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The Hipolito F. Garcia Federal Building and United States Courthouse in San Antonio, TX.
Explainer

Google Keeps the Auction and Gets a Referee Instead

A federal judge declined to make Google sell the ad exchange she had already found it used to monopolise the market. The remedies are behavioural — open the bids, drop the pricing rules, end first and last look. Every one of them is a rule that somebody has to keep watching.

Woman browsing shelves in a library archive
Media

The Archive Turns Out to Be the Asset

Publishers spent two decades treating back catalogue as storage cost. The same material is now the thing buyers want, and the ones who kept clean rights records are discovering how few of their competitors did.