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Thursday, September 3, 2026 · UTC
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Judge Rejects DOJ Bid to Force Sale of Google AdX

U.S. District Judge Leonie Brinkema rejected the DOJ's request to force Google to sell its AdX advertising exchange.

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As of 2026-09-03 04:21 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
U.S. District Judge Leonie Brinkema in Alexandria, Virginia, rejected the Department of Justice's bid to require Google to sell AdX, the company's advertising exchange where publishers pay Google a 20% fee to sell ads through auctions. [1] Duolingo stock rose 3.8% in pre-open trading after Evercore ISI analyst Mark Mahaney issued a high-profile upgrade to Outperform from In Line early this morning. [2] Evercore ISI simultaneously doubled the firm's price target to $210, implying more than 40% upside from recent trading levels. [3] Uber announced on Wednesday that it will reduce its global workforce by approximately 10% as part of a major organizational restructuring. [4] Uber announced on Wednesday that it will lay off approximately 3,000 employees globally, representing about 10% of its workforce of 34,000. [5] Uber plans to invest up to $10 billion over the next few years in autonomous vehicle technology, a figure equivalent to its net profit in 2025. [6] Uber CEO Dara Khosrowshahi announced on September 2, 2026, that the company will lay off approximately 10% of its global workforce, affecting around 3,000 employees. [7] On 2026-09-02, Uber CEO Dara Khosrowshahi said in a message to employees that the company would lay off about 10 percent of its workforce as part of 'significant organizational changes.' [8] Judge Leonie Brinkema accepted most of the behavioral remedies proposed by the parties in the case. [9] Judge Leonie Brinkema ruled in April 2025 that Google held illegal monopolies over publisher ad servers and ad exchanges and had unlawfully tied publishers using its ad server to its AdX exchange. [10] The Department of Justice and a coalition of states sued Google in 2023, alleging that the company dominated markets for advertising technology used by online publishers and websites. [11] The upgrade was anchored in a valuation framework of 20 times 2028 EBITDA and was accompanied by a meaningful lift to forward earnings estimates. [12]
What this stands on
  1. U.S. District Judge Leonie Brinkema in Alexandria, Virginia, rejected the Department of Justice's bid to require Google to sell AdX, the company's advertising exchange where publishers pay Google a 20% fee to sell ads through auctions. · PYMNTS.com
  2. Duolingo stock rose 3.8% in pre-open trading after Evercore ISI analyst Mark Mahaney issued a high-profile upgrade to Outperform from In Line early this morning. · Investing.com
  3. Evercore ISI simultaneously doubled the firm's price target to $210, implying more than 40% upside from recent trading levels. · Investing.com
  4. Uber announced on Wednesday that it will reduce its global workforce by approximately 10% as part of a major organizational restructuring. · Le Devoir
  5. Uber announced on Wednesday that it will lay off approximately 3,000 employees globally, representing about 10% of its workforce of 34,000. · lanacion.com.arArgentina
  6. Uber plans to invest up to $10 billion over the next few years in autonomous vehicle technology, a figure equivalent to its net profit in 2025. · lanacion.com.arArgentina
  7. Uber CEO Dara Khosrowshahi announced on September 2, 2026, that the company will lay off approximately 10% of its global workforce, affecting around 3,000 employees. · Portafolio
  8. On 2026-09-02, Uber CEO Dara Khosrowshahi said in a message to employees that the company would lay off about 10 percent of its workforce as part of 'significant organizational changes.' · The HinduIndia
  9. Judge Leonie Brinkema accepted most of the behavioral remedies proposed by the parties in the case. · PYMNTS.com
  10. Judge Leonie Brinkema ruled in April 2025 that Google held illegal monopolies over publisher ad servers and ad exchanges and had unlawfully tied publishers using its ad server to its AdX exchange. · PYMNTS.com
  11. The Department of Justice and a coalition of states sued Google in 2023, alleging that the company dominated markets for advertising technology used by online publishers and websites. · PYMNTS.com
  12. The upgrade was anchored in a valuation framework of 20 times 2028 EBITDA and was accompanied by a meaningful lift to forward earnings estimates. · Investing.com
They publish from Argentina, India. 4 could not be placed by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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They publish from Argentina, India. 4 could not be placed by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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