Tag GOOGL

(Bloomberg) -- A federal judge appeared skeptical of Alphabet Inc.’s $700 million proposed settlement with states and consumers to resolve claims that the Google Play app store abuses its market power.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniStock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Philanthropist, Dies at 87Poland’s Famously Frank Top Diplomat Land...

The US Supreme Court will hear arguments over laws regarding social media. This stems from concerns over state laws enacted by Florida and Texas that would stop social media platforms from supposedly suppressing certain political content. The ruling may have major implications for how state governments may regulate how social media platforms moderate their content. Sinan Aral, Author of The Hype Machine and Professor at MIT Sloan Management, joins Yahoo Finance to discuss the social media case before the Supreme Court, how it may play out, and the implications of its potential rulings. When asked how the Supreme Court may lean, Aral says: "I think the justices are skeptical of these laws. I don't imagine that these two laws are going to be upheld in their entirety. I think that either they're going to be overturned or the cases are going to be remanded for further development in the lower courts. And the reason why that would happen is precisely the threading the needle that I discussed earlier, which is that the Supreme Court is likely to want to bound the impact of their decision... You saw them asking questions about exactly what are the boundaries of the scope of these laws and therefore their decisions about these laws. At the end of the day, it's going to be about content moderation and how much of it is the purview of social media companies or not." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...

Morgan Stanley's preferred shares with a 5.3% yield are deemed superior to its equity, despite the impact of investment banking fees. Read more here...

Shares in Google fell below the key 50-day moving average on Monday as it grapples with criticism of its "Gemini" artificial intelligence system...

Canada on Monday unveiled draft legislation to combat online hate that would force major companies to quickly remove harmful content and that would boost the penalty for inciting genocide to life in prison. The Liberal government of Prime Minister Justin Trudeau introduced the bill with the stated aim of protecting children from online predators. The bill says major social media companies must quickly remove content that sexually victimizes a child and intimate content that is communicated without consent...

Alphabet (GOOG, GOOGL) shares slide ahead of Monday's closing bell after Melius Research Analyst Ben Reitzes warned about Google's AI direction, reiterating his Hold rating on the stock. Yahoo Finance Live monitors the Google parent company's stock. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan...

Alphabet's Google Cloud on Monday ramped up its criticism of Microsoft's cloud computing practices, saying its rival is seeking a monopoly that would harm the development of emerging technologies such as generative artificial intelligence. Microsoft and Amazon have recently attracted scrutiny in Britain, the European Union and the United States over their market power in cloud computing. Google trails a distant third behind the two leaders...

(Bloomberg) -- Alphabet Inc. is falling amid renewed fears that the Google owner’s missteps in artificial intelligence are putting its search business at risk. Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniJacob Rothschild, Financier and Philanthropist, Dies at 87Stock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London Residence Lists at £30 MillionThe stock dropped as much as 4.4% Monday following last week’s pause of a Google i...

(Bloomberg) -- The US Supreme Court struggled to find a middle ground on the application of free-speech principles to the internet, as the justices reviewed Republican-backed laws that would sharply restrict the editorial discretion of the largest social media companies.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniJacob Rothschild, Financier and Philanthropist, Dies at 87Stock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London R...

Shares in Google fell below the key 50-day moving average on Monday as it grapples with criticism of its "Gemini" artificial intelligence system...