These proposals were filed with a US federal court late on Wednesday and also asked for a divestment of Google's Android operating system, or a contingent Android divestment based on the effectiveness of other conduct-based remedies.
DOJ prosecutors also called for Google to divest within six months any investment or ownership in rival query-based artificial intelligence products, as well as rival advertising technology products and search distributors.
Google said in a statement on Thursday that the "DOJ chose to push a radical interventionist agenda that would harm Americans and America’s global technology leadership" and that its proposal "goes miles beyond the court’s decision".
In terms of next steps, District of Columbia district court judge Amit Mehta, who sided with the DOJ’s monopoly argument, will now decide what should happen next in a separate "remedies" phase of the trial that will likely start in 2025.
Shares in Google's parent company Alphabet closed Thursday's session 4.5% in the red and were muted in pre-market trading on Friday morning.
Shares in social media platform Reddit were down 7% in pre-market trading on Friday, following a report that one of its biggest shareholders plans to borrow against their stake.
Bloomberg reported that Advance Magazine Publishers, which is part of the Newhouse family's publishing empire and owns Condé Nast, is looking to establish a credit facility using an equity stake valued at as much as $1.2bn (£957m).
Advance Publications reportedly made a windfall of nearly $2bn when Reddit went public on the New York Stock Exchange in March.
The fall in shares in after hours trading, came after the stock surged 16% in Thursday's session. This followed Reddit saying that it had rolled out a fix for an outage that affected thousands of US users, according to Reuters.
Shares in Gap were up 15% in extended hours trading, after the US fashion retailer lifted its annual sales target on the back of a "strong" start to the holiday season.
The retailer's third quarter results were mixed, with revenue of $3.8bn narrowly missing estimates of $3.81bn, though adjusted earnings per share of $0.72 came in ahead of expectations of $0.58.
Richard Dickson, president and CEO of Gap Inc, said: "Holiday is off to a strong start and we remain focused on executing with excellence in the fourth quarter.
"Our performance year-to-date gives us the confidence to raise our full year outlook for sales, gross margin and operating income growth."
Gap said its net sales outlook for the 2024 full year was now up 1.5% to 2% growth on last year's figure of $14.9bn.
Speaking to Yahoo Finance, Morningstar equity analyst David Swartz said: "The strongest brand that Gap has is certainly Old Navy. Old Navy generates most of Gap's sales and profit, and it does have an advantage in that it has low-priced merchandise.
"It does appeal to wide demographic groups, both [for] adults and children. I think it does really fit with the way that people shop today. So Gap really leads with Old Navy."
“We spend more time arguing amongst ourselves than thinking about how we’re going to beat Airbus," he said.
The plane maker has faced a number of challenges, including financial losses and strike action.
A worker adjustment and retraining notification of layoff and closure information for Washington this week showed that Boeing was planning to layoff 2,199 people in the state, starting next month.
A spokesperson for Boeing had not responded to Yahoo Finance UK's request for comment at the time of writing.
Budget airlines Ryanair, easyJet (EZJ.L), Spain's Vueling and Volotea, as well as, Norwegian Air Shuttle, have been fined a combined €179m (£148m) by Spain's consumer rights ministry.
In a statement released Friday, the ministry said the fines were over "abusive practices such as charging extra for hand luggage or reserving adjacent seats to accompany dependent persons", according to a translation.
The ministry said that Ryanair would be fined €107m, while International Airlines Group's (IAG.L) Vueling would be fined €39m and €29m for easyJet. Norwegian was set to be fined €1.6m and €1.2m for Volotea.
Spanish airlines industry group ALA reportedly said it would appeal the fine in court, according to Reuters. The industry group reportedly called the decision "nonsense".
Ryanair and easyJet shares were muted on Friday morning, while IAG shares were down less than 1%.
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Other companies in the news on Friday 22 November:
