By Jody Godoy
(Reuters) -A judge handed Alphabet’s Google a key victory on Tuesday, ruling against U.S. prosecutors’ bid to make the tech giant sell off its popular Chrome browser and Android operating system that was part of a larger antitrust crackdown on Big Tech, but ordering Google to share data with rivals to open up competition in online search.
Alphabet shares were up 7.8% in extended trading on Tuesday as investors cheered the judge’s ruling.
While sharing data with competitors will strengthen Google’s rivals to its market-dominating advertising business, not having to sell off Chrome or Android removes a major concern for investors who view them as key pieces to Google’s overall business.
Deepak Mathivanan, an analyst for Cantor Fitzgerald, said the data-sharing requirements