California asks to join DOJ’s Google suit

Background: The DOJ and 11 states sued Google for antitrust violations on Oct. 20, two weeks before the presidential election. The majority of U.S. states, who have been investigating Google over antitrust concerns since Sept. 2019, opted to hold off signing on to the DOJ’s suit because of concerns about the timing and litigation strategy. That group, led by Colorado and Nebraska, is expected to file its own antitrust suit against Google over its power in the online search market in the… Source link

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California asks to join DOJ lawsuit against Google

California is seeking to join the Justice Department in its antitrust lawsuit against Google, according to a court filing the state submitted on Friday. The move makes Google’s home state the first Democratic enforcer to seek to join the DOJ and eleven Republican attorneys general in the lawsuit. California did not join the initial group of 50 states and territories that launched an investigation into the search giant last year, but Politico later reported it had been pursuing its own probe. A… Source link

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California files to join U.S. antitrust lawsuit against Google

By David Shepardson, Nandita Bose WASHINGTON (Reuters) – California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. FILE PHOTO: After the company announced it would extend its coronavirus work-from-home order until summer 2021, a Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake/File… Source link

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California files to join U.S. antitrust lawsuit against Google

By David Shepardson, Nandita Bose WASHINGTON (Reuters) – California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. FILE PHOTO: A Google sign is pictured on a Google building in the Manhattan borough of New York City, New York, U.S., October 20, 2020. REUTERS/Carlo Allegri The department in October accused the $1 trillion California-based company of illegally… Source link

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California files to join U.S. antitrust lawsuit against Google

By David Shepardson, Nandita Bose WASHINGTON (Reuters) – California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. FILE PHOTO: A Google sign is pictured on a Google building in the Manhattan borough of New York City, New York, U.S., October 20, 2020. REUTERS/Carlo Allegri The department in October accused the $1 trillion California-based company of illegally… Source link

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Google and Apple are banning technology for sharing users’ location data

You may have never heard of the company X-Mode Social, but its code may be in some of the apps on your phone, tracking and selling your location data. Now, Google and Apple are trying to put a stop to it. According to a Wall Street Journal article, the tech companies have told developers to remove X-Mode’s code from their apps, or risk getting them pulled from their respective app stores. X-Mode works by giving developers code to put into their apps, known as an SDK, which tracks… Source link

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Airbnb and DoorDash are losing lots of money but it may be the perfect recipe for huge IPO-day stock price gains

TipRanks 3 ‘Strong Buy’ Stocks with Over 7% Dividend Yield It’s been up, up, and away for the markets since the end of September. Both the NASDAQ and S&P 500 are trading within 3% of their recent record high levels, after counting for daily fluctuations. It’s a clear sign of a bullish mood among investors.And that bullish mood is finding fertile soil among Wall Street’s stock analysts, who are not hesitant to make buy-side calls. There are some indications that the analysts are… Source link

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Congress looking to change or even abolish this key 401(k) provision

TipRanks 3 ‘Strong Buy’ Stocks with Over 7% Dividend Yield It’s been up, up, and away for the markets since the end of September. Both the NASDAQ and S&P 500 are trading within 3% of their recent record high levels, after counting for daily fluctuations. It’s a clear sign of a bullish mood among investors.And that bullish mood is finding fertile soil among Wall Street’s stock analysts, who are not hesitant to make buy-side calls. There are some indications that the analysts are… Source link

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Concerns Mount Over Google’s Privacy Proposals

Google Chrome has a 70% market share, making it one of the dominant platforms of the internet. That means its withdrawal of support for third-party cookies in 2022 is a fundamental reboot for the entire online ecosystem. In particular, it brings into question the prevailing business model of target advertising. Unlike its Silicon Valley rival Apple, Google cannot jettison third-party ad tech, both financially and in the court of public opinion, especially as antitrust authorities have it in… Source link

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Congresswoman says McConnell is to blame for stalled coronavirus stimulus – Yahoo Finance

TipRanks 3 ‘Strong Buy’ Stocks with Over 7% Dividend Yield It’s been up, up, and away for the markets since the end of September. Both the NASDAQ and S&P 500 are trading within 3% of their recent record high levels, after counting for daily fluctuations. It’s a clear sign of a bullish mood among investors.And that bullish mood is finding fertile soil among Wall Street’s stock analysts, who are not hesitant to make buy-side calls. There are some indications that the analysts are… Source link

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