Also known as: Google-owner Alphabet · Google parent
Alphabet — Google parent company facing EU antitrust fines and lawsuits while recording negative free cash flow from massive AI infrastructure spending.
Verbatim sentences from the source article.
Joy Online
… Having already absorbed billions of dollars in EU fines since 2017, Alphabet’s search giant is now facing lawsuits from smaller rivals across Europe, according to half a dozen lawyers and litigation financiers, and a tally of cases filed in half a dozen countries. …
Google rivals line up seeking damages after record $1 billion EU fineJoy Online
… Apple’s stock has gained about 25% so far this year, outperforming other so-called “Magnificent 7” technology companies including Nvidia, Meta, Alphabet and Microsoft. …
Apple briefly tops $5 trillion market value for first timeJoy Online
Google parent Alphabet saw its business continue to grow in recent months, yet rising spending on artificial intelligence (AI) infrastructure pushed its free cash flow into negative territory. …
Google burning through cash with spiralling AI costsJoy Online
Alphabet faces heightened scrutiny from investors as a delay in the launch of a model key to its AI ambitions adds to worries over the payoff from massive data-centre spending, months after raising expectations with a blockbuster quarter for cloud sales. …
Alphabet’s Gemini delay, spending worries loom over earningsJoy Online
… The writers sued Anthropic in 2024, arguing that the company, which is backed by Amazon and Alphabet, used pirated versions of their books without permission to teach Claude to respond to human prompts. …
US judge approves Anthropic’s $1.5 billion settlement of copyright lawsuitJoy Online
… France would follow Australia, which enacted the world’s first ban for under-16s on platforms including Meta Platforms’ Facebook, Snap’s Snapchat, ByteDance’s TikTok and Alphabet’s YouTube in December. …
French Parliament’s committee approves social media ban for under-15sJoy Online
… ecutive Sundar Pichai blogged in response at the time to the original fine that the decision “rejects the business model that supports Android, which has created more choice for everyone, not less.” This is not the first case brought against Google and its parent company Alphabet …
Google must pay €4.1bn fine for using Android to ‘block’ rivalsJoy Online
… NetChoice, whose members include TikTok, Alphabet’s YouTube, and Facebook and Instagram owner Meta, had argued the law was unconstitutionally vague and improperly restricted children’s access to content protected by the First Amendment. …
US court rules Ohio can restrict children’s use of social mediaJoy Online
… Its market value is now $2.9tn, above Amazon’s $2.7tn but lagging Microsoft, Apple, Google owner Alphabet and Nvidia. …
Musk’s SpaceX buys AI coding start-up for $60bn days after IPOJoy Online
… In the first trial, in a case brought by a young woman who said she suffered from depression and anxiety after becoming addicted to the platforms at a young age, a jury in Los Angeles found Meta and Alphabet’s Google negligent. …
Florida sues TikTok, claiming it violates state child safety lawFollowing a record €1 billion EU fine under the Digital Markets Act for favouring its own services and blocking cheaper alternatives, Google is facing lawsuits from smaller rivals across Europe seeking up to $10 billion in damages. A Berlin court awarded the price comparison platform Idealo €465 million in damages, and lawyers expect the ruling will trigger further litigation.
29 July 2026 · Joy Online →
Following a record €1 billion EU fine under the Digital Markets Act for favouring its own services and blocking cheaper alternatives, Google is facing lawsuits from smaller rivals across Europe seeking up to $10 billion in damages. A Berlin court awarded the price comparison platform Idealo €465 million in damages, and lawyers expect the ruling will trigger further litigation.
29 July 2026 · Joy Online →
Apple's market capitalisation briefly surpassed $5 trillion for the first time on Tuesday, becoming only the second company ever to achieve that milestone after Nvidia. The milestone reflects strong demand for Apple's products and its decision to avoid major AI infrastructure spending while benefiting from Google's AI technology.
29 July 2026 · Joy Online →
Alphabet recorded negative free cash flow of $5.9bn in recent months for the first time in at least a decade, driven by spiralling capital expenditures on artificial intelligence infrastructure expected to hit $205bn this year. Despite combined quarterly revenue rising 23% to $119.8bn, the company's stock fell 4% as spending on AI servers and data centres continues to accelerate.
23 July 2026 · Joy Online →
Alphabet faces investor scrutiny over a delayed launch of its Gemini 3.5 Pro model and concerns about returns on massive data-centre spending, though the company posted blockbuster cloud sales growth. The company has increased 2026 capital expenditure guidance to between $180 billion and $190 billion and announced plans to raise about $85 billion in equity offerings.
