Google (GOOGL) loses its fight with the EU Court over its EUR 4.1bln Android antitrust fine, Bloomberg reports
Newsquawk Staff ·
- The ECJ upheld the European Commission's penalty for abusing Android's market dominance
- The fine was first levied in 2018 and the court's ruling is legally binding
Sources
- [EARNINGS CALL] Meta (META) expects new AI businesses to generate incremental revenue from 2027 through subscriptions, transactions, advertising and enterprise offerings, with meaningful growth potential over time
- [EARNINGS CALL] Meta (META) CFO expects compute efficiency to improve tenfold over the next year
- [EARNINGS CALL] Meta (META) outlook; Revenue Guidance 73bln-76bln, FY 2026 Total Expenses Guidance 175bln-179bln, FY 2026 Capex Guidance 135bln-145bln (prev. 130bln-145bln)
- Senators express ‘grave concerns,’ launch inquiry into Google’s (GOOGL) AI push in schools, WSJ reports
- US EQUITY OPEN: Indices in the green underpinned by SPCX & SMCI as Mag-7 earnings await after-hours
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