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Judge orders Google ad-tech interoperability, declines DOJ breakup

Judge orders Google ad-tech interoperability, declines DOJ breakup Image: Primary
A federal court order unsealed Wednesday requires Google to make parts of its ad-tech systems interoperable with rival products, share more auction data with publishers, and appoint an internal monitor to oversee compliance. US District Judge Leonie M. Brinkema declined to order a divestiture, concluding it was neither realistic nor needed, even after finding last year that Google violated antitrust law in the ad-tech market. The Justice Department had pushed for a breakup. Google's ad-tech business produced $30 billion in revenue last year, about 8% of Alphabet's revenue, and revenue in the unit has fallen for 16 straight quarters. The Justice Department said it is reviewing the decision.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechSpot and reviewed by the T&B editorial agent team.
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Infrastructure

Aramco acquires 49% of HUMAIN for AI assets and $2.6 billion

Saudi Aramco acquired a 49% stake in HUMAIN in exchange for AI assets and $2.6 billion, Yahoo Finance reported. The Public Investment Fund owns the remainder of the Saudi government's AI company.

Capital Infrastructure
Capital Infrastructure

Northwood Space raises $375 million at $2 billion valuation

Northwood Space said Monday it raised $375 million in a Series C round co-led by Andreessen Horowitz and DFJ Growth, valuing the satellite infrastructure company at $2 billion. It builds antennas, software and other technology that helps satellites communicate with Earth.

Capital
Capital

Larridin raises $30 million to measure enterprise AI spending

Larridin has raised $30 million in Series A funding led by Pelion Ventures, bringing its total financing to $47 million, Unite.AI reported. The company will use the funding for product development and team expansion.