Tag Archives: Europe

Europe has greenlit Google’s $2.1BN acquisition of fitness wearable maker Fitbit, applying a number of conditions intended to shrink competition concerns over letting it gobble a major cache of health and wellness data following months of regulatory scrutiny of the deal. While Google announced its plan to buy Fitbit over a year ago, it only notified the transaction to the Commission on June 15, 2020 — meaning it’s taken half a year to be given a caveated go-ahead by Europe. It is… Source link

The European Commission must block the Google -Fitbit merger as a matter of democratic imperative, prominent academic and author Shoshana Zuboff has warned. The Harvard professor who wrote the defining book on surveillance capitalism has become the latest voice raised against the $2.1 billion data+devices deal — that’s now been delayed at the regulatory clearance stage for more than a year. Others calling for the Google-Fitbit acquisition to be blocked — unless or until robust… Source link

The European Commission must block the Google -Fitbit merger as a matter of democratic imperative, prominent academic and author Shoshana Zuboff has warned. The Harvard professor who wrote the defining book on surveillance capitalism has become the latest voice raised against the $2.1 billion data+devices deal — that’s now been delayed at the regulatory clearance stage for more than a year. Others calling for the Google-Fitbit acquisition to be blocked — unless or until robust competition,… Source link

Stocks pointed sharply lower Monday as new data showed a jump in COVID-19 cases in both the U.S. and Europe. Restrictions tightened across major countries overseas, raising the specter of a further pullback in business operations and deeper anchor on global economic activity. Shares of companies set to benefit from a broader economic reopening including airlines like American Airlines (AAL), cruise lines including Norwegian Cruise Line Holdings (NCLH) and hotels like Wynn Resorts (WYNN) sank…. Source link

After a wide-ranging 16-month investigation, a congressional subcommittee examining dominance in the technology industry last week recommended more than two dozen updates to the U.S. antitrust system, including implementing nondiscrimination rules that would limit “preferential or discriminatory treatment” by dominant platforms. But such rules can be hard to enforce, experts said, and attempts by the European Union to spur… Source link

The Google consent management platform (CMP) Funding Choices will finally integrate with the IAB Europe’s Transparency & Consent Framework (TCF), the collaborative industry solution for passing consent data signals in the supply chain. Google also said Thursday that Funding Choices now includes compliance with the California Consumer Privacy Act (CCPA). When traffic is from the EU or from California, Google will serve consent messages (aka pop-ups) that request explicit consent in… Source link

Google today announced its plans to build a new subsea cable with landing points in New York in the U.S. and Bude, U.K. and Bilbao, Spain in Europe. The new cable, named after the pioneering computer scientist Grace Hopper, will join Google’s various other private subsea cables like Curie between the U.S. and South America, Dunant between the U.S. and France and Equiano between Europe and Africa. The new cable is scheduled to go online in 2022 and will be built by SubCom, which… Source link