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Google has agreed to pay roughly $270 million in fines and change some business practices as part of a settlement announced on Monday with French antitrust regulators who had accused the company of abusing its dominance of the online advertising market. The French competition authority said the agreement was the first time an antitrust regulator had taken direct aim at Google’s online advertising infrastructure, a platform that scores of websites worldwide rely on to sell ads. The… Source link

Google often uses its annual developer conference, I/O, to showcase artificial intelligence with a wow factor. In 2016, it introduced the Google Home smart speaker with Google Assistant. In 2018, Duplex debuted to answer calls and schedule appointments for businesses. In keeping with that tradition, last month CEO Sundar Pichai introduced LaMDA, AI “designed to have a conversation on any topic.” In an onstage demo, Pichai demonstrated what it’s like to converse with a paper airplane… Source link

The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo Google said on Monday it will test changes to its widely-used online advertising services over the coming months following the French antitrust decision. The company also said it planned to roll these changes out ‘more broadly, including some globally’. Our Standards: The Thomson Reuters Trust Principles. Source link

Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. Michael Short | Bloomberg | Getty Images France’s competition watchdog has fined Google 220 million euros ($267 million) for abusing its market power in the online advertising industry. The French Competition Authority said Monday Google had unfairly sent business to its own services, and discriminated against the competition. Google… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, June 7, 2021 Good, but with plenty to worry about. As usual. “The basic story is of an economy that is recovering well, and which can generally find the workers that it needs,” UBS’s Paul Donovan said on Friday. With that single sentence, Donovan does a nice job capturing the state of the economy. And while some economists and policymakers… Source link

Google’s John Mueller answered whether targeting keywords in H1, Meta tags and on-page was out of date because of all the advances in search. John affirmed the value of using keywords (within limits) and of correctly mapping words to the topic. Question About Keyword Counts The person asking the question mentioned that he had a “directive” specifying the use of keywords in the content. He suspected that the directive might be outdated. Here’s the question: “I have a directive to use… Source link

Alphabet’s Google (GOOGL.O) agreed to make changes to some of its widely-used online advertising services under a settlement with France’s antitrust watchdog released on Monday. The authority also fined the Mountain View, California-based company 220 million euros ($267.48 million) after a probe found it abused its market power in the intricate ad business online, where some its tools have become almost essential for large publishers. “The decision to sanction Google is of particular… Source link

(Bloomberg) — Google agreed to pay 220 million euros ($268 million) and change the way its business works across the world after settling a France probe that struck at the heart of its power over online advertising. France’s antitrust agency said Monday the U.S. tech giant used its dominance over ad sales and purchasing on its platforms to distort the market to its own advantage, hurting publishers such as News Corp. “Google took advantage of its vertical integration to skew the… Source link

Bitcoin Bitcoin, BTC to USD, rose by 0.48% in the week ending 6th June. Following a 2.50% gain from the previous week, Bitcoin ended the week at $35,780.0. A mixed start to the week saw Bitcoin fall to a Sunday intraweek low $34,160.0 before making a move. Steering clear of the first major support level at $32,362, Bitcoin rallied to a Thursday intraweek high $39,482.0. Falling short of the first major resistance level at $39,875 and $40,000 levels, Bitcoin fell back to sub-$35,000… Source link

BEIJING, June 7 (Reuters) – China’s foreign exchange reserves, the world’s largest, rose more than expected in May, official data showed on Monday, as the U.S. dollar weakened. The data showed China’s foreign exchange reserves rose $23.62 billion to $3.22 trillion last month, compared with $3.208 trillion seen in a Reuters poll of analysts and $3.198 trillion in April. Foreign inflows into Chinese stocks and bonds have been strong as China gallops ahead of other major economies in its recovery… Source link