The article discusses a forthcoming hearing set for May regarding remedies in the Justice Department's lawsuit against Google, focusing on its dominance in online advertising. US District Judge Leonie Brinkema will preside to explore potential solutions. Concurrently, Alphabet, Google's parent company, reported strong Q1 earnings, highlighting a revenue increase despite ongoing pressures from antitrust scrutiny. The company managed to exceed Wall Street expectations, signaling its resilience. Additionally, Banijay is reportedly in early discussions for a takeover with ITV, reflecting ongoing shifts in the media landscape.
A hearing will discuss potential solutions to the Justice Department's lawsuit against Google, concerning its illegal dominance in online advertising.
Despite facing antitrust scrutiny, Alphabet reported strong Q1 earnings, demonstrating resilience amidst global trade tensions.
Judge Brinkema will provide an overview of remedies for Google's ad tech dominance, while Judge Mehta considers related remedies for Google's search practices.
Alphabet's Q1 revenue of $90.23 billion shows a 12% year-on-year increase, highlighting the company's financial strength amid regulatory challenges.
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