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Google-Anthropic Partnership Gets UK Antitrust Regulator Approval
PYMNTS.com· 2024-11-19 19:01
The UK’s competition watchdog has cleared Google’s partnership with Anthropic.The Competition and Markets Authority (CMA) said Tuesday (Nov. 19) that it had determined that the deal between the tech giant and the artificial intelligence (AI) startup did not warrant additional investigation.“The CMA does not believe that Google has acquired material influence over Anthropic as a result of the partnership,” the regulator said in its assessment of the arrangement, which came after a review of “a significant vo ...
Google slates ‘radical' DoJ over speculation of forced Chrome sale
Proactiveinvestors NA· 2024-11-19 18:17
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
What's at Stake for Alphabet as DOJ Eyes Google's Chrome
Kiplinger.com· 2024-11-19 18:15
Shares of Google's parent company Alphabet (GOOGL) are higher Tuesday. The upside comes even as reports swirl that antitrust officials at the Department of Justice (DOJ) have asked a federal judge to force Google to sell its Chrome web browser.According to Bloomberg Law, which cites people familiar with the plans, top regulators at the DOJ have asked federal Judge Amit Mehta to force Alphabet's Google to sell Chrome, the world's most popular web browser, because it "represents a key access point through whi ...
Google May Be Asked to Sell Chrome Browser by DOJ
CNET· 2024-11-19 15:02
The Department of Justice will recommend to a federal judge that Google sell its Chrome browser business as part of its ongoing search monopoly case, Bloomberg reports..This comes months after a judge ruled that Google, owned by Alphabet, violated antitrust law by illegally maintaining a monopoly in search. By ensuring its own search engine is the default choice on devices, Google is denying rival search engines the opportunity to compete, and therefore denying people the ability to experience alternatives, ...
Why Alphabet Stock Dips Are the Perfect Time to Invest
MarketBeat· 2024-11-19 14:30
A couple of weeks ago, investors celebrated an overall rally due to the United States presidential election. However, a few days later, markets cooled off to show investors a potential rotation in themes, away from a potential resurgence in inflation and very quickly down to what might look like a recession. The camp is still divided between a recession and inflation comebacks. Alphabet TodayGOOGAlphabet$175.34 -1.46 (-0.83%) 52-Week Range$129.40▼$193.31Dividend Yield0.46%P/E Ratio23.25Price Target$200.56A ...
US DOJ Plans to Push Google to Sell Chrome, According to Reports
Investopedia· 2024-11-19 13:40
KEY TAKEAWAYSThe U.S. Department of Justice is preparing to ask a judge to consider pushing Alphabet’s Google to divest its Chrome browser, according to reports Tuesday.The reports come a month after the DOJ submitted a filing giving a federal court a framework for restructuring Google.The Wall Street Journal reported that a court filing is due by the Justice department Wednesday, while Bloomberg reported that the department will ask federal judge Amit Mehta to require measures linked to Google’s artificial ...
UK competition regulator clears Alphabet's investment in Anthropic
TechCrunch· 2024-11-19 12:32
The U.K.’s Competition and Markets Authority (CMA) has okayed Alphabet’s partnership and investment in AI rival Anthropic, concluding that it doesn’t qualify for investigation under current merger regulations. The announcement comes a month after the CMA revealed it was launching a formal “stage 1” probe into Google’s parent’s various investments in Anthropic, a three-year-old San Francisco-based startup that develops large language models (LLMs) and an associated chatbot called Claude, which is something a ...
US justice department plans to push Google to sell off Chrome browser
The Guardian· 2024-11-19 12:08
US justice department officials plan to ask a judge to force Google to sell off its Chrome browser to dismantle the monopoly it has over the internet search market, in a major intervention against one of the world’s biggest tech companies.The Department of Justice (DoJ) last month filed court papers saying it is considering enforcing “structural remedies” to prevent Google from using some its products.The DoJ will reportedly push for Google, which is owned by Alphabet, to sell the browser and also ask a jud ...
US to call for Google to sell Chrome browser: Report
Techxplore· 2024-11-19 08:46
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: Google Chrome is the most popular internet browser in the world, making the internet giant a part of everyday life for people around the globe. The US will urge a judge to make Google-parent company Alphabet sell its widely used Chrome browser in a major antitrust crackdown on the internet giant, according to a media report Mond ...
Justice Department Will Request Judge Order Google To Sell Chrome In Antitrust Case, Report Says
Forbes· 2024-11-19 01:04
ToplineThe Justice Department will soon request a federal judge order Google to sell its Chrome web browser, according to Bloomberg, marking the latest development in an antitrust case against Google after a judge ruled this summer the tech giant illegally maintained a search monopoly.A final ruling in the antitrust case against Google is slated for August 2025. (Photo by Silas ... [+] Stein/picture alliance via Getty Images)dpa/picture alliance via Getty Images Key FactsThe department will recommend federa ...