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Alphabet settles with shareholders over Google antitrust lawsuit

Google is still waiting to hear how it will have to address its monopoly in the search engine business — it plans to appeal the judgement — but in the meantime, it also has to answer to its shareholders. According to a report from The Financial Times, Google's parent company Alphabet has reached a preliminary settlement with shareholders who were also suing the company for allowing Google's anticompetitive behavior, which they believe exposed the company to "reputational damage" and "substantial costs."<br /> The new settlement will reportedly force Alphabet to rebuild its "global compliance structure" and will cost the company a minimum of $500 million over the next 10 years to make it happen. At its most basic, this means establishing so [...]

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Alphabet will pay $22 million to settle President Trump’s YouTube lawsuit

Alphabet will pay President Donald Trump $22 million as part of a settlement in a class action lawsuit brought against the company over the suspension of various YouTube accounts following the January [...]

Match Score: 71.59

Destination
House Republicans subpoena Google over alleged censorship

Google is once again in the crosshairs of Republicans in Congress because of alleged censorship, Bloomberg writes. The House Judiciary Committee has subpoenaed Google's parent company Alphabet an [...]

Match Score: 67.13

Destination
Paramount won't quit, files suit against Warner Bros. Discovery over rejected bid

Paramount Skydance just does not want to take no for an answer. After having multiple bids to acquire Warner Bros. Discovery (WBD) rejected, including a recent hostile bid that the WBD board recommend [...]

Match Score: 62.17

Destination
Judge rules Apple must face antitrust lawsuit brought by the US DOJ

The US Department of Justice's antitrust lawsuit against Apple will progress. US District Judge Julien Neals of New Jersey denied the tech company's motion to dismiss the lawsuit brought ove [...]

Match Score: 61.23

Destination
Apple says DOJ's antitrust lawsuit would 'reduce consumer choice'

Apple has submitted its official response to the antitrust lawsuit the Justice Department filed against it last year, which accused the company of having smartphone monopoly and criticized its "w [...]

Match Score: 56.57

Destination
Sony faces a $2.7 billion antitrust lawsuit in the UK

Another major antitrust lawsuit has launched in the UK. This time its against Sony, which could be on the hook for almost £2 billion ($2.7 billion) for overcharging PlayStation users. <br /> A [...]

Match Score: 55.71

Destination
Google and Epic Games reach settlement for antitrust lawsuit

Google and Epic Games have reached a settlement that would bring their years-long court battle to a close. The companies have filed a proposal in the federal court of San Francisco, asking US District [...]

Match Score: 55.43

Destination
Apple, Mastercard and Visa's antitrust lawsuit over payments has been dismissed

Apple, Mastercard and Visa have successfully dodged a lawsuit that claimed the companies were colluding to maintain the current status quo in point-of-sale-payment card services, Reuters reports. The [...]

Match Score: 53.02

Destination
TikTok settles to avoid major social media addiction lawsuit

TikTok has reached a settlement in a closely-watched lawsuit over social media addiction, narrowly avoiding a trial that's scheduled to begin jury selection Tuesday. Terms of the deal, which was [...]

Match Score: 52.39