Whether you own shares of a newly public company or one of the world's most dominant technology enterprises like Alphabet (NASDAQ: GOOG), it's been a rough year. Specifically, Alphabet is down 35% from its high, its largest decline since the Great Recession. Companies that advertise to make money, like Alphabet, are pointing out economic turbulence on the horizon and bracing for a more challenging operating environment.
WASHINGTON (Reuters) -The U.S. Supreme Court on Monday agreed to hear a challenge to federal protections for internet and social media companies freeing them of responsibility for content posted by users in a case involving an American student fatally shot in a 2015 rampage by Islamist militants in Paris. The justices took up an appeal by the parents and other relatives of Nohemi Gonzalez, a 23-year-old woman from California who was studying in Paris, of a lower court's ruling that cleared Google LLC-owned YouTube of wrongdoing in a lawsuit seeking monetary damages that the family brought under a U.S. anti-terrorism law.