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Google Chrome Worth ‘Upwards of $50 Billion,’ Browser Rival Says
Google’s Chrome web browser could be sold for as much as $50 billion (roughly Rs. 4,26,756 crore), estimates CEO of rival search engine, DuckDuckGo. Weinberg, who said the estimate was “back-of-the-envelope” math based on Chrome’s user base, testified as part of a three-week hearing in the DOJ’s case against Alphabet’s Google to determi...
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Google Could Use AI to Extend Search Monopoly, DOJ Says as Trial Begins
The Justice Department is seeking an order that would require Google to sell its Chrome browser and take other measures to end what a judge found was its monopoly in online search. Prosecutors have compared the lawsuit to past cases that resulted in the break up of AT&T and Standard Oil.
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Google to Appeal Against Part of US Court's Decision in Monopoly Case
Alphabet's Google plans to appeal against the "adverse" portion of the court decision in DoJ's monopoly case. On Thursday U.S. District Judge Leonie Brinkema found Google liable for "willfully acquiring and maintaining monopoly power" in markets for publisher ad servers and ad exchanges.
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US Department of Justice Reportedly Shuts National Cryptocurrency Enforcement Team
The US DoJ has reportedly disbanded the "National Cryptocurrency Enforcement Team". The members of the unit were informed about the development through an internal memo. The NCET included prosecutors with backgrounds in cryptocurrency, cybercrime, money laundering, and forfeiture.
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US Drops Bid to Make Google Sell Anthropic Investments in Antitrust Case
The US DoJ dropped a proposal to force Alphabet's Google to sell its investments in AI firms. Google holds a minority stake worth billions of dollars in Anthropic. Losing the investment would hand a competitive advantage to OpenAI and its partner Microsoft, Anthropic wrote to the court in February.
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Google Urges DOJ to Reverse Course on Breaking Up Company
Representatives for the Alphabet unit asked the government in a meeting last week to take a less aggressive stance as the US looks to end what a judge ruled to be an illegal online search monopoly, said the people, who asked not to be identified discussing the private deliberations.
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OKX Admits to Unlicensed Operations, Agrees to $505 Million Settlement with US DoJ
The OKX crypto exchange has pleaded guilty to operating an unlicensed money transmission business in the US. As part of the settlement, its parent company, Aux Cayes FinTech, paid an $84 million (roughly Rs. 731 crore) penalty and forfeited $421 million (roughly Rs. 3,667 crore) in fees, primarily collected from a few institutional clients.
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US Justice Department Move Against Gautam Adani A "Strategic Blunder": Report
The US Department of Justice's (DoJ) indictment of Indian billionaire Gautam Adani is a strategic blunder with severe geopolitical consequences, leading American publication Forbes has said.
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Apple Seeks to Defend Google's Billion-Dollar Payments in Search Case
Apple wants to call witnesses to testify at an April trial. Prosecutors will seek to show Google must take several measures, including selling its Chrome Web browser and potentially its Android operating system, to restore competition in online search.
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US Indictment Of Adani Group "Complete American Overreach": Norway Diplomat Erik Solheim
The US Department of Justice (DoJ) indictment of Adani Group officials is nothing but a "complete American overreach," and the conglomerate will come back stronger once this is over, Erik Solheim, former Minister of Environment of Norway said.
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US Department's Move Against Adani Frivolous, Trump's Return Set To Fix It: Mark Mobius
The DoJ and the US Securities and Exchange Commission (SEC) recently filed an indictment and a civil complaint in the New York District Court against the top Adani Group officials.
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Biden's U-Turn On Son Raises Questions About US Justice Department, Action Against Adani Group
US President Joe Biden's latest move has revived allegations raised by Donald Trump of the US Department of Justice being manipulated by political powerhouses.
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Google Must Sell Chrome to Restore Competition in Online Search, DOJ Argues
Alphabet's Google must sell its Chrome browser, share data and search results with rivals and take other measures - including possibly selling Android - to end its monopoly on online search, prosecutors argued to a judge on Wednesday.
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Apple to Urge Judge to End US Smartphone Monopoly Case
Apple has moved to dismiss the case, saying its limitations on developers' access to its technology were reasonable, and that forcing it to share technology with competitors would chill innovation.
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Google May Be Forced To Sell Its Chrome Browser. Here's Why
The US Department of Justice (DoJ) reportedly wants the court to order Alphabet Inc. to sell off the Chrome browser to dismantle the monopoly Google has over the internet search market and related advertising.
