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The U.S. Department of Justice is currently pursuing an antitrust case against Google, alleging the company maintains a monopoly in digital advertising. The trial, which began on September 9, 2024, could lead to significant changes in Google's advertising business, including potential divestitures of key assets. The case is expected to last several weeks.
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Shares in Rightmove surged by up to 25% following news that Australia's REA Group, majority-owned by Rupert Murdoch's News Corp, is considering a takeover bid. The potential deal could be valued at around £4.4 billion, raising questions about the future of the UK's leading property portal.
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Rupert Murdoch's attempt to amend his family trust to ensure his son Lachlan retains control over his media empire is under scrutiny in a closed court hearing. The case has drawn significant media attention due to its implications for the future of influential outlets like Fox News and The Wall Street Journal.