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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Alphabet Inc.    GOOGL

ALPHABET INC.

(GOOGL)
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Delayed Quote. Delayed Nasdaq - 08/12 04:00:00 pm
1507.24 USD   +1.80%
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Alphabet : YouTube not liable for illegal copyrighted works on its platform, EU court adviser says

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07/16/2020 | 06:42am EDT
FILE PHOTO: A 3D-printed YouTube icon is seen in front of a displayed YouTube logo in this illustration

Google's YouTube and other online platforms are not liable when users upload illegal copyrighted works onto their platforms but rightholders can ask for injunctions against the companies, a European Union Court of Justice adviser said on Thursday.

EU judges, who have followed such opinions in four out of five cases, rule on the issue in the coming months.

"As EU law currently stands, online platform operators, such as YouTube and Uploaded, are not directly liable for the illegal uploading of protected works by the users of those platforms," Advocate General Saugmandsgaard said in a non-binding opinion relating to two cases before the court.

The cases are C-682/18 YouTube & C-683/18 Cyando.

(Reporting by Marine Strauss; Editing by Edmund Blair)

By Marine Strauss
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Financials (USD)
Sales 2020 172 B - -
Net income 2020 30 606 M - -
Net cash 2020 121 B - -
P/E ratio 2020 33,6x
Yield 2020 -
Capitalization 1 007 B 1 007 B -
EV / Sales 2020 5,14x
EV / Sales 2021 4,18x
Nbr of Employees 127 498
Free-Float 90,3%
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Mean consensus BUY
Number of Analysts 44
Average target price 1 709,84 $
Last Close Price 1 480,54 $
Spread / Highest target 34,4%
Spread / Average Target 15,5%
Spread / Lowest Target -16,4%
EPS Revisions
Managers
NameTitle
Sundar Pichai Chief Executive Officer & Director
John LeRoy Hennessy Chairman
Ruth M. Porat Chief Financial Officer & Senior Vice President
Lawrence E. Page Director
Sergey Mikhaylovich Brin Director
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