India’s antitrust watchdog has ordered an investigation into allegations that Google has abused the dominant position of Android in the country’s smart TV market. The news comes hours after the European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector. In its initial review, the Competition Commission of India, which began looking into these allegations last year, said Google had… Source link

Googleplex headquarters in Mountain View, California. Bloomberg | Bloomberg | Getty Images Alphabet‘s Google plans to shut down a long-running program aimed at entry-level engineers from underrepresented backgrounds after participants said it enforced “systemic pay inequities,” according to internal correspondence seen by Reuters. Google confirmed it was replacing the Engineering Residency with a new initiative, saying it is “always evaluating programs to ensure they evolve and adapt over time… Source link

Google headquarters in Mountain View, California.  Stephen Shankland/CNET Google on Tuesday… Source link

Stocks extended gains on Tuesday, with equities steadying following concerns over the path forward for monetary policy.  The S&P 500 advanced to end within striking distance of a record high. The Dow also added to gains, a day after the 30-stock index jumped by the most since March. The Nasdaq reached a record intraday and closing high. Cryptocurrency prices were broadly lower as concerns over tighter regulatory actions from China continued to weigh, and tokens from Bitcoin (BTC-USD) to the… Source link

(Bloomberg) — For 110 years, four generations of Mills family members earned their money by expanding their great-grandfather’s Chicago apron business into a medical supplier that ranked among the nation’s largest private companies. But soon after Democrats turned their attention toward raising taxes for the wealthy this year, the family signed a deal to cash out billions. It was no coincidence, according to people close to the more-than $30 billion transaction, which sold part of Medline… Source link

Google’s G logo. Stephen Shankland/CNET An update to the Google app appears to be causing a lot of frustration for… Source link

Bitcoin (BTC-USD) fell more than 11% Tuesday morning after China ramped up its crackdown on cryptocurrency mining. The cryptocurrency, which in April had risen higher than $60,000, plunged to a value of under $30,000 and saw all 2021 gains disappear. It rose back up a little past $30,000 later in the morning but remained down several points from the day before. The dramatic fall comes as China has taken steps to further restrict Bitcoin mining and trading within its territory. China released a… Source link

Email campaigns are an essential part of any company’s marketing stack. Hubspot estimates that email marketing generates $38 for every dollar spent, putting it far ahead of other popular forms of marketing such as paid advertising and influencer marketing. Q1 2021 hedge fund letters, conferences and more One of the reasons for this is that emails are personal in nature. Anyone who decides to give you their address is qualifying themselves as being interested in learning more about what you… Source link

The European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector, the most wide-ranging case yet to look at that pillar of the tech giant’s business. The European Commission, the EU’s top antitrust enforcer, said Tuesday that its investigation, which has been under way informally since at least 2019, will look at a broad array of allegedly anticompetitive business practices around the Alphabet Inc…. Source link

The government’s attempt 20 years ago to split up Microsoft failed, and sanctions didn’t break its hold on the desktop, but many of Windows’ current challenges stem from how the company reacted to its years of fighting regulators around the world. Why it matters: Facebook, Google, Amazon and Apple all face threats from regulators. Even if the companies win those conflicts, just fighting the battle can put them at a disadvantage. The big picture: The direct consequences of antitrust action… Source link