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Yesterday

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HESTA forced to repay; More Jones charges; Why Australia’s stuck

Read everything that’s happened in the news so far today.

Google’s ownership of Chrome is under question.

Google may be forced to sell off Chrome

The US Department of Justice will ask a judge to force Alphabet’s Google to sell off its Chrome browser.

  • Updated
  • Leah Nylen and Josh Sisco

This Month

Users would have greater powers over what they see on social media.

Inquiry outlines plan to tame social media giants

The federal government should increase pressure on social media giants by improving enforceability of Australian law on the most popular platforms, an inquiry has recommended.

  • Tom McIlroy
Matt Gaetz was investigated by the Justice Department for nearly three years over sex-trafficking allegations.

‘Not on my bingo card’: Trump’s shock justice pick faces pushback

Firebrand Matt Gaetz, who has never worked in the Justice Department or as a prosecutor at any level of government, is the latest in a wave of Donald Trump’s nominations.

  • Andrew Goudsward and Sarah N. Lynch

The new perk tempting employees back to the office

Corporate giants – Salesforce, Uber, Ben & Jerry’s and Google – are all opening their lift doors to dogs. But beware “office zoomies”.

  • Flic Everett
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October

Google and Alphabet CEO Sundar Pichai.

Alphabet delivers earnings beat but investors wary of AI hit on Google

Sundar Pichai, the chief executive of the world’s second-largest technology company, says the search engine giant can move quickly to respond.

  • Amelia McGuire
A conscious decision by Michele Bullock and Andrew Hauser to balance inflation and unemployment.

Why interest rates will not fall soon – or by much when they do

Rising demand for investment capital to fund things like the green revolution will keep the price of money higher than it was.

  • Richard Holden
Lime Cordiale perform at Parliament House at an evening paid for by Google to promote its investment in Australia.

Rock stars and Wiggles: Google takes on big tech rules

The search giant is bankrolling parties and events that are an unsubtle reminder to the government of its huge power.

  • Paul Smith and Sam Buckingham-Jones
Ryan Kolln CEO of Appen.

Appen CEO apologises as tech failure leaves workers unpaid

Contractors paid by the ASX-listed company to train artificial intelligence models for technology giants have not been paid in more than a week after their money was due.

  • Tess Bennett
Nicole Shanahan, Robert F Kennedy jnr’s running mate.

She’s a billionaire divorcee who ran for VP – now she’s a Trump star

A chameleon who rose from a hard childhood to join the most elite circles of big tech, Nicole Shanahan has had a startling transformation into the world of right-wing politics.

  • Elizabeth Dwoskin, Ashley Parker, Meryl Kornfield and Aaron Schaffer
Thomas Taw, APAC Head of Investment Strategy at BlackRock said investors should be bracing for some volatility coming into the election.

Money pulled from big tech ahead of wild market swings

After nearly two years of oversized returns from “the only trade in town”, Australian investors are preparing for a choppier outlook on Wall Street.

  • Joshua Peach
The Macquarie Park Data Centre in Sydney.

Big banks fund Macquarie Technology bid to cash in on AirTrunk effect

The funding agreement came as new research showed investment in data centres was expected to hit $26 billion by 2030 amid booming demand from technology giants.

  • Paul Smith
Bronte Capital’s John Hempton.

Bronte Capital’s John Hempton rethinks hedge fund after horror month

The high-profile short seller says his firm is “not built for markets like this” after a bull run sent the firm to its worst return in more than two years.

  • Joshua Peach
Google has long denied accusations of antitrust violations.

‘Barbarians at the gates’: How a Google break-up could upend tech

The US Department of Justice’s proposal to shake up the company is a seminal moment for the industry. If it prevails in court, AI start-ups could benefit.

  • Richard Waters and Stephen Morris

Google HQ, Media House up for grabs

The offerings come after two years of significant upheaval across the office market. But there is growing confidence the down cycle is finally bottoming out.

  • Nick Lenaghan
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Google hit back at the proposals, calling them “radical and sweeping”.

Google targeted for break-up in landmark US case

The US Department of Justice could seek “structural remedies” such as forced product sales after a judge’s ruling of illegal monopoly in searches.

  • Stefania Palma and Stephen Morris
The order granted some but not all of the changes that Epic asked for.

US judge orders sweeping changes to Google’s Android app store

As punishment, Epic had asked the court to mandate changes that would let businesses largely bypass Google’s app store to distribute their Android apps.

  • Shira Ovide

September

Google plans to roll out AI Overviews in Australia very soon.

Google to test its artificial intelligence-powered search in Australia

Known as AI Overviews, the change is the biggest to the platform in years. But news publishers and e-commerce sites fear it could leave them out in the cold.

  • Sam Buckingham-Jones
Merchants will soon be able to decide to send an iPhone payment to eftpos to save costs.

Apple, Google respond to payment cost heat by backing eftpos

The US tech giants will enable “least-cost routing” for new cards on their smartphones to try to help merchants save costs by avoiding Visa and Mastercard.

  • James Eyers

‘We’ve only scratched the surface’: How AI will change work

Artificial intelligence is set to reshape the jobs market and the nature of roles across many businesses. Here are some of the best ways to use it.

  • Alexandra Cain

Original URL: https://www.afr.com/company/google-5xw