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Google commits $500m to compliance overhaul

The exterior of the new headquarters of Google is seen at 550 Washington Street in Hudson Square on January 09, 2024 in New York City.
Photo: Michael M. Santiago/Getty Images

Lawyers claim investment signals major shift in how search giant will manage regulatory risk.

Google, a subsidiary of Alphabet Inc., has agreed to invest $500m over the next decade to significantly revamp its compliance operations. This commitment comes as part of a preliminary settlement, filed on May 30, in a shareholder derivative lawsuit that accused the tech giant’s executives and directors of exposing the

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