Tag Archives: European

European news companies sue Google over ad tech dominance

European news companies sue Google over ad tech dominance

European news media companies sued Google for roughly $2.1 billion in damages Wednesday over allegations that the tech giant’s ad technology practices have harmed them.   The case, filed by more than 30 European news media companies, including the German-based company Axel Springer that owns Politico, is the latest challenge to the California-based company over its ad technology, including a case launched by the Department of Justice last year.   The companies suing… Source link

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European Stocks Push Higher on Coattails of S&P: Markets Wrap

European Stocks Push Higher on Coattails of S&P: Markets Wrap

(Bloomberg) — European stocks edged up after the S&P 500 closed at a new record high Friday amid optimism over eventual Federal Reserve interest-rate cuts and as investors look forward to a crucial update on US inflation. Most Read from Bloomberg Rates-sensitive real estate stocks led broad gains across almost every industry group in Europe. Shares in Italian luxury brand Tod SpA shares rose as much as 18% after the founding family said it had enlisted buyout firm L Catterton in a new attempt… Source link

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European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

(Bloomberg) — European stocks fell as traders weighed the outlook for monetary policy ahead of a raft of speeches by policy makers at the World Economic Forum in Davos this week. Most Read from Bloomberg The Stoxx Europe 600 index slipped 0.2%, extending a lackluster start to the year after a 13% rise in 2023. Basic resources and carmakers led the decline