Facebook, Google get new EU probes

LONDON — European Union and British regulators opened dual antitrust investigations Friday into whether Facebook distorts competition in the classified advertising market by using data to compete unfairly against rival services. German officials, meanwhile, began a fresh investigation of Google using stepped up powers to scrutinize digital giants. The multiple investigations represent the latest escalation by European regulators in their battle to rein in the dominance of big American tech… Source link

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Dogecoin Bolstered by Coinbase Addition as Musk Tweets Continue

(Bloomberg) — Dogecoin, the Shiba Inu-themed cryptocurrency started as a joke in 2013, outperformed top rivals in the week as it launched on the Coinbase exchange. While the biggest cryptocurrencies Bitcoin and Ether were up 6.2% and 14.9% over the past seven days respectively, Dogecoin advanced 24% over the same period as of 7:50 a.m. in London, according to CoinGecko pricing. While Coinbase said weeks ago that it planned to add Dogecoin, the announcement that it now supports the meme-based… Source link

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Alabam’s Montana Fouts throws perfect game

Alabama’s Montana Fouts pitches against UCLA in the first inning of an NCAA Women’s College World Series softball game Friday, June 4, 2021, in Oklahoma City. (AP Photo/Sue Ogrocki) Montana Fouts celebrated her birthday with some history. The Alabama junior threw the fifth perfect game in the history of the Women’s College World Series on Friday in a 6-0 win over UCLA. It’s the first perfect game in the tournament since May 25, 2000, nine days before Fouts was born. Here’s how the game… Source link

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Damian Lillard wants Blazers to hire Jason Kidd as coach

Damian Lillard’s top preference to become the next head coach of the Portland Trail Blazers is Los Angeles Lakers assistant Jason Kidd. “Jason Kidd is the guy I want,” Lillard told Yahoo Sports on Friday night. Lillard intends to have significant input on the next hire, sources said. The Trail Blazers and Terry Stotts parted ways on Friday, opening up a coaching vacancy that has been occupied for nine seasons. The move was proceeded by a first-round exit issued by a depleted Denver… Source link

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Kawhi scores 45 as Clippers force Game 7

The Los Angeles Clippers live to fight another day. Behind another transcendent performance from Kawhi Leonard, the Clippers defeated the Dallas Mavericks 104-97 on Friday to stave off elimination and force a Game 7. Leonard, who was averaging 30.4 points per game in the series entering Friday, tied a playoff career high with 45 points (18-of-25 shooting, 5-of-9 from deep) with six rebounds and three assists. That included this dagger: That was Leonard’s biggest moment of the night, until he… Source link

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Trail Blazers, coach Terry Stotts part ways

The Portland Trail Blazers will look for a new coach after their first-round exit. The Blazers agreed to part ways with head coach Terry Stotts on Friday, sources told Yahoo Sports senior NBA insider Chris Haynes. Stotts’ exit ends a nine-season tenure in Portland, in which the Blazers reached the playoffs eight times. Five of those playoff berths ended in the first round, though, including the last two trips. The Blazers’ most recent exit came on Thursday, with the team falling to the Denver… Source link

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Colonial Pipeline ransomware attack linked to a single VPN login

Last month’s oil pipeline ransomware incident that spurred fuel shortages/hoarding and a $4.4 payout to the attackers has apparently been traced back to an unused but still active VPN login. Mandiant exec Charles Carmakal told Bloomberg that their analysis of the attack found that the suspicious activity on Colonial Pipeline’s network started April 29th. While they couldn’t confirm exactly how the attackers got the login, there apparently isn’t any evidence of phishing techniques,… Source link

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AMC Executives Take Home Millions by Cashing In on Share Surge

(Bloomberg) — AMC Entertainment Holdings Inc. executives and directors sold $8 million in shares of the theater chain Thursday, cashing in on the soaring price of the most-popular meme stock. Two board members and four executives sold at near record prices, following an eye-popping surge in the stock this week, regulatory filings on Friday showed. Among them were Gary Locke, a former Chinese ambassador who is up for re-election to the board at the company’s July 29 annual general meeting,… Source link

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Google is worth more than Amazon for the first time in more than a year

Alphabet Inc. was worth more than Amazon.com Inc. for the first time in 16 months Friday, as the online-advertising giant’s strong 2021 stock rally continues. Google parent company Alphabet GOOG, +1.96% GOOGL, +1.96% finished Friday’s session with a market value of $1.622 trillion, while Amazon AMZN, +0.60% closed out the day with a $1.616 trillion valuation, according to Dow Jones Market Data. Shares… Source link

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