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A Russian court has ruled that Google, $GOOGL, owes Russian media stations around $20 decillion ($20,000,000,000,000,000,000,000,000,000,000,000) in fines for blocking their content, per the Register.
Google would have to find more money than exists on Earth πππ to pay Moscow π·πΊ
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Here are some news articles related to Google and the recent ruling by a Russian court:
Google Harus Bayar Denda Fantastis! 2 Undesilion Rubel pada Media Rusia: A court in Russia has ruled that Google must pay compensation for blocking Russian TV channels on the YouTube platform. The fine amounts to 2 undesilion rubles, which is a nominal amount with 36 zeros behind it. This is roughly equivalent to $20,565,635,200,000,003,000,000,000,000,000,000, which is larger than the total value of all assets on Earth.
Google's Cost Advantage With Custom Chips - Only Nvidia Tops It, Says Analyst: Gil Luria, Managing Director and Senior Software Analyst at D.A. Davidson, highlights Google's competitive advantage in the data center sector, particularly its in-house chips, which are second only to Nvidia in terms of performance. This cost advantage has contributed to Google's improved margins and revenue growth in its cloud division.
Is GOOG Q3 Earnings another beginning of Bull?: This article discusses Google's Q3 earnings report, which exceeded expectations and showed solid fundamentals. The advertising business performed well, indicating good economic activity, and there was strong demand for AI and healthy growth in the cloud business. However, there are still concerns about high capital expenditures and pending lawsuits that impact Google's valuation.
Google delivers a big earnings beat: Alphabet, Google's parent company, reported strong third-quarter earnings, beating expectations in terms of revenue, EPS, ads business, and Google Cloud revenue, which grew by 35% year over year.
Google reportedly paid $2.7B for a deal with Character.AI. Now, it's entangled in a lawsuit over a teen's suicide.: Google's parent company, Alphabet, is involved in a lawsuit after a teenager died by suicide shortly after interacting with a chatbot from Character.AI, with whom Google had made a deal.
Please note that these news articles provide a range of information about Google, including its financial performance, legal issues, and technological advancements. It's important to conduct further research and analysis before making any investment decisions.
Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Please conduct your own research or consult with a financial advisor before making any investment decisions.