#antitrust

#antitrust

Alphabet hit just over $3 trillion dollars in market cap on Monday as investors continue to reward it after a federal judge declined to break the company up. On Sept. 2, U.S. District Court Judge Amit P. Mehta outlined softer-than-feared remedies for his year-ago ruling that Google maintained an illegal monopoly in search. The DOJ had proposed stronger remedies, including that Alphabet-owned Google be forced to sell Chrome. Tech companies like Perplexity and Ecosia lined up with unsolicited bids. But that possibility has been nixed.

"Given Google's scale, size and market condition, they need to come to a place of playing ball," Vogel said Monday.

Google parent company Alphabet has reached a market value of $3 trillion (€2.55 trillion). The milestone follows optimism surrounding artificial intelligence and a favorable antitrust ruling that allows the company to retain control of Chrome and Android. For Alphabet, the market value of $3 trillion confirms that its AI strategy is heading in the right direction. The company is investing heavily in machine learning and natural language processing, which is now resulting in strong financial performance in the cloud division.

As AI technologies evolve, it is important to consider the effects chatbots can have on children, while also ensuring that the United States maintains its role as a global leader in this new and exciting industry. The study we're launching today will help us better understand how AI firms are developing their products and the steps they are taking to protect children.

Futures for the S&P 500 were flat, while futures for the Dow Jones Industrial Average shed 0.2% and Nasdaq futures ticked up 0.1%. In equities trading, RH shares slid 7% after the company formerly known as Restoration Hardware missed sales and profit targets and lowered its full-year guidance due to the impacts of tariffs.Microsoft rose modestly after European Union regulators accepted the tech giant's proposed changes to its Teams platform, resolving a long-running antitrust investigation.

poaching talent in billion-dollar deals still amounts to an acquisition by another name - and it could someday meet the same scrutiny as blockbuster mergers. "If these acqui-hires arebeing done in a way that is ultimately having a bad effect on competition, that is something that enforcers should be able to look at, and they should be looking at," she said during a talk at NYC Summit, an annual gathering of tech builders and investors hosted by the early-stage venture firm Primary.

Perplexity, the AI-powered search startup that compete with Google by providing conversational answers to user queries, has secured $200 million in new capital at a $20 billion valuation, The Information reported. The fresh funding comes just two months after the company raised $100 million at an $18 billion valuation, according to Bloomberg's July report. Since its founding three years ago, the rapidly growing AI company has raised $1.5 billion in total funding, according to PitchBook data.

Eytalis claims that WFAR has billed her and her firm several times over the past year for overdue membership fees for agents she claims are no longer active. In the motion, Eytalis states that in late August, WFAR sent a termination threat letter that asked her to pay her agents' overdue fees by this past Monday. If she lost access to the MLS, Eytalis said this would wipe out 70 listings and cause her to lose roughly $30,000 in monthly commission revenue.

But last week, Google contradicted this stance in a court filing. The tech giant acknowledged that "the open web is already in rapid decline." In a pre-trial filing, Google reacted to the US Department of Justice's suggestion to sell off its advertising division. Google maintained that it would only hasten the downfall of the open web, an environment that a majority of publishers depend on for display advertising revenue.

The Information recently dropped a juicy scoop about GAM representatives hosting a dinner for top ad agencies in New York City in July to discuss ways that GAM could work directly with buyers. An anonymous source who attended the gathering told The Information that the GAM team brought up tech that would allow agencies to buy ads directly through GAM.

any attempts by the WNBA to block efforts to keep the Sun in Connecticut could violate federal antitrust laws.

Under the new agreement tariffs on most EU imports to the United States were reduced to 15 percent and Brussels pledged to purchase $750-billion-worth of U.S. energy products, including oil, gas, nuclear fuel and semiconductors, through to 2028. If Trump goes ahead with Section 301 proceedings it could renew tensions between the U.S. and EU, while continuing an ongoing battle over what influence European regulators should have over American tech companies.

Around six years ago, a new rallying cry rippled through Washington: "Break Up Big Tech." It was a slogan emblazoned on campaign posters, uttered at congressional hearings, and beginning, it seemed, to echo through the halls of the nation's antitrust enforcers. Momentum in the legislatures eventually petered out, but the enforcers at the Justice Department and Federal Trade Commission remained more active than ever.

Despite concluding Google had operated an illegal monopoly, U.S. district judge Amit Mehta did not force the company to take remedies such as spinning off its Chrome browser or to stop paying hardware vendors for prime positioning on their platform. Nor did the judge say Google must give users explicit "choice screens" that could have encouraged them to make AI rivals like ChatGPT or Perplexity their default search option.

The antitrust lawsuit, filed on Wednesday in the US district court for the southern district of Florida, names both Fox News Network and its parent company, Fox Corp. It claims the broadcaster carried out an exclusionary scheme to increase and maintain its dominance in the market for US right-leaning pay TV news. The complaint goes on to say Fox's control over this must-have news channel gives it significant market power and leverage to impose onerous demands on distributors of its content.