Tag GOOGL

The Department of Justice filed a lawsuit against Google, accusing the tech giant of anticompetitive behaviors that ‘severely weaken, if not destroy competition in the ad tech industry.’ A Google spokesman said the lawsuit ‘attempts to pick winners and losers.’ The Justice Department is seeking the breakup of Google’s business brokering digital advertising across much of the internet, a major expansion of the legal challenges the company faces to its business in the U.S. and abroad...

Alphabet Inc's Google, whose clout in search, the Android smartphone operating system and online advertising upended those markets, faces antitrust fights in the United States, Europe and India...

The Department of Justice filed antitrust charges against Google, claiming its dominance in digital advertising harms competition...

The Dow Jones stalls as the market waits for Microsoft earnings amid slowing PC growth and cloud demand, and a bid to jack up AI features on Azure and Bing...

Microsoft reported better earnings per share than Wall Street expected, but it's cloud business continues to slow...

The U.S. Justice Department sued Google on Tuesday, accusing the company of abusing its dominance of the digital advertising business and saying Google should be forced to sell its ad manager suite, in the government's latest attempt to slice away a portion of Big Tech's power. The U.S. Justice Department had previously sued Google in October 2020, accusing the $1 trillion company of illegally using its market muscle to hobble rivals in search. Dozens of U.S. states and territories filed a broader version of the Justice Department lawsuit in December 2020...

The US government sued Google on Jan. 24, claiming the company abused its monopoly power in digital advertising to disadvantage competitors. The US Department of Justice and eight state attorneys general filed the lawsuit in federal district court in Northern Virginia...

Less than a week after Google announced it was slashing 12,000 workers, it laid out just how many would be cut in the Bay Area and statewide...

The lawsuit seeks to force the Alphabet unit to divest its Google Ad Manager software suite, among other things...

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. Attorney General Merrick Garland says Google has halted the rise of competitors. He speaks in Washington. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en...