Tag GOOGL

Google (GOOG, GOOGL) lost an antitrust case brought by Epic Games, with a jury finding that the company engaged in anticompetitive conduct with its Play Store. Adam Kovacevich, Chamber of Progress Founder and CEO, joins Yahoo Finance Live to take a closer look at the trial and what makes it different from the one Apple (AAPL) won. Google is set to appeal the ruling with the Ninth Circuit, the same court that decided for Apple in Epic Games' suit against the tech giant. Kovacevich says that the court will have to "grapple with how these two cases could come to different outcomes." Watch the video above to hear what Kovacevich says about what Google's options are now that the jury has made its decision.  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

Oracle misses fiscal second-quarter revenue estimates, and Lucid tumbles after the resignation of its chief financial officer...

Google’s court loss is one of many threats that could derail the software profit machines for Apple, Google...

Apple has said it now requires a judge's order to hand over information about its customers' push notification to law enforcement, putting the iPhone maker's policy in line with rival Google and raising the hurdle officials must clear to get app data about users. The new policy was not formally announced but appeared sometime over the past few days on Apple's publicly available law enforcement guidelines. It follows the revelation from Oregon Senator Ron Wyden that officials were requesting such data from Apple as well as from Google, the unit of Alphabet that makes the operating system for Android phones...

(Reuters) - “Fortnite” maker Epic Games won a major antitrust trial against Alphabet’s Google in San Francisco, persuading a federal jury on Monday that some of the technology giant’s rules for its app Play store violated U.S. competition law. The jury said, after just three hours of deliberations, that Google’s tight controls on its Play store amounted to an illegal monopoly over both app distribution to Android users and in-app payment processing. A judge had ruled earlier that Google improperly deleted internal online “chat” logs relevant to Epic's claims...

Yesterday, we started a new portfolio position in Waste Management with a $195 target, and the shares are already working for us. Helping lift them higher today was the company's announcement of a 7% increase for its 2024 quarterly dividend to $0.75 from $0.70 and the Board refreshing Waste's $1.5 billion share buyback authorization. Combined with the $508.5 million remaining under its prior $1.5 billion buyback program exiting September, the company has roughly $2 billion or so remaining, subject to buyback activity quarter to date...

Product suppliers are less likely to appreciate the arrangement. Epic had sued Google arguing that it had improperly used dominance gained from the Android mobile device operating system to become a monopoly gatekeeper of smartphone apps. Notably, Epic pointed out that the arrangement allows Google to receive as much as 30 per cent of the payments for in-app purchases...

Alphabet lost a battle in court as Epic Games wins its antitrust fight against the company's app store "monopoly." In this daily bar chart of GOOGL, below, I can see that prices have been rolling over the past four months marking what I would call a "rounded top." The On-Balance-Volume (OBV) line has been moving sideways since early September...