Alphabet's Stock Drops as Feds Push for Chrome Sale

Shares of Alphabet Inc. dropped 5.4% after the U.S. Department of Justice proposed a breakup of Google's search business, urging the sale of Chrome browser and changes to Android software. The stock's selloff is the biggest in 10 months. Prior to the selloff, the stock had gained 2% since the report of a potential Chrome sale. The outcome of the sale is uncertain, as it is unclear if the incoming Trump administration will continue to push for it. Alphabet's stock has rallied 19.2% year to date.

Latest News

2024-11-22

Why Alphabet stock was sliding today

2024-11-22

The DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock

2024-11-22

Closing Bell | Mixed Performance in US Markets, Alphabet Drops 4.74%, PDD Holdings Plunges 10.64%

User Discussion

Icywinddale

2024-11-22

Now we know why democrats lost the election.

The DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock

DreamZ85

2024-11-22

DOJ is lame. Asking google selling if chrome. Why don't you ask Microsoft to sell off internet explorer, don't use bing as default search engine too. At least chrome installation on Mac n windows require them to download and agree to install what does Microsoft did? Default given?

The DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock

{"i18n":{"language":"en_US"},"financialEventData":{"themeId":"3beaf009d66cc5110543eb5e4fd2574c","name":"Alphabet's Stock Drops as Feds Push for Chrome Sale","description":"Shares of Alphabet Inc. dropped 5.4% after the U.S. Department of Justice proposed a breakup of Google's search business, urging the sale of Chrome browser and changes to Android software. The stock's selloff is the biggest in 10 months. Prior to the selloff, the stock had gained 2% since the report of a potential Chrome sale. The outcome of the sale is uncertain, as it is unclear if the incoming Trump administration will continue to push for it. Alphabet's stock has rallied 19.2% year to date.","image":"https://community-static.tradeup.com/news/1201dcc0482be040348fb8d4f228bb68","type":2,"style":4,"follow":false,"createTime":1732202736078,"userCounts":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":3beaf009d66cc5110543eb5e4fd2574c}&rnconfig={\"headerBarHidden\": true}","subscribe":false,"allowFollow":false,"hasReward":false,"rewardScore":0,"rewardValidDate":0,"rewardEnd":false,"symbols":["GOOG","GOOGL"],"tweetCounts":2,"categoryId":"2929bb7468f5415f853fd96fb35d7c3b","options":[],"votedOptionId":"","totalUserCount":0,"followStatus":false,"themeName":"Alphabet's Stock Drops as Feds Push for Chrome Sale","tweetAmount":2,"imageIsDefault":true},"news":[{"id":92706,"article_id":"2485799424","title":"Why Alphabet stock was sliding today","subtitle":"","subtitle_show":0,"pub_time":1732237020000,"source_id":"motleyfoolau_stock","language":"en","url":"https://www.fool.com.au/2024/11/22/why-alphabet-stock-was-sliding-today-usfeed-2/","is_publish_highlight":0,"symbols_score_info":{"GOOG":1,"GOOGL":1},"rights":null},{"id":92590,"article_id":"2485444956","title":"The DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock","subtitle":"","subtitle_show":0,"pub_time":1732232749300,"source_id":"","language":"en","url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":1,"symbols_score_info":{"AAPL":0.9,"MSFT":0.9},"rights":null},{"id":92492,"article_id":"1138359744","title":"Closing Bell | Mixed Performance in US Markets, Alphabet Drops 4.74%, PDD Holdings Plunges 10.64%","subtitle":"","subtitle_show":0,"pub_time":1732223165715,"source_id":"","language":"en","url":"","is_publish_highlight":0,"symbols_score_info":{".DJI":1,".IXIC":1,".SPX":1},"rights":null},{"id":92426,"article_id":"2485641794","title":"Nvidia and Alphabet Stock Selloffs Weigh on Nasdaq -- WSJ","subtitle":"","subtitle_show":0,"pub_time":1732209060000,"source_id":"dowjones_highlight","language":"en","url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":0,"symbols_score_info":{".IXIC":1,"NDAQ":1,"NQmain":1,"GOOG":1,"GOOGL":1,"NVDA":1,"NVDU":0.6,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDX":0.6,"NVDY":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SNVD.UK":0.6,"SQQQ":0.6,"TQQQ":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"MNQmain":0.6},"rights":null},{"id":92365,"article_id":"2485416011","title":"DOJ Seeks Google Sale Of Chrome In Antitrust Case. Will Trump Make A Difference?","subtitle":"","subtitle_show":0,"pub_time":1732204587000,"source_id":"investor_business_daily_highlight","language":"en","url":"https://www.investors.com/news/technology/google-stock-justice-department-chrome-sale-apple-search-payments/","is_publish_highlight":0,"symbols_score_info":{"AAPL":1,"GOOG":1,"GOOGL":1,"MSFT":1},"rights":null},{"id":92318,"article_id":"2485418733","title":"BUZZ-Alphabet 暴跌 5%；司法部称谷歌必须剥离 Chrome 浏览器","subtitle":"","subtitle_show":0,"pub_time":1732202012000,"source_id":"Reuters_global","language":"zh","url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":0,"symbols_score_info":{"GOOG":1,"GOOGL":1,"AAPL":0.9},"rights":null},{"id":92319,"article_id":"2485418735","title":"BUZZ-Alphabet tumbles 5%; DOJ says Google must divest Chrome","subtitle":"","subtitle_show":0,"pub_time":1732202007000,"source_id":"Reuters_global","language":"en","url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":0,"symbols_score_info":{"GOOG":1,"GOOGL":1,"AAPL":0.9},"rights":null},{"id":92312,"article_id":"2485271418","title":"Alphabet's Stock Heads For Worst Day In 10 Months As Feds Push For Chrome Sale -- MarketWatch","subtitle":"","subtitle_show":0,"pub_time":1732201920000,"source_id":"dowjones_highlight","language":"en","url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":0,"symbols_score_info":{"GOOG":1,"GOOGL":1,"VOO":0.61,"SPY":0.61,"OEF":0.6,"OEX":0.6,"SDS":0.6,"SH":0.6,"SPXU":0.6,"SSO":0.6,"UPRO":0.6,"ESmain":0.6,"IVV":0.6,".SPX":0.6},"rights":null},{"id":92314,"article_id":"2485418161","title":"美股异动 | 被美国司法部要求剥离安卓系统 谷歌(GOOGL.US)跌超4%","subtitle":"","subtitle_show":0,"pub_time":1732201133000,"source_id":"stock_zhitongcaijing","language":"zh","url":"http://www.zhitongcaijing.com/content/detail/1214339.html","is_publish_highlight":0,"symbols_score_info":{"GOOG":1,"GOOGL":1},"rights":null},{"id":92313,"article_id":"1199673272","title":"Stock Track | Alphabet Plunges Over 5% as DOJ Seeks Sale of Google's Chrome Browser to End Search Monopoly","subtitle":"","subtitle_show":0,"pub_time":1732200675792,"source_id":"ai_movement_en","language":"en","url":"","is_publish_highlight":0,"symbols_score_info":{"GOOGL":1},"rights":null},{"id":92317,"article_id":"1165598679","title":"异动解读 | 谷歌盘中大跌5%追因:美国司法部寻求其剥离Chrome浏览器及限制扩张","subtitle":"","subtitle_show":0,"pub_time":1732200672393,"source_id":"ai_movement_cn","language":"zh","url":"","is_publish_highlight":0,"symbols_score_info":{"GOOG":1},"rights":null},{"id":92320,"article_id":"1130539299","title":"Stock Track | Google Stock Plummets as DOJ Seeks Breakup to End Search Monopoly","subtitle":"","subtitle_show":0,"pub_time":1732200670246,"source_id":"ai_movement_en","language":"en","url":"","is_publish_highlight":0,"symbols_score_info":{"GOOG":1},"rights":null},{"id":92315,"article_id":"2485641884","title":"谷歌-A盘中异动 股价大跌5.02%","subtitle":"","subtitle_show":0,"pub_time":1732200516000,"source_id":"tencent","language":"zh","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20241121224838a24b7d7a&s=b","is_publish_highlight":0,"symbols_score_info":{"GOOG":1,"GOOGL":1},"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20241121224838a24b7d7a&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true}},{"id":92316,"article_id":"1181026263","title":"Alphabet Shares Drop About 5% As US Prosecutors Demand Google Divest Chrome to End Search Monopoly","subtitle":"","subtitle_show":0,"pub_time":1732200323100,"source_id":"","language":"en","url":"","is_publish_highlight":1,"symbols_score_info":{"GOOG":1.1,"GOOGL":1.1},"rights":null},{"id":92321,"article_id":"2485498390","title":"反垄断案再度升级，谷歌大跌！剥离Chrome还不够？司法部寻求剥离安卓系统，并限制谷歌AI训练","subtitle":"","subtitle_show":0,"pub_time":1732200136600,"source_id":"wallstreetcn_hot_news","language":"zh","url":"https://wallstreetcn.com/articles/3734869","is_publish_highlight":1,"symbols_score_info":{"GOOG":1},"rights":null}],"views":[],"tweetList":[{"id":373543719842000,"gmtCreate":1732237062466,"gmtModify":1732239466422,"author":{"id":"3574807189087941","authorId":"3574807189087941","name":"Icywinddale","avatar":"https://static.itradeup.com/news/3bd2fbf9d90e26b2f600b2c5d7c54244","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574807189087941","authorIdStr":"3574807189087941"},"themes":[],"htmlText":"Now we know why democrats lost the election.","listText":"Now we know why democrats lost the election.","text":"Now we know why democrats lost the election.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373543719842000","repostId":"2485444956","repostType":4,"repost":{"id":"2485444956","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1732232749,"share":"https://ttm.financial/m/news/2485444956?lang=&edition=fundamental","pubTime":"2024-11-22 07:45","market":"nz","language":"en","title":"The DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2485444956","media":"Dow Jones","summary":"The U.S. Department of Justice has aggressively pursued Google as a monopolist in recent years, going back to the first Trump administration. And it's gotten a federal judge to rule in its favor.But the DOJ's full intentions weren't fully clear until late last night when the department filed specific remedies that it would like to see the U.S. District judge impose. The DOJ is out for a pound of flesh.An end to search payments: The payments that Google makes to be the default on mobile devices were at the heart of the DOJ's case. Most prominent among these are Google's payouts to Apple, which were pegged at $20 billion in 2022 during the trail. That number represented 16% of Google's cost-of-revenue. But they're also material to Apple, comprising 5% of its 2022 revenue. Assuming that stream of payments all falls to the bottom line, it would have been roughly 21% of Apple's net income that year.The ban goes beyond third-party payments. The DOJ has said it wants to stop Google from using","content":"<html><head></head><body><p>The U.S. Department of Justice has aggressively pursued Google as a monopolist in recent years, going back to the first Trump administration. And it&#39;s gotten a federal judge to rule in its favor.</p><p>But the DOJ&#39;s full intentions weren&#39;t fully clear until late last night when the department filed specific remedies that it would like to see the U.S. District judge impose. The DOJ is out for a pound of flesh.</p><p>While media reports had telegraphed the government&#39;s demand to sever Chrome and Android from Google, the filing went much further. The government has a set of demands that go deeply into the way Google does business, and it seems to be spooking investors. Until now, shares of Google-parent Alphabet have largely escaped regulatory worry. But on Thursday, the stock was down 4.7%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2347baa2536c44f072e18ffba04106cc\" tg-width=\"790\" tg-height=\"845\"/></p><p>Here&#39;s why investors are nervous:</p><p>An end to search payments: The payments that Google makes to be the default on mobile devices were at the heart of the DOJ&#39;s case. Most prominent among these are Google&#39;s payouts to Apple, which were pegged at $20 billion in 2022 during the trail. That number represented 16% of Google&#39;s cost-of-revenue. But they&#39;re also material to Apple, comprising 5% of its 2022 revenue. Assuming that stream of payments all falls to the bottom line, it would have been roughly 21% of Apple&#39;s net income that year.