-
Google Chrome Worth ‘Upwards of $50 Billion,’ Browser Rival Says
Google’s Chrome web browser could be sold for as much as $50 billion (roughly Rs. 4,26,756 crore), estimates CEO of rival search engine, DuckDuckGo. Weinberg, who said the estimate was “back-of-the-envelope” math based on Chrome’s user base, testified as part of a three-week hearing in the DOJ’s case against Alphabet’s Google to determi...
-
Google Could Use AI to Extend Search Monopoly, DOJ Says as Trial Begins
The Justice Department is seeking an order that would require Google to sell its Chrome browser and take other measures to end what a judge found was its monopoly in online search. Prosecutors have compared the lawsuit to past cases that resulted in the break up of AT&T and Standard Oil.
-
Google to Appeal Against Part of US Court's Decision in Monopoly Case
Alphabet's Google plans to appeal against the "adverse" portion of the court decision in DoJ's monopoly case. On Thursday U.S. District Judge Leonie Brinkema found Google liable for "willfully acquiring and maintaining monopoly power" in markets for publisher ad servers and ad exchanges.
-
US Department of Justice Reportedly Shuts National Cryptocurrency Enforcement Team
The US DoJ has reportedly disbanded the "National Cryptocurrency Enforcement Team". The members of the unit were informed about the development through an internal memo. The NCET included prosecutors with backgrounds in cryptocurrency, cybercrime, money laundering, and forfeiture.
-
US Drops Bid to Make Google Sell Anthropic Investments in Antitrust Case
The US DoJ dropped a proposal to force Alphabet's Google to sell its investments in AI firms. Google holds a minority stake worth billions of dollars in Anthropic. Losing the investment would hand a competitive advantage to OpenAI and its partner Microsoft, Anthropic wrote to the court in February.
-
Google Urges DOJ to Reverse Course on Breaking Up Company
Representatives for the Alphabet unit asked the government in a meeting last week to take a less aggressive stance as the US looks to end what a judge ruled to be an illegal online search monopoly, said the people, who asked not to be identified discussing the private deliberations.
-
OKX Admits to Unlicensed Operations, Agrees to $505 Million Settlement with US DoJ
The OKX crypto exchange has pleaded guilty to operating an unlicensed money transmission business in the US. As part of the settlement, its parent company, Aux Cayes FinTech, paid an $84 million (roughly Rs. 731 crore) penalty and forfeited $421 million (roughly Rs. 3,667 crore) in fees, primarily collected from a few institutional clients.
-
US Justice Department Move Against Gautam Adani A "Strategic Blunder": Report
The US Department of Justice's (DoJ) indictment of Indian billionaire Gautam Adani is a strategic blunder with severe geopolitical consequences, leading American publication Forbes has said.
-
Apple Seeks to Defend Google's Billion-Dollar Payments in Search Case
Apple wants to call witnesses to testify at an April trial. Prosecutors will seek to show Google must take several measures, including selling its Chrome Web browser and potentially its Android operating system, to restore competition in online search.
-
US Indictment Of Adani Group "Complete American Overreach": Norway Diplomat Erik Solheim
The US Department of Justice (DoJ) indictment of Adani Group officials is nothing but a "complete American overreach," and the conglomerate will come back stronger once this is over, Erik Solheim, former Minister of Environment of Norway said.
-
US Department's Move Against Adani Frivolous, Trump's Return Set To Fix It: Mark Mobius
The DoJ and the US Securities and Exchange Commission (SEC) recently filed an indictment and a civil complaint in the New York District Court against the top Adani Group officials.
-
Biden's U-Turn On Son Raises Questions About US Justice Department, Action Against Adani Group
US President Joe Biden's latest move has revived allegations raised by Donald Trump of the US Department of Justice being manipulated by political powerhouses.
-
Google Must Sell Chrome to Restore Competition in Online Search, DOJ Argues
Alphabet's Google must sell its Chrome browser, share data and search results with rivals and take other measures - including possibly selling Android - to end its monopoly on online search, prosecutors argued to a judge on Wednesday.
-
Apple to Urge Judge to End US Smartphone Monopoly Case
Apple has moved to dismiss the case, saying its limitations on developers' access to its technology were reasonable, and that forcing it to share technology with competitors would chill innovation.
-
Google May Be Forced To Sell Its Chrome Browser. Here's Why
The US Department of Justice (DoJ) reportedly wants the court to order Alphabet Inc. to sell off the Chrome browser to dismantle the monopoly Google has over the internet search market and related advertising.
