Tag Archives: Curb

A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo SEOUL, Aug 25 (Reuters) – A South Korean parliamentary committee voted on Wednesday to recommend amending a law, a key step toward banning Google and Apple from forcibly charging software developers commissions on in-app purchases, the first such curb by a major economy. Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google have faced global criticism… Source link

Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration SEOUL, Aug 24 (Reuters) – South Korea is likely to bar Alphabet Inc’s (GOOGL.O) Google and Apple Inc (AAPL.O) from charging software developers commissions on in-app purchases, the first such curbs by a major economy that could hurt the tech giants’ lucrative revenue streams. The parliament’s legislation and judiciary committee is expected on Tuesday to approve the amendment of the… Source link

Walmart (WMT), the world’s largest retailer, reported better-than-expected second-quarter revenue and sales results, driven by store traffic and stimulus check spending that bolstered its footprint in grocery sales in the face of surging COVID-19 infections nationwide. Here are the results versus the estimates, according to Bloomberg: Adjusted EPS: $1.78 v. $1.57 estimate Revenue: $141 billion v. $136.88 billion Walmart U.S. comp-store sales (excluding gas): 5.2% v. 3.12% estimate Walmart U.S…. Source link

Evening commuters make their way toward a New Jersey Transit train platform at Penn Station in New York City. Drew Angerer | Getty Images Alphabet‘s Google told Reuters this week it is developing an alternative to the industry standard method for classifying skin tones, which a growing chorus of technology researchers and dermatologists says is inadequate for assessing whether products are biased against people of color. At issue is a six-color scale known as Fitzpatrick Skin Type (FST), which… Source link

June 18 (Reuters) – Alphabet Inc’s (GOOGL.O) Google told Reuters this week it is developing an alternative to the industry standard method for classifying skin tones, which a growing chorus of technology researchers and dermatologists says is inadequate for assessing whether products are biased against people of color. At issue is a six-color scale known as Fitzpatrick Skin Type (FST), which dermatologists have used since the 1970s. Tech companies now rely on it to categorize people and… Source link

TipRanks 3 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Do you like roller coasters? According to Deutsche Bank, we’re looking at some roller coaster volatility for the next few months, with near-term gains likely, followed by a Q2 retreat, and second-half gains. The firm expects share values to fall in the next three months, perhaps by as much as 5% to 10%, for several reasons laid out by the firm’s strategist Binky Chadha. “The more front-loaded the impact of the… Source link

Photo by Denis Charlet/AFP via Getty Images AFP via Getty Images The UK is planning a new tech regulator to govern the activities of platforms such as Facebook and Google. The new Digital Markets Unit will form part of the Competition and Markets Authority (CMA) and will enforce a new, not yet finalized, code of practice. It’s set to start operating in April next year. “There is growing consensus in the UK and abroad that the concentration of power… Source link