Lawmakers Demand Google Exclude Employee Data From Spirit Airlines AI Deal
GOOG sits 46% above its 52-week low of $236.685.
Summary
More than 120 US lawmakers, led by Senator Elizabeth Warren and Representative Steven Horsford, are raising concerns about Google's $10 million acquisition of defunct Spirit Airlines' internal data for AI training. The deal includes 100 million emails, 500 million Microsoft Teams messages, and other employee records. Lawmakers are asking Google to exclude employee information from the transaction. This is a new regulatory and privacy risk for Alphabet, adding to existing scrutiny over its AI data practices. The request could delay or alter the deal, and signals potential legislative action on AI data usage.
At the time of this announcement, GOOG was trading at $344.43 on NASDAQ in the Technology sector, with a market capitalization of approximately $4.2T. The 52-week trading range was $236.69 to $404.47. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.