Business
U.S. Justice Department Weighs Google Breakup Over Monopoly
The U.S. Justice Department has informed a federal judge that it may recommend Google divest parts of its operations to address its monopolization of the online search market. This could lead to a historic antitrust breakup of the tech giant, according to Bloomberg.
In a court filing, antitrust officials indicated that Judge Amit Mehta might require Google’s parent company, Alphabet Inc., to share data used for search results and artificial intelligence development. The Justice Department proposed remedies to prevent Google from favoring its products—like Chrome, Play, and Android—over competitors. This marks the first significant government attempt to dismantle a company for illegal monopolization since the failed breakup of Microsoft two decades ago.
Additionally, the document outlines options for the judge as the case moves into the remedy phase. It highlights how Google gained advantages from agreements that made its search engine the default on many devices. The agency may also seek to give websites more control over opting out of Google’s AI products and limit its dominance in search advertising. A detailed proposal is expected next month. Google has not yet responded to requests for comment.
Nigerian fintech company OPay has introduced new security features to improve the safety of its application.
The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.
The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.
The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.
The Federal Government of Nigeria has spoken on the agriculture sector of the country and shared that, in its current state, it needs more capital as it cannot stand alone without it.
They stated that even more capital will be needed in order to transform the agricultural sector and improve food production in Nigeria.
“Relying solely on public capital will not suffice to finance the transformation of Nigeria’s agricultural sector. Similarly, private capital will not be mobilised at the necessary scale unless the associated risks are comprehensively understood, appropriately allocated, and effectively managed.”
It has been noted that there is now an increase in fuel all around Nigeria, from … to 1000 plus in fuel stations.
It was also noted that Dangote Petroleum Refinery increased the price to 1,175 per litre and diesel has been increased to 1,620 per litre.
This new spike in fuel increase has caused Nigerians to lament widely, wondering why this change happened all of a sudden.
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