Tag Archives: competition

Apple and Google will both attend Senate hearing on app store competition

TipRanks The Dip in These 3 Stocks Is a ‘Buying Opportunity,’ Say Analysts The investing game is rarely plain sailing. While no doubt investors would like the choices that make up their portfolio to always go up, the reality is more complicated. There are periods when even shares of the world’s most successful companies have been on a downward trajectory for one reason or another. While it’s no fun watching a stock you own drift to the bottom, any savvy investor knows that if the… Source link

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Facebook and Google to come under the microscope of new online competition regulator

A new online competition regulator in the U.K. will target the likes of Facebook and Google in the latest push to rein in the power of technology giants in Europe. The Digital Markets Unit, or DMU, was launched by the British government on Wednesday, though its power to levy fines isn’t expected to come until next year, according to the Wall Street Journal. Parliament must approve legislation governing the regulator’s oversight abilities before it has real power to police… Source link

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Russia’s Yandex seeks more time to respond to allegation it broke competition law

TipRanks Keep on Buying These 3 EV Stocks, Says Analyst Following Conference Investors are always on the lookout for the next big thing, the next industry that will bring the great returns. Predicting what stock sector will blast off is an inexact science, at best; but like politics, stocks run downstream from culture. And right now, culture is all-in for clean energy and electric cars. Observing the electric vehicle (EV) stock sector for Colliers Securities is industry expert Michael Shlisky…. Source link

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Russian watchdog warns of competition risks from Yandex.Taxi deal with Vezet

MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) said on Wednesday a deal between Yandex.Taxi ride-hailing service, a subsidiary of Russian internet group Yandex, and a taxi firm Vezet could have negative effect on competition on the taxi market. Yandex.Taxi announced last month the acquisition of selected assets of Vezet to ramp up development of logistics services and enhance customer case across Russian regions. FAS said the deal did not require its approval as assets… Source link

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Russian watchdog warns of competition risks from Yandex.Taxi deal with Vezet

MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) said on Wednesday a deal between Yandex.Taxi ride-hailing service, a subsidiary of Russian internet group Yandex, and a taxi firm Vezet could have negative effect on competition on the taxi market. Yandex.Taxi announced last month the acquisition of selected assets of Vezet to ramp up development of logistics services and enhance customer case across Russian regions. FAS said the deal did not require its approval as assets… Source link

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Microsoft, Google have nasty exchange over Journalism Competition and Preservation Act

BMO Capital Markets chief investment strategist Brian Belski on his outlook for the big tech stocks. Microsoft and Google are going head-to-head over new, bipartisan legislation that would help digital media companies and newspapers negotiate with Big Tech companies. The Journalism Competition and Preservation Act, which has been introduced in the House and Senate, would allow small news organizations to negotiate fees with the Big Tech companies of the world — like Google and Facebook –… Source link

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Microsoft and Google openly feuding amid hacks, competition inquiries – Yahoo Finance

Bloomberg Trader Arrested as WallStreetBets Phenomenon Finds Echo in Japan (Bloomberg) — A retail investor buys shares in a small company, touts his position on social media and inspires a horde of followers to do the same. The stock price goes to the moon — before crashing back to earth.It’s an all-too-familiar tale to anyone watching the market in 2021, but this wasn’t GameStop Corp. It wasn’t even in America. And it happened in 2018.It was in the Japanese city of Osaka, where a day… Source link

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Microsoft and Google openly feuding amid hacks, competition inquiries

WASHINGTON (Reuters) – Google and Microsoft are at knives drawn. Driven in part by pressure from lawmakers and regulators over the extraordinary power the two technology companies wield over American life, the California-based search engine giant and Washington-based software firm are wrestling to throw each other under the bus. Tensions between Microsoft Corp and Alphabet-owned Google have been simmering for a while but the rivalry has become unusually public in recent days as executives from… Source link

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Burger King, Wendys ramp up the competition in the chicken sandwich wars

Burger King (QSR) on Wednesday jumped into the widening chicken wars with a new hand-breaded sandwich — just as McDonald’s is expected to debut its own version, and on the same day Wendy’s rolled out an update to its menu item. The battlefield for the hearts and stomachs of consumers is growing more fierce, with a clutch of fast food giants unveiling competitors for Popeye’s wildly popular sandwich. As a result, Burger King is planning to release the item nationwide later this year, after a… Source link

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