You Yougled GooTube... Must be the stress. Google shares ticked down for the week after it was served a hearty plate of antitrust salad. Ten states sued Google on Wednesday, accusing it of running an illegal digital ad monopoly. Then, on Thursday: 38 states joined an antitrust lawsuit that alleges Google used anti-competitive tactics to protect its search monopoly. For example: by paying Apple billions to be the default search engine on iPhone. If Google loses the suit, it might have to split off its Search biz.
Niet good... SolarWinds' network-monitoring software is used by multiple US federal agencies and most Fortune 500 companies. Usually, that's a major flex — now, not so much: last week, we learned that SolarWinds' software was hacked (likely by Russia). That led to a breach of the US Treasury and Commerce departments, and possibly the Department of Homeland Security (yikes). SolarWinds stock plunged 40% for the week, while cybersecurity stocks like FireEye (which was also hacked) soared.