Apple has an agreement with Google that it won’t develop its own internet search engine so long as Google pays it to remain the default option in Safari, a new class action alleges. Filed in a California court earlier this week against Apple, Google, and their respective CEOs, the lawsuit alleges the two companies have a non-compete agreement in the internet search business that violates US antitrust laws. Specifically, the complaint charges Apple CEO Tim Cook and Google CEO Sundar Pichai of… Source link
Read More »Google wins appeal against UK class action-style suit seeking damages for Safari tracking – TechCrunch
Google has won an appeal against a class action-style privacy litigation at the UK Supreme Court — avoiding what could have been up to £3BN in damages had it lost the case. The long-running litigation was brought by veteran consumer rights campaigner, Richard Lloyd, who, since 2017, has been pursing a collective lawsuit, alleging Google applied a Safari workaround to override iPhone users’ privacy settings in Apple’s Safari browser between 2011 and 2012 — and seeking… Source link
Read More »UK Supreme Court blocks $4.3 bln class action against Google
LONDON, Nov 10 (Reuters) – The UK Supreme Court has blocked a planned 3.2 billion pound ($4.3 billion) British class action against Google (GOOGL.O) over allegations the internet giant unlawfully tracked the personal information of millions of iPhone users. Britain’s top judges unanimously granted a Google appeal against the country’s first such data privacy case on Wednesday, a move that upsets a string of similar claims waiting in the wings against other companies including Facebook (FB.O)… Source link
Read More »Intel teams with Google Cloud to develop new class of data center chip
A Google Cloud logo outside the Google Cloud computing unit’s headquarters at the Moffett Place office complex in Sunnyvale, California, U.S., June 19, 2019. REUTERS/Paresh Dave/File Photo Oct 27 (Reuters) – Intel Corp (INTC.O) and Alphabet Inc’s (GOOGL.O) Google Cloud on Wednesday said they have worked together to create a new category of chip that Intel hopes will become a major seller in the booming cloud computing market. The new chip, which is called Mount Evans and will be sold to… Source link
Read More »Diem cryptocurrency will be in ‘class of its own,’ Facebook executive says
Facebook (FB) has a plan to take over the world of digital wallets, using cryptocurrency to separate it from the likes of PayPal (PYPL) and other digital payment platforms. Its upcoming digital wallet, Novi, will be built upon the still-pending stablecoin Diem. Diem is the cryptocurrency that grew out of Facebook’s in-house project that began in 2017 and was first known as Libra. After it was publicly revealed in 2018, the coin received intense scrutiny in Washington, DC, and around the… Source link
Read More »Cryptocurrencies are a durable asset class with real upside: BlackRock fixed income CIO
Count Rick Rieder, BlackRock’s chief investment officer of global fixed income, as a believer in cryptocurrencies. “I think it could have some real upside. My sense is there are more buyers than sellers. It’s an asset class that I think is durable,” Rieder said on Yahoo Finance Live. Rieder revealed he owns “small pieces” of crypto in several of his bigger portfolios, and compares the positions to owning stakes in venture capital firms. “Quite frankly, I am glad I do [own crypto]. This… Source link
Read More »Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / July 25, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you. ATHA Shareholders Click Here: Source link
Read More »The Ultra-Rich Are Saving Their Money Instead of Spending It – Now the Middle Class Is ‘Buried’ In Debt
Chip Somodevilla / Getty Images It’s easy to roll our eyes at outlandish spending from billionaires – say, buying NFTs or yachts – but their spending is good for the overall economy. Their savings, however, are not so good, according to new findings published in the Chicago Booth Review, which reports that the 1% has “buried” the middle class in debt with their saving habits. See: The Hype Around NFTs: What Are They? And How Pricey Do They Get?Find: These 15 Billionaires Got Richer… Source link
Read More »IT News Online – Yandex Announces Results of 2021 Annual General Meeting of Shareholders and Class A Meeting
MOSCOW and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 28, 2021 / Yandex N.V. (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex’s 2021 Annual General Meeting of Shareholders (the “AGM”) and the meeting of the holders of Class A Ordinary Shares, both held on Monday, June 28, 2021, have been approved. Yandex also announced three re-appointments to its Board of… Source link
Read More »Yandex Announces Results of 2021 Annual General Meeting of Shareholders and Class A Meeting
MOSCOW and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 28, 2021 / Yandex N.V. (NASDAQ:YNDX)(MOEX:YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex’s 2021 Annual General Meeting of Shareholders (the “AGM”) and the meeting of the holders of Class A Ordinary Shares, both held on Monday, June 28, 2021, have been approved. Yandex also announced three re-appointments to its… Source link
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