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In addition to Wednesday’s suit, Google also faces a suit that the Justice Department and 14 states filed in October, focused on Google’s efforts to dominate the mobile search market; one from 38 states and territories filed in December, also focused on search; and a third suit by 15 states and territories related to Google’s power over the advertising technology. The new case: Wednesday’s suit is the latest challenge to the search giant’s plan to force all app developers who use its… Source link

(Bloomberg) — Didi Global Inc. shares fell for a third consecutive day on Wednesday, hitting fresh lows, as China was said to consider closing a loophole used by firms listing their shares abroad. The ride-hailing company fell 4.6% in New York trading to close at $11.91. The American depositary shares slumped 20% in Tuesday’s session, and now trade 15% lower than the $14 they were sold at in the IPO. Didi’s offering was the second-largest U.S.-listing for a Chinese firm on record. The… Source link

Grubhub and Russia-based Yandex are teaming up to bring meal services to students through rovers. Photos courtesy of Grubhub/Yandex Students at more than 250 colleges and universities already enjoy the ease of Grubhub’s food delivery service, but it’s about to get a lot more streamlined. Grubhub announced it has partnered with Yandex… Source link

[unable to retrieve full-text content]Trump sues Twitter, Google and Facebook alleging ‘censorship’  BBC News Source link

Former President Donald Trump has filed proposed class action lawsuits against Facebook, Twitter, and Google subsidiary YouTube as well as CEOs Mark Zuckerberg, Jack Dorsey, and Sundar Pichai. The lawsuits come six months after Trump was permanently or temporarily suspended from all three platforms. Trump announced the lawsuits at a press conference today, following an early report by Axios. He referred to the cases as “a very important game-changer for our country.” However, the… Source link

Former president Donald Trump on Wednesday filed three purported federal class action lawsuits against Facebook (FB), Google-owned YouTube (GOOG, GOOGL) and Twitter (TWTR) their respective CEOs, Mark Zuckerberg, Sundar Pichai, and Jack Dorsey.  According to Trump, the lawsuits are intended to stop the platforms from censoring speech and from removing user accounts. The three suits claim the tech giants violated the First Amendment’s free speech protections, though the amendment protects… Source link

In today’s top payments news around the world, TravelPerk is buying Click Travel for an undisclosed amount, while Grubhub and Yandex SDG are teaming for robotic delivery on university campuses. Plus, ContextLogic B.V. (CLBV) has received a payment services license from the Dutch Central Bank. Spain’s TravelPerk Snaps Up UK’s Click Travel Corporate travel and spend management firm TravelPerk is purchasing corporate domestic travel company Click Travel for an amount that was not made… Source link

Former President Donald J. Trump on Wednesday sued three tech giants — Facebook, Twitter and Google — and the firms’ chief executives after the platforms took various steps to ban him or block him from posting. Mr. Trump, speaking from his Bedminster, N.J., golf club, announced that he would serve as the lead plaintiff in the class-action lawsuit, arguing that he has been censored wrongfully by the tech companies. Speaking about “freedom of speech” and the First Amendment — which… Source link

It’s time to back up the truck and buy the beat-up shares of pioneering crypto exchange Coinbase (COIN), contends Oppenheimer analyst Owen Lau.  Coinbase shares don’t deserve to be swept up into the latest crypto winter, according to Lau.  “We think Coinbase should not trade in lockstep with bitcoin because bitcoin can be very volatile, but at the same time because of their volatility it drives higher trading volume. It is similar to all the traditional exchanges, and we think that it’s… Source link

Former President Donald Trump walks on stage during a rally at on July 3, 2021, in Sarasota, Fla. Trump has announced he is suing three of the country’s biggest tech companies: Facebook, Twitter and Google. Jason Behnken/AP hide caption toggle caption … Source link