Tag GOOGL

Google LLC intends to cut hundreds of jobs from its global recruiting team, the Mountain View-based company confirmed Wednesday...

Google's (GOOG, GOOGL) antitrust showdown against the Department of Justice enters into its second day. Prosecutors are arguing to prove Google's alleged monopolization in the search engine space. Yahoo Finance Legal Reporter Alexis Keenan explains how DOJ officials will be examining Google's search engine contracts with device manufacturers and make their case that the tech company was stifling competition...

The U.S. Justice Department pressed ahead with its antitrust case against Google Wednesday, questioning a former employee of the search engine giant about deals he helped negotiate with phone companies in the 2000s. Chris Barton, who worked for Google from 2004 to 2011, testified that he made it a priority to negotiate for Google to be the default search engine on mobile devices. In the biggest antitrust case in a quarter century, the government is arguing that Google has rigged the market in its favor by locking in its search engine as the one users see first on their devices, shutting out competition and smothering innovation...

The stakes are high for tech. They may be higher for the trustbusters...

(Bloomberg) -- Former Treasury Secretary Lawrence Summers warned against excessive optimism about the US being able to quell inflation without an economic downturn, and reiterated that the Federal Reserve will likely need to raise interest rates further.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in...

Amazon Prime video is coming to certain vehicles that are equipped with Google built-in, including the all-electric Polestar 2 and eventually the Volvo EX90 — the latest example of streaming video services making its way into cars, trucks and SUVs. The new in-car app availability, along with several other features from Google's Android for Cars team, was announced Wednesday at the Detroit Auto Show.Amazon Prime video, which is available via the Google Play Store app within the Polestar 2 and oth...

Financial Times Europe Set To Launch Anti-Subsidy Probe Into Chinese Electric Vehicles Chinese electric vehicle company stocks, including XPeng Inc (NYSE: XPEV), NIO Inc (NYSE: NIO), and Li Auto Inc (NASDAQ: LI), are trading lower Wednesday after Brussels shared plans to launch an anti-subsidy investigation into Chinese EVs that are "distorting" the EU market. European Commission President Ursula von der Leyen announced during her annual address to EU lawmakers, expressing concern over the influ...

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