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Google parent Alphabet (GOOG 0.27%) (GOOGL 0.22%) faced a frightening challenge after its search engine business was declared an illegal monopoly last August. Since then, investor concern over the potential consequences dampened Alphabet stock's performance.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Alphabet's Google on Friday failed to persuade a U.S. appeals court to further freeze an order forcing it to make sweeping reforms to its app store Play while it challenges the decision in a lawsuit by "Fortnite" video game maker Epic Games.
The US FTC is investigating whether Amazon and Google misled advertisers about the terms and pricing for ads on their websites. Bloomberg's Mike Shepard joins Caroline Hyde on "Bloomberg Tech.
The CEO of the largest digital and print publisher in the U.S. has accused Google of being a bad actor for crawling its websites to support the search giant's AI products.
Google and Amazon reportedly face a Federal Trade Commission probe over whether they are misleading advertisers who buy ads on their websites.
Whether you love it or hate it, it's increasingly looking like artificial intelligence (AI) is a major technological shift that will have huge implications for our economy over the long term. Investors can no longer ignore this trend.
Amazon.com Inc (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOG)'s Google have become the subject of a probe launched by the US Federal Trade Commission (FTC) into whether both companies misled those who place advertisements on their websites, Bloomberg reported on Friday. The probe is being conducted by the FTC's consumer protection unit, with focus on whether both the companies properly disclosed the terms and pricing for advertisements.
MSFT, GOOGL, IBM and ANET are indispensable cloud stocks for any investment portfolio.
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