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Category Technology

US Court Rules Against Google in Landmark Antitrust Case, Following EU Precedent

Yesterday, August 5, 2024, a US federal judge delivered a significant judgement against Google, ruling that the tech giant engaged in anti-competitive practices to maintain its dominance in online search. This landmark antitrust case, brought by the Department of Justice (DOJ) on October 20, 2020, follows a trend of increased scrutiny of tech giants worldwide, with the European Union (EU) often leading the way in regulatory actions.

OpenAI’s SearchGPT: Announcement of Potential Disruptor Sends Alphabet’s Stock Plunging to a New 52-Week Low

The news of SearchGPT's development sent shockwaves through the financial markets, with Alphabet's stock plunging to a new 52-week low of $167.32 as of Thursday's market close. Investors are apprehensive about the potential threat SearchGPT poses to Google's core search business and advertising revenue, which constitutes a significant portion of Alphabet's overall earnings.

The CrowdStrike Outage: A Warning for Tech Sector Monopolies and Growing Businesses

The recent outage experienced by CrowdStrike, a leading cybersecurity firm, has raised significant concerns about the vulnerabilities that arise when a single entity holds excessive control over a critical market. This incident serves as a stark reminder of the potential consequences of monopolization in the tech sector, not only for consumers but also for other businesses operating in the same space.
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