The project would end early next month, he said. “In 2018, the value we provided to publishers through referral traffic alone was estimated at $218 million.” Mel Silva, managing director of Google Australia, says 80 per cent of submissions to the ACCC raised concerns with the plan.Credit:Jeremy Piper The admission from the digital giant comes in the middle of a battle between the federal government and the tech giants over plans to force Google and Facebook to pay news publishers for… Source link
Read More »Australian competition watchdog warns Google, Facebook laws are just the start
SYDNEY (Reuters) – Australia’s competition regulator has warned that planned laws to make the country the first in the world to force Google and Facebook to pay for news content were likely just the start of more regulation for digital platforms. The Australian government announced legislation last month after an investigation it said showed the tech giants held too much market power in the media industry, a situation it said posed a potential threat to a well-functioning democracy. Under… Source link
Read More »Australian competition watchdog warns Google, Facebook laws are just the start
TipRanks 3 “Strong Buy” Stocks with Over 9% Dividend Yield Markets ended 2020 on a high note, and have started 2021 on a bullish trajectory. All three major indexes have recently surged to all-time highs as investors seemingly looked beyond the pandemic and hoped for signs of a rapid recovery. Veteran strategist Edward Yardeni sees the economic recovery bringing its own slowdown with it. As the COVID vaccination program allows for further economic opening, with more people getting back to… Source link
Read More »Australian competition watchdog warns Google, Facebook laws are just the start
SYDNEY (Reuters) – Australia’s competition regulator has warned that planned laws to make the country the first in the world to force Google and Facebook to pay for news content were likely just the start of more regulation for digital platforms. The Australian government announced legislation last month after an investigation it said showed the tech giants held too much market power in the media industry, a situation it said posed a potential threat to a well-functioning democracy. Under… Source link
Read More »Roger Federer to miss 2021 Australian Open, per agent
Switzerland’s Roger Federer will sit out another Grand Slam while he rehabs. (Rodger Bosch/AFP via Getty Images) Roger Federer will not play the Australian Open as he continues to come back from two operations on his right knee, his agent told the Associated Press. Federer last played the 2020 Australian Open in January. He skipped the rest of the pandemic-altered 2020 tennis calendar while rehabbing and watched Rafael Nadal tie his all-time men’s record of 20 Grand Slam titles in October.
Read More »Australian regulator delays decision on Google-Fitbit merger
CANBERRA, Australia (AP) — Australia’s competition regulator on Tuesday delayed for three months its decision on Google’s plan to buy fitness gadget maker Fitbit for $2.1 billion despite the European Union giving conditional approval to the deal. Shares of Fitbit Inc. tumbled almost 7% before the opening bell. The European Union regulators last week approved the deal after Google promised to restrict user data and ensure Android phones work with other wearable devices for at least 10… Source link
Read More »Australian regulator delays decision on Google-Fitbit merger
TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link
Read More »Australian regulator rejects Google’s undertaking over Fitbit competition concerns
TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link
Read More »Australian regulator rejects Google’s undertaking over Fitbit competition concerns
TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link
Read More »Australian regulator rejects Google’s undertaking to ease competition concerns on Fitbit deal
TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link
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