US FTC Backs DOJ Proposal in Google Search Antitrust Case

US FTC Backs DOJ Proposal in Google Search Antitrust Case

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The U.S. Federal Trade Commission, the de-facto federal privacy regulator, said on Friday that the U.S. Department of Justice’s proposal to make Alphabet’s Google share search data with competitors includes adequate safeguards to protect users’ privacy. The proposal is part of a range…

US FTC Backs DOJ Proposal in Google Search Antitrust Case

Google to Appeal Against Part of US Court’s Decision in Monopoly Case

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Alphabet’s Google plans to appeal against the “adverse” portion of the court decision in the US Department of Justice’s monopoly case against the technology giant. On Thursday US District Judge Leonie Brinkema found Google liable for “willfully acquiring and maintaining monopoly power” in…

Google Reportedly Lays Off Hundreds of Employees in Android, Pixel Teams

Google Reportedly Lays Off Hundreds of Employees in Android, Pixel Teams

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Alphabet’s Google laid off hundreds of employees in its platforms and devices unit, The Information reported on Friday, citing a person with direct knowledge of the situation. The cuts in the division, which houses the Android platform, Pixel phones and the Chrome browser…

Google, Apple and Meta to Face First Digital Markets Act Probes in the EU

Google, Apple and Meta to Face First Digital Markets Act Probes in the EU

ByNews Polite

Apple, Alphabet’s Google and Meta Platforms will be investigated for potential breaches of the EU’s new Digital Markets Act, European antitrust regulators said on Monday, potentially leading to hefty fines for the companies. The European Union law, effective from March 7, aims to challenge the power of the tech giants…

Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market

Apple Gets Sued by the US DOJ; Accused of Illegal Monopoly in Smartphone Market

ByNews Polite

The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet’s Google, Meta Platforms and Amazon.com across the…

Nvidia Market Cap Threatens Google Parent Alphabet After Overtaking Amazon

Nvidia Market Cap Threatens Google Parent Alphabet After Overtaking Amazon

ByNews Polite

Nvidia was on the verge of overtaking Alphabet as Wall Street’s third most valuable company on Tuesday as the dominant AI chipmaker ended the day with a market capitalization above Amazon’s for the first time in two decades. Nvidia’s shares slipped 0.17%, leaving its stock market value at $1.78 trillion,…

AI Companies Lose 0 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results

AI Companies Lose $190 Billion in Market Cap After Alphabet, Microsoft Report Quarterly Results

ByNews Polite

AI-related companies lost $190 billion (roughly Rs. 15,77,620 crore) in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring. The selloff following the tech giants’ reports after the bell underscored investors’ elevated expectations following…

Google Faces Billion US Patent Infringement Trial Over AI Technology

Google Faces $7 Billion US Patent Infringement Trial Over AI Technology

ByNews Polite

Alphabet’s Google is set to go before a federal jury in Boston on Tuesday in a trial over accusations that processors it uses to power artificial intelligence technology in key products infringe a computer scientist’s patents. Singular Computing, founded by Massachusetts-based computer scientist Joseph Bates, claims Google copied his technology…