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

Theranos founder Elizabeth Holmes exits Robert F. Peckham U.S. Courthouse with her attorneys after the first day of federal court hearings, in San Jose, California, U.S. May 4, 2021. REUTERS/Kate Munsch A battle over who ends up on the jury that decides the fate of former media darling and Silicon Valley entrepreneur, Elizabeth Holmes, is heating up in the months before her criminal trial is set to begin. In a motion filed Monday, federal prosecutors accuse Holmes’ of “gamesmanship” for… Source link

The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau Alphabet (GOOGL.O) unit Google has bowed to pressure from rivals and will let them compete for free to be the default search engines on Android devices in Europe, widening a pledge to EU antitrust regulators two years ago. The move by the world’s most popular internet search engine comes as the 27-country bloc considers rules that… Source link

Bloomberg TPG-Backed PropertyGuru Eyes $2 Billion Thiel SPAC Deal (Bloomberg) — Bridgetown 2 Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel, is in advanced talks to merge with Singapore’s online real estate firm PropertyGuru Pte, according to people with knowledge of the matter.The special purpose acquisition company has been in discussions with PropertyGuru on the potential deal, which could be announced as soon as next month, said the people, who… Source link

A huge internet outage has affected large swaths of the internet, including major sites like Amazon, Reddit, Twitter and Twitch, along with news sites including the New York Times and The Guardian. The source of the problem is the Fastly content delivery network (CDN), which has confirmed a global disruption. On its status page, Fastly said “we’re currently investigating potential impact to performance with our CDN services.”  Other affected sites include Stack Overflow, GitHub, gov.uk,… Source link

Former US president Donald Trump said he doesn’t like bitcoin ‘because it’s another currency competing against the dollar.’ Photo: AP Cryptocurrencies continue a bout of volatility as they plunged on Tuesday morning, after former US president Donald Trump said bitcoin was a “scam”. “Bitcoin, it just seems like a scam,” he told Fox Business. “I don’t like it because it’s another currency competing against the dollar… I want the dollar to be the currency of the world. That’s what… Source link

The exhibition boxing match between Floyd Mayweather and YouTuber Logan Paul generated plenty of conversation among other professional fighters. A big topic of the conversation among them was the amount of money the fighters earned. Mayweather told Yahoo Sports before the bout that he expected to make between $50 million and $100 million for the fight. At the news conference afterward, he said he got $30 million alone for the ads on his ring attire. Paul said before the fight he expected to… Source link