search, and divest within six months of a final judgment from the court. The agency also recommended barring any new acquisitions, joint ventures or partnerships with AI comp [Read more]

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GOOG
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
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Multi-day stock performance from the time of the news release
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%
POST NEWS RANGE
%
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%

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TICKS

AVG SHARES PER TRADE

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