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Bridge the waiting time

Since I have been waiting for 1 hour at the worst airport I know in Frankfurt a.M. for the baggage carousel to start moving, I thought I would use the time effectively.😎

So here is some news about $GOOGL (+0.01%)


WASHINGTON (dpa-AFX) - The AI summaries before other search results on Google have landed the Internet company its first lawsuit from a major media company. The US publishing house Penske Media with titles such as "Rolling Stone" and "Hollywood Reporter" accuses Google of abusing a monopoly in web search with the function. Google rejected the accusation.

Lawsuit: users no longer have to visit the websites

In the lawsuit, Penske Media points out that the summaries created with the help of artificial intelligence often already answered the user's query. As a result, they often no longer visit the websites from which the information originated. However, media that offer their content free of charge are dependent on this in order to finance themselves through advertising. The media company emphasized that Google now wants to become a destination for users itself instead of being a hub on the way to other websites.

According to Penske Media, this is only possible because Google has a monopoly on web searches. Website operators must therefore accept that the internet company also reserves the right to use the content of the pages for its AI when capturing the network for the search engine. This is a violation of US competition law. Penske Media took the case to the court in Washington, which last year established Google's monopoly in web search.

Google: AI overviews are more helpful

A Google spokesperson countered that users find web searches with AI summaries more helpful and use them more. This also creates new opportunities to discover content online. Google forwards "billions of clicks" to other websites every day - and with the AI overviews, their circle is becoming more diverse.

The internet company is being targeted by new rivals who promise to use artificial intelligence to provide users with direct answers instead of links to information on other websites. Google has been increasingly expanding the use of AI summaries since last year. So far, the internet company's business has been growing rapidly despite the new rivals.

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18 Comments

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Welcome back to Germany.

Even if the plaintiff may be right, Google's functions are too good to go back to what felt like 1999. That would definitely continue to prevail.
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@Iwamoto thanks, yes, now I'm on the ICE
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@Iwamoto It's a double-edged sword - Google is good at summarizing information that it currently collects for free from other sites. If you take away the sources of income from these sites due to a lack of "clicks", Google will soon have nothing left to "summarize". Google itself does not generate any content - "it's all just stolen".
If Google does not commit to sharing the profits fairly, it will deprive itself of the basis for its business model 🤷‍♂️
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Thank you ☺️
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Frankfurt is really the worst. Been there 3 times 3 times suitcases did not come on the onward flight
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@Lumimyrsky Don't say that - I have to go back to Leipzig via Frankfurt in a few days :D
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My condolences :D
To be honest, I'm surprised that it took about 1/2 year? until someone complained here - was predictable and will disappear into thin air:)
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@MaxtheCat Yes, and it is also clear who is suing. A thoroughly left-wing media company.
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I've experienced something similar in Düsseldorf.
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@Tenbagger2024 times can happen. Bad weather etc. But in Frankfurt there is a system. You can only book the train once you have your luggage. So I wouldn't buy Fraport shares.
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Dortmund and Paderborn are quite pleasant airports 😉
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@Hotte1909 I've heard this before. But there are no direct flights to Bangkok or similar long-haul destinations.
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@Multibagger No, that's right. The big planes probably can't even land/take off there 😀
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Düsseldorf is worse when it comes to luggage. I always wonder how it can be so heavy
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Welcome back. The smaller airports like Dortmund are usually a lot less complicated 😉
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$GOOGL currently still a clear buy! 🫡
Absolutely brilliant how our Google is running 👍😎 in 10 years I have a divi return of 5-6% of course estimated and without guarantee...but additionally motivates to hold hold hold hold 😎
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