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

Read More »

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

Read More »

Bloomberg Makes Data License Content Available on Google Cloud

Bloomberg Makes Data License Content Available on Google Cloud

Continued relationship with Google Cloud empowers Bloomberg Data License customers to streamline their data pipelines in the cloud NEW YORK, Oct. 18, 2022 /PRNewswire/ — Bloomberg announced today that its Data License content is now available on Google Cloud, enabling customers globally to receive content natively through cloud technology, which dramatically reduces the time to integrate data and derive insights. Building upon Bloomberg’s existing relationship with Google Cloud and the… Source link

Read More »

DoJ expected to file antitrust lawsuit against Google in weeks – Bloomberg News

DoJ expected to file antitrust lawsuit against Google in weeks – Bloomberg News

The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech, in Paris, France May 16, 2019. REUTERS/Charles Platiau Register now for FREE unlimited access to Reuters.com Register July 14 (Reuters) – The U.S. Department of Justice is expected to file an antitrust lawsuit against Alphabet Inc’s (GOOGL.O) Google in weeks over its dominance in the online advertising market, Bloomberg News reported on Thursday, citing people familiar with the matter. The Justice… Source link

Read More »

FTX exploring a deal to buy Robinhood: Bloomberg report

FTX exploring a deal to buy Robinhood: Bloomberg report

The cryptocurrency exchange FTX is reportedly considering a deal to acquire digital trading platform Robinhood (HOOD), Bloomberg reported Monday, citing unnamed people familiar with the deal. Robinhood has not yet received a formal notice from FTX of any such takeover, the report said, while adding that FTX could ultimately choose not to pursue a purchase. The report of a potential acquisition by FTX comes just over a month after Sam Bankman-Fried, the CEO and founder of FTX, disclosed a 7.6%… Source link

Read More »

Google Explains to Judge Its Data Scraping From Court's Website – Bloomberg

A judge known as a sharp critic of how tech companies treat consumer privacy was “disturbed” to learn from Google last month that even the search bar on the public website for her court is feeding user information to the company. Now comes an explanation from Google after U.S. District Judge Lucy Koh demanded one: The Alphabet Inc. unit relies on its code embedded in the public web page that helps it serve up advertising targeted at visitors. The information collected on those visitors is… Source link

Read More »

Lucid Motors Deal With Churchill Capital IV Could Be Announced Tuesday: Bloomberg

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

Read More »

Bloomberg, Telecom News, ET Telecom

Huawei Technologies Co and several other Chinese tech firms have raised concerns to local regulators about chipmaker Nvidia Corp’s deal to buy UK-based chip designer Arm Ltd, Bloomberg News reported on Tuesday. The tech firms have been lobbying the State Administration for Market Regulation (SAMR) to either reject the transaction or impose conditions, which will ensure their access to Arm technology, the report said, citing people familiar with the matter. One of the major concerns of these… Source link

Read More »

Google in talks to invest $4 billion in Reliance’s digital arm, Bloomberg reports

FILE PHOTO: A logo of Google is seen at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann BENGALURU (Reuters) – Alphabet Inc’s Google is in advanced talks to invest $4 billion for a stake in the digital arm of Indian conglomerate Reliance Industries Ltd, Bloomberg reported on Tuesday, citing people familiar with the matter. An announcement could come as soon as the next few weeks, according to the report here Google declined to comment, while Reliance did not… Source link

Read More »