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Top EU court dismisses Google appeal of $4.5 billion antitrust fine
Associated Press79d agobearish
Top EU court dismisses Google appeal of $4.5 billion antitrust fine

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.

Waymo Has a Tesla-Like Recall. What It Means for Alphabet Stock.
Barrons.com93d agobearish
Waymo Has a Tesla-Like Recall. What It Means for Alphabet Stock.

Waymo is recalling 3,871 robo-taxis to correct software that might allow a vehicle to enter a freeway construction zone, according to a National Highway Traffic Safety Administration notice. For starters, it illustrates the size of the Waymo robo-taxi fleet. The Alphabet -owned ride-hailing network operator is expanding across the country, along with other companies, including Tesla Amazon.com -backed Zoox, and others.

Social media companies to pay $27 million to settle Kentucky school district's lawsuit, records show
Reuters112d agobearish
Social media companies to pay $27 million to settle Kentucky school district's lawsuit, records show

A Kentucky school district secured roughly $27 million in settlements from Meta Platforms and other social media companies over claims they fueled a student mental‑health crisis, according to records seen by Reuters on Friday. Meta agreed to pay ‌the most at $9 million in the bellwether case for school districts, according to documents that reveal financial terms for the first time as ‌terms of the deals had not been disclosed in court. The operator of Instagram, Facebook and WhatsApp settled the case brought by Breathitt County School District on May 21, a few weeks ​before a planned June trial, following settlements by co-defendants Snap Inc, YouTube parent Alphabet and TikTok parent ByteDance.

Waymo recalls thousands of robotaxis for surprising reason
TheStreet129d agobearish
Waymo recalls thousands of robotaxis for surprising reason

On April 20, an unoccupied Waymo robotaxi encountered a flooded section of road in San Antonio during extreme weather. Instead of stopping, it slowed down and kept going. The vehicle was swept into Salado Creek. It had to be recovered from the waterway days later. Ten days after that incident, ...