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Google loses antitrust case over search dominance Aug 5, 2024 03:46PM

Investing.com -- Alphabet's Google lost its legal battle against Department of Justice after a U.S. Federal Judge ruled Monday that the internet search engine illegally maintained a monopoly in the online search and text advertising markets. 

“Google is a monopolist, and it has acted as one to maintain its monopoly,” Judge Amit Mehta in Washington ruled on Monday.

The judge concluded that Google has "violated Section 2 of the Sherman Act by maintaining its monopoly in... (continue reading...)


Netflix (NFLX) Co-founder Hastings Gives $7 Mln To Pro-harris Pac- Reuters Jul 23, 2024 08:08PM

Netflix Co-founder Hastings Gives $7 Mln To Pro-harris Pac- Reuters


SEC investigating Archegos for potential market manipulation - Bloomberg Oct 8, 2021 01:36PM

SEC investigating Archegos for potential market manipulation - Bloomberg


UPDATE: Berkshire Hathaway (BRK-B) (BRK-A): Warren Buffet to Donate Approx. $3.6B to Bill & Melinda Gates, Susan Thompson Buffett, Sherwood, Howard G. Buffett & NoVo Foundations Jul 1, 2019 06:21AM (Updated - July 1, 2019 6:21 AM EDT)

Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) – Warren E. Buffett, Chairman of Berkshire Hathaway, today will convert 11,250 of his Class A shares into 16,875,000 Class B shares.

Of these Class B shares, 16,811,941 will be donated to five foundations: Bill & Melinda Gates Foundation, Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation. These shares have a current value of about... (continue reading...)


PG&E Corp. (PCG) Announces Court Approval of 'First Day' Motions Feb 1, 2019 04:33PM

PG&E Corporation (NYSE: PCG) and its primary operating subsidiary, Pacific Gas and Electric Company (the “Utility”), today announced that they have received interim approvals from the U.S. Bankruptcy Court for the Northern District of California for the “First Day” motions related to the voluntary Chapter 11 reorganization cases they initiated on January 29, 2019.

Among other things, the approved motions provide PG&E with:


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