DOJ

A poll of Benzinga readers found that they don't believe Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) should be broken up. This comes as the Department of Justice (DOJ) suggested divesting the Chrome browser to break a search monopoly. What Happened: Google parent Alphabet has long been a target of...

Deepwater Asset Management's managing partner Gene Munster has weighed in on the implications of Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google’s regulatory challenges, including the potential divestment of the Chrome browser. What Happened: On Thursday, in an interview with CNBC,...

Perplexity AI CEO Aravind Srinivas has jumped into the Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) Google antitrust conversation by asking his followers on X if his AI startup should acquire the Google Chrome browser. This comes amid the U.S. Department of Justice’s push to break up Google...

Editor’s Note: This story has been updated to include a response from a Google spokesperson. The U.S. Department of Justice is reportedly preparing to request a court order that would force Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to divest its Chrome browser. What Happened:...

As Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) inches closer to the Department of Justice's final proposed remedies on Nov. 20, the stakes couldn’t be higher. While JPMorgan analyst Doug Anmuth sees potential headline risk, he believes this could also bring clarity, setting the stage for...

An Ohio-based operator of the darknet cryptocurrency mixer has been sentenced to a three-year prison term after being found guilty of laundering over $300 million in Bitcoin (CRYPTO: BTC). What Happened: According to the U.S. Department of Justice, 41-year-old Larry Dean Harmon was the brains...

U.S. Rep. Matt Gaetz (R-Fla.) was picked Wednesday as nominee for attorney general under Donald Trump, the latest cabinet announcement in the wake of the 2024 presidential election. What Happened: Trump announced Wednesday that he selected Gaetz as his nominee for attorney general with a post on...

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai avoided detailing the company’s contingency plans if its search partnership with Apple Inc. (NASDAQ:AAPL) ends. However, he cautioned that the Department of Justice’s proposals could lead to “unintended consequences....

The U.S. Justice Department's Antitrust Division and the Department of Transportation announced on Thursday they have opened a broad public inquiry into the state of competition in air travel on topics including previous airline mergers, aircraft manufacturing, airline ticket sales, pricing and...

The U.S. Department of Justice (DOJ) announced Monday afternoon that it’s going after a group of companies for alleged racial discrimination in mortgage refinancing applications. What To Know: The DOJ filed a lawsuit against Rocket Companies Inc.’s (NYSE:RKT) Rocket Mortgage; as well as...

Alphabet, Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google could "very likely" be banned from paying Apple, Inc. (NASDAQ:AAPL) to be the default search engine on iPhones, according to analysts at Jeffries.  The Details: Judge Amit Mehta ruled in August that Google has an illegal monopoly over online...

Gary Black, managing partner at Future Fund LLC, has highlighted what he sees as an attractive valuation for Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), despite the company facing increased scrutiny from the U.S. Department of Justice. What Happened: In a recent post on X (formerly Twitter), Black...

The U.S. Department of Justice on Monday raised objections to bankrupt EV maker Fisker‘s liquidation plan on behalf of the auto safety regulator National Highway Traffic Safety Administration (NHTSA), noting that automakers cannot charge customers for repairs of safety-related issues...

JP Morgan analyst Doug Anmuth expects negative headlines for Google's parent-company Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) when the Department of Justice (DOJ) proposes a broad and punitive set of potential remedies against the company this week. The Details: The DOJ is expected to file a...

The U.S. Justice Department and the SEC have backed the class action lawsuit against AI chip giant Nvidia Corp. (NASDAQ:NVDA) in the Supreme Court, which accused Nvidia of hiding its cryptocurrency revenue. What Happened: The DOJ and SEC are advocating for the continuation of the lawsuit, which was...