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Google Finally Settles Book Lawsuit

Google Inc. (NASDAQ:GOOG) has settled a digital book lawsuit with publishers after seven years.

Google Finally Settles Book Lawsuit

The tech giant Google Inc. (NASDAQ:GOOG) announced that it has reached a settlement with the Association of American Publishers to resolve a seven year long legal battle over digital copyrights.

The settlement allows the publishers to choose whether Google Inc. (NASDAQ:GOOG) digitizes their books and journals.

Tom Turvey, the director of strategic partnerships at Google Inc. (NASDAQ:GOOG), said, “What’s really exciting about today’s settlement is the fact that Google will be getting access to books that have long been out of print, that are in copyright. It’s good for users who weren’t able to buy them before, and for publishers”.

Google Inc. (NASDAQ:GOOG) stocks were at 768.05 at the end of the last day’s trading. There’s been a 29.7% change in the stock price over the past 3 months.

Google Finally Settles Book Lawsuit
Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 4 out of 33 in the industry

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