Alphabet

Bucks County Spearheads Historic $500 Million Restructure of Google’s Parent Company, Alphabet

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Doylestown, PA — In a landmark decision, the Bucks County Retirement Board has reached a preliminary settlement agreement with Alphabet, the parent company of Google, which promises substantial changes to the tech giant’s corporate operations. This decision is pending approval from both sides and a California court’s confirmation. Legal representatives of Bucks County declared that the settlement involves a considerable $500 million restructuring effort within Alphabet to enhance corporate governance and operational oversight. This move comes after Bucks County, leveraging its stake in Alphabet through its Employees’ Retirement Fund, joined forces with the Police and … Read more

EU Launches Landmark Probes into Apple, Alphabet, and Meta under New Digital Markets Act

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BRUSSELS – The European Union has launched investigations into tech giants Apple, Alphabet, and Meta under a groundbreaking new law aimed at curbing their market dominance. The European Commission announced on Monday that it will probe whether Apple and Alphabet have unfairly favored their own app stores, as well as Meta’s use of personal data for advertising. These investigations mark the first application of the Digital Markets Act (DMA), which came into effect earlier this month to address the influence of large online platforms. If found in violation, the companies could face substantial fines of … Read more