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Ex-Google executive said goal was to 'crush' competition, trial evidence shows

Economic Times

Economic Times · 11m ago

Ex-Google executive said goal was to 'crush' competition, trial evidence shows

During the antitrust trial against Google, prosecutors presented evidence that a Google executive, David Rosenblatt, expressed the goal of crushing rival advertising networks in 2009. The statements support the US Justice Department's claims that Google sought to monopolize markets for ad networks and exchanges. Rosenblatt discussed the advantages of owning technology on both sides and in the middle of the market, comparing it to the power of the New York Stock Exchange. Google denies the allegations and argues it faces competition from other digital advertising companies. If found guilty, Google could potentially be required to sell off its Google Ad Manager platform.

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Google stopped Samsung from expanding search app offering: ex-executive Patrick Chang

Economic Times

Economic Times · 1y ago

Google stopped Samsung from expanding search app offering: ex-executive Patrick Chang

In a landmark antitrust trial against Google, former Samsung executive Patrick Chang testified that Google put pressure on Samsung to prevent the expansion of mobile app developer Branch Metrics' software offering on Samsung smartphones. This was allegedly due to Google's dominance in the search market. The trial aims to demonstrate that Google abused its monopoly in search and search advertising.

Google didn’t rush Bard chatbot to beat Microsoft, executive says

Economic Times

Economic Times · 1y ago

Google didn’t rush Bard chatbot to beat Microsoft, executive says

A Google executive testified in the Justice Department's antitrust trial, denying claims that the company rushed to release its AI chatbot, Bard, to compete with Microsoft. While acknowledging that Bard gave a wrong answer during its unveiling, the executive stated that it was not released hastily after Microsoft's announcement. The executive emphasized the nascent nature of the technology, which still makes mistakes. The trial aims to demonstrate how Google maintains its search monopoly and intentionally delays potential threats to its dominance.

What comes next in Google's antitrust case over search?

Economic Times

Economic Times · 10m ago

What comes next in Google's antitrust case over search?

- Oct. 20, 2020: Justice Department sues Google for alleged illegal monopoly in online search and advertising markets. - Sept. 12, 2023: Google defends its practices at trial, claiming market share was gained by providing high-quality service. - Nov. 16, 2023: Trial's evidence phase concludes with Google CEO Sundar Pichai's testimony on the significance of making Google search the default. - May 2-3, 2024: Closing arguments presented, focusing on competition and potential alternatives to Google search advertising. - Aug. 5, 2024: Judge Amit Mehta finds Google guilty of violating antitrust law, citing lack of true competitors. - Oct. 8, 2024: Prosecutors file proposed framework for potential remedies in the case.

Google loses appeal over app store reforms in Epic Games case - The Economic Times

Economic Times

Economic Times · 29d ago

Google loses appeal over app store reforms in Epic Games case - The Economic Times

In a US appeals case, Google failed to overturn a ruling requiring changes to its Play Store operations due to antitrust claims by Epic Games, which accused Google of monopolistic practices. The 9th US Circuit Court upheld a jury's decision favoring Epic, emphasizing fair competition. Epic argued Google's conduct harmed the Android app market, while Google claimed the trial process was flawed. The decision could affect competition dynamics between Google and rival platforms.

This Exec Is Forcing Google Into Its First Trial Over Sexist Pay Discrimination

Wired · 1y ago

This Exec Is Forcing Google Into Its First Trial Over Sexist Pay Discrimination

A pay discrimination trial against Google is set to begin in New York this week. Ulku Rowe, an executive at Google's cloud unit, alleges that she was hired at a lower level and salary than equally or less qualified men. She also claims that Google retaliated against her when she complained. This trial will provide a rare insight into how pay and promotion decisions are made within the tech giant. Pay equity data remains scarce even after the widespread walkout by Google employees in 2018.

Google's secret deal allowed Spotify to bypass Play Store fees

Livemint

Livemint · 1y ago

Google's secret deal allowed Spotify to bypass Play Store fees

Music streaming giant Spotify pays Google a zero percent commission when users purchase its subscription through its own payment system on Android, according to a Google executive testifying in the ongoing Epic vs. Google antitrust trial. Google usually charges a 15% commission for in-app subscriptions, but that drops to 4% if app makers use the User Choice Billing program instead of Google's payment processing. Google fought to keep the Spotify deal private, arguing it could impact negotiations with other app developers. The trial centers around Epic Games' allegations of anti-competitive behavior by Google.

Google paid $26 billion to be default search engine in 2021

Economic Times

Economic Times · 1y ago

Google paid $26 billion to be default search engine in 2021

According to a top executive at Google, the company paid $26.3 billion in 2021 to ensure its search engine was the default on web browsers and mobile phones. This is a significant increase compared to 2014. Google's revenue from search advertising was $146.4 billion in 2021, making the payments for the default setting its largest expense. Google has defended these agreements as legal and necessary to stay competitive in the market. The details were revealed during the Justice Department's antitrust trial, despite Google's objections.

Meta asks judge to rule that FTC failed to prove its monopoly case

Economic Times

Economic Times · 3m ago

Meta asks judge to rule that FTC failed to prove its monopoly case

Meta Platforms has requested a federal judge to dismiss the FTC's allegation of an illegal social media monopoly, stating the agency failed to substantiate its case during the ongoing antitrust trial in Washington. The FTC claims Meta, formerly Facebook, used acquisitions of Instagram and WhatsApp to stifle competition. Meta argues the FTC hasn't proven this, presenting evidence that these platforms didn't hinder competition. If the judge agrees, it could expedite the case's resolution.

Nvidia faces trial over engineer’s ‘stolen’ code oops moment - The Economic Times

Economic Times

Economic Times · 1h ago

Nvidia faces trial over engineer’s ‘stolen’ code oops moment - The Economic Times

Nvidia faces trial over allegations of using stolen autonomous driving trade secrets from Valeo, a European automotive firm. An ex-Valeo engineer allegedly shared the data with Nvidia, recognized during a video conference. Although Nvidia denies using the information and has fired the engineer, the California court found enough circumstantial evidence for a jury trial. The trial arises after Valeo lost a similar case in Germany, where the engineer was convicted of infringing business secrets.

Was unsure of investing in Ola, CEO Son lives in future: Ex-Softbank exec

Inshorts · 11m ago

Was unsure of investing in Ola, CEO Son lives in future: Ex-Softbank exec

Former Softbank executive Alok Sama said he was unsure about the group's investment in Ola in 2014, but billionaire CEO Masayoshi Son "had higher order of thinking". "Son lives in the future and in the future world, nobody owns cars...[Then] what would be the margins for a company like Ola?" he said. SoftBank valued Ola at $400 million in 2014.

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