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search dominance: US claims Google pays more than $10 billion a year to maintain its search dominance

The Department of Justice has accused Google of using its dominance in the internet search market to stifle competition and innovation. The trial, which could have significant implications for the future of the internet, will determine whether Google broke the law by rigging the market in its favor. The government argues that Google pays billions of dollars annually to secure its position as the default search engine on various devices and platforms, giving it an unfair advantage. ....

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genesis: Crypto firm DCG says Genesis' agreement with creditors to result in 70-90% recovery

Genesis, which filed for bankruptcy protection in January and owes at least $3.4 billion to creditors, reached an in-principle agreement on a restructuring plan a month later to resolve claims. ....

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byjus: Byju's denies hiding $533 million in hedge funds, says money invested in 'high-grade fixed income assets'

Byjus statement was in response to a Bloomberg report that said the Bengaluru-based firms lenders had alleged that the edtech company hid $533 million in an obscure three-year-old hedge fund, operating from a pancake restaurant in Miami. ....

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