Brought to you by:
Top stories today:
- Google faces DOJ push for breakups, data sharing
- FTC sues Uber over shady subscription charges
- Airbnb to show full price of stays under new FTC rule
- Instagram ramping up AI to detect teens lying about their age
- Traders unmoved as market slips under radar
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Google faces DOJ push for breakups, data sharing
Representational image generated using OpenAIās ChatGPT.
āWeāre here to restore competition to these markets,ā DOJ lawyer David Dahlquist said on Mon.
The governmentās proposal to divest Chrome was questioned by Judge Amit Mehta.
Whether divestiture met the higher ācausationā standard for a structural remedy over a behavioral one, the judge asked.
Provisions requiring Google to share technical data with competitors have also been demanded by the DOJ.
Google should divest Android if the search market doesnāt change in 5 years, the government said.
The proposed remedies are āextremeā and āfundamentally flawed,ā a Google lawyer said.
Paid Samsung āenormous sum of moneyā every month to preinstall the Gemini AI app, Google VP Peter Fitzgerald told Mehta.
Aug.: Mehta called Google a āmonopolist.ā
Separately, Google has settled an Android TV antitrust case in India by paying $2.4M.
Hair today, gone tomorrow? Not anymore!
Hims offers access to a range of products to help stop hair loss and regrow hair
Doctor-trusted ingredients in a range of formats to fit your routine
Personalized by medical providers to fit your needs
100% online process
Dermatologist-recommended prescription ingredients
Not for you? Forward this to a friend whose hairline is waving goodbye.
*Sponsored
