Tag Archives: dominance

Linux teams up with partners to overthrow Google Maps’s dominance

Linux teams up with partners to overthrow Google Maps’s dominance

Google is the map provider to beat, and the Linux Foundation wants to attempt just that Let’s face it: Google Maps is a great mapping service that might be all you’ll ever need depending on where you live or which places you visit. If you’re looking for a similarly full-fledged mapping service on Android, you’re basically out of luck, even with an abundance of more specialized services out there. In fact, many third-party developers rely on Google Maps… Source link

Read More »

Investors Call Time on FAANG Stock Dominance After Nasdaq’s Rout

Investors Call Time on FAANG Stock Dominance After Nasdaq’s Rout

(Bloomberg) — For some investors, this year’s rout in high-flying technology stocks is more than a bear market: It’s the end of an era for a handful of giant companies such as Facebook parent Meta Platforms Inc. and Amazon.com Inc. Most Read from Bloomberg Those companies — known along with Apple Inc., Netflix Inc. and Google parent Alphabet Inc. as the FAANGs — led the move to a digital world and helped power a 13-year bull run. But history shows that market leaders of one era almost… Source link

Read More »

UK investigating Apple, Google’s mobile browser dominance

UK investigating Apple, Google’s mobile browser dominance

Nov 22 (Reuters) – Britain’s competition watchdog said on Tuesday it had launched an in-depth investigation into the market dominance of Apple (AAPL.O) and Google’s (GOOGL.O) mobile browsers, months after the regulator began considering a probe. Reporting by Pushkala Aripaka in Bengaluru; Editing by Shinjini Ganguli Our Standards: The Thomson Reuters Trust Principles. Source link

Read More »

UK’s Ofcom probes Amazon, Microsoft and Google over cloud dominance

UK’s Ofcom probes Amazon, Microsoft and Google over cloud dominance

The probe will focus on so-called “hyperscalers” like Amazon Web Services and Microsoft Azure, which let businesses access computing power and data storage from remote servers. Chesnot | Getty Images British media regulator Ofcom is investigating Amazon, Microsoft and Google’s tight grip on the cloud computing industry. In the coming weeks, the watchdog will launch a study to examine the position of firms offering public cloud infrastructure and whether they pose any barriers to competition. Its… Source link

Read More »

Texas’ lawsuit on Google’s ad dominance can mostly proceed, judge rules

Texas’ lawsuit on Google’s ad dominance can mostly proceed, judge rules

A woman passes the logo from the web search engine provider Google during the digital society festival ‘re:publica’, at the Arena Berlin in Berlin, Germany June 9, 2022. REUTERS/Annegret Hilse Register now for FREE unlimited access to Reuters.com Register OAKLAND, Calif., Sept 13 (Reuters) – Alphabet Inc’s (GOOGL.O) Google must face all but one antitrust allegation about its online advertising business brought in a lawsuit by attorneys general for Texas and 16 other states or territories, a… Source link

Read More »

Google, DOJ square off over search dominance

Google, DOJ square off over search dominance

Google pays “billions” to other companies to keep Google Search as the default option on phones, in browsers and elsewhere, maintaining an illegal dominance over the search market, the Justice Department said Thursday in court. Driving the news: Lawyers for Google along with the Justice Department spoke before federal judge Amit Mehta Thursday in a hearing where both sides laid out relevant facts in the DOJ’s 2020 antitrust suit against the search giant. The hearing was a tutorial of sorts… Source link

Read More »

You.com raises $25 million to take on Google’s search dominance

You.com raises $25 million to take on Google’s search dominance

“Why won’t Google just build that?” That question has been posed to entrepreneurs by venture capitalists so often that it’s become a cliché. But not when asked of Richard Socher, the former Salesforce chief scientist who founded a web search startup called You.com. Driving the news: You.com today is announcing $25 million in Series A funding led by Radical Ventures. This follows a $20 million seed round last fall led by Marc Benioff’s Time Ventures. Other backers in the new deal include Breyer… Source link

Read More »

Google hit by second UK antitrust probe into online ad dominance

Google hit by second UK antitrust probe into online ad dominance

The entrance to Google’s U.K. offices in London. Olly Curtis | Future Publishing | via Getty Images The U.K.’s competition regulator has opened a fresh investigation into Google, taking aim at the company’s role in the advertising technology market. It’s the second major antitrust probe to target Google’s ad practices in the U.K. The Competition and Markets Authority launched a separate investigation with the European Union into Google and Facebook parent company Meta earlier this year over… Source link

Read More »

Usurping Dollar’s Dominance Over World Is a Near Impossible Task

(Bloomberg) — Dethroning the dollar is easier said than done. Most Read from Bloomberg That’s the conclusion of investors after Washington’s freeze of Russia’s dollar holdings created fresh impetus among central bankers to rethink the security of access to foreign-exchange reserves. The move fueled speculation that countries such as China could redouble efforts to unshackle itself from greenback-denominated financial systems and look for alternatives. While Goldman Sachs Group Inc. and… Source link

Read More »