Google pays Apple at least $20 billion a year to make its search engine the default on iPhones. Those payments were at the heart of a federal antitrust case Google lost earlier this year.
Bloomberg reports the Department of Justice is asking a judge to force Alphabet's Google (GOOG, GOOGL) to divest its Chrome browser due to antitrust concerns. Vanderbilt Law School associate dean for
Usually, a stock that is not moving much is no cause for news. But the case is different today when it comes to the stock price of Alphabet Inc., the company that owns Google.
CNBC's Deirdre Bosa has the latest on how the Department of Justice could shake up the tech industry.

Google's Chrome Pushed to Sale

02:55pm, Tuesday, 19'th Nov 2024
The DOJ is said to push the sale of Google's Chrome browser over concerns of a "search" monopoly. Sarah Oh Lam of the Tech Institute says Google has opportunities to submit their own remedies to the c
Google's Chrome browser would be worth a whopping $20 billion on the open market if the Justice Department succeeds in convincing a federal judge to order divestment, according to a report.
The UK's competition watchdog has cleared Google's partnership with Anthropic. The Competition and Markets Authority (CMA) said Tuesday (Nov. 19) that it had determined that the deal between the tech

Google's AI chatbot tells user to 'please die'

01:21pm, Tuesday, 19'th Nov 2024
Google's AI chatbot Gemini has told a user to "please die".
Google has taken aim at the US Department of Justice (DOJ) over speculation the technology giant will be ordered to sell its Chrome web browser business.  Officials are poised to propose the measure
Alphabet is higher Tuesday even as antitrust officials at the DOJ support forcing Google to sell its popular web browser. Here's what you need to know.

DOJ to seek Chrome sale

01:09pm, Tuesday, 19'th Nov 2024
CNBC's Deidre Bosa joins 'Money Movers' with the latest details on Google's antitrust scrutiny.
Mozelle Thompson, former FTC commissioner and Meta advisor, joins CNBC's 'Squawk on the Street' to discuss what the Trump administration will mean for antitrust scrutiny.
AI is expected to have a multi-trillion dollar economic impact globally, with a recent estimate from IDC placing AI's cumulative potential impact through 2030 at $20 trillion. Developing larger models
Lowe's (LOW) opened lower despite posting an earnings beat and raised guidance, as did XPENG (XPEV) when it showed increased EV deliveries. On the regulation front, Alphabet (GOOGL) was pushed by the
Google is still under scrutiny for its search monopoly. Chrome may be a bargaining chip in the ongoing case.
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