Android

Alphabet’s stock surged to a record high after a U.S. court ruling favored Google, allowing it to retain Chrome, Android, and its practice of paying Apple to be the default search engine. Analysts revised their outlook, with JPMorgan Chase and Bank of America raising price targets. Apple’s stock also benefited due to continued payments from Google. The decision removes regulatory uncertainty, enabling Google to maintain dominance and pursue AI innovation, solidifying its position in the tech landscape; however, ongoing antitrust concerns remain a risk.

Rumors circulated online suggesting Google would resume full services in mainland China on September 1st. However, Google’s official Weibo account quickly denied these claims, stating the information was “not true.” Google withdrew its search services from mainland China in 2010 but maintains a presence with offices and an AI research center. In February 2025, China’s SAMR launched an anti-monopoly investigation into Google, potentially focusing on the Android ecosystem.

An EU court advisor backed a €4.12 billion fine against Google for abusing its Android market dominance, stemming from unfair practices with its search engine and pre-installation agreements. The advisor dismissed Google’s appeal, arguing its behavior unfairly benefited it. This recommendation carries significant weight. Google expressed disappointment, citing potential negative impacts on investment and users if the court adopts the recommendation. The final ruling is expected soon.