Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) may face a civil lawsuit from Mexico after Google renamed the “Gulf of Mexico” to the “Gulf of America” for U.S. users on Google Maps. Mexican President Claudia Sheinbaum criticized the change, stating that the internationally recognized name is “Gulf of Mexico” and that the U.S. has no authority to enforce such a renaming beyond its territorial waters. Sheinbaum urged Google to reverse the decision, warning that Mexico could take legal action if the company does not comply.
As of the latest trading session, Alphabet Inc. (NASDAQ:GOOGL) is trading at $2,950.00 per share, reflecting a 0.5% increase from the previous close. The company’s market capitalization stands at approximately $1.95 trillion, with a 52-week range of $2,500.00 to $3,200.00.
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About Alphabet Inc.
Alphabet Inc. is a multinational conglomerate headquartered in Mountain View, California. It is the parent company of Google and several former Google subsidiaries. Alphabet’s portfolio encompasses a wide range of industries, including technology, life sciences, investment capital, and research. The company’s mission is to organize the world’s information and make it universally accessible and useful.
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