KNOWLEDGE is POWER / REAL NEWS is KEY
New York: Thursday, December 12, 2024
© 2024 U-S-NEWS.COM
Online Readers: 323 (random number)
New York: Thursday, December 12, 2024
Online: 302 (random number)
Join our "Free Speech Social Platform ONGO247.COM" Click Here
FILE PHOTO: The logo of Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo

SCIENCE & TECH: US regulator looks to put Google under federal supervision, Washington Post says – One America News Network

🔴 Website 👉 https://u-s-news.com/
Telegram 👉 https://t.me/usnewscom_channel

November 14, 2024 – 7:25 AM PST

REUTERS/Andrew Kelly/File Photo

(Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet’s Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant.

Advertisement

Google has fiercely resisted the idea over months of highly secretive talks, the report said on Thursday, citing two people familiar with the discussions.

Federal supervision status can allow regulators access to a company’s internal records.

CFPB and Alphabet declined to comment.

Google already faces government action that could force the company to divest parts of its business, as well as a court order to open up its mobile app store to competition.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Devika Syamnath)

Advertisements below

Share this post!





Source link

OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today
OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today