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Key facts today

Google faces antitrust charges from the European Commission for allegedly favoring its services in search results. A negative ruling could lead to fines up to 10% of its global revenue.

President Trump signed a memo to impose tariffs on countries taxing U.S. tech firms, including Google, directing the Trade Representative to investigate and consider actions.

Google is increasing its role in digital payments, including the buy-now, pay-later market, as rivals like Block struggle with consumer spending and profits.

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About Alphabet Inc (Google) Class C

Alphabet, Inc is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps, Google Play, Search, and YouTube. The Other Bets segment consists of businesses such as Access, Calico, CapitalG, GV, Verily, Waymo, and X. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.