Tag Archives: bln

Satya Nadella, chief executive officer of Microsoft Corp., during the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images Google has for years been playing catch-up in the cloud infrastructure market, where it’s seen in the industry as a distant third in the U.S., behind Amazon and Microsoft. The challenge for investors is that the three companies don’t report cloud infrastructure metrics in a way that makes them easily comparable. However, an… Source link

Commuters are reflected on an advertisement of Reliance Industries’ Jio telecoms unit, at a bus stop in Mumbai, India, February 21, 2017. REUTERS/Shailesh Andrade Register now for FREE unlimited access to Reuters.com Register Reliance plans 5G push to take on rivals in India Partners with Google to make new phone Intends to launch new consumer goods business Ambani says children taking leadership roles, being mentored NEW DELHI, Aug 29 (Reuters) – India’s telecom leader Reliance (RELI.NS) said on… Source link

LONDON, July 19 (Reuters) – Google (GOOGL.O) faces a London trial over an estimated 920-milion-pound ($1.1 billion) damages claim after a court authorised a lawsuit that alleges the Alphabet-owned tech giant overcharged 19.5 million customers for app store purchases. The class action, which was certified by the Competition Appeal Tribunal on Monday, alleges Google abused its dominant position by charging up to 30% commission on popular apps on its Play Store, including Roblox, Candy Crush… Source link

ShareChat logos are seen in this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, May 30 (Reuters) – The parent company of India’s ShareChat has raised nearly $300 million in fresh funding from Alphabet Inc’s (GOOGL.O) Google, media giant Times Group and Singapore’s Temasek Holdings, valuing the social media firm at nearly $5 billion, two sources involved in the deal discussions told Reuters. A… Source link

A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register April 13 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Wednesday it plans to invest about $9.5 billion across its U.S. offices and data centers this year, up from $7 billion last year. Google said the investment will create at least 12,000 full-time jobs in 2022… Source link

BRUSSELS, March 21 (Reuters) – Europe’s second-highest court will rule on Sept. 14 on Alphabet (GOOGL.O) unit Google’s challenge against a record 4.34 billion euros ($4.8 billion) EU antitrust fine levied for using its Android mobile operating system to squeeze out rivals. The judgment from the Luxembourg-based General Court comes 10 months after the world’s most popular internet search engine lost its fight in the same court against a 2.42-billion-euro penalty in another case. It has filed… Source link

MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but surging interest in online transactions allowed its other… Source link

(Adds quotes from call, analyst comment) By Alexander Marrow and Gleb Stolyarov MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex on Tuesday reported a sharp drop in adjusted annual net profit, but said total revenue could surge this year to around $6.5 billion, driven in part by high turnover growth in e-commerce. Yandex’s core advertising business, which accounted for 47% of total revenue in the fourth quarter of 2021, suffered during the early stages of the COVID-19 pandemic, but… Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register MOSCOW, Feb 15 (Reuters) – Russian internet giant Yandex (YNDX.O) on Tuesday reported a 55% decrease in adjusted net income in 2021 but said it expects total group revenues to continue their upward trajectory this year to reach 490-500 billion roubles ($6.50-$6.63 billion). Yandex’s… Source link

STOCKHOLM, Feb 7 (Reuters) – Price comparisons company PriceRunner said on Monday it has sued Alphabet-owned (GOOGL.O) Google for about 2.1 billion euros ($2.40 billion) at a court Stockholm, saying the company breached antitrust laws by manipulating search results in favour of its own comparison shopping services. PriceRunner said its lawsuit aims to make Google pay compensation for the profits that it has lost in the U.K. since 2008, as well as in Sweden and Denmark since 2013. Investment… Source link