U.S. stock markets closed mixed on Wednesday after a choppy session. A favorable court ruling of an Internet giant lifted the entire tech sector. However, tariff-related concerns continue to hurt investor’s sentiment. A weak labor market data further aggravated the situation. The Nasdaq Composite and the S&P 500 ended in positive territory while the Dow…
Tesla (TSLA) stock rose 1.6% ahead of the opening bell on Wednesday in a choppy week of trading for the electric vehicle maker. Shares fell Tuesday after Tesla’s sales data from around the world highlighted the company’s challenges with rising competition and brand weakness in certain regions. Musk has seemed to pay little mind to…
The Google logo is seen outside a building housing Google offices in Beijing on February 4, 2025. China on February 4 said it would probe US tech giant Google over violations of anti-monopoly laws after Washington slapped 10 percent levies on Chinese goods. Greg Baker | Afp | Getty Images Alphabet shares rose 6% in…
Shares in Google parent Alphabet (GOOG, GOOGL) jumped almost 6% in premarket trading after a judge ruled it doesn’t have to sell Chrome as an antitrust remedy. Judge Amit Mehta also allowed Google to keep control of the Android mobile operating system. But in a setback, the tech giant will have to end billion-dollar contracts…
Google (GOOG, GOOGL) won’t be forced to sell Chrome after a federal district judge ruled divestment a “poor fit” in a landmark antitrust case, but it will have to share data that helped it hold onto its search monopoly. The ruling from District of Columbia judge Amit Mehta sent Google’s stock soaring by more than…
By Foo Yun Chee BRUSSELS (Reuters) – A record EU antitrust fine of 4.3-billion-euro ($4.5 billion) imposed on Google seven years ago punished the tech giant over its innovation, the Alphabet unit told Europe’s top court on Tuesday, as it asked judges to scrap the EU decision. Google’s appeal to the Luxembourg-based Court of Justice…
Google “mistakenly” erased former US President Joe Biden’s ‘entire presidency’ from Google Search results. Recently, users searching terms like “US Presidents,” “United States Presidents,” and “US Presidents in order” observed that Biden, who completed his presidential term last week, was absent from the list. According to a report by CNBC, the results displayed a sequence…
Google’s ongoing antitrust tussle spawned a list of sweeping policy suggestions — including a proposed sale of the Chrome business — by the Department of Justice. The focus of the lawsuit centers on the Search monopoly, but it has serious ramifications for Android and the overall browser situation. Now, Google has shared its own “remedies…
Google has a lot at stake if the Justice Department succeeds in breaking up its empire, from control over its search data and Android operating system to the loss of its Chrome browser. But the biggest threat the company faces is to a search business that is deeply woven into the technology ecosystem of its…
It appears as if some people were surprised to see that President Joe Biden wasn’t on the ballot this year. According to Google Trends, search results for “did Joe Biden drop out” have peaked this week, and are spiking on Election Day, even though the president had dropped out of the 2024 race this summer…