Google Financial News
07.08 / 01:48
markets
Google
security
Justice
country
Department
Courts
Mint Quick Edit | Google’s search monopoly ruling: Error 404?
With countries around the world trying to rein in Big Tech, the latest antitrust ruling in the US against Google marks a big victory for regulators—the last big one having come when the US Justice Department took Microsoft to court in 1998. On Monday, US District Judge Amit Mehta ruled that Google had violated antitrust laws through an illegal monopoly in the search engine market.
06.08 / 22:27
06.08 / 19:55
markets
UPS
Google
Action
Mobile
Apple
Courts
Why Google faces the slice, not the chop
antitrust action that allow Google to take the US ruling on search in its stride. Establishing market dominance and imposing correctives takes time in court, which allows the market leader to offer concessions in a negotiated settlement. Google can very well afford to not be the default search engine on smartphones running on Android and iOS and still continue to dominate the mobile search segment.
06.08 / 19:28
Fox
Google
Election
CBS
President
rights
Why do Black Pennsylvania voters think Kamala Harris is not Black? Was Donald Trump right to question her Black identity?
Donald Trump right to say that his political rival Kamala Harris was not a Black woman? This was not the first time that the daughter of a Jamaican father and an Indian mother had faced such a racial question. But a White Republican candidate must raise this question about the presumptive Democrat candidate just before the US Presidential Election 2024. However, the question of Black identity took a new twist when some Black male voters in Pennsylvania said that they didn’t consider the vice president to be Black before Trump's comments.
06.08 / 19:03
Google
Landmark
Fighting
Justice
Department
Courts
International
In landmark Google ruling, a warning to companies about preserving evidence
U.S. District Judge Amit Mehta in Washington, D.C., lambasted Google for allegedly failing to preserve internal chats and abusing protections for legal communications, but he declined to formally sanction the company. The U.S. Justice Department had asked Mehta to punish Google for what the government called its «systematic destruction» of employee messages and «flagrant misuse» of the attorney-client privilege that shields communications with lawyers.
06.08 / 18:45
markets
Provident
Digital
Google
Browser
Trade
information
View: Judge rules Google violated antitrust laws by maintaining its monopoly in search engine market
Google violated antitrust laws by maintaining its monopoly in the search engine market. Mehta found that Google's practice of paying companies like Apple to set it as the default search engine on their devices and browsers constituted an abuse of its dominant position. The antitrust lawsuit, initiated by the US Justice Dept and several states in 2020, went to trial in September 2023. In the ruling, Mehta stated, 'The court concludes that Google is a monopolist and has acted to maintain its monopoly, thereby violating Section 2 of the Sherman Act,' which prohibits individuals or businesses from 'monopolising, attempting to monopolise, or conspiring to monopolise any aspect of trade or commerce'. The search engine colossus today handles about 90% of global search queries. It has become so ubiquitous that 'to Google' is a verb synonymous with online searching, veritably making it gatekeeper of the internet for billions.
06.08 / 18:17
Citi
FIVE
Waters
Google
ICE
2020
reports
Why is the world's largest iceberg, A23a, stuck in a swirling ocean vortex for years? Know here
iceberg in the world, might spend years trapped in its massive circle. This iceberg is roughly 1,640 square miles in size, which makes it five times larger than New York City and marginally larger than Rhode Island. In 1986, A23a separated from the Filchner-Ronne Ice Shelf in Antarctica. It floated away in 2020, having remained stranded in the Weddell Sea for decades. It didn't, however, make the anticipated transition into the South Atlantic's warmer waters. Rather, it became caught in a revolving current, known as a Taylor Column, just north of the inaccessible South Orkney Islands, with a daily rotation rate of roughly 15 degrees, as per the reports of MSN. A submerged object in a spinning system, such as Earth, is covered by ocean water, forming a Taylor Column. Here, the vortex is brought on by the Pirie Bank, a lump in the ocean floor. A spinning vortex is created above the obstruction as the river separates into two flows. And now the iceberg is spinning around inside this vortex. This phenomena is a distinct and unexpected aspect of ocean dynamics, according to scientists, including professor Mike Meredith and polar expert Mark Brandon.
06.08 / 11:28
markets
Google
Mobile
Apple
Browser
2020
Schools
Google’s antitrust loss set to reshape search and mobile industries
Google’s loss in a historic U.S. antitrust trial is reverberating across Silicon Valley, where the ruling is likely to affect not just the search giant but also its largest collaborators and competitors. Google parent Alphabet’s deals to get its search engine in front of users by paying to be the default on browsers and mobile phones have been declared illegal by a federal judge.
06.08 / 01:15
Provident
Google
Interface
Research
information
testing
Features
Why OpenAI's SearchGPT won't kill Google Search anytime soon
OpenAI introduced SearchGPT last month, it was believed to challenge Google's dominance in the space. However, rival search startup Perplexity AI's founder Aravind Srinivas and some AI researchers were quick to call out the tool's inaccuracies when prompted for simple search queries. Whether GenAI-based search can ever dethrone incumbents like Google Chrome is still a far sight. But if it does, it could cause a tectonic shift in the way users consume AI in their daily lives. ET explains what the future of search could mean and what are the pressing concerns around it: What is Search GPT?
06.08 / 01:05
markets
UPS
Google
Apple
President
Justice
Department
Google illegally maintains monopoly over internet search, judge rules
A judge has ruled that Google’s ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation
05.08 / 12:10
markets
Digital
Google
Platform
War
voice
innovations
ADIF moves CCI against Google’s ‘anti-competitive practices’ in online advertising
CCI) against tech giant Google's alleged anti-competitive practices in online advertising. ADIF has challenged Google's dominant position and «purportedly abusive behaviour» in the online search advertisement and online display advertisement markets. Google's dominance over major online platforms and its reliance on advertising for the majority of its revenue hinders competition and negatively impacts Indian businesses, a statement by ADIF said. «ADIF has filed a comprehensive complaint with the CCI, bringing to light Google's alleged anti-competitive practices in the online advertising sphere.
05.08 / 12:09
UPS
Google
Entertainment
Freedom
band
voice
Features
Amazon Great Freedom Festival Sale: Up to 60% off on QLED TVs from Samsung, Sony, TCL, VU and more
Amazon Great Freedom Festival Sale, where you can enjoy up to 60% off on QLED TVs from top brands like Samsung, Hisense, Kodak, TCL, VU, and more. Starting from noon on 6th August until 11th August, this sale offers unbeatable discounts and exciting new launches. Prime members can access the sale early, beginning at midnight on 6th August, with exclusive jackpot deals. Don’t miss out on this opportunity to shop smart and save big on the latest in home entertainment technology. Upgrade your viewing experience with these incredible offers. Enjoy a 10% instant discount with SBI credit cards and EMI transactions during the Amazon Great Freedom Festival Sale. Take advantage of no-cost EMI, exchange offers, extended warranty options, and more smart hacks to maximize your savings and shopping experience.
04.08 / 10:54
Aware
Google
Apple
Metro
Reddit
Browser
Features
Weekly Tech Recap: Apple rolls out AI features with iOS 18.1 developer beta, Nothing Phone 2a Plus launched and more
iPhones, iPads and Macs. Users running iOS 18.1, iPadOS 18.1, and macOS 15.1 Developer Beta can now experience enhanced features such as Siri's contextual awareness, automatic movie creation in the Photos app, and advanced writing tools, while Safari has been updated with the AI-powered Summarize feature, which provides concise summaries of web pages and articles.Delhi Metro Rail Corporation (DMRC) upgraded its ticketing system on WhatsApp to allow users to recharge their metro smart card right from the Meta owned app.
04.08 / 09:19
markets
IPO
Provident
Google
security
Gartner
reports
The big picture behind Google's largest acquisition failure
Alphabet-Wiz deal with interest was the potential fillip it could provide to M&A deals. According to a June report by consulting firm PwC, the number of M&A deals fell by 25% in the first half of 2024, compared to the year-ago period, a downward trend that began in 2022. "The daunting combination of high interest rates, current valuations and political uncertainty has been a showstopper for many deals," it said.
04.08 / 03:31
UPS
Google
Apple
wellness
show
Inside
Features
Have foldable smartphones finally come of age?
₹164,999/$1,970) and Flip 6 ( ₹109,999), on this note, are in their sixth generations, while the Moto Razr 50 Ultra ( ₹94,999) is in its fifth generation. Are they good enough to replace any other ‘typical’ flagships, such as the Apple iPhone 15 Pro ( ₹129,800), Google Pixel 8 Pro ( ₹106,999) and Samsung’s own Galaxy S24 Ultra ( ₹129,999)—in terms of features, practicality, and most importantly, durability? The first point that arises in conversations on choosing the right smartphone today is practicality.
03.08 / 08:36
Google
Boxing
President
performer
reports
Features
Updates
Google Chrome to introduce AI-powered Lens feature for desktop
desktop users. This upcoming update will allow users to utilize Google Lens directly from the search bar, enabling a more integrated and efficient way to search using both images and text, according to The Verge. As detailed by Parisa Tabriz, Vice President of Chrome, the new functionality will enable users to click a Google Lens icon in the search box.
03.08 / 04:55
Provident
Google
Netflix
Browser
voice
Features
Videos
Amazon TV Sale: Score big savings on best smart TVs with up to 64% off, top 10 picks
1. LG 80 cm (32 inches) HD Ready Smart LED TV The LG 80 cm (32 inches) HD Ready Smart LED TV in Dark Iron Gray offers an immersive viewing experience with a 32-inch LED display. It features HD Ready resolution (1366x768) and a 60 Hz refresh rate, providing clear and smooth visuals.
03.08 / 04:23
Reuters
Google
CEO
Research
reports
Google hires top talent from startup Character AI, signs licensing deal
Startup Character.AI said on Friday it has signed an agreement with Alphabet's Google that grants the search engine giant a non-exclusive license to the chatbot maker's large language model technology. The deal, echoing ones struck by Microsoft and Amazon in the past few months, will see Character.AI co-founders Noam Shazeer and Daniel De Freitas rejoin Google, where they were formerly employees. Those other deals are being scrutinized by regulators, reflecting growing concern in both the U.S. and Europe about how AI deals are put together by tech giants who are funneling billions into bolstering their AI infrastructure and hiring the best researchers from startups.
03.08 / 01:43
markets
Provident
Google
Enterprise
Boxing
wellness
reports
Essar Group-backed IT systems integrator Black Box raises Rs 410 crore
IT systems integrator Black Box has raised Rs 410 crore via preferential issue aimed towards expanding data centre infrastructure services globally and tap in the growing demand for AI computing. The infrastructure provider which counts Amazon, Google, Microsoft as its clients is looking to invest in expanding data centre services to hyperscalers, multi-tenant data centre operators and large enterprise data centre, as well as connectivity and networking infrastructure. A portion of the funds will be allocated towards sales and business development in North America and emerging markets. The company’s Board of Directors has approved the issuance of 98,32,123 fully convertible warrants, at a price of Rs 417 aggregating to Rs 410 crores, it said in an exchange filing on Friday.
02.08 / 17:45
markets
Google
Platform
security
Strategy
Research
social
Sebi’s game plan to regulate influencers may involve social media giants like Google
MUMBAI: India's markets regulator has devised a seven-point plan to regulate the growing tribe of financial influencers, said Kamlesh Varshney, full-time member of the Securities and Exchange Board of India (Sebi), at the FICCI's 21st Annual Capital Markets Conference (CAPAM) on Friday.
02.08 / 15:33
Google
WhatsApp
Interface
voice
testing
Features
Voice messages coming to Meta AI: WhatsApp's latest Beta feature tipped
version 2.24.16.10.The anticipated feature allows users who are part of the Google Play Beta program to access a new voice message icon within the chat interface. This icon, resembling the familiar voice message symbol found in standard chats and group conversations, is positioned adjacent to the text input field at the bottom of the screen.
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