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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

Just one day after glowing reviews, a surprise revenue warning sent the stock into a tailspin and brought lawyers to the door.

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.

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.

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

Alphabet's (GOOGL, GOOG) Google is facing a South Korean investigation for allegedly abusing its dom

Waymo Recalls 3,900 Vehicles After Construction Zone Software Problem

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.

NHTSA identifies a Fifth Generation ADS flaw that could cause vehicles to enter closed freeway zones at speed

Waymo identified a software problem that could likely ​cause the vehicles to enter ⁠a closed freeway construction ​zone and continue driving ​at speed.

JPMorgan Chase (JPM), Alphabet's (GOOG, GOOGL) Google and more than two dozen other companies have b

A jury had found the two companies liable for designing platforms that harmed a young user and awarded $6 million in damages

Investing.com -- Meta Platforms, TikTok parent ByteDance, Snap, and Alphabet’s YouTube have agreed to pay roughly $27 million to settle claims brought by a Kentucky school district alleging their platforms contributed to a student mental health crisis, Reuters reported on Friday.