Google Squirrels Away $500 Million, but Why?

Company prepared to pay following DoJ investigation results

Some have rainy day savings. Google has government investigation payoff savings. The search engine giant reported setting aside $500 million in anticipation of the results of a government investigation currently under way.

The company said it put aside the money in connection with a Department of Justice investigation of the company’s advertising scheme, but further details are sparse. It is unclear what the money would actually be used for, and neither Google nor the Department of Justice elaborated on the exact matter being investigated.

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