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Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
CNBC· 2025-08-13 21:18
In this articleGOOGLAlphabet CEO Sundar Pichai speaks at a Google I/O event in Mountain View, Calif., Tuesday, May 20, 2025.Jeff Chiu | APPerplexity AI's bid on Tuesday to buy Google's Chrome browser for $34.5 billion represents a dramatic moment for the internet search giant, a week before it celebrates the 20th anniversary of its IPO.Even if analysts aren't taking the offer very seriously, Perplexity's move marks a turning point. It's the first time an outside party has made such a public and specific eff ...
Fmr. FTC Commissioner: Perplexity is another company trying to capitalize on Google's antitrust woes
CNBC Television· 2025-08-13 15:26
Meanwhile, AI started Perplexity offering to buy Google's Chrome browser for 13.5% billion dollars. Offer comes in as Google faces this regulatory scrutiny. As you know, our next guest says Perplexity is another company trying to quote capitalize on Google's antitrust wos.Former FTC Commissioner Moselle Thompson's here at Post9 to discuss. Moselle, it's good to have you back. >> Good to be here.>> We've been asking whether or not you think this bid is genuine, right. Or at least comes from the right place. ...
Jonathan Kanter on Perplexity's $34.5 billion bid for Google's Chrome browser
CNBC Television· 2025-08-13 14:30
The Department of Justice, as you mentioned, has requested uh the court require uh Google to devest Chrome. This is a clever move by Perplexity because one of the things that Google is arguing in court is that one, Chrome has no value outside of Google, and two, it would be difficult, if not impossible, to devest the asset. Now, here you have perplexity with 34 billion reasons why uh it has value outside of Google.uh and um if they're willing to buy for $34 billion then um clearly it's an asset that they ca ...
Perplexity AI offers Google $34.5 bn for Chrome browser
TechXplore· 2025-08-13 07:43
Core Viewpoint - A US judge is expected to decide on whether Google should divest its Chrome browser as part of antitrust proceedings, with Perplexity AI offering $34.5 billion for the browser, which is nearly double its recent valuation of $18 billion [3][4]. Group 1: Antitrust Proceedings - The US government is advocating for Google to sell Chrome to mitigate its dominance in online search, especially as AI technology is enhancing its market position [5]. - Google is contesting the divestment, arguing that it would not promote competition and could harm innovation and user experience [8]. Group 2: Perplexity AI's Offer - Perplexity AI's proposal aims to place Chrome under an independent operator focused on consumer protection and continuity [4]. - Analysts from Baird Equity Research suggest that Perplexity's offer undervalues Chrome and may be a strategy to influence the antitrust case or attract other bidders [6][7]. Group 3: Market Implications - The potential divestiture of Chrome could have significant global implications, as over 80% of its users are outside the US [8]. - The competition landscape is evolving with the rise of generative AI technologies from rivals like Microsoft and ChatGPT, which could impact Chrome's market share [9][10].
X @Forbes
Forbes· 2025-08-12 23:10
Why Elon Musk threatened Apple with legal action on antitrust grounds: https://t.co/MEH2xvMiet https://t.co/NiJlCRorkS ...
Elon Musk threatens Apple with legal action, reignites OpenAI feud over alleged antitrust violations
New York Post· 2025-08-12 19:37
Elon Musk threatened Apple with a lawsuit – and launched a testy back-and-forth on X with OpenAI’s Sam Altman as he accused the App Store of violating antitrust laws by unfairly favoring ChatGPT over Musk’s Grok chatbot.“Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation. xAI will take immediate legal action,” Musk wrote in a post on his social media platform X Monday.He added that X and his Grok ...
Musk-Altman battle escalates as Tesla CEO drags Apple into the spat
CNBC· 2025-08-12 17:46
There's a new company at the center of the intensifying battle between Elon Musk and Sam Altman: Apple.Musk and Altman, who helped start OpenAI a decade ago with a group of other co-founders, had a public falling out that led to a legal fight last year, with Musk accusing Altman of breach of contract for abandoning the artificial intelligence company's founding mission.The back-and-forth war of words and lawsuits took another dramatic turn on Monday, when Musk threatened Apple with "immediate" legal action ...
Perplexity Makes Unsolicited Bid to Buy Google's Chrome Browser
PYMNTS.com· 2025-08-12 17:26
Artificial intelligence startup Perplexity reportedly made an unsolicited offer to buy Google’s browser, Chrome, amid the uncertainty around a pending antitrust ruling that could see a judge force Google to sell the browser.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free acc ...
AI Firm Perplexity Makes $34.5 Billion Bid For Google's Chrome Browser
Forbes· 2025-08-12 17:25
The offer was first reported Tuesday morning. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)AI company Perplexity has made a $34.5 billion offer for Google’s Chrome browser, according to multiple outlets , making the bid as a judge considers forcing Google to spin off Chrome after it was ruled to have held a monopoly over online advertising technology.The $34.5 billion offer is backed by several unnamed investors “including large venture-capital funds,” according to The Wall ...
Elon Musk threatens Apple with legal action over claim of app store favorability toward OpenAI
CNBC Television· 2025-08-12 16:46
Elon Musk threatening legal action against Apple overnight, accusing Apple of quote behaving in a manner that makes it impossible for any AI companies beside Open AI to reach number one in the app store, which is unequivocal antitrust violation. According to Musk, Alman responding, quote, "This is remarkable claim given what I've heard alleged that Elon does to manipulate X to benefit himself and his own companies." Here to discuss is Mal Lad Ram, Fortune contributing editor, CNBC contributor. McCall Alman ...