Source: International Business Times
US Judge Amit Mehta will determine how Google must address his landmark ruling last year that Google operates an illegal monopoly in online search AFP Shares in Google parent Alphabet plunged more than eight percent on Wednesday after Apple executive Eddy Cue testified in federal court that Google's search traffic on Apple devices declined last month for the first time in over two decades. Cue, Apple's senior vice president of services, told the Washington antitrust trial that Google was losing ground to AI alternatives like ChatGPT and Perplexity. His revelation that this decline "has never happened in 22 years" sent shockwaves through Wall Street, wiping more than $170 billion from Google's market capitalization in a single trading session.