</p><p>It&#39;s not clear how Apple would replace that income, though, for now investors don&#39;t seem particularly worried. Apple shares were up slightly on Wednesday.</p><p>Google also makes payments to Android smartphone providers to ensure its software is preloaded on phones, and that its search is the default option. If the DOJ gets its way, those payments would also be banned.</p><p>These payments to the smartphone makers and others are what Google calls its &#34;traffic acquisition costs.&#34; They totaled $40 billion in the first nine months of 2024, or 38% of Google&#39;s cost of revenue. If the company was banned from making these payments, Alphabet&#39;s gross margins would rise substantially immediately. On the downside, without the payments, Google could lose search market share, thereby limiting advertising revenue down the road. That impact is long-term and uncertain.</p><p>The ban goes beyond third-party payments. The DOJ has said it wants to stop Google from using its search engine as the default option on its own line of Pixel smartphones.</p><p>The DOJ wants the keys to the castle: The DOJ&#39;s proposed remedy would force Google to share its most important data with rivals, including well-heeled ones like Microsoft. One of Google&#39;s primary advantages would be lost -- its treasure trove of exclusive data, including its search index, ad data, and user data. These large data sets are the foundation of Google&#39;s success.</p><p>The Enforcement: Perhaps the most intrusive part of the proposal is the DOJ&#39;s recommendation to create a technical committee that would oversee Google&#39;s compliance with the judge&#39;s ruling. The committee would be composed of five members, with a nomination process that almost guarantees the government would control a majority of the committee.</p><p>The group would have broad powers to oversee Google, including interviewing employees, and accessing all documents, servers, and employee devices on request. The committee would also get to see Google&#39;s source code and algorithms, Google&#39;s most prized intellectual property.</p><p>If the DOJ gets its way, most of the remedies would be in place for 10 years.</p><p>On Thursday, Google had a blunt response to the government&#39;s proposals: &#34;DOJ had a chance to propose remedies related to the issue in this case, &#34; the company said in a blog post. &#34;Instead, DOJ chose to push a radical interventionist agenda that would harm Americans and America&#39;s global technology leadership.&#34;</p><p>Next up: The court is scheduled to decide on the penalty phase of the Google trial in April, with a final ruling due in August. U.S. District Judge Amit Mehta could choose to reject some or all of the DOJ&#39;s suggested remedies.</p><p>Any actual enforcement could take years to play out. Google has already declared that it will appeal, and Mehta could decide to stay any remedies during the appeal, a process that could stretch out for years.</p><p>The wild card: In the meantime, there is a new administration coming to the White House in January, and new appointees at the DOJ. Jonathan Kanter, the DOJ&#39;s lead on its cases against Google, will likely be replaced. But it&#39;s important to remember that this case originated in 2020 under the first Trump administration and it includes 49 states as co-plaintiffs. Most of these states have Republican Attorneys General.</p><p>No one knows how a new DOJ would handle the case.</p><p>Many on Wall Street remain doubtful the DOJ&#39;s proposal will come to fruition.</p><p>&#34;We do not see a breakup in the next few years,&#34; Dan Ives of Wedbush told Barron&#39;s on Thursday. &#34;We see business model tweaks and also a much different tone from the Trump administration around Big Tech on the horizon.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-22 07:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The U.S. Department of Justice has aggressively pursued Google as a monopolist in recent years, going back to the first Trump administration. And it&#39;s gotten a federal judge to rule in its favor.</p><p>But the DOJ&#39;s full intentions weren&#39;t fully clear until late last night when the department filed specific remedies that it would like to see the U.S. District judge impose. The DOJ is out for a pound of flesh.</p><p>While media reports had telegraphed the government&#39;s demand to sever Chrome and Android from Google, the filing went much further. The government has a set of demands that go deeply into the way Google does business, and it seems to be spooking investors. Until now, shares of Google-parent Alphabet have largely escaped regulatory worry. But on Thursday, the stock was down 4.7%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2347baa2536c44f072e18ffba04106cc\" tg-width=\"790\" tg-height=\"845\"/></p><p>Here&#39;s why investors are nervous:</p><p>An end to search payments: The payments that Google makes to be the default on mobile devices were at the heart of the DOJ&#39;s case. Most prominent among these are Google&#39;s payouts to Apple, which were pegged at $20 billion in 2022 during the trail. That number represented 16% of Google&#39;s cost-of-revenue. But they&#39;re also material to Apple, comprising 5% of its 2022 revenue. Assuming that stream of payments all falls to the bottom line, it would have been roughly 21% of Apple&#39;s net income that year.</p><p>It&#39;s not clear how Apple would replace that income, though, for now investors don&#39;t seem particularly worried. Apple shares were up slightly on Wednesday.</p><p>Google also makes payments to Android smartphone providers to ensure its software is preloaded on phones, and that its search is the default option. If the DOJ gets its way, those payments would also be banned.</p><p>These payments to the smartphone makers and others are what Google calls its &#34;traffic acquisition costs.&#34; They totaled $40 billion in the first nine months of 2024, or 38% of Google&#39;s cost of revenue. If the company was banned from making these payments, Alphabet&#39;s gross margins would rise substantially immediately. On the downside, without the payments, Google could lose search market share, thereby limiting advertising revenue down the road. That impact is long-term and uncertain.</p><p>The ban goes beyond third-party payments. The DOJ has said it wants to stop Google from using its search engine as the default option on its own line of Pixel smartphones.</p><p>The DOJ wants the keys to the castle: The DOJ&#39;s proposed remedy would force Google to share its most important data with rivals, including well-heeled ones like Microsoft. One of Google&#39;s primary advantages would be lost -- its treasure trove of exclusive data, including its search index, ad data, and user data. These large data sets are the foundation of Google&#39;s success.</p><p>The Enforcement: Perhaps the most intrusive part of the proposal is the DOJ&#39;s recommendation to create a technical committee that would oversee Google&#39;s compliance with the judge&#39;s ruling. The committee would be composed of five members, with a nomination process that almost guarantees the government would control a majority of the committee.</p><p>The group would have broad powers to oversee Google, including interviewing employees, and accessing all documents, servers, and employee devices on request. The committee would also get to see Google&#39;s source code and algorithms, Google&#39;s most prized intellectual property.</p><p>If the DOJ gets its way, most of the remedies would be in place for 10 years.</p><p>On Thursday, Google had a blunt response to the government&#39;s proposals: &#34;DOJ had a chance to propose remedies related to the issue in this case, &#34; the company said in a blog post. &#34;Instead, DOJ chose to push a radical interventionist agenda that would harm Americans and America&#39;s global technology leadership.&#34;</p><p>Next up: The court is scheduled to decide on the penalty phase of the Google trial in April, with a final ruling due in August. U.S. District Judge Amit Mehta could choose to reject some or all of the DOJ&#39;s suggested remedies.</p><p>Any actual enforcement could take years to play out. Google has already declared that it will appeal, and Mehta could decide to stay any remedies during the appeal, a process that could stretch out for years.</p><p>The wild card: In the meantime, there is a new administration coming to the White House in January, and new appointees at the DOJ. Jonathan Kanter, the DOJ&#39;s lead on its cases against Google, will likely be replaced. But it&#39;s important to remember that this case originated in 2020 under the first Trump administration and it includes 49 states as co-plaintiffs. Most of these states have Republican Attorneys General.</p><p>No one knows how a new DOJ would handle the case.</p><p>Many on Wall Street remain doubtful the DOJ&#39;s proposal will come to fruition.</p><p>&#34;We do not see a breakup in the next few years,&#34; Dan Ives of Wedbush told Barron&#39;s on Thursday. &#34;We see business model tweaks and also a much different tone from the Trump administration around Big Tech on the horizon.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU0784384876.USD":"Blackrock Global Multi-Asset Income A6 USD","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU0072462426.USD":"贝莱德全球配置 A2","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","BK4561":"索罗斯持仓","AAPL":"苹果","MSFT":"微软","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","SG9999001424.SGD":"United E-Commerce Fund SGD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2485444956","content_text":"The U.S. Department of Justice has aggressively pursued Google as a monopolist in recent years, going back to the first Trump administration. And it's gotten a federal judge to rule in its favor.But the DOJ's full intentions weren't fully clear until late last night when the department filed specific remedies that it would like to see the U.S. District judge impose. The DOJ is out for a pound of flesh.While media reports had telegraphed the government's demand to sever Chrome and Android from Google, the filing went much further. The government has a set of demands that go deeply into the way Google does business, and it seems to be spooking investors. Until now, shares of Google-parent Alphabet have largely escaped regulatory worry. But on Thursday, the stock was down 4.7%.Here's why investors are nervous:An end to search payments: The payments that Google makes to be the default on mobile devices were at the heart of the DOJ's case. Most prominent among these are Google's payouts to Apple, which were pegged at $20 billion in 2022 during the trail. That number represented 16% of Google's cost-of-revenue. But they're also material to Apple, comprising 5% of its 2022 revenue. Assuming that stream of payments all falls to the bottom line, it would have been roughly 21% of Apple's net income that year.It's not clear how Apple would replace that income, though, for now investors don't seem particularly worried. Apple shares were up slightly on Wednesday.Google also makes payments to Android smartphone providers to ensure its software is preloaded on phones, and that its search is the default option. If the DOJ gets its way, those payments would also be banned.These payments to the smartphone makers and others are what Google calls its \"traffic acquisition costs.\" They totaled $40 billion in the first nine months of 2024, or 38% of Google's cost of revenue. If the company was banned from making these payments, Alphabet's gross margins would rise substantially immediately. On the downside, without the payments, Google could lose search market share, thereby limiting advertising revenue down the road. That impact is long-term and uncertain.The ban goes beyond third-party payments. The DOJ has said it wants to stop Google from using its search engine as the default option on its own line of Pixel smartphones.The DOJ wants the keys to the castle: The DOJ's proposed remedy would force Google to share its most important data with rivals, including well-heeled ones like Microsoft. One of Google's primary advantages would be lost -- its treasure trove of exclusive data, including its search index, ad data, and user data. These large data sets are the foundation of Google's success.The Enforcement: Perhaps the most intrusive part of the proposal is the DOJ's recommendation to create a technical committee that would oversee Google's compliance with the judge's ruling. The committee would be composed of five members, with a nomination process that almost guarantees the government would control a majority of the committee.The group would have broad powers to oversee Google, including interviewing employees, and accessing all documents, servers, and employee devices on request. The committee would also get to see Google's source code and algorithms, Google's most prized intellectual property.If the DOJ gets its way, most of the remedies would be in place for 10 years.On Thursday, Google had a blunt response to the government's proposals: \"DOJ had a chance to propose remedies related to the issue in this case, \" the company said in a blog post. \"Instead, DOJ chose to push a radical interventionist agenda that would harm Americans and America's global technology leadership.\"Next up: The court is scheduled to decide on the penalty phase of the Google trial in April, with a final ruling due in August. U.S. District Judge Amit Mehta could choose to reject some or all of the DOJ's suggested remedies.Any actual enforcement could take years to play out. Google has already declared that it will appeal, and Mehta could decide to stay any remedies during the appeal, a process that could stretch out for years.The wild card: In the meantime, there is a new administration coming to the White House in January, and new appointees at the DOJ. Jonathan Kanter, the DOJ's lead on its cases against Google, will likely be replaced. But it's important to remember that this case originated in 2020 under the first Trump administration and it includes 49 states as co-plaintiffs. Most of these states have Republican Attorneys General.No one knows how a new DOJ would handle the case.Many on Wall Street remain doubtful the DOJ's proposal will come to fruition.\"We do not see a breakup in the next few years,\" Dan Ives of Wedbush told Barron's on Thursday. \"We see business model tweaks and also a much different tone from the Trump administration around Big Tech on the horizon.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373534135095400,"gmtCreate":1732230671718,"gmtModify":1732241485356,"author":{"id":"3577569919471507","authorId":"3577569919471507","name":"DreamZ85","avatar":"https://static.tigerbbs.com/4f88a546cd1787f83e30c21f07ed2b3a","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577569919471507","authorIdStr":"3577569919471507"},"themes":[],"htmlText":"DOJ is lame. Asking google selling if chrome. Why don't you ask Microsoft to sell off internet explorer, don't use bing as default search engine too. At least chrome installation on Mac n windows require them to download and agree to install what does Microsoft did? Default given?","listText":"DOJ is lame. Asking google selling if chrome. Why don't you ask Microsoft to sell off internet explorer, don't use bing as default search engine too. At least chrome installation on Mac n windows require them to download and agree to install what does Microsoft did? Default given?","text":"DOJ is lame. Asking google selling if chrome. Why don't you ask Microsoft to sell off internet explorer, don't use bing as default search engine too. At least chrome installation on Mac n windows require them to download and agree to install what does Microsoft did? Default given?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/373534135095400","repostId":"2485444956","repostType":2,"repost":{"id":"2485444956","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1732232749,"share":"https://ttm.financial/m/news/2485444956?lang=&edition=fundamental","pubTime":"2024-11-22 07:45","market":"nz","language":"en","title":"The DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2485444956","media":"Dow Jones","summary":"The U.S. Department of Justice has aggressively pursued Google as a monopolist in recent years, going back to the first Trump administration. And it's gotten a federal judge to rule in its favor.But the DOJ's full intentions weren't fully clear until late last night when the department filed specific remedies that it would like to see the U.S. District judge impose. The DOJ is out for a pound of flesh.An end to search payments: The payments that Google makes to be the default on mobile devices were at the heart of the DOJ's case. Most prominent among these are Google's payouts to Apple, which were pegged at $20 billion in 2022 during the trail. That number represented 16% of Google's cost-of-revenue. But they're also material to Apple, comprising 5% of its 2022 revenue. Assuming that stream of payments all falls to the bottom line, it would have been roughly 21% of Apple's net income that year.The ban goes beyond third-party payments. The DOJ has said it wants to stop Google from using","content":"<html><head></head><body><p>The U.S. Department of Justice has aggressively pursued Google as a monopolist in recent years, going back to the first Trump administration. And it&#39;s gotten a federal judge to rule in its favor.</p><p>But the DOJ&#39;s full intentions weren&#39;t fully clear until late last night when the department filed specific remedies that it would like to see the U.S. District judge impose. The DOJ is out for a pound of flesh.</p><p>While media reports had telegraphed the government&#39;s demand to sever Chrome and Android from Google, the filing went much further. The government has a set of demands that go deeply into the way Google does business, and it seems to be spooking investors. Until now, shares of Google-parent Alphabet have largely escaped regulatory worry. But on Thursday, the stock was down 4.7%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2347baa2536c44f072e18ffba04106cc\" tg-width=\"790\" tg-height=\"845\"/></p><p>Here&#39;s why investors are nervous:</p><p>An end to search payments: The payments that Google makes to be the default on mobile devices were at the heart of the DOJ&#39;s case. Most prominent among these are Google&#39;s payouts to Apple, which were pegged at $20 billion in 2022 during the trail. That number represented 16% of Google&#39;s cost-of-revenue. But they&#39;re also material to Apple, comprising 5% of its 2022 revenue. Assuming that stream of payments all falls to the bottom line, it would have been roughly 21% of Apple&#39;s net income that year.</p><p>It&#39;s not clear how Apple would replace that income, though, for now investors don&#39;t seem particularly worried. Apple shares were up slightly on Wednesday.</p><p>Google also makes payments to Android smartphone providers to ensure its software is preloaded on phones, and that its search is the default option. If the DOJ gets its way, those payments would also be banned.</p><p>These payments to the smartphone makers and others are what Google calls its &#34;traffic acquisition costs.&#34; They totaled $40 billion in the first nine months of 2024, or 38% of Google&#39;s cost of revenue. If the company was banned from making these payments, Alphabet&#39;s gross margins would rise substantially immediately. On the downside, without the payments, Google could lose search market share, thereby limiting advertising revenue down the road. That impact is long-term and uncertain.</p><p>The ban goes beyond third-party payments. The DOJ has said it wants to stop Google from using its search engine as the default option on its own line of Pixel smartphones.</p><p>The DOJ wants the keys to the castle: The DOJ&#39;s proposed remedy would force Google to share its most important data with rivals, including well-heeled ones like Microsoft. One of Google&#39;s primary advantages would be lost -- its treasure trove of exclusive data, including its search index, ad data, and user data. These large data sets are the foundation of Google&#39;s success.</p><p>The Enforcement: Perhaps the most intrusive part of the proposal is the DOJ&#39;s recommendation to create a technical committee that would oversee Google&#39;s compliance with the judge&#39;s ruling. The committee would be composed of five members, with a nomination process that almost guarantees the government would control a majority of the committee.</p><p>The group would have broad powers to oversee Google, including interviewing employees, and accessing all documents, servers, and employee devices on request. The committee would also get to see Google&#39;s source code and algorithms, Google&#39;s most prized intellectual property.</p><p>If the DOJ gets its way, most of the remedies would be in place for 10 years.</p><p>On Thursday, Google had a blunt response to the government&#39;s proposals: &#34;DOJ had a chance to propose remedies related to the issue in this case, &#34; the company said in a blog post. &#34;Instead, DOJ chose to push a radical interventionist agenda that would harm Americans and America&#39;s global technology leadership.&#34;</p><p>Next up: The court is scheduled to decide on the penalty phase of the Google trial in April, with a final ruling due in August. U.S. District Judge Amit Mehta could choose to reject some or all of the DOJ&#39;s suggested remedies.</p><p>Any actual enforcement could take years to play out. Google has already declared that it will appeal, and Mehta could decide to stay any remedies during the appeal, a process that could stretch out for years.</p><p>The wild card: In the meantime, there is a new administration coming to the White House in January, and new appointees at the DOJ. Jonathan Kanter, the DOJ&#39;s lead on its cases against Google, will likely be replaced. But it&#39;s important to remember that this case originated in 2020 under the first Trump administration and it includes 49 states as co-plaintiffs. Most of these states have Republican Attorneys General.</p><p>No one knows how a new DOJ would handle the case.</p><p>Many on Wall Street remain doubtful the DOJ&#39;s proposal will come to fruition.</p><p>&#34;We do not see a breakup in the next few years,&#34; Dan Ives of Wedbush told Barron&#39;s on Thursday. &#34;We see business model tweaks and also a much different tone from the Trump administration around Big Tech on the horizon.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe DOJ-Google Fight Comes Into Focus. Why It's Finally Hitting Alphabet's Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-22 07:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The U.S. Department of Justice has aggressively pursued Google as a monopolist in recent years, going back to the first Trump administration. And it&#39;s gotten a federal judge to rule in its favor.</p><p>But the DOJ&#39;s full intentions weren&#39;t fully clear until late last night when the department filed specific remedies that it would like to see the U.S. District judge impose. The DOJ is out for a pound of flesh.</p><p>While media reports had telegraphed the government&#39;s demand to sever Chrome and Android from Google, the filing went much further. The government has a set of demands that go deeply into the way Google does business, and it seems to be spooking investors. Until now, shares of Google-parent Alphabet have largely escaped regulatory worry. But on Thursday, the stock was down 4.7%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2347baa2536c44f072e18ffba04106cc\" tg-width=\"790\" tg-height=\"845\"/></p><p>Here&#39;s why investors are nervous:</p><p>An end to search payments: The payments that Google makes to be the default on mobile devices were at the heart of the DOJ&#39;s case. Most prominent among these are Google&#39;s payouts to Apple, which were pegged at $20 billion in 2022 during the trail. That number represented 16% of Google&#39;s cost-of-revenue. But they&#39;re also material to Apple, comprising 5% of its 2022 revenue. Assuming that stream of payments all falls to the bottom line, it would have been roughly 21% of Apple&#39;s net income that year.</p><p>It&#39;s not clear how Apple would replace that income, though, for now investors don&#39;t seem particularly worried. Apple shares were up slightly on Wednesday.</p><p>Google also makes payments to Android smartphone providers to ensure its software is preloaded on phones, and that its search is the default option. If the DOJ gets its way, those payments would also be banned.</p><p>These payments to the smartphone makers and others are what Google calls its &#34;traffic acquisition costs.&#34; They totaled $40 billion in the first nine months of 2024, or 38% of Google&#39;s cost of revenue. If the company was banned from making these payments, Alphabet&#39;s gross margins would rise substantially immediately. On the downside, without the payments, Google could lose search market share, thereby limiting advertising revenue down the road. That impact is long-term and uncertain.</p><p>The ban goes beyond third-party payments. The DOJ has said it wants to stop Google from using its search engine as the default option on its own line of Pixel smartphones.</p><p>The DOJ wants the keys to the castle: The DOJ&#39;s proposed remedy would force Google to share its most important data with rivals, including well-heeled ones like Microsoft. One of Google&#39;s primary advantages would be lost -- its treasure trove of exclusive data, including its search index, ad data, and user data. These large data sets are the foundation of Google&#39;s success.</p><p>The Enforcement: Perhaps the most intrusive part of the proposal is the DOJ&#39;s recommendation to create a technical committee that would oversee Google&#39;s compliance with the judge&#39;s ruling. The committee would be composed of five members, with a nomination process that almost guarantees the government would control a majority of the committee.</p><p>The group would have broad powers to oversee Google, including interviewing employees, and accessing all documents, servers, and employee devices on request. The committee would also get to see Google&#39;s source code and algorithms, Google&#39;s most prized intellectual property.</p><p>If the DOJ gets its way, most of the remedies would be in place for 10 years.</p><p>On Thursday, Google had a blunt response to the government&#39;s proposals: &#34;DOJ had a chance to propose remedies related to the issue in this case, &#34; the company said in a blog post. &#34;Instead, DOJ chose to push a radical interventionist agenda that would harm Americans and America&#39;s global technology leadership.&#34;</p><p>Next up: The court is scheduled to decide on the penalty phase of the Google trial in April, with a final ruling due in August. U.S. District Judge Amit Mehta could choose to reject some or all of the DOJ&#39;s suggested remedies.</p><p>Any actual enforcement could take years to play out. Google has already declared that it will appeal, and Mehta could decide to stay any remedies during the appeal, a process that could stretch out for years.</p><p>The wild card: In the meantime, there is a new administration coming to the White House in January, and new appointees at the DOJ. Jonathan Kanter, the DOJ&#39;s lead on its cases against Google, will likely be replaced. But it&#39;s important to remember that this case originated in 2020 under the first Trump administration and it includes 49 states as co-plaintiffs. Most of these states have Republican Attorneys General.</p><p>No one knows how a new DOJ would handle the case.</p><p>Many on Wall Street remain doubtful the DOJ&#39;s proposal will come to fruition.</p><p>&#34;We do not see a breakup in the next few years,&#34; Dan Ives of Wedbush told Barron&#39;s on Thursday. &#34;We see business model tweaks and also a much different tone from the Trump administration around Big Tech on the horizon.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU0784384876.USD":"Blackrock Global Multi-Asset Income A6 USD","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU0072462426.USD":"贝莱德全球配置 A2","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","BK4561":"索罗斯持仓","AAPL":"苹果","MSFT":"微软","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","SG9999001424.SGD":"United E-Commerce Fund SGD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2485444956","content_text":"The U.S. Department of Justice has aggressively pursued Google as a monopolist in recent years, going back to the first Trump administration. And it's gotten a federal judge to rule in its favor.But the DOJ's full intentions weren't fully clear until late last night when the department filed specific remedies that it would like to see the U.S. District judge impose. The DOJ is out for a pound of flesh.While media reports had telegraphed the government's demand to sever Chrome and Android from Google, the filing went much further. The government has a set of demands that go deeply into the way Google does business, and it seems to be spooking investors. Until now, shares of Google-parent Alphabet have largely escaped regulatory worry. But on Thursday, the stock was down 4.7%.Here's why investors are nervous:An end to search payments: The payments that Google makes to be the default on mobile devices were at the heart of the DOJ's case. Most prominent among these are Google's payouts to Apple, which were pegged at $20 billion in 2022 during the trail. That number represented 16% of Google's cost-of-revenue. But they're also material to Apple, comprising 5% of its 2022 revenue. Assuming that stream of payments all falls to the bottom line, it would have been roughly 21% of Apple's net income that year.It's not clear how Apple would replace that income, though, for now investors don't seem particularly worried. Apple shares were up slightly on Wednesday.Google also makes payments to Android smartphone providers to ensure its software is preloaded on phones, and that its search is the default option. If the DOJ gets its way, those payments would also be banned.These payments to the smartphone makers and others are what Google calls its \"traffic acquisition costs.\" They totaled $40 billion in the first nine months of 2024, or 38% of Google's cost of revenue. If the company was banned from making these payments, Alphabet's gross margins would rise substantially immediately. On the downside, without the payments, Google could lose search market share, thereby limiting advertising revenue down the road. That impact is long-term and uncertain.The ban goes beyond third-party payments. The DOJ has said it wants to stop Google from using its search engine as the default option on its own line of Pixel smartphones.The DOJ wants the keys to the castle: The DOJ's proposed remedy would force Google to share its most important data with rivals, including well-heeled ones like Microsoft. One of Google's primary advantages would be lost -- its treasure trove of exclusive data, including its search index, ad data, and user data. These large data sets are the foundation of Google's success.The Enforcement: Perhaps the most intrusive part of the proposal is the DOJ's recommendation to create a technical committee that would oversee Google's compliance with the judge's ruling. The committee would be composed of five members, with a nomination process that almost guarantees the government would control a majority of the committee.The group would have broad powers to oversee Google, including interviewing employees, and accessing all documents, servers, and employee devices on request. The committee would also get to see Google's source code and algorithms, Google's most prized intellectual property.If the DOJ gets its way, most of the remedies would be in place for 10 years.On Thursday, Google had a blunt response to the government's proposals: \"DOJ had a chance to propose remedies related to the issue in this case, \" the company said in a blog post. \"Instead, DOJ chose to push a radical interventionist agenda that would harm Americans and America's global technology leadership.\"Next up: The court is scheduled to decide on the penalty phase of the Google trial in April, with a final ruling due in August. U.S. District Judge Amit Mehta could choose to reject some or all of the DOJ's suggested remedies.Any actual enforcement could take years to play out. Google has already declared that it will appeal, and Mehta could decide to stay any remedies during the appeal, a process that could stretch out for years.The wild card: In the meantime, there is a new administration coming to the White House in January, and new appointees at the DOJ. Jonathan Kanter, the DOJ's lead on its cases against Google, will likely be replaced. But it's important to remember that this case originated in 2020 under the first Trump administration and it includes 49 states as co-plaintiffs. Most of these states have Republican Attorneys General.No one knows how a new DOJ would handle the case.Many on Wall Street remain doubtful the DOJ's proposal will come to fruition.\"We do not see a breakup in the next few years,\" Dan Ives of Wedbush told Barron's on Thursday. \"We see business model tweaks and also a much different tone from the Trump administration around Big Tech on the horizon.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":676,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4161782355103392","authorId":"4161782355103392","name":"TypsiDraggon","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"idStr":"4161782355103392","authorIdStr":"4161782355103392"},"content":"The DOJ’s move to force Google to sell Chrome isn’t “lame”—it’s addressing the monopolistic behaviour, confirmed by the ruling August declaring Google a search monopoly. Comparing this to Microsoft’s ancient Internet Explorer saga is incorrect. Microsoft got hammered in the 1990s for its tactics, and its browser dominance has been irrelevant for years. Chrome, however, is a lynchpin in Google’s empire, cementing its stranglehold on search and advertising.","text":"The DOJ’s move to force Google to sell Chrome isn’t “lame”—it’s addressing the monopolistic behaviour, confirmed by the ruling August declaring Google a search monopoly. Comparing this to Microsoft’s ancient Internet Explorer saga is incorrect. Microsoft got hammered in the 1990s for its tactics, and its browser dominance has been irrelevant for years. Chrome, however, is a lynchpin in Google’s empire, cementing its stranglehold on search and advertising.","html":"The DOJ’s move to force Google to sell Chrome isn’t “lame”—it’s addressing the monopolistic behaviour, confirmed by the ruling August declaring Google a search monopoly. Comparing this to Microsoft’s ancient Internet Explorer saga is incorrect. Microsoft got hammered in the 1990s for its tactics, and its browser dominance has been irrelevant for years. Chrome, however, is a lynchpin in Google’s empire, cementing its stranglehold on search and advertising."}],"imageCount":0,"langContent":"EN","totalScore":0}]}