Google Settles Arizona User Privacy Lawsuit For $85M

Comments
Loading...
  • Alphabet Inc GOOG GOOGL Google will pay the state of Arizona $85 million to settle a 2020 lawsuit for allegedly deceiving users by recording their locations even after they tried to turn off the company’s tracking on their smartphones and web browsers.
  • Google used the location information to sell ads for billions of dollars in profits, the Wall Street Journal reports, citing Arizona Attorney General Mark Brnovich.
  • The bulk of the settlement money will go toward a general fund in the state.
  • Also Read: Google Under DOJ Scanner For Splurging To Maintain Search-Engine Dominance
  • Google denied any wrongdoing. Google courted similar lawsuits from Indiana, Texas, Washington state courts, and Washington, D.C.
  • The European Union’s General Court in Luxembourg largely upheld a 2018 decision by the EU competition regulator that fined Google $4.33 billion for allegedly abusing the market dominance of its Android operating system for mobile phones.
  • Separately, a federal judge in the U.S. denied the bulk of Google’s motion to dismiss the claims brought by a coalition of states alleging Google abused its dominance in digital advertising tools.
  • Google held $125 billion in cash and equivalents as of June 30.
  • Price Action: GOOG shares traded lower by 0.87% at $100.76 in the premarket on the last check Wednesday.
GOOG Logo
GOOGAlphabet Inc
$168.981.81%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum83.66
Growth63.00
Quality90.77
Value49.98
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In: