Google is surrendering and selling part of its advertising business? But its customers are stubbornly saying: not enough!
① According to sources, Google may sell its advertising platform AdX to end the European Union's antitrust investigation into its advertising business; ② Legal experts pointed out that at this stage, it is unlikely for the European Union to require Google to divest its assets. Instead, it is more likely to order Google to cease anti-competitive practices; ③ Google is currently facing antitrust litigation in the advertising industry with the US Department of Justice.
Google's YouTube launches Veo AI tool to help creators innovate their content.
Google-owned YouTube announced on Wednesday that it will introduce a series of advanced artificial intelligence features for creators on its Shorts platform, which are based on Google DeepMind's video generation model.
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.
Google Blocks Android Auto Access, May Violate EU Rules, According To Court Adviser
Google Search monopoly case: Will history repeat Microsoft's fate?
A US judge ruled on Monday that Google has a monopoly in the search market and cited the Microsoft case from more than 20 years ago as a reference. Sam Weinstein, a law professor at the Cardozo Law School and a former antitrust lawyer for the Department of Justice, pointed out that the government has always explicitly or implicitly based this case on the Microsoft case. In response to the ruling, Google may argue on appeal that the development of artificial intelligence has led to new competitive situations, proving that it is not a monopolist.
A new chapter in the US stock market? The financial reports of the 'Seven Sisters' are coming out in succession, with a focus on AI capital expenditures.
Last week, the financial reports of Tesla and Alphabet caused a round of tech stock decline. This week, the US stock market welcomes the financial reports of Mag 7, including Amazon, Apple, Meta, and Microsoft, and the market has already begun to tremble.