Oct 9 (Reuters) – The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in artificial intelligence, even though a final outcome may be years away, analysts said. The DOJ said on Tuesday it may ask a judge to force Google to divest…
The US Department of Justice (DOJ) has proposed several “behavioral and structural remedies” that could break up segments of Google’s (GOOG, GOOGL) search business, which was ruled to be monopolistic by a federal judge in August. To shed light on the implications this could have for Google, former Federal Trade Commission (FTC) Commissioner Mozelle Thompson joins Catalysts. Thompson…
Shari Redstone speaks at the WSJTECH live conference in Laguna Beach, California, on October 21, 2019 Mike Blake/Reuters New YorkCNN — Shari Redstone, the chair of CBS parent company Paramount Global, said Wednesday that CBS leadership made a “bad mistake” with their handling of “CBS Mornings” co-host Tony Dokoupil’s contentious interview last week with author Ta-Nehisi Coates. In stark…