LONDON, July 19 (Reuters) – Google (GOOGL.O) faces a London trial over an estimated 920-milion-pound ($1.1 billion) damages claim after a court authorised a lawsuit that alleges the Alphabet-owned tech giant overcharged 19.5 million customers for app store purchases. The class action, which was certified by the Competition Appeal Tribunal on Monday, alleges Google abused its dominant position by charging up to 30% commission on popular apps on its Play Store, including Roblox, Candy Crush… Source link
Read More »Monthly Archives: July 2022
Russia Targets Apple And Google In Latest Anti-Silicon Valley Moves
Topline Russian authorities fined Apple and Alphabet’s Google this week, the latest crackdown from the Kremlin on American technology giants in wake of its Russian invasion of Ukraine. Russian authorities have cracked down on Apple recently. NurPhoto via Getty Images Key Facts Russia’s Federal Anti-Monopoly Service said Tuesday it plans to fine Apple an undetermined amount for alleged antitrust violations, saying in a statement Apple “abused its dominant… Source link
Read More »Google to allow app developers to use rival payment systems, to cut fees
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register BRUSSELS, July 19 (Reuters) – Alphabet (GOOGL.O) unit Google said it will from Tuesday cut fees to 12%, from 15%, for non-gaming app developers on its Google Play App Store which switch to rival payment systems, as it moves to comply with new EU tech rules. The world’s most popular internet search… Source link
Read More »49ers shift gears with Trey Lance at QB
Maybe the San Francisco 49ers should have built around Jimmy Garoppolo for at least another year. Perhaps they’d have won a Super Bowl. The 49ers blew a fourth-quarter lead in the NFC championship game to the Los Angeles Rams. The Rams didn’t take the lead until 1:46 remained. One play could have turned it. During that game, the third overall pick of the draft — who cost San Francisco three first-round picks and a third-rounder in a trade — was one of two 49ers players to not play a… Source link
Read More »Stock market news live updates: July 19, 2022
U.S. stock futures pointed to gains early Tuesday as investors geared up for another round of corporate earnings. Contracts on the benchmark S&P 500 index climbed 0.8% while futures tied to the Dow Jones Industrial Average added 200 points, or roughly 0.6%. Nasdaq futures rose 0.9%. Tuesday’s moves come after a rally in the previous session was reversed in the final hour of trading amid a report from Bloomberg News that indicated Apple (AAPL) plans to slow hiring and curb spending next year… Source link
Read More »Russia hits Google with a $375M fine for allowing ‘prohibited’ Ukraine news on its platforms – TechCrunch
Russia fined Google 21.1 billion rubles ($374 million) on Monday for repeatedly failing to “remove prohibited information” — content related to the country’s invasion and subsequent war in Ukraine. The country’s telecommunication watchdog Roskomnadzor cited a court order and said Google (particularly YouTube) didn’t take down content that discredited “the Armed Forces of the Russian Federation.” The watchdog’s press release also accused Google of… Source link
Read More »Why Google For Startups’ APAC Head Sees Huge Growth Potential For AI Startups In Asia
In his role overseeing Google’s startup support arm in Asia-Pacific, Mike Kim sees promising growth opportunities for AI startups in the region, thanks to government support for the increasingly important technology, a deep talent pool and in-a-hurry population, among other factors. The impatience of Asia’s Millennials and Gen Zers is one of many reasons why Mike Kim, the head of Google for Startups Asia-Pacific, sees strong growth potential for artificial intelligence startups in the… Source link
Read More »Hornets All-Star LaMelo Ball reportedly making long-awaited jersey switch from No. 2
LaMelo Ball has a strong aversion to the No. 2. So it’s odd that the Charlotte Hornets All-Star wore the number on his jersey for the first two seasons of his NBA career. He won’t moving forward. The Athletic’s Shams Charania reports that Ball has been granted approval to switch to No. 1 starting next season. Why the switch? Let Ball explain. Here he is during his season-ending news conference in April: “I ain’t supposed to wear 2 ever again in my life,” Ball told reporters. “I promise you. If… Source link
Read More »Big 12, Pac-12 officially end partnership talks
The potential for any sort of partnership between the Big 12 and Pac-12 reportedly went up in flames on Monday. As the SEC and Big Ten further distance themselves from the rest of the major collegiate conferences, a partnership between the Big 12 and Pac-12 was “discussed extensively the last two weeks,” according to ESPN’s Pete Thamel. However, after the two sides were unable to forge a union that was mutually beneficial, the talks officially ended Monday. According to ESPN, “a full… Source link
Read More »Mariners phenom Julio Rodriguez doubles salary in 1 night as runner-up
Julio Rodriguez didn’t technically win the 2022 MLB Home Run Derby, but it’s hard to not call him a winner after Monday. The Seattle Mariners outfielder, the overwhelming favorite to win AL Rookie of the Year, came up short in the final with a loss to Washington Nationals star Juan Soto, but managed to double his salary this season just by reaching that far. As USA Today’s Bob Nightengale noted after the event, the $750,000 payout Rodriguez receives as runner-up is more money than he will… Source link
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