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Wiz Rejects Google’s $23 Billion Offer, Seeks IPO Instead
Jul 23 2024 // Cybersecurity startup Wiz Inc. has turned down a takeover bid of as much as $23 billion from Alphabet Inc.’s Google, sticking instead with a plan for an initial public offering. The rejection will come as a blow to...
Google Ad Tech Class Action Gets Go Ahead From London Judges
Jun 5 2024 // London judges ruled a class action lawsuit to proceed against Google potentially seeking billions of pounds in damages over allegations it abused its dominance in digital advertising. The UK’s Competition Appeal...
Google Fights $17 Billion UK Lawsuit Over Ad-Tech Practices
May 10 2024 // Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant’s business...
Google Trial Wraps Up as Judge Weighs Landmark US Antitrust Claims
May 6 2024 // Google and the U.S. Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit has unlawfully dominated web search and related advertising, in a case the government contends could shape...
Google Fires 28 Workers Protesting $1.2 Billion Israeli Contract
Apr 18 2024 // Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI and cloud...
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