(Bloomberg) -- Alphabet Inc. will pay $700 million and alter its Google Play policies to settle claims that the app store unlawfully dominates the Android mobile applications market, resolving antitrust complaints brought by attorneys general of about three dozen states and consumers.Most Read from BloombergApple Races to Tweak Software Ahead of Looming US Watch BanApple to Halt US Sales of Smartwatches After Patent LossWhat If Putin Wins? US Allies Fear Defeat as Ukraine Aid StallsGulf Splits H...
Continue ReadingAlphabet's Google agreed to pay $700 million and allow for greater competition in its app Play Store to settle an antitrust suit...
Continue ReadingGoogle parent Alphabet agreed to pay $700 million and make certain changes to its app store, settling one of several antitrust challenges to the search-engine company. The settlement resolves claims by a group of states that Google operated its app store, Google Play, as an illegal monopoly, allegedly stifling competition from other app distributors on devices using the Google-owned Android operating system. Alphabet will contribute $630 million to a settlement fund distributed to benefit consumers, per a court-approved plan, and will pay $70 million into a fund used by the states, the company said...
Continue ReadingUsers of Google navigation apps in Israel are not seeing traffic jams due a precautionary suspension of that function as the country comes under rocket salvoes from Gaza and Lebanon. Though the crowd-sourced and colour-coded road congestions are temporarily absent from Google Maps and Waze, they are still being factored into the arrival-at-destination times given to users, a company spokesperson said. Since Hamas militants launched a cross-border attack on Israel on Oct 7, the Gaza Strip has erupted into war, with knock-on violence on the Lebanese border...
Continue ReadingThe artificial intelligence (AI) sector remains red-hot...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingiShares ESG Aware MSCI USA is a passively managed fund that follows an ethical investing approach. Learn more about ESGU ETF here...
Continue ReadingIntel stock maintained resilient upsurge this year building investor confidence with consistent product roadmapâs delivery progress. Read more on INTC stock here...
Continue ReadingU.S. forms naval task force to protect ships in Red Sea. Google to pay $700M to settle Play Store lawsuit and Japanese takeover of iconic U.S. Steel sees bipartisan opposition...
Continue Reading© 2026 Market News — All rights reserved