Google is one of the biggest tech companies in the world, but it will soon face a stout legal challenge from the US government. The Justice Department has filed a 57-page complaint with the US District Court in Washington, D.C. that accuses Google of engaging in anticompetitive business practices in an attempt to protect a monopoly on internet searches.
“For many years,” a portion of the suit reads, “Google has used anticompetitive tactics to maintain and extend its monopolies in the markets for general search services, search advertising and general search text advertising — the cornerstones of its empire.”
The legal battle is expected to drag on for years, and it’s not yet clear what the potential fallout for Google would be if the company lost the suit. Alphabet, the parent company of Google, is valued at over $1 trillion. As noted by the New York Times, Google has fought
(Reuters) – The U.S. Justice Department filed an antitrust lawsuit against Alphabet Inc’s Google on Tuesday, claiming the $1 trillion company uses its market power to fend off rivals and said nothing was off the table, including a breakup of the internet search and advertising company.
“Today, millions of Americans rely on the Internet and online platforms for their daily lives,” Attorney General William Barr said in a statement. “Competition in this industry is vitally important, which is why today’s challenge against Google — the gatekeeper of the Internet — for violating antitrust laws is a monumental case both for the Department of Justice and for the American people.”
“Over the course of the last 16 months, the Antitrust Division collected convincing evidence that Google no longer competes only on the merits but instead uses its monopoly power – and billions in monopoly profits – to lock up key pathways
CNBC’s Jim Cramer said Tuesday that Alphabet would go from a “buy to a strong buy” if the government’s antitrust lawsuit against its Google unit were to lead to a break up.
“I just think it’s another ‘loser case’ by the government. And by the way, the sum of the parts is worth far more than $1,500,” Cramer said on “Squawk Box.”
The “Mad Money” host said he believes the Department of Justice is likely to struggle to prove its case that Google abused its market power in its search and advertising business.
Cramer said Alphabet shareholders would be winners if the government were to force Google’s parent to split up.
“I’ve been saying over and over again, they ought to break this company up and bring out value. It’s the DOJ taking it from buy to strong buy,” he said. “Ultimately, Google, if they break it up, then you
Attorney General William Bar has filed suit against Google for illegal monopolization of the search and ad markets, kicking off one of the largest antitrust cases in US history. The Wall Street Journal is reporting that the case will focus on search and search-focused advertising, rather than the company’s broader targeted ad business.
According to the Journal’s sources, the Justice department will allege that Google “is maintaining its status as gatekeeper to the internet through an unlawful web of exclusionary and interlocking business agreements that shut out competitors.”
Deputy Attorney General Jeffrey A. Rosen has announced a briefing later this morning, which is likely to provide more details on the case.
The case is one of the most ambitious antitrust actions ever undertaken against a tech company, drawing together parallel investigations from the Department of Justice and a range of state attorneys general. The Department of Justice briefed state
Apple is removing an app that allowed iPhone users to play Google Stadia streaming games in a specially designed web browser, according to the software’s developer.
Zachary Knox in September launched Stadium, an iOS web browser that effectively bypasses App Store restrictions on cloud-based gaming services to provide support for Stadia on iPhone. He was able to create the workaround, complete with controller integration, with a bit of clever WebKit engineering.
On Monday, Knox said Stadium is being pulled from the App Store because Apple “didn’t like” the results.
“I was extending WebKit’ by hooking it into the native GameController framework and thus Bluetooth controllers, which they didn’t like,” Knox said in a tweet.
The app was downloaded nearly 15,000 times over the past three weeks.
Stadium is still available on the App Store as of this writing. After downloading the app, users can set the
The Chinese group that Google is referring to as APT 31 (short for Advanced Persistent Threat) used email links from where users would download malware.
Google has unearthed a massive malware campaign allegedly run by hackers linked to the Chinese government. In a blog post, Google has shared the modus operandi of the campaign. As per Google, the hackers were running the campaign under the guise of McAfee antivirus software. The hackers seem to be the same group that targeted the presidential campaign of former Vice President Joe Biden with a phishing attack earlier this year.
Apart from this, the company noted that a similar group of Iran based hackers had tried to target President Trump’s campaign. Both of the attempts remained unsuccessful.
“The Iranian attacker group (APT35) and the Chinese attacker group (APT31) targeted campaign staffers’ personal emails with credential phishing emails and emails containing tracking links. As part
There’s quite a lot of opportunities to unpack in Google’s new program, so MENA entrepreneurs, don’t miss out!
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Giving a boost to MENA’s entrepreneurial ecosystem, Google has debuted a new initiative to help startups and SMEs recover from the repercussions brought on by the global pandemic. The Grow Stronger with Google program is designed to boost MENA’s economic recovery through digital transformation to support local businesses and job seekers by focusing on three main pillars: digital skills training and mentorship, digitizing businesses, and providing access to capital.
The tech giant will offer digital marketing training sessions in partnership with local organizations and entities. This includes the Ministry of Youth and Sports, and the Egyptian Tourism Federation in Egypt, the
Portrait Coffee is one of 35 Atlanta businesses to be funded by a Google program
Aaron Fender, one of the founders of an Atlanta-based, Black-owned coffee company, will be receiving $50,000 from Google out of it’s $2.35 million funding for Black businesses, The Atlanta Journal-Constituent reported.
Portrait Coffee is Fender’s company and it’s one of the 35 Black Georgian tech businesses to be funded by the Google for Startups program.
Read More: Black-owned tech company awarded patent on kiosk
Launched by Google in 2011, Google for Startups partners with local startup communities, but in June they created the Black Founders Fund to help Black businesses and entrepreneurs as part of its commitment to racial equality.
Portrait Coffee is a brick-and-mortar store on the West End of Atlanta that was launched in December, before coronavirus reached the U.S.
“We are committed to helping Black founders who have been deeply impacted