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The government just walloped Google. That's good business. - The Economic Times

Economic Times

Economic Times · 23d ago

The government just walloped Google. That's good business. - The Economic Times

A recent ruling against Google highlights a return to U.S. antitrust actions to limit monopolies and promote innovation by curbing dominance like in the past. Historically, Silicon Valley's success owes much to government interventions, which supported tech industry growth by creating competition. The decision against Google aims to foster future tech advancements by ensuring market space for new innovators, maintaining that thriving free markets often require strong governmental roles to regulate and manage large corporations.

Related News

ETtech Explainer: X, Centre at loggerheads over social media misuse - The Economic Times

Economic Times

Economic Times · 2m ago

ETtech Explainer: X, Centre at loggerheads over social media misuse - The Economic Times

The Indian government and Elon Musk's platform X are in a legal dispute over content-blocking orders, with X claiming these orders harm its business and violate free speech. The government argues for accountability to curb harmful content. The case questions the Information Technology Act's provisions regarding content removal and intermediary "safe harbour." The dispute impacts how social media moderates content in India, potentially leading to revised regulations affecting all platforms, not just X.

Coursera names Ashutosh Gupta as managing director for India and Asia Pacific - The Economic Times

Economic Times

Economic Times · 2m ago

Coursera names Ashutosh Gupta as managing director for India and Asia Pacific - The Economic Times

Coursera appointed Ashutosh Gupta as Managing Director for India and Asia Pacific. Gupta will oversee Coursera's enterprise operations, collaborating with businesses, educational institutions, and government bodies to equip students and professionals with digital economy skills. With over 20 years of experience, including roles at LinkedIn and Google, Gupta's expertise in public-private partnerships and regional business scaling will aid Coursera in preparing communities for an AI-driven future, as per the company’s statement.

Silicon saga: From CPU to XPU, challengers chip in - The Economic Times

Economic Times

Economic Times · 3d ago

Silicon saga: From CPU to XPU, challengers chip in - The Economic Times

Nvidia controls 80% of the AI chip market, but tech giants like Google, OpenAI, Tesla, and Amazon are building custom XPUs to reduce reliance. Analysts say Nvidia’s true moat lies in CUDA software, not just GPUs. With AI chip revenues projected up to $1 trillion by 2030, customisation is becoming essential for scale and efficiency.

Google ad tech sale offer fell far short of breakup DOJ seeks - The Economic Times

Economic Times

Economic Times · 11d ago

Google ad tech sale offer fell far short of breakup DOJ seeks - The Economic Times

Google considered selling parts of its ad tech business in response to antitrust concerns in Europe and the US. However, the Justice Department's proposal demands a more extensive divestiture, specifically the full separation and sale of Google’s ad exchange, AdX. A hearing is set to determine if Google must sell parts of its business to address its monopoly in advertising technology markets. Meanwhile, Google's earlier settlement offer included creating a separate company under Alphabet.

US defense department awards contracts to Google, Musk's xAI - The Economic Times

Economic Times

Economic Times · 2m ago

US defense department awards contracts to Google, Musk's xAI - The Economic Times

The U.S. Department of Defense awarded contracts worth up to $200 million each to OpenAI, Google, Anthropic, and Elon Musk's xAI. These contracts aim to develop advanced AI capabilities to tackle national security challenges. The initiative, driven by a White House order, highlights AI's transformative impact on military operations. The contracts, including xAI's "Grok for Government" products, enhance AI use across federal agencies, addressing concerns about competitive AI contracting in government operations.

Google readies EU offer after $3.5 billion fine, skips full split - The Economic Times

Economic Times

Economic Times · 7d ago

Google readies EU offer after $3.5 billion fine, skips full split - The Economic Times

Google plans to meet the EU's deadline to propose changes to its advertising technology business following a €3 billion fine, without a full breakup of its Ad Manager, which includes AdX exchange and DoubleClick for Publishers. Despite pressure for divestment to ensure fair competition, Google opposes selling parts of its ad tech. This comes amid heightened antitrust scrutiny in both Europe and the U.S., where Google also faces legal challenges.

Musk's xAI to provide Grok chatbot to US federal agencies - The Economic Times

Economic Times

Economic Times · 1d ago

Musk's xAI to provide Grok chatbot to US federal agencies - The Economic Times

The contract underscores Washington's push to expand the use of AI in government operations, while intensifying competition among leading developers of the booming technology for federal business.

Let's firm up for India's fab four - The Economic Times

Economic Times

Economic Times · 3m ago

Let's firm up for India's fab four - The Economic Times

India is considering reforms to strengthen its CA firms, allowing them to compete globally by addressing regulatory challenges. A government committee is exploring ways to increase cross-functional capacity, capital access, and branding. Reforms could include allowing multidisciplinary partnerships and enabling brand identity expansion. Such changes aim to create globally competitive Indian CA firms, potentially establishing them as part of a new global 'Big 8'. The efforts focus on equity, not just equality, in professional services.

Google to discount cloud computing services for US government: FT report - The Economic Times

Economic Times

Economic Times · 2m ago

Google to discount cloud computing services for US government: FT report - The Economic Times

Google is set to offer significant discounts on its cloud computing services to the U.S. government, as part of efforts to reduce federal spending. Similar discounts are expected from Microsoft's Azure and Amazon Web Services, indicating tech companies' support for government efficiency. This deal aligns with President Trump's cost-cutting measures, following Oracle's recent offerings. The agreement aims to generate cost savings and reflects cooperation from major cloud service providers to enhance federal operations.

Google set to face modest EU antitrust fine in adtech investigation, sources say - The Economic Times

Economic Times

Economic Times · 27d ago

Google set to face modest EU antitrust fine in adtech investigation, sources say - The Economic Times

Google is expected to face an EU antitrust fine for alleged anti-competitive practices in its adtech sector, triggered by a European Publishers Council complaint. The EU’s four-year investigation concluded Google favored its advertising services over competitors. Although not as hefty as previous fines, this illustrates new EU antitrust chief Teresa Ribera’s shift from punitive to corrective measures. Google disputes the charges and won’t be compelled to divest parts of its adtech business.

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