SOPA Images | Contributor | Getty Images LONDON — Google said Tuesday that it will stop charging a fee for search engines to appear in a list of default search engines on Android that’s exclusive to European users. The so-called “choice screen” was introduced by Google in 2019 in response to a record $5 billion antitrust fine from the European Union targeting anti-competitive practices in its smartphone software. Search engines would have to take part in blind auctions in which they bid to… Source link

Ohio Attorney General Dave Yost has filed a lawsuit asking a court to declare Google a public utility that should be regulated as such. “Google uses its dominance of internet search to steer Ohioans to Google’s own products – that’s discriminatory and anti-competitive,” Yost said in a statement. “When you own the railroad or the electric company or the cellphone tower, you have to treat everyone the same and give everybody access.” The lawsuit, filed in Delaware County Common Pleas… Source link

Beloved burger and Frosty chain Wendy’s (WEN) has won the honor of being the first fast-food stock to get roped into the red-hot meme stock trade. Shares of Wendy’s spiked 16% in early afternoon trading on Tuesday after a favorable mention by traders on Reddit. The Wendy’s ticker page was the second most trafficked on the Yahoo Finance platform, behind other meme crowd favorite Clover Health (whose stock popped 55% out of nowhere). Wendy’s stock outperformed the slight decline in meme stock… Source link

COLUMBUS (WCMH) — Attorney General Dave Yost filed a state lawsuit Tuesday against Google, seeking to get it declared a public utility in Ohio. In a news release, Yost said he is seeking to rein in the ways that Google uses its search engine to provide results that favors its products. Columbus City Council repeals mask ordinance; mayor expected to sign this week “Google uses its dominance of internet search to steer Ohioans to Google’s own products — that’s… Source link

The 559,000 jobs the U.S. added in May continue to puzzle economists, who predicted 675,000 additions for the month and 1 million additions a month earlier as the economy recovers. They’ve put forth explanations from lack of child care to persistent COVID-related safety concerns. Now, another culprit can be added to the list: Some potential workers are instead staying home trading Bitcoin and other cryptocurrencies.  “They’re pulling back on the hours they’re looking to work based on what’s… Source link

The Washington Football Team is sending first day vibes the only way the younger generation knows how: a chalkboard sign.  The team opened its third phase of organized team activities (OTAs) on Tuesday with players in town for meetings and workouts. The social media team honored the milestone by having the players share the standard preschool introduction: year, teacher, height and friendships. Terry McLaurin and the young ones are into it. Ryan Fitzpatrick is not.   Fitzpatrick takes the… Source link

Google is ditching a massively unpopular auction format that underpins an choice screen it offers in the European Union, it said today. Eligible search providers will be able to freely participate. The auction model was Google’s ‘remedy’ of choice — following the 2018 EU $5BN antitrust enforcement against Android — but rivals have always maintained it’s anything but fair, as we’ve reported previously (here, here, here, for eg). The Android choice screen presents users in… Source link

(Bloomberg) — AMC Entertainment Holdings Inc. rose for a second day and Wendy’s Co., the latest addition to the retail-trader frenzy, climbed to a record amid a broader rally in meme stocks. Shares of the theater chain rose as much as 10%, adding to Monday’s 15% gain and continuing what’s been a wild ride for investors. Wendy’s jumped as much as 19% to notch a record as the fast-food restaurant operator gained traction on social media, including several touts on Reddit’s… Source link

It’s Kevin Durant and everyone else in the race for NBA Finals MVP. Yes, the Finals haven’t even started yet. Heck, the conference finals haven’t even started yet. But Durant is now down to +150 at BetMGM after his Brooklyn Nets took a 2-0 lead over the Milwaukee Bucks on Tuesday night in their second-round playoff series. “Kevin Durant is the betting favorite to win NBA Finals MVP. BetMGM has received the most tickets and handle on Durant to win the award moving his odds from +700 to… Source link

The Green Bay Packers kicked off their full squad minicamp Tuesday without Aaron Rodgers, marking the first time in Rodgers’ 16-year NFL career that he is a holdout.  The star quarterback appears to have now skipped the entire Packers offseason program, as he had already failed to show up for all three phases of the franchise’s voluntary workout sessions (also a first in his career). Unless he inexplicably decides to show up in the middle of camp, the next mandatory reporting date for… Source link