In a 7-2 decision, Canada's Supreme Court ruled on Wednesday that Canadian courts can force Alphabet's (GOOGL) - Get Report Google to remove certain Internet search results worldwide.

The case stems from Canadian company Equustek Solutions, a manufacturer of networking technology, which had successfully sued another company for re-labeling its products and passing them off as their own.

At first, Google was permitted to voluntarily take down the search results directing users to the offending company's website. But the material continued to show up on Google's global search results.

Equustek then won a separate case ordering Google to remove the website from its global search results. 

Canada's Supreme Court backed that ruling and concluded that a court within the country can hand down an order blocking conduct anywhere in the world when it is necessary to ensure the ruling's effectiveness.

What's Hot On TheStreet

The stock market may be overvalued: Now may be the time to pay extra attention to red-hot tech stocks such as Apple (AAPL) - Get Report and Facebook (FB) - Get Report. As TheStreet first reported Tuesday afternoon, asset valuations are somewhat "rich" by standard metrics, Federal Reserve Chair Janet Yellen said in London during a conversation about economic issues with British Academy President Lord Nicholas Stern. Yellen's comments on equity valuation and bank strength closely mirrored Fed Vice Chairman Stanley Fischer's from an IMF event held earlier in the day.

The iPhone has changed how you make money: TheStreet's Scott Gamm is out with a piece that will really get you thinking. Apple's iPhone will turn 10 years old on Thursday. The device not only turned Apple into one of the world's most valuable companies, helping to boost its stock price more than 700%, it also changed the way we invest and trade stocks Gamm points out.

In fact, the original iPhone -- and the current versions -- have an internal stocks app, allowing users to check the broader market indexes and individual stock prices. Having this in your pocket was a big deal 10 years ago.

"I think it's actually made the life for a typical investor much easier," Angelo Zino, an analyst with CFRA Research, told TheStreet. "I think they've been able to tap news flows much quicker."

Apple, Walgreens Boots Alliance and Facebook are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL, WBA and FB? Learn more now.

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