Google hit with $2.3bn lawsuit by 32 media groups - Business & Finance
BRUSSELS: Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including...
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BRUSSELS: Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including...
Google is facing $2.3M lawsuit from dozens of European media companies over ad practices - SiliconANGLE
Alphabet's Google was hit with a 2.1-billion-euro (Ksh.336 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company's practices in digital advertising.
The lawsuit comes at a time when Google's core advertising business is facing an existential threat from the shift to generative AI chat
Google is facing a heavy 2.1-billion-euro ($2.3 billion) lawsuit filed by 32 media conglomerates, including Axel Springer and Schibsted. According to Reuters, the lawsuit that was initiated on Wednesday, accused Google of engaging in practices harmful to digital advertising, causing significant losses to media companies.