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On Thursday, during a tech-themed dinner held at the White House, U.S. President Trump extended his congratulations to Google CEO Sundar Pichai and co-founder Sergey Brin. The occasion was to celebrate Google's recent triumph in an antitrust lawsuit. In the wake of this ruling, the market value of Google's parent company, Alphabet, saw a substantial surge, climbing by $230 billion within the week.
A U.S. federal judge turned down the Justice Department's demand that Google divest itself of its Chrome browser and Android operating system. However, the judge did mandate that Google share its data with competitors, a move aimed at bolstering competition within the online search industry. This decision stands as a pivotal win for Google, signaling a new chapter in its ongoing battle with regulatory authorities.
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