Alphabet shares slid 6% Thursday, following news that the Department of Justice is calling for Google to divest its Chrome browser to put an end to its search monopoly. The proposed break-up would, according to the DOJ in its Wednesday filing, "permanently stop Google's control of this critical search access point and allow rival search engines the ability to access the browser that for many users is a gateway to the internet."This development is the latest in a years-long, bipartisan antitrust case that fo ...

Shares of Google parent Alphabet plunged more than 6% on Thursday after the Justice Department asked a federal judge to order a selloff of Google’s Chrome web browser – one of several remedies aimed at breaking up the Big Tech firm’s monopoly over online search.The stock drop signaled anxiety on Wall Street about Google’s future after DOJ attorneys outlined the set of proposed corrections for Google’s business in filings late Wednesday. US District Judge Amit Mehta will have final say over which remedies to ...

Shares of mighty Alphabet are down about 7% today after the U.S. Department of Justice said it should sell its Chrome web browser among other remedies after the tech giant lost a landmark antitrust case last summer. Government lawyers said in a filing that splitting Google’s dominant search engine from Chrome, which controls about two-thirds of the browser market, as well as from its Android operating system, is necessary to ensure a competitive Internet. The filing comes after U.S. District Judge Amit Meh ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain From family photos stored on the cloud to social media posts cataloging life's pivotal moments, to music, art and stories we create and share online, the digital world is infused with representations of who we are. What happens to that digital legacy after we die, and how do we manage the vir ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain News broke this week that the U.S. Department of Justice wants to force Alphabet Inc.'s Google to sell Chrome, its dominant web browser. That has led to much head scratching in the tech industry. Sure, Chrome is an important moat for Google's business, but is it really the source of the compa ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: US antitrust attorneys want a judge to keep the option of forcing Google to also sell its Android mobile operating system, which powers most of the world's smartphones. The US government late Wednesday asked a judge to order the dismantling of Google by selling its widely used Chrome browser in a major antitrust crackdown on the ...

ToplineThe U.S. government on Wednesday requested a federal judge order Google to sell its Chrome web browser and make significant changes to how search works on its Android mobile operating system, in a filing made months after the judge ruled that Google violated antitrust laws to maintain an illegal monopoly with its search engine.The Justice Department has asked a federal judge to force Google to sell off Chrome and make ... [+] sweeping changes to search on Android.Copyright 2024 The Associated Press. ...

Alphabet’s Google must sell its Chrome browser, share data and search results with competitors and take a range of other measures to end its monopoly on searching the internet, US prosecutors have argued to a judge.Such changes would essentially result in Google being highly regulated for 10 years, subjecting it to oversight by the same Washington federal court that ruled the company maintained an illegal monopoly in online search and related advertising.Google controls about 90% of the online search market ...

Google must sell its Chrome browser to restore competition in the online search market, US prosecutors have argued.The proposed breakup has been floated in a 23-page document filed by the US Justice Department. It also calls for lawmakers to impose restrictions designed to prevent its Android smartphone software from favouring its own search engine.If the rules were brought in, it would essentially result in Google being highly regulated for 10 years.Google controls about 90% of the online search market and ...

Advertisement The DOJ asked the judge in its antitrust case against Google to force the company to sell Chrome.Chrome is a key distribution method for Search, which provides crucial data for Google's ads.A breakup would be a blow to Google and likely create opportunities for competitors.A possible breakup of Google just became slightly more likely.The Justice Department on Wednesday asked the judge in its antitrust case against Google to force the company to sell its Chrome browser.Advertisement That foll ...