Tag Archives: California

WASHINGTON (Reuters) – Alphabet Inc’s Google has asked a U.S. judge in Texas to transfer an antitrust lawsuit filed by 10 states in December to a court in California, a state that has more relevant witnesses and documents needed by the company, it said. FILE PHOTO: A Google sign is pictured on a Google building in the Manhattan borough of New York City, New York, U.S., October 20, 2020. REUTERS/Carlo Allegri/File Photo In December, Texas and nine other states sued Google LLC in a U.S. court… Source link

By David Shepardson WASHINGTON (Reuters) – Alphabet Inc’s Google has asked a U.S. judge in Texas to transfer an antitrust lawsuit filed by 10 states in December to a court in California, a state that has more relevant witnesses and documents needed by the company, it said. In December, Texas and nine other states sued Google LLC in a U.S. court in Sherman, Texas, accusing the search engine company of working with Facebook Inc in a way that violated antitrust law to boost its already-dominant… Source link

CALIFORNIA-BASED HOTELIER Sunil “Sunny” Tolani has been named a top entrepreneur by Yahoo Finance. Tolani’s the Prince Organization was named one of the fastest growing private companies in Orange County, California, by the Orange County Business Journal. In the Yahoo listing, Tolani is recognized not only for his work operating multiple hotels but also charity work, youth empowerment and education. It also mentions the organization’s receipt of several honors and awards, including… Source link

TipRanks J.P. Morgan: 2 Stocks to Buy (And 1 to Avoid) Marko Kolanovic, the well-known quant strategist with JPMorgan, sees a positive feedback loop forming that will drive the markets higher next year. Kolanovic believes that a decline in volatility and favorable monetary policies will combine to make stocks the go-to investment for 2021, fueling further market gains. Officially, JPM is forecasting a 25% gain in the S&P 500 over the next 12 months.With investors gravitating toward stocks,… Source link

By David Shepardson, Nandita Bose WASHINGTON (Reuters) – California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. FILE PHOTO: After the company announced it would extend its coronavirus work-from-home order until summer 2021, a Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake/File… Source link

By David Shepardson, Nandita Bose WASHINGTON (Reuters) – California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. FILE PHOTO: After the company announced it would extend its coronavirus work-from-home order until summer 2021, a Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake/File… Source link

By David Shepardson, Nandita Bose WASHINGTON (Reuters) – California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. FILE PHOTO: After the company announced it would extend its coronavirus work-from-home order until summer 2021, a Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake/File… Source link

California, home of the Google campus in Mountain View, would join a group of Republican-led states in the Justice Department lawsuit. Photo: Images by Cayce Clifford … Source link

California is seeking to join the Justice Department in its antitrust lawsuit against Google parent Alphabet Inc., one of the state’s largest businesses. State Attorney General Xavier Becerra filed the motion to join the case in federal court on Friday. “Google’s anticompetitive behavior has unlawfully maintained the company’s monopoly on internet search and search-based advertising at the expense of consumers,” said Becerra. The Justice Department sued… Source link

The coronavirus is accelerating a significant tech exodus out of California, with Oracle (ORCL) announcing Friday that it has moved its headquarters from Redwood City to Austin, Texas. The move came just days after Tesla (TSLA) CEO Elon Musk announced he’d be moving from Los Angeles to Austin. Other tech giants that have recently left California include Silicon Valley pioneer Hewlett-Packard Enterprise (HPE) and newly public software giant Palantir (PLTR). The coronavirus pandemic and the… Source link