Tag Archives: dominance

(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

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 3, 2022 Waiting for the dollar’s Godot Is the U.S. dollar over as a reserve currency? That is one of several takeaways from the increasingly anfractuous conflict between Russia and Ukraine. A flurry of heavy-handed sanctions has isolated Moscow, and may yet ricochet across the global economy in unexpected ways (not the least of… Source link

Tesla (TSLA) bulls shouldn’t get too comfy with the company’s market dominance continuing unabated, warns Guggenheim analyst Ali Faghri.  “Our balanced view [on Tesla] is based on: 1) a favorable near-term setup — with demand outpacing supply, we see visibility to volume upside in 2022 and 2023 as new factories in Austin and Berlin ramp; 2) competitive advantage over all original equipment manufacturers today, including a high degree of vertical integration, a software defined vehicle… Source link

The anti-monopoly regulation unit of the Eurasian Economic Commission has completed an investigation into Russian internet search engine Yandex, reports Vedomosti. The investigation looked at potential abuse of the company’s dominant position in the internet search advertising market. Source link

(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger spelled out the cost of his drive to return the world’s largest chipmaker to leadership of the industry and investors weren’t pleased. Shares fell about 9% in extended trading. Most Read from Bloomberg Executives said profitability will suffer during the next few years because of increased spending on the company’s manufacturing technology. Near term, if Intel’s fourth quarter comes in as the chipmaker projects, sales… Source link

Australia’s competition watchdog is the latest to push for legal powers to curb Google’s dominance in the adtech sector. It has made the call as it published its final report on an inquiry examining competition concerns in the digital advertising sector. In the report, the Australian Competition and Consumer Commission (ACCC) concludes that new regulatory solutions are needed to address Google’s dominance and competition to the adtech sector — “for the benefit of businesses… Source link

The brand logo of Alphabet Inc’s Google is seen outside its office in Beijing, China August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter/File Photo SYDNEY, Sept 28 (Reuters) – Australia’s antitrust watchdog said it wants the power to curb Google’s use of internet data to sell targeted ads, saying the Big Tech firm dominated the market to the point of harming publishers, advertisers and consumers. The comments, in a report published Tuesday, set up another possible showdown… Source link

Microsoft’s 85% share of the productivity business within the U.S. government market is part of a harmful “monoculture” that stifles innovation, according to a new report commissioned by Google and the Computer & Communications Industry Association. Between the lines: The report is the latest example of Google and Microsoft going after one another since the companies scrapped a pact to avoid direct attacks. The big picture: Microsoft’s huge share of the office productivity suite market isn’t… Source link

Indian visitors talk on their mobile phones outside the Google stall at the India Mobile Congress in New Delhi on Sept. 27, 2017. Prakash Singh | AFP | Getty Images Google abused the dominant position of its Android operating system in India, using its “huge financial muscle” to illegally hurt competitors, the country’s antitrust authority found in a report on its two-year probe seen by Reuters. Alphabet Inc’s Google reduced “the ability and incentive of device manufacturers to develop and sell… Source link