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GOOG
Business Insider
150 days

Google says a scam network made thousands of fake businesses on Google Maps to collect and sell user data

1. Google sued a man for creating fake business listings on Maps. 2. The scam involved selling users' data from phony businesses. 3. The lawsuit highlights ongoing fraudulent conduct affecting Google's reputation. 4. Google aims to protect users with legal action against such scams.

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FAQ

Why Bearish?

This lawsuit could hurt Google's reputation and user trust, historically affecting stock prices negatively.

How important is it?

Legal troubles impact investor confidence, influencing GOOG's stock performance.

Why Short Term?

Reputation damage can lead to immediate investor reactions, similar to past incidents.

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