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Google CEO says breaking up would make R&D investment unviable, NY Times says

Google (GOOGL) CEO Sundar Pichai said to a federal judge that a U.S. government effort to break up the company would hobble the business, the New York Times’ David McCabe reports. Judge Amit P. Mehta of the U.S. District Court for the District of Columbia determined last year that the search giant had broken thte law to maintain a monopoly in search, and has convened a hearing this month to rule on the remedies that would be put in palce to address such illegal behavior, the author notes. “The combination of all the remedies, I think, makes it unviable to invest in the R&D the way we have for the past three decades, to continue to innovate and build Google search,” Pichai said in court. The CEO also revealed that the company is in talks with Apple (AAPL) to bring its Gemini AI to iPhones later in 2025, according to a separate Bloomberg report.

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