Tag GOOGL

Alphabet's Google said on Wednesday that it disagrees with an EU antitrust charge over its practices in its adtech business and that it will respond accordingly. The European Commission had earlier sent a charge sheet to the company and said the company may have to sell part of its digital advertising business to address competition concerns...

Mairs & Power, an investment advisor, released “Mairs & Power Growth Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. The fund was up 7.27% year-to-date compared to a 7.50% return for the S&P 500 index. The stock selection was positive in the quarter, but it was not enough […]...

While these stocks aren't immune to some level of price drop during a crash (no stock can say that), they should protect you from a significant downturn and recover right along with the rest of the economy. Let's look at three of these safe bets in the event of a market crash that you should consider for your portfolio. Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is the parent company of Google, YouTube, the Android operating system, and much more...

European Union regulators hit Google with fresh antitrust charges Wednesday, saying the only way to satisfy competition concerns about its lucrative digital ad business is by selling off parts of the tech giant's main moneymaker. The European Commission, the bloc's executive branch and top antitrust enforcer, said its preliminary view after an investigation is that “only the mandatory divestment by Google of part of its services” would satisfy the concerns. The 27-nation EU has led the global movement to crack down on Big Tech companies — including groundbreaking rules on artificial intelligence — but it has previously relied on issuing blockbuster fines, including three antitrust penalties for Google worth billions of euros (dollars)...

BRUSSELS (Reuters) -Alphabet's Google may have to sell part of its lucrative adtech business to address concerns about anti-competitive practices, EU regulators said on Wednesday, threatening the company with its harshest regulatory penalty to date. The European Commission set out its charges in a statement of objections to Google two years after opening an investigation into behaviours such as favouring its own advertising services, which could also lead to a fine of as much as 10% of Google's annual global turnover. The stakes are higher for Google in this latest clash with regulators as it concerns the company's biggest money maker, with the adtech business accounting for 79% of total revenue last year...

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Federal Reserve expected to skip June rate hike, but then what? Google delays European start of Bard AI chatbot over privacy concerns - report. Bud Light no longer top-selling beer...

Behind the booming market for A.I. is a motley cast of computer scientists, ethicists, and technologists whose work will determine the way the technology impacts society...