22 July 2026 · Joy Online →
A federal judge in San Francisco approved Anthropic's $1.5 billion settlement of a class action copyright lawsuit brought by authors who accused the AI company of misusing their books to train Claude. The settlement is the largest known settlement of a U.S. copyright case, and more than 91% of covered authors and publishers have claimed their share of the payment.
21 July 2026 · Joy Online →
A reconciliation committee of France's Parliament approved a bill to ban social media access for those under 15, with French President Macron seeking implementation by early September. The measure follows Australia's ban for under-16s and comes as European Commission President Von der Leyen has supported similar limits across the EU.
21 July 2026 · Joy Online →
Europe's top court has dismissed Google's appeal and upheld a €4.1bn fine imposed by the European Commission for using Android to block rivals through practices including requiring pre-installation of Google Search and Chrome, making exclusive payments to manufacturers, and preventing sales of alternative Android versions.
2 July 2026 · Joy Online →
A U.S. appeals court in Cincinnati ruled that Ohio can enforce a law requiring social media platforms including Instagram to obtain parental consent before allowing children under 16 to use their services, overturning a lower-court block and finding the law does not violate First Amendment protections.
18 June 2026 · Joy Online →
SpaceX has agreed to buy AI coding start-up Cursor (Anysphere) for $60 billion days after its own record IPO on Nasdaq, which valued the rocket company at over $2 trillion. The acquisition follows a partnership agreement from April that gave SpaceX the option to either buy Cursor for $60 billion or pay $10 billion for work completed together.
16 June 2026 · Joy Online →
Florida's attorney general filed a lawsuit claiming TikTok violated the state's law barring social media platforms from allowing children under age 14 to create accounts, alleging the platform allows underage users access and misrepresents exposure to violent or sexual content. TikTok says it is complying with the law and suspending accounts of users under 14 in Florida.
16 June 2026 · Joy Online →
British Prime Minister Keir Starmer announced plans to ban social media sites such as TikTok, Snapchat, and Instagram for under-16s, with restrictions on gaming and livestreaming platforms where children can contact strangers. The government expects regulation by year-end and enforcement around spring.
15 June 2026 · The Chronicle →
SpaceX, owned by Elon Musk and private investors, has launched an initial public offering with shares trading on the stock market as of Friday, raising at least $75bn at $135 per share. The company, which operates in space exploration, satellite communication, and AI ventures, plans to use the capital to expand current activities and fund new ventures including asteroid mining, Mars colonisation, and space-based AI data centres.
12 June 2026 · Joy Online →
SpaceX raised a record $75 billion in its initial public offering on Thursday. Following the share sale, Elon Musk's net worth surpassed $1 trillion, making him the world's first trillionaire.
12 June 2026 · Joy Online →
Elon Musk's SpaceX has announced a suggested share price of $135 in advance of its planned initial public offering, valuing the company at approximately $1.75tn and aiming to raise $75bn—which would be a record for an IPO if achieved.
4 June 2026 · Joy Online →
Elon Musk's SpaceX said its shares should go for $135 each in an SEC filing, setting its valuation at roughly $1.75tn as it approaches an initial public offering set for next week. The move is unusual, as companies typically only share an estimated share price the day before trading begins.
3 June 2026 · Joy Online →
Google has appealed a federal judge's 2024 ruling that found the company held illegal monopolies in online search and related advertising, arguing the judge made legal errors and that its market dominance resulted from developing a superior search engine rather than anticompetitive conduct. The ruling had ordered Google to share some search data with competitors to restore competition.
25 May 2026 · Joy Online →
SpaceX's xAI startup, which promises to capture a portion of a multi-trillion-dollar AI market, has seen its Grok chatbot flop with U.S. government customers. Federal inventory records show only three instances of xAI or Grok use among over 400 publicly identified government AI deployments, compared to 234 involving OpenAI's models, 33 involving Alphabet products, and 26 involving Anthropic's Claude.
25 May 2026 · Joy Online →
Meta's stock dropped 7% after the company announced plans to spend billions more on AI projects than initially planned, while investors express anxiety about whether massive AI investments by big tech firms will deliver returns. The four largest US tech companies are spending more than $650bn on AI this year, though Google, Microsoft, and Amazon showed better investor reception by demonstrating early payoffs from their AI spending.
30 April 2026 · Joy Online →