Advertisement Judge Amit Mehta found in August that Google holds an illegal monopoly in its search business.On Wednesday, DOJ officials in the antitrust division filed their proposal for remedies in the case.The DOJ wants Judge Mehta to force Google to sell its Chrome browser.Officials from the Department of Justice, in a Wednesday filing, urged District Judge Amit Mehta to force Google to sell its Chrome browser.The recommendations are the finalized proposal by the DOJ's antitrust division for remedies in ...

Advertisement Target's third-quarter results came up short, with sales growth of 0.3% from last year.The company described a shift in consumer spending from "resilient" to "resourceful."Now, they're waiting "until the last moment of need, focusing on deals, and then stocking up," CEO Brian Cornell said.Target has described US households as "resilient" in recent quarters. Now, the retailer is rolling out a new descriptor for shoppers this fall: "resourceful."Looking to stretch their budgets just a little fa ...

Core Insights - Ford is cutting 4,000 jobs in Europe due to significant losses in its passenger vehicle operations and weaker-than-expected demand for electric vehicles (EVs) [1][2] - The job cuts will primarily impact Germany and the UK, reflecting the company's response to rising competition in the EV market [2] - Ford's CFO, John Lawler, has called for joint industry action to improve market conditions and ensure the success of the automotive industry in Europe [4][5] Company Actions - The company plans to implement additional short-time working days at its Cologne plant in the first quarter of 2025 as part of its restructuring efforts [3] - Ford is facing significant competitive and economic challenges in Europe, particularly related to the transition to EVs and misalignment between CO2 regulations and consumer demand [3] Industry Context - The global auto industry is undergoing a period of significant disruption as it shifts towards electric vehicles, necessitating decisive actions from automakers [3] - There is a lack of a clear policy agenda in Europe to advance e-mobility, including public investments in charging infrastructure and incentives for consumers [5] - The news of Ford's job cuts follows similar actions by General Motors, which announced 1,000 layoffs to optimize operations [7]

Advertisement Cable networks used to be incredibly valuable. But in the streaming and cord-cutting era, they are in decline.That's why Comcast is ditching almost all of its cable networks into a new, stand-alone company.It would like to convince other cable TV owners to join in.One of the country's biggest cable TV companies doesn't want its cable networks anymore. Would you like them?That's the pitch Comcast is making Wednesday as it announces plans to split off almost all of its cable TV networks into a ...

Advertisement Comcast plans to spin off some NBCUniversal cable channels. The planned spinoff includes MSNBC, CNBC, E!, and Oxygen, among others.NBC, Bravo, and the streaming service Peacock would not be spun off under the plan.Comcast is planning to break off some of its cable television channels. The plan to spin off some NBCUniversal channels includes MSNBC, CNBC, USA, Oxygen, E!, Syfy, and the Golf Channel, while NBC, Bravo, and the streaming service Peacock would remain under NBCUniversal, a source cl ...

Advertisement Google pays Apple at least $20 billion a year to make its search engine the default on iPhones.Those payments were at the heart of a federal antitrust case Google lost earlier this year.Now, the government will ask a judge to ban those payments. But it's not a done deal.Apple makes billions of dollars a year from Google. But a federal judge's ruling could make that money disappear.That's because a long-running deal between Apple and Google, where Google pays Apple at least $20 billion a year ...

Advertisement Nvidia's Blackwell chip presents cooling challenges for customers.Reports that overheating will slow the Blackwell ramp are "overblown," according to Semianalysis.Liquid cooling adoption is crucial for data centers to handle advanced chips.The rollout of Nvidia's most advanced chip ever, Blackwell, has been met with both excitement and anxiety.First, there were chip design issues, which CEO Jensen Huang has since said are fully resolved. Now cooling is top of mind after a report from The Info ...

Advertisement Amazon has faced repeated delays in launching a new AI-powered Alexa.Integration with partners like Uber and Ticketmaster has complicated troubleshooting processes.Latency and compatibility issues have also caused delays.Amazon's Alexa seems like the perfect product for the generative AI era.Getting this powerful technology to actually work well with the digital assistant is a monumental challenge that's been plagued by gnarly technical problems and repeated delays.Advertisement Customer-fri ...

Advertisement Walmart's CFO said that Trump's proposed tariffs could lead the retailer to raise prices.About one-third of the retailer's products are imported, mostly in non-grocery items.During Trump's previous term, Walmart said it would try to avoid food price increases by managing costs elsewhere.Walmart is the latest company to signal price hikes may be on the way.Walmart CFO John David Rainey said on Tuesday that Trump's sweeping tariff plan could lead the retailer to raise prices on a portion of its ...

Advertisement A federal judge ruled in August that Google violated antitrust law to keep a monopoly on search.The Department of Justice is weighing several remedies to resolve the case.DOJ officials reportedly plan to ask a judge to force Google to sell Chrome.Officials from the DOJ are reportedly planning to ask a judge to force Google to sell its Chrome browser.The remedy would follow a ruling in August in which a federal judge found the tech giant violated the law and held a monopoly on online search.Ad ...