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CANBERRA, Australia (AP) — Google broke Australian law by misleading users about personal location data collected through Android mobile devices, a judge found Friday. The Federal Court decision was a partial win for the Australian Competition and Consumer Commission, the nation’s fair trade watchdog, which has been prosecuting Google for broader alleged breaches of consumer law since October 2019. Justice Thomas Thawley found that Google misled Android mobile device users about personal… Source link

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Bloomberg As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away (Bloomberg) — British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty House Group.Four banks stopped working with Gupta’s commodity trading business, starting in 2016, after they became concerned about what they… Source link

CANBERRA – Google broke Australian law by misleading users about personal location data collected through Android mobile devices, a judge found Friday. The Federal Court decision was a partial win for the Australian Competition and Consumer Commission, the nation’s fair trade watchdog, which has been prosecuting Google for broader alleged breaches of consumer law since October 2019. Justice Thomas Thawley found that Google misled Android mobile device users about personal location data… Source link

The New York Times ‘No Victory Dance’: Veterans of Afghan War Feel Torn Over Pullout Was it worth it? After two decades of midnight watches and gut-twisting patrols down bomb-riddled roads, after all the deaths and bloodshed and lost years, that was the one inescapable question on Wednesday among many of the 800,000 Americans who have served in Afghanistan since 2001. “There’s no easy answer, no victory dance, no ‘we were right and they were wrong,’” said Jason Dempsey, 49, who… Source link

Bloomberg Coinbase Hits $100 Billion Then Slips in Landmark Crypto Listing (Bloomberg) — Cryptocurrency exchange Coinbase Global Inc. soared above a $112 billion valuation in its trading debut Wednesday, then slipped back below its opening price as Bitcoin fell from record highs and tech stocks fell across the board.The massive valuation, which dwarfs more traditional financial companies including Intercontinental Exchange Group Inc. and Nasdaq Inc. itself, is a landmark moment for the crypto… Source link

A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Australia’s federal court found Alphabet Inc’s (GOOGL.O) Google misled consumers about personal location data collected through Android mobile devices, the country’s competition regulator said on Friday. The tech giant has been embroiled in legal action in the country in recent months as the government mulled and later passed a law to make Google and Facebook (FB.O) pay media… Source link

The stock of Yandex NV (NAS:YNDX, 30-year Financials) gives every indication of being fairly valued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus’ estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future… Source link