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Court Victory for Google – Worth 17 Billion
Search giant Google – part of American Alphabet – has had a fine of 1. 5 billion euros (equivalent to 17 billion kronor) overturned by the EU Court.
Meeting with the Tech Giants - "Angry and Upset"
Minister of Justice Gunnar Strömmer (M) has called representatives from several tech giants to a meeting to discuss the gangs' recruitment of young people. It is crucial that we convert the anger we experience on a human level into political action, he says ahead of Friday's meeting.
Continued Upward Trend in the USA
The large indexes on Wall Street continue upwards, with yet another good trading day for the large technology companies. Google's owner Alphabet climbed 2.
Multi-Billion Slaps for Google and Apple
Billion-dollar fines await both Apple and Google as two long-standing lawsuits are settled in the EU court. The companies must pay a total equivalent of nearly 180 billion kronor.
Brazil's Supreme Court imposes X ban
The platform X continues to be banned in Brazil, according to a decision from the Supreme Court in the country, writes AP. .
Nvidia new small investor favorite – overtakes Tesla
The AI-hype's big winner, American Nvidia, has ahead of this evening's quarterly report surpassed Tesla as the largest US stock among online broker Nordnet's customers. Now Nvidia is the ninth most owned on the entire platform, says Nordnet's savings economist Frida Bratt.
AI challenges Swedish major banks
Swedish major banks may be on the verge of losing their grip on the banking market in Sweden in the wave of AI investments and fintech challenges, warns Ronit Ghose, head of analysis at American Citi. Sweden no longer looks as favorable for banks to operate in as it was 10-20 years ago.
Want to pressure Tiktok – to stop the gangs
Denmark and Sweden will jointly put pressure on digital giants like Tiktok to stop the recruitment to violent missions. It's hard to evoke other feelings than anger when we can see that children and young people are being recruited, says Denmark's Minister of Justice Peter Hummelgaard (S) to TT.
Slide on Wall Street after inflation announcement
Wednesday's trade on Wall Street developed in a horizontal – but occasionally volatile – direction. Best went it for snack giant Kellanova.
YouTube's former CEO is dead
YouTube's former CEO Susan Wojcicki has passed away. She was 56 years old, reports American media.
Google loses monopoly case
The American search engine company Google has lost against the American state in a case where they are accused of monopoly. After examining large amounts of evidence, including testimony from top executives at Google, Microsoft, and Apple, it is deemed clear that Google is to have exploited its dominance to stop competition.
Risk of Backlash for Tech Giants – and Small Investors
This week, several tech companies in "The magnificent seven" will publish quarterly reports. There is a risk that the results will be worse than expected.
Upwards on Wall Street – major companies recovered
The trading week on Wall Street ended in major, after many large technology companies had a shaky week. .
Unstable trading on Wall Street after stock market fall
Trading on the New York Stock Exchange was volatile following Wednesday's stock market fall. Several of the major technology companies also declined during Thursday's trading.
Open AI launches search engine – Google's stock fell
The AI company Open AI is launching its own search engine. It was on Thursday that the company announced that they had begun developing a prototype for a search engine they call Search GPT.
Stock market fall on Wall Street – sowing concern about AI bubble
The American stock exchange fell sharply on Wednesday and some analysts are airing thoughts about a possible AI bubble. The market is not impressed by the start of the earnings season for megatech stocks, says Kathleen Brooks at the investment platform XTB to Bloomberg.
The worst day of the year on Wall Street
Wednesday's stock market trading in New York was pitch black and resulted in the year's largest stock market fall. The broad S&P 500 index fell 2.
Google gives users a new option: "Don't understand"
Google will let you decide if you want to be tracked online. But it's not certain that your choice plays any role.
Alphabet's profit higher than expected
Google's parent company Alphabet reported a result exceeding expectations in its interim report, reports CNBC. The IT giant's revenues landed at 84.
Weak decline on Wall Street
The leading indexes on the New York Stock Exchange fell on Tuesday. However, the index movements were not large.
Google makes a U-turn – keeps the cookies
Google changes its mind. The tracking of what internet users do remains.
Blows off deal worth 240 billion kronor with Google
It will not be a purchase of the cybersecurity company Wiz for Google's owner Alphabet, reports [Wall Street Journal](https://www. wsj.
AI can devour Google's climate goals
Google's goal of reducing its emissions to zero by 2030 will be very difficult to achieve – the development of AI is consuming more and more energy, which increases emissions. This is evident from an environmental and climate report from Alphabet, Google's parent company.
Strong stock market year - "can get a good finish"
The Stockholm Stock Exchange has had a strong first half of 2024. Despite this, it is not keeping pace with the USA, where the tech giants are lifting the stock exchange.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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