OAKLAND, Calif., Nov 17 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has struck deals with at least 24 big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc (ATVI.O) about $360 million over three years, according to a court filing on Thursday. Google also agreed in 2020 to pay Tencent Holdings Ltd’s <0700.HK> Riot Games unit, which makes “League of Legends,” $30 million over one year in a similar deal, the filing stated. The… Source link
Read More »Brooklyn Nets ‘have agreed to part ways’ with head coach Steve Nash
Steve Nash reacts to a call during the second quarter of the Brooklyn Nets‘ game against the Indiana Pacers at Barclays Center on Halloween in New York City. (Dustin Satloff/Getty Images) Following a tumultuous offseason in the organization, the Brooklyn Nets and head coach Steve Nash “have agreed to part ways” seven games into their 2022-23 NBA campaign, the team announced on Tuesday. The Nets have underperformed since hiring Nash as a first-time coach in 2020, even if the Hall of Fame point… Source link
Read More »Russia’s Yandex says agreed to purchase 93.2% of convertible notes
Published: 06/20/2022 09:08 GMT (YNDX) – Holders of 93.2% in Aggregate Principal Amount of Yandex’s $1.25 Billion 0.75% Convertible Notes Due 2025 Have Agreed to Sell Notes to Yandex – Up From 84.9% Agreement As of June 16 Nasm000ftj.The Completion and Settlement of the Purchase Transaction is Now Expected to Take Place on June 22, 2022 .The Purchase Agreement, Dated June 15, 2022, Provides for a Purchase Price of $140,000 in Cash and 957 Yandex Class A Shares for Each $200,000 in Principal… Source link
Read More »Google, Facebook reportedly agreed to work together to fight antitrust probes
Enlarge / Signage in front of a building on the Google campus in Mountain View, California, on Wednesday, Dec. 16, 2020. More than three dozen state attorneys general last week filed an antitrust suit against Google, accusing the tech behemoth of a slew of anticompetitive behaviors. Among those behaviors, a new report finds, is an explicit agreement from Google to work with Facebook not only to divide the online advertising marketplace, but… Source link
Read More »Google, Facebook agreed to team up against possible antitrust action, draft lawsuit says
Applico CEO Alex Moazed on the DOJ’s lawsuit against Google as the company calls it ‘deeply flawed.’ WASHINGTON— Facebook Inc. and Alphabet Inc.’s Google agreed to “cooperate and assist one another” if they ever faced an investigation into their pact to work together in online advertising, according to an unredacted version of a lawsuit filed by 10 states against Google last week. Ticker Security Last Change Change % FB FACEBOOK INC. 268.96 -3.83 -1.40% GOOGL ALPHABET INC. 1,719.41
Read More »Google, Facebook agreed to team up against potential antitrust action
Facebook Chief Operating Officer Sheryl Sandberg speaks on stage during Facebook session at the Cannes Lions 2019 : Day Three on June 19, 2019 in Cannes, France. Richard Bord | Getty Images Google and Facebook pledged to help one another if they ever faced an investigation into their pact to work together in online advertising, according to a report from The Wall Street Journal on Tuesday. The story is based on an unredacted version of a lawsuit filed by 10 U.S. states against Google last week… Source link
Read More »Google, Facebook agreed to team up against possible antitrust action, draft lawsuit says – WSJ
(Reuters) – Facebook Inc and Alphabet Inc’s Google agreed to “cooperate and assist one another” in case of an investigation into their pact to work together in online advertising, the Wall Street Journal reported late on Monday. The Journal report cited an unredacted version of a lawsuit filed by 10 states against Google last week. The states had accused Google of working with Facebook in an unlawful manner that violated antitrust law to boost its already-dominant online advertising… Source link
Read More »Google, Facebook Agreed to Team Up Against Possible Antitrust Action, Draft Lawsuit Says
The suit, as filed, cites internal company documents that were heavily redacted. The Wall Street Journal reviewed part of a recent draft version of the suit without redactions, which elaborated on findings and allegations in the court documents. Ten Republican attorneys general, led by Texas, are alleging that the two companies cut a deal in September 2018 in which Facebook agreed not to compete with Google’s online advertising tools in return for special treatment when it used… Source link
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