The news, distilled into what matters.

The Feds took their best shot at Big Tech. They missed.

  • A judge ruled Google illegally monopolized parts of the ad market — but the likely punishment is minimal (no breakup, just modest behavioral fixes).
  • It’s part of a pattern: court fights against Big Tech keep producing weak remedies or losses for regulators, even as states and users file costly settlements.
  • Investors aren’t worried — stocks rose on the news — and regulators may nibble at the old internet business without derailing Big Tech’s push into AI and the “next” internet.
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