In federal court, Google defends Jedi Blue, arguing the 2018 pact with Meta does not violate antitrust law as Meta can still use rival ad exchanges (Leah Nylen/Bloomberg)

Leah Nylen / Bloomberg:
NY judge rules the bulk of the state AGs’ ad tech antitrust suit against Google can proceed, but dismissed the claim Meta and Google colluded via Jedi Blue  —  An antitrust suit by state attorneys general accusing Alphabet Inc.’s Google of monopolizing the technology underlying online advertising …

Leah Nylen / Bloomberg:
New York and the DOJ urged a federal appeals court to reinstate an antitrust suit brought by 48 state AGs that alleged Meta schemed to “buy or bury” its rivals  —  New York and the Justice Department urged a federal appeals court to reinstate an antitrust suit that dozens …

Leah Nylen / Bloomberg:
The US DOJ says Google spends “enormous numbers” to be the default search engine on browsers and phones, in the first substantive hearing in its antitrust case  —  Alphabet Inc.’s Google pays billions of dollars each year to Apple Inc., Samsung Electronics Co. and other telecom giants …

Davey Alba / Bloomberg:
Alphabet’s Verily raised $1B led by Alphabet; founder and CEO Andy Conrad will become executive chairman as President Stephen Gillett becomes CEO in January  —  Verily, the Alphabet Inc. life sciences unit that’s previously experimented with diabetes-detecting contact lenses …

Jon Swartz / MarketWatch:
Alphabet reports Q3 advertising sales of $54.5B, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY  —  Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years

Joe Schneider / Bloomberg:
A US federal appeals court upholds the Texas social media content moderation law, lifting an injunction that blocked it and remanding it back to the lower court  —  A federal appeals court upheld the validity of a Texas social-media law that companies like Twitter Inc. and Meta Platforms Inc …