Tag Archives: competition

The Pixel 7 Pro looks to keep up Google’s newfound momentum in top-flight smartphones, offering a powerful camera and AI features for significantly less money than Apple or Samsung. The Pixel 7 Pro costs £849 ($899/A$1,299) – the same as the firm’s top 2021 phone – while competing with devices costing north of £1,100. It leads Google’s phone line for 2022, which includes the smaller £599 Pixel 7 and £349 Pixel 6a. From the front, the Pixel 7 Pro looks very similar to its… Source link

Walmart (WMT) may have an edge over its competition, Target — selling gasoline. Walmart+ members can save 10 cents a gallon at a number of participating Walmart, Murphy, Exxon and Mobil (XOM) stations nationwide. “This is actually Walmart’s secret ingredient over Target,” Jharonne Martis, director of consumer research at Refinitiv. In Walmart’s second-quarter fiscal 2023 earnings results, year-over-year sales grew 6.5%. This quarter alone, membership income grew 25.6%, according to… Source link

LONDON, July 26 (Reuters) – Russia’s competition watchdog fined Alphabet’s Google (GOOGL.O) 2 billion roubles ($34.2 million) on Tuesday for abusing its dominant position in the video hosting market, the regulator said in a statement. The decision is the latest multi-million dollar fine as part of Moscow’s increasingly assertive campaign against foreign tech companies. The Federal Antimonopoly Service (FAS) said the company had “abused its dominant position in the YouTube video hosting… Source link

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 MILAN, July 14 (Reuters) – Italy’s competition authority AGCM said on Thursday it had launched an investigation against Google (GOOGL.O)for suspected abuse of its dominant position in data portability, an accusation the Alphabet unit denied. The watchdog said in a statement that… Source link

Peace, for Waverly Altis, is in pedaling to the park. It’s in the music of the wind, and the wafting smells of freshly cut grass and hot asphalt — in the late-spring, early-summer cotton strands floating past her face as she glides through the air on a park swing. Here is home for Altis. “It’s very relaxing,” said Altis, of De Soto. “Like you can almost just tune everything out.” So when a scholarship competition sponsored by Google asked her to draw her ideal way of taking care of… Source link

Gina Raimondo is the 40th U.S. Secretary of Commerce. Cecilia Rouse serves as the 30th Chair of the Council of Economic Advisers. Brian Deese serves as the Director of the National Economic Council. Congress recently answered President Biden’s call for reform in the State of the Union by passing bipartisan legislation to crack down on excessive fees and other unfair practices in the ocean shipping industry. Addressing these unfair business practices is just the latest success in the… Source link

Germany’s competition regulator is looking into possible abuses related to how Google operates its Maps product. It’s the latest proceeding the Federal Cartel Office (FCO) has opened against Google — with earlier (ongoing) investigations into the tech giant’s News Showcase licensing practices and its data terms. However the Maps proceeding is the first initiated under tougher abuse controls which have applied to Google’s business in Germany since January — when the… Source link

Years ago, John Oliver galvanized his Last Week Tonight viewers to join in the fight for net neutrality — instigating a flood of comments that broke down the Federal Communications Commission’s website in 2014. Last night, he turned his attention to a pair of upcoming tech antitrust bills. During his Sunday night show, Oliver explained the ways large tech companies rule the internet. From Apple and Google taking huge cuts from app store sales to Amazon’s stranglehold on the online… Source link

Goldman Sachs is kicking a streaming dog when it’s down. Goldman analyst Eric Sheridan slashed his rating on Netflix (NFLX) shares to Sell from Neutral on Friday, sending the stock off as much as 5% in pre-market trading. Sheridan cut his price target on Netflix to $186 from $265. “We have concerns around the impact of a consumer recession as well as heightened levels of competition on demand trends (both in the form of gross adds and churn), margin expansion, and levels of content spend and… Source link

Kenny Pickett projects as the future at quarterback for the Pittsburgh Steelers. But he’s going to have to earn it. The only quarterback selected in the first round of last week’s draft, Pickett joins a quarterback room in Pittsburgh that include Mason Rudolph and free-agent signing Mitchell Trubisky, both of whom have been starters in the NFL. Steelers coach Mike Tomlin told NFL Network’s Rich Eisen on Wednesday that the Steelers drafted Pickett in part because of his “pro-ready” accuracy. He… Source link