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Tag GOOGL

GOOGL

Dow Jones Futures Fall: Microsoft Erases Gains On Weak Guidance; Tesla Earnings On Tap

Dow Jones futures fell after hours, along with S&P 500 futures and Nasdaq futures, as Microsoft guidance overrode better-than-feared earnings. ASML, Boeing and Tesla are on tap Wednesday. The stock market rally traded in a relatively narrow range Tuesday after big gains in the prior two sessions...

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GOOGL

Google Gets Slapped with DOJ Case Over Alleged Digital Ad Monopoly

Somewhere in Silicon Valley, a harried Google executive spent Tuesday morning Googling "what's a monopoly?" The US Department of Justice.....

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GOOGL

PRESS DIGEST-British Business – Jan 25

The following are the top stories on the business pages of British newspapers. ** Most of the board of Capricorn Energy has resigned and a shareholder vote on its merger with Israel's NewMed has been pushed back by three weeks. ** Hakan Koç is to acquire Truphone in a pre-pack administration after Abramovich was hit by sanctions in the wake of Russia's invasion of Ukraine...

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GOOGL

U.S. targets Google’s online ad business monopoly in latest Big Tech lawsuit

The U.S. Justice Department accused Alphabet Inc's Google on Tuesday of abusing its dominance in digital advertising, threatening to dismantle a key business at the heart of one of Silicon Valley's most successful internet companies...

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GOOGL

US Sues Google to Break Up Ad Unit in Heated Antitrust Fight

(Bloomberg) -- The US Justice Department and eight states sued Alphabet Inc.’s Google, calling for the break up of the search giant’s ad-technology business over alleged illegal monopolization of the digital advertising market.Most Read from BloombergUS Confronts China Over Companies’ Ties to Russia War EffortNYSE Investigates Technical Issue That Caused Wild Market OpenChina Slams US on Debt Limit and Accuses Washington of SabotageCitadel’s $16 Billion Win Tops Paulson’s Greatest Trade EverBliz...

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GOOGL

These 2 FAANG Stocks Were in the Spotlight Tuesday

Big news could affect both businesses significantly, and both stocks contributed to a lower close for the Nasdaq...

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GOOGL

YouTube Illegally Uses Return-to-Office Push to Derail Union, Complaint Claims

(Bloomberg) -- Alphabet Inc. is illegally using return-to-office policies as a tool to try to derail YouTube contract workers from organizing in Texas, a union alleged in a National Labor Relations Board complaint.Most Read from BloombergUS Confronts China Over Companies’ Ties to Russia War EffortNYSE Investigates Technical Issue That Caused Wild Market OpenChina Slams US on Debt Limit and Accuses Washington of SabotageCitadel’s $16 Billion Win Tops Paulson’s Greatest Trade EverBlizzard Manager...

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GOOGL

Why Alphabet Stock Pulled Back Today

Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) were moving lower today in response to a lawsuit from the Department of Justice and eight states, which are suing to break up what they see as Alphabet's online advertising monopoly. The Justice Department's lawsuit alleges that Google abuses its power in advertising auctions as a dominant broker and supplier in the digital advertising supply chain, harming both ad tech companies and publishers. The suit calls for Google to unwind its 2008 acquisition of DoubleClick, an ad-serving company, and to sell its ad exchange...

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GOOGL

US sues Google over its digital ad ‘dominance’

Federal and state authorities say Big Tech company has used its huge market power to suppress competition...

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GOOGL

Google CEO doubles down on job cuts at town hall meeting with employees

Google CEO Sundar Pichai defended his decision to trim the tech giant's workforce during a company-wide town hall meeeting...

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