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An appeals court ruled more than 3,000 lawsuits against Meta, Google, TikTok and Snapchat over addictive design claims targeting youth can proceed.
Platforms like Meta, TikTok, Snapchat, and Google are facing a long road of litigation.
The appeals court ruled Section 230 provides a liability defense, not immunity, making Meta's appeal premature
Firefox developer Mozilla is warning that it could be forced to "exit the browser and browser engine markets" if it can no longer receive payment from Google for distributing its search engine.
Alphabet (GOOGL) is back in the legal spotlight after Teads Holding Co. filed a lawsuit in New York accusing Google of exclusionary ad tech practices that restricted competition and revenue opportunities for independent advertising platforms. See our latest analysis for Alphabet. Alphabet’s share price has moved sharply in recent sessions, with a 1-day share price return of 4.88% and a 7-day share price return of 11.93% after recent earnings, AI investment updates, and renewed legal scrutiny...
A new wrongful death lawsuit has been filed against several tech companies, including Alphabet's YouTube. The complaint alleges that social media platforms knowingly targeted minors and concealed risks linked to child deaths. The case focuses on internal company behavior and platform oversight rather than typical shareholder or privacy issues. Alphabet, which trades on the NasdaqGS under the ticker NasdaqGS:GOOGL, is under fresh scrutiny as this lawsuit raises questions about YouTube's...
A Florida teen suing social-media platforms over claims their design led to mental health issues dropped his lawsuit against Meta Platforms ahead of a trial slated to begin next week in Los Angeles.
(Bloomberg) -- Apple Inc. and the US Justice Department are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws. Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian Tour
Alphabet unit Google on Wednesday urged Europe's top court to dismiss EU antitrust regulators' appeal against a lower court ruling that scrapped a €1.49 billion ($1.7 billion) fine, saying the regulators' arguments were flawed. The dispute reached the Court of Justice of the European Union after regulators appealed a 2024 General Court ruling that annulled the fine imposed on Google in 2019. The lower court cited errors in the European Commission's assessment of the case.
Hachette, Cengage, Elsevier, and other publishers allege that Google trained its AI on copyrighted works without the necessary permissions.
‘The bad blood between Apple and OpenAI plays into Google’s hands,’ says Paul Meeks, head of technology research at Freedom Capital Markets.
European Court of Justice upholds a €4.1b antitrust fine against Alphabet on its Android practices. Ruling is final and concludes a multi year legal dispute over Android market dominance in Europe. Decision increases regulatory pressure on Alphabet's core search and mobile ecosystems globally. For investors tracking Alphabet, ticker NasdaqGS:GOOGL, this ruling directly touches the foundations of its Android, search, and app distribution businesses. Alphabet runs one of the most widely used...
The judgment concludes a legal dispute that began after the European Commission fined Google in 2018 for abusing market dominance.
Alphabet Inc (NASDAQ:GOOG) shares traded about 1% lower on Thursday after the European Court of Justice (ECJ) upheld a €4.1 billion ($4.67 billion) antitrust fine against Google over its Android mobile operating system. The ruling marks the end of Google's legal challenge against the European...
EU court backs regulators in long-running case.
Europe's top court upheld findings that Google abused Android's market dominance.
On this episode of Stock Movers: - SoftBank (SFTBY) shares are responding to news that it is starting a new U.S. venture to rent out the computing power needed to build and run artificial-intelligence models, aiming to capitalize on strong American demand for AI computing resources. - Shares of Alphabet/Google (GOOG) are responding to the company losing its long-running fight against a 4.1 billion ($4.7 billion) European Union antitrust fine after the bloc's top judges said regulators were right to punish the US giant for abusing Android's market power.
Judges at the European Union's top court dismissed an appeal by Google over a landmark, 4.1 billion euro ($4.5 billion) antitrust fine imposed for throttling competition and reducing consumer choice through the dominance of its mobile Android operating system. The case has been tangled up in courts since the European Commission announced the fine in 2018. “The appeal brought by Google and its parent company Alphabet against the judgment of the General Court is dismissed, thereby confirming the penalty imposed for Google Search’s abuse of a dominant position in the context of the Android operating system,” the Luxembourg-based judges wrote in their ruling.
Alphabet's Google on Thursday lost its fight against a record fine imposed by EU antitrust regulators eight years ago for using its Android mobile operating system to block rivals, a court ruling likely to boost Europe's crackdown on Big Tech. The European Commission had originally handed out a €4.34 billion fine to Google in 2018 for its agreements which forced phone manufacturers to pre-install Google Search, the Chrome browser and the Google Play app store on their Android devices and prevented them from using rival Android systems. Google then appealed to the Luxembourg-based Court of Justice of the European Union, Europe's highest.
Yahoo Finance Tech Editor Dan Howley breaks down some of the day's biggest headlines, including Alphabet's Google (GOOG, GOOGL) being ordered by a Swedish court to pay nearly $2 billion to buy now, pay later platform Klarna (KLAR) in an antitrust suit.
South Korea's antitrust regulator accused Google of abusing its dominance in the Android app market.
Sweden's market court has ordered Google to pay nearly $2 billion in damages to Klarna Group's PriceRunner subsidiary. The court found that Google unlawfully favored its own shopping comparison service over rivals for several years. This ruling is described as one of the largest antitrust damages awards in Sweden and strengthens Klarna's position in comparison shopping. Klarna Group (NYSE:KLAR), which acquired PriceRunner in 2022, now has a substantial court-awarded claim tied directly to...
By Supantha Mukherjee STOCKHOLM, July 1 (Reuters) - A Swedish court on Wednesday ordered Alphabet's Google to pay about $1.5 billion in damages to PriceRunner, the price comparison business owned by
The Patent and Market Court in Stockholm ruled Google unlawfully favored its own shopping comparison service, though the award fell well short of what PriceRunner sought
Watchdog says company restricted app store competition.
A Swedish court on Wednesday ruled that Google-parent Alphabet abused its internet search-related market power in comparison shopping services versus Klarna Group's Pricerunner unit. Google was ordered to pay Klarna nearly $2 billion in damages. Klarna stock popped on the news.
Investing.com -- Klarna Group (NYSE:KLAR) shares jumped 6% on Wednesday following a massive legal victory over Alphabet’s tech monopoly. A Swedish court ruled in favor of Klarna’s subsidiary, PriceRunner, awarding the company a staggering $1.97 billion in antitrust damages. The high-stakes judgment caps off a fierce battle over online shopping dominance, with the court finding that Google illegally choked out competition by manipulating search results to favor its own comparison-shopping service
(Updated with a response from a Google spokesperson in the sixth paragraph.) Alphabet's (GOOGL, G
STOCKHOLM, July 1 (Reuters) - A Swedish court said on Wednesday Alphabet's Google is to pay the equivalent of around 14.3 billion Swedish crowns ($1.5 billion) in antitrust damages to Klarna's price
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