The European Commission published preliminary measures on April 16 requiring Google to share anonymised search data with rival search engines and AI services under the Digital Markets Act. The proposal follows January 2026 proceedings to define Google's compliance obligations after Alphabet was designated a DMA gatekeeper in September 2023. A final, binding decision is expected by July 27, 2026, with public feedback accepted until May 1. Under the proposed terms, Google would share user queries, clicks, rankings, and search results page data with eligible third parties operating in the European Economic Area, including AI chatbots with search functionality. Access would flow through APIs at the same frequency Google uses the data internally, with a five-year retention requirement. Pricing is capped at incremental cost plus a reasonable return, limiting Google's ability to price out smaller competitors. The Commission's core argument is that exclusive control over search data gives Google a structural advantage that compounds as search and AI converge. Privacy safeguards include IP address removal, restrictions on rare or sensitive queries, and audit obligations on data recipients. Google is resisting, with senior competition counsel Clare Kelly warning that the privacy protections are "dangerously ineffective." Non-compliance carries DMA fines of up to 10% of global annual revenue. The feedback window and July deadline make this a live regulatory pressure point for Alphabet investors and competitors building on search or AI infrastructure.
India's Expenditure Finance Committee has cleared a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, up 64 percent from ISM 1.0's Rs 76,000 crore. The proposal now goes to the Cabinet, as two chip plants begin commercial output and a third, CG Semi, is set to open July 4, 2026.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.
The US Supreme Court, splitting along ideological lines, has allowed the Trump administration to end Temporary Protected Status for Haitian and Syrian immigrants.
