Update: Market Chatter: Google's Cookies Alternative Puts Smaller Advertising Tech Firms at Risk, Reuters Reports
Google lost the lawsuit! The court supports the European Commission's €2.42 billion antitrust fine.
①On Tuesday (September 10), the European Court of Justice upheld the European Commission's earlier antitrust ruling against Google; ②In 2017, the European Commission ruled that Google's shopping comparison service violated antitrust laws, imposing a hefty fine of 2.42 billion euros on Google; ③Google had appealed this ruling but was rejected by the European General Court in 2021.
Express News | EU's Vestager Says EU Will Continue Work Against Harmful Tax Competition, Aggressive Tax Planning via Legislative Proposals and Enforcement
Piper Sandler Trims Price Target on Alphabet to $200 From $206
The wave of 'AI + medical' is making waves again! This company, which was only established 6 months ago, received investments from OpenAI and Thrive Capital.
OpenAI and Thrive Capital have invested in an artificial intelligence drug development startup that has only been established for six months; the startup's foundational model aims to compete with Google DeepMind.
Apple, Alphabet's Google Forced To Cough Up Multi-Billion Dollars In Fines As Top EU Court Rules Against Tech Giants
Google Loses Appeal Against EU's €2.4B Shopping Antitrust Decision, as Bloc Also Wins Apple State Aid Appeal
Analyst Says 'Don't Buy The Tech Dip' Amid Election Policy Uncertainty, Advises Focusing On These Sectors For 'Quality, Stability, And Income'
Apple Loses Court Battle Over $14 Billion Irish Tax Bill -- 2nd Update
Google lost the court case in the European Union and was fined €2.4 billion for anti-trust violations.
Google's attempt to overturn the record-breaking €2.4 billion ($2.6 billion) fine imposed by the European Union has failed. The European Court of Justice, based in Luxembourg, supported a landmark ruling in 2017 that found Google guilty of abusing its monopoly power to suppress competition in its shopping service. Margrethe Vestager, who became the European Union's Competition Commissioner in 2014, has been pushing for stricter regulations on technology giants.
Europe Just Delivered Multi-billion Dollar Blows to Apple and Google | CNN Business
EU Top Court Upholds $2.7 Billion Fine Against Google Over Search Results
EU Court of Justice Upholds Earlier Decision by General Court
EU Court Ruling Relates to 2017 EU Fine
EU Court Upholds Fine Against Google
Express News | EU Top Court Dismisses Alphabet's Fight Against 2.42 Bln Euro EU Antitrust Fine
Tech on Trial: Google Accused of Trying to Control Web Ads
Express News | Alphabet Inc : Piper Sandler Cuts Target Price to $200 From $206
The US election is tearing apart Silicon Valley! Employees of large technology companies overwhelmingly support Harris.
①Despite some of the most influential technology billionaires supporting Trump, overwhelming support for Democratic presidential candidate Harris comes from employees of many large technology companies; ②According to data compiled by OpenSecrets, employees of companies like Alphabet, Amazon, and microsoft donated millions of dollars to Harris' campaign, far exceeding the amount donated to the Trump camp.
Birdeye View 2024: The AI Conference for Local Brands Kicks Off September 10, 2024