(Bloomberg) — An Indian appeals court declined to grant any immediate relief to Alphabet Inc.’s Google in a case over a fine of 9.36 billion rupees ($115 million) for abusing its dominant position in the market. Most Read from Bloomberg The National Company Law Appellate Tribunal directed the US tech giant on Wednesday to deposit 10% of the penalty, which was slapped by the Competition Commission of India after hearing a case related to its Play Store policies. The amount has to be… Source link

PTI New Delhi, January 11 The Supreme Court on Wednesday agreed to hear a plea of US tech giant Google against an order of the National Company Law Appellate Tribunal (NCLAT) refusing an interim stay on the competition regulator imposing a Rs 1,337 crore penalty on it. A bench comprising Chief Justice DY Chandrachud and Justice PS Narasimha took note of the submissions of senior advocate AM Singhvi, appearing for the… Source link

Last Wednesday, the National Company Law Appellate Tribunal (NCLAT) refused to halt a Competition Commission of India order that requires Google to make changes to its Android ecosystem. Now, the search giant has asked the Supreme Court to halt the order, saying it would cause “lasting and irreparable harm” to Google, device manufacturers, app developers, Indian consumers, and the wider economy. Also in this letter:■ Ola Financial stops lending through Avail Finance app■ Flipkart… Source link

Host Jerrod Carmichael speaks onstage at the 80th Golden Globe Awards held at the Beverly Hilton Hotel on Jan. 10, 2023 in Beverly Hills, Calif. (Photo: Rich Polk/NBC via Getty Images) After a tumultuous hiatus, the Hollywood Foreign Press Association hoped to restart Hollywood’s biggest party with the 80th Golden Globes. But the show’s host, Jerrod Carmichael, had some honest words to share before the festivities started. Rather than talk around the reasons for the ceremony’s absence from… Source link

It appears fans did not feel like watching most of Monday’s College Football Playoff title game between Georgia and TCU, and it’s difficult to blame them. The 65-7 show of force from Georgia on its way to a second consecutive national championship drew only 17.223 million viewers for ESPN’s family of channels, according to Austin Karp of Sports Business Journal. That number reportedly makes the Bulldogs’ win the least-watched college football title game since the beginning of the BCS in… Source link

Wells Fargo (WFC) Wells Fargo announced it will create a more focused home lending business. The bank’s move comes amid with a stagnant housing market. Mortgage rates above 6.5% have put a damper on lending for property purchases and refinance agreements. Home mortgages is an industry in which Wells Fargo has been a dominant player. “Mortgage is an important relationship product, and our goal is to continue to be the primary mortgage lender to Wells Fargo bank customers as well as minority… Source link

JPMorgan (JPM) Chief Executive Jamie Dimon minces no words when it comes to his views on cryptocurrencies. The Wall Street boss, who in September famously called the digital tokens “decentralized Ponzi schemes” at a regulatory hearing, again reiterated his criticism of crypto assets during an interview with Fox Business Network. “I called it a decentralized Ponzi scheme because people were just hyping it – hyping it, and hyping it – and they’ll write tons of books on this, the… Source link

BLACKPINK playing Coachella dance tent in 2019. (Photo: Timothy Norris/Getty Images for Coachella) The lineup for this year’s Coachella Valley Music and Arts Festival — North America’s largest music fest, with 125,000 attendees per day — has finally been announced. And it’s a historic bill, the most diverse to date: For the first time since the festival launched in 1999, a Latin music artist and a K-pop act will be headlining. Those headliners, Puerto Rican trap/reggaeton superstar… Source link

Android could soon let you convert physical SIM cards and import eSIM profiles Google just began distributing its Android 13 QPR2 Beta 2 release, giving Pixel fans a glimpse of things to come in the March Feature Drop. In addition to 31 new emoji and a feature that lets you force-theme icons on your home screen, this latest version contains code that hints at major quality of life improvements for Android’s eSIM experience. According to Mishaal Rahman of… Source link

The green transition could spur huge economic gains as the world looks to curb climate change, a new report finds. A study from Oxford Economics and Arup estimated that green industries could add $10.3 trillion to the world’s economy — or 5.2% of global GDP — by 2050 under a net-zero scenario. The report made the case that governments and businesses, under increasing pressure from costly climate-related weather events, may begin to see a rapid transition away from fossil fuels as a net… Source link