A growing number of Wall Street analysts have issued warnings of a possible breakup of Google as the Big Tech giant struggles to fend off a pair of major federal antitrust lawsuits that could destroy its business model. The Justice Department is seeking a forced sale of Google’s digital advertising business in an antitrust case … Read more
Justice Department lawyers took aim at Google’s alleged monopoly over the digital advertising market on Monday in an antitrust case that poses a major threat to the Big Tech giant’s business model. Opening arguments in the closely watched trial began in a Virginia courtroom and drew a massive crowd of onlookers. U.S. District Judge Leonie … Read more
Google lost its bid to escape a $2.7 billion fine imposed by European Union regulators for illegally throttling rival online shopping services on Tuesday – the latest in a series of legal setbacks for the tech giant. The European Commission first imposed the fine in 2017 after determining that Google had broken the law by … Read more
News Corp considered exiting Google’s ad products in 2017 — but decided against it after deciding it would cost the company at least $9 million in lost revenue, a former executive at The Post publisher testified Tuesday. . Google maintained a stranglehold on digital advertising despite offering tools that were “slow and slow” and ignoring … Read more
A Google executive boasted to colleagues that the goal for the company’s fledgling online advertising business in 2009 was to “crush” rivals in the digital ad market, according to evidence presented Wednesday in the federal antitrust trial targeting the tech titan . The Justice Department highlighted remarks made by David Rosenblatt, Google’s former president of … Read more