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Trump's Department of Justice continues to advocate for the breakup of Google, emphasizing ongoing concerns about the tech giant's market dominance. This stance reflects a broader scrutiny of big tech companies and their influence on competition and consumer choice.
The US Department of Justice has withdrawn its proposal for Google to divest its AI investments, including its stake in Anthropic, citing new evidence of potential risks from such actions. Instead, the DOJ and 38 state attorneys general are focusing on other antitrust measures, including requiring Google to share search query data with competitors. A trial is scheduled for April as part of a broader antitrust crackdown on Big Tech.
A new proposal from the DOJ continues to require Google to divest its Chrome browser, while also permitting investments in artificial intelligence. This move reflects ongoing regulatory scrutiny of major tech companies and their market influence.
The U.S. government has abandoned its efforts to compel Google to divest its artificial intelligence investments as part of an ongoing antitrust case. This decision marks a significant shift in the legal landscape surrounding tech giants and their market practices.
Google has removed references to "underrepresented" founders from its grant programs, now describing them as support for "innovators." The changes come amid a broader shift in the tech industry away from diversity, equity, and inclusion initiatives, with the company indicating a future focus on AI startups. Currently, no grant programs are available, raising concerns about the future of funding for minority founders.
UBS analyst Karl Keirstead has reaffirmed a Buy rating on Oracle stock with a $210 price target, indicating a potential 39% upside. Despite a 9.2% year-to-date decline, Oracle has a strong 33.2% gain over the past year, supported by positive customer feedback and stable demand trends ahead of its Q3 earnings report on March 10, 2025. The company is expected to benefit from its Stargate/OpenAI partnership and ongoing expansion in cloud services.
UBS analyst Karl Keirstead has reaffirmed a Buy recommendation for Oracle, setting a price target of $210, indicating a potential upside of 39% from the current price of $151.48. Despite a 9.2% decline year-to-date, Oracle has shown a solid 33.2% gain over the past year, with positive feedback from customer interviews suggesting stable demand for its services ahead of the upcoming third-quarter results on March 10, 2025. The anticipated financial report may highlight Oracle's recent Stargate/OpenAI deal, which Keirstead views as a potential catalyst for growth.
UBS analyst Karl Keirstead has reiterated a Buy recommendation for Oracle shares, maintaining a price target of $210, indicating a potential upside of 39% from the current price of $151.48. Despite a 9.2% decline year-to-date, Oracle has shown a 33.2% gain over the past year, with strong fundamentals highlighted by a 6.4% revenue growth and a market cap of $423.7 billion. The upcoming Q3 earnings report on March 10, 2025, is expected to be positively influenced by Oracle's Stargate/OpenAI deal, with stable demand trends noted across its services.
Google has launched AI Mode powered by Gemini 2.0, enhancing its search capabilities with advanced reasoning and multimodal features. This new mode allows users to ask complex questions and is aimed at improving search results for both consumers and enterprises, while Google seeks to maintain its dominance in the competitive AI search market. As it navigates user behavior changes and revenue models, the effectiveness of these innovations remains to be seen.
LG Uplus aims to generate $300 million in revenue by 2028 through a partnership with Google, integrating the Gemini AI model into its AI call agent, ixi-O. This collaboration will enhance features like context-based call summaries and user recommendations, with plans to expand ixi-O globally, which had 170,000 subscribers by the end of 2024.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Trump administration advocates for Google's breakup according to DOJ statement
06:02 09.03.2025
us justice department withdraws google ai divestment proposal amid antitrust case
02:45 09.03.2025
DOJ proposal urges Google to divest Chrome while permitting AI investments
01:45 09.03.2025
US abandons effort to force Google to divest AI investments
06:23 08.03.2025
google shifts focus away from underrepresented founders in grant program changes
20:03 07.03.2025
ubs maintains buy rating on oracle stock ahead of earnings report
16:26 07.03.2025
ubs maintains buy rating on oracle with target price of 210 dollars
16:23 07.03.2025
ubs maintains buy rating for oracle with price target of 210 dollars
16:23 07.03.2025
google introduces advanced ai mode for search with gemini 2.0
14:02 07.03.2025
LG Uplus targets 300 million dollars in AI revenue with Google partnership
07:20 07.03.2025
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