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Google settles shareholder lawsuit, will spend $500M on being less evil
It has become a common refrain during Google's antitrust saga: What happened to "don't be evil?" Google's unofficial motto has haunted it as it has grown ever larger, but a shareholder lawsuit sought to rein in some of the company's excesses.
Google wants to settle with shareholders worried about antitrust.
The Financial Times reports that parent company Alphabet has proposed to spend $500 million over 10 years altering its compliance structure, in a bid to satisfy shareholders who’d sued over the company’s repeated exposure to antitrust investigations.
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