Google suffered a heavy blow in the antitrust case, and its dominant position in the Android app market may be overturned.
A US judge issued a permanent injunction forcing Google to provide an alternative to the Google Play Store for Android phone users to download applications. Google will also be prohibited from paying fees to companies or sharing revenue in exchange for not competing with Google's app store. Alphabet, Google's parent company, saw its stock price drop over 2.4%, dragging down the large cap stocks significantly after the midday break. Analysts say that the latest ruling may accelerate the weakening of Google and Apple's control over the app store.
AI Godfather Geoffrey Hinton Wins Nobel Prize For Artificial Intelligence Work: 'Work Has Already Been Of The Greatest Benefit'
Epic wins the lawsuit! A US judge ruled that Google (GOOG.US, GOOGL.US) must open the Android system to third-party stores.
As of Monday's close, Google fell by 2.47%, closing at $164.39.
Google Announcing Availability Of Nvidia NIM On Google Kubernetes Engine
Express News | Google (GOOG.O): Announced that nvidia (NVDA.O) Nvidia Nim microservices are available on Google Kubernetes Engine.
TikTok On Us Attorneys General Lawsuits Says Strongly Disagree With These Claims, Many Of Which We Believe To Be Inaccurate And Misleading
Robotaxi Fleet: If Tesla Builds It, Will the Consumers Come?
Google To Introduce New Requirements For Advertisers Promoting Financial Services In Ireland, New Zealand, South Korea, And Thailand; Will Begin Enforcing Updated Financial Services Verification Process Policy On Nov 7
Alphabet Unusual Options Activity
'TikTok Faces New Lawsuits Filed By 13 U.S. States And The District Of Columbia On Tuesday, Accusing The Popular Social Media Platform Of Harming And Failing To Protect Young People'
Vodafone, Google Expand Partnership With Billion+ Dollar Deal: Details
'Godfather of AI' Who Left Google Last Year Wins Nobel Prize in Physics
Datacenter Capex Forecasts to Grow at Least 40% in 2025: Citi
Express News | Following Microsoft and Amazon, Google is also seeking to bet on nuclear energy to power datacenters.
US stock outlook | Popular Chinese stocks pulled back sharply before the market, Pinduoduo fell more than 8%; the market refocused on US CPI, Damo: US core CPI is expected to rise moderately in September
Overseas listed china etfs pulled back, 3x long ftse china etf-direxion plunged more than 25% in pre-market trading, 3x short ftse china etf-direxion soared more than 32% in pre-market trading; Piper Sandler bullish on Google, pinterest and other internet plus-related stocks Q3 performance; US earnings season kicks off this week: profit expectations significantly decreased.
Express News | USA court orders Google to open the Android system to third-party app stores.
Tesla Stock Is Rising. Here's What's Moving Shares. -- Barrons.com
US Stock Market Outlook | The three major equity index futures rise together, kicking off a new round of earnings season.
On October 8th (Tuesday) in pre-market trading, the three major equity index futures in the US stock market all rose.
Market Chatter: Alphabet's Google Considers Using Nuclear Power for Its Data Centers
US to Propose How Google Should Boost Online Search Competition