Tag Archives: Bloomberg

DOJ poised to sue Google over digital ad market dominance – Bloomberg News

DOJ poised to sue Google over digital ad market dominance – Bloomberg News

Jan 23 (Reuters) – The U.S. Justice Department is poised to sue Alphabet Inc’s (GOOGL.O) Google as soon as Tuesday regarding its dominance over the digital advertising market, Bloomberg News reported on Monday, citing people familiar with the matter. The lawsuit would be the second federal antitrust complaint filed against Google, alleging violations of antitrust law in how the tech giant acquires or maintains its dominance. The Justice Department lawsuit filed against Google in 2020 focuses… Source link

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Yahoo wants to launch a trading platform to become the ‘Bloomberg’ for retail investors, report says

Yahoo wants to launch a trading platform to become the ‘Bloomberg’ for retail investors, report says

Yahoo execs want to build a retail trading platform in an effort to bolster growth, Axios reported. Yahoo reported $7.1 billion in full year revenues in 2020. Yahoo is mulling plans to launch a stock trading platform to bolster growth, mounting an effort to become the Bloomberg for retail investors, Axios reported Tuesday. Yahoo, which was acquired by private-equity giant Apollo Global Management, has a slew of initiatives in mind to expand its commerce and transactions businesses. (Apollo… Source link

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