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    GOOGLE APPEAL ANTITRUST RULING

    Rs 48 lakh in cash received from the sale of two properties, paid capital gains tax but received an income tax notice; taxpayer wins the case in ITAT Cuttack for this reason

    Mr. Purushottam residing in Kabisurya Nagar, encountered a penalty for accepting cash payments linked to his property sales. He sold two properties totaling Rs 47.54 lakh and declared these earnings accurately. Despite paying the required capital gains tax, an investigation by the Assessing Officer into the cash dealings led to a penalty.

    Google acquires Wyoming data center site from AI infrastructure firm Crusoe

    Google has acquired Crusoe's data center site in southeast Wyoming, the AI infrastructure developer said on Friday, a day after the Alphabet unit announced a $17-billion investment in the project.

    Google executive Donald Harrison resigns from SpaceX board

    Donald Harrison has resigned from SpaceX's board after more than ten years of service. He notified the company of his decision, which took effect immediately on November 4. Elon Musk commented that the resignation was due to conflicts of interest related to Alphabet, Google's parent company. Google remains a major institutional holder of SpaceX shares after slightly increasing its position this week.

    Anna Nicole Smith won $474 million in her fight over her billionaire husband's fortune, but the Supreme Court took it all away; what happened?

    After his death, Smith began a legal battle over his estate in Texas. She challenged the inheritance arrangements and argued that she was entitled to a share of her husband's wealth. The Texas probate proceedings did not go in her favour. The dispute then moved into federal bankruptcy proceedings in California. Smith's stepson, E. Pierce Marshall, had filed a defamation claim against her in those proceedings.

    Google sued over suicide-related AI chats on school computer

    The parents of a 13-year-old girl have sued Google claiming she planned a potential suicide and funeral using its AI technology on a school-issued computer. Developers of fast-evolving AI technology are facing a litany of similar lawsuits in the US. OpenAI faces several wrongful death suits, including from the parents of 16-year-old Adam Raine, a teenager who committed suicide allegedly using methods advised by ChatGPT. Google and the startup Character.

    Big tech, green groups in talks over data center guardrails

    The "Responsible Data Center Collaborative" counts Google, Meta, Microsoft, Oracle, Amazon, Nvidia and Anthropic among its members, alongside environmental stalwarts the Natural Resources Defense Council (NRDC), World Wildlife Fund (WWF) and Sierra Club.

    The Economic Times
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