Alphabet (GOOGL) agreed to settle two class action lawsuits regarding unauthorized data collection via Android and Google Assistant, committing to a total payment of over $200 million.
- The settlement mandates significant redesigns to user data controls, privacy terms, and setup flows.
- These changes will affect hundreds of millions of users and core services, including Search, YouTube, and AI products.
- Amid broader tech sector declines, GOOGL is trading at $332.96, down 0.91%.