Three months ago, President Biden assured his fellow Americans that a surge in inflation was “temporary.” The Federal Reserve largely concurred. Now, Biden and the Fed either have to redefine “temporary” or come up with a different narrative. Overall inflation hit 6.2% in October, the highest level of price hikes in 31 years. More concerning than the topline number are new indications that rising prices are becoming a permanent feature of the economy instead of a fleeting anomaly…. Source link
Read More »Ride Hailing Market Size and Outlook 2028 | Top Companies – Yandex, Lyft, DiDi Chuxing, Taxify, Ola, Careem, EasyTaxi, Uber Technologies, Delphi Automotive, Go-Jek,
New Jersey, United States,- A recent market research report added to the repository of Verified Market Reports is an in-depth analysis of the Ride Hailing Market. On the basis of historic growth analysis and the current scenario of the Ride Hailing marketplace, the report intends to offer actionable insights on Global market growth projections. Authenticated data presented in the report is based on findings of extensive primary and secondary research. Insights drawn from data serve… Source link
Read More »Google loses challenge against EU antitrust ruling, $2.8-bln fine
LUXEMBOURG, Nov 10 (Reuters) – Alphabet (GOOGL.O) unit Google lost an appeal against a 2.42-billion-euro ($2.8-billion) antitrust decision on Wednesday, a major win for Europe’s competition chief in the first of three court rulings central to the EU push to regulate big tech. Competition Commissioner Margrethe Vestager fined the world’s most popular internet search engine in 2017 over the use of its own price comparison shopping service to gain an unfair advantage over smaller European… Source link
Read More »Google wins appeal against UK class action-style suit seeking damages for Safari tracking – TechCrunch
Google has won an appeal against a class action-style privacy litigation at the UK Supreme Court — avoiding what could have been up to £3BN in damages had it lost the case. The long-running litigation was brought by veteran consumer rights campaigner, Richard Lloyd, who, since 2017, has been pursing a collective lawsuit, alleging Google applied a Safari workaround to override iPhone users’ privacy settings in Apple’s Safari browser between 2011 and 2012 — and seeking… Source link
Read More »NFTs are the ‘holy grail for humans’ that will be used for everything
Serial entrepreneur Gary Vaynerchuk understands that some people don’t get all the hoopla around non-fungible tokens (NFT) and even some who “think I’m a snake oil salesman” for promoting them. But buckle up, he says, like it or not, NFTs are going to be a part of everyone’s daily life sooner than many might think. “It is the holy grail for humans, it’s just that we’re the fortunate humans that are here when it’s being invented,” he said Tuesday at “Crypto Goes Mainstream”… Source link
Read More »Android users get another app-based Google TV remote option
Google has updated its Google Home Android app to add a built-in remote for Android TV, Google TV, and other devices like the Nvidia Shield. The feature, which was spotted by 9to5Google, is a helpful option if you misplace a physical remote control. To use it, head to the page in the Google Home app for the device you want to control, and then tap “Open remote” in the bottom left corner of the page. Although the Google Home remote feature is only available on Android for now, its… Source link
Read More »Supreme Court blocks mass iPhone claim against Google
The Google case – brought by Richard Lloyd, the former director of consumer rights group Which? – alleged that between 2011 and 2012 Google cookies collected data on health, race, ethnicity, sexuality and finance through Apple’s Safari web browser, even when users had chosen a “do not track” privacy setting. Source link
Read More »Google Loses Appeal of $2.8 Billion E.U. Antitrust Fine
In a major ruling that bolsters the European Union’s efforts to clamp down on the world’s largest technology companies, Google lost an appeal on Wednesday to overturn a landmark antitrust ruling by European regulators against the internet giant. The decision by the Luxembourg-based General Court related to a 2017 decision by the European Commission, the bloc’s executive branch, to fine Google 2.4 billion euros (about $2.8 billion) for giving preferential treatment to its own… Source link
Read More »UK Supreme Court blocks $4.3 bln class action against Google
LONDON, Nov 10 (Reuters) – The UK Supreme Court has blocked a planned 3.2 billion pound ($4.3 billion) British class action against Google (GOOGL.O) over allegations the internet giant unlawfully tracked the personal information of millions of iPhone users. Britain’s top judges unanimously granted a Google appeal against the country’s first such data privacy case on Wednesday, a move that upsets a string of similar claims waiting in the wings against other companies including Facebook (FB.O)… Source link
Read More »Google loses key appeal against €2.4 billion EU shopping antitrust case
The EU’s second-most senior court, the General Court, has upheld a 2017 ruling by the European Commission which found that Google broke antitrust law in how it used its search engine to promote its shopping comparison service and demote those of its rivals. Google and its parent company Alphabet appealed the decision, but the General Court today dismissed that appeal and upheld a fine of €2.4 billion ($2.8 billion). Google and Alphabet now have the option to appeal the decision yet… Source link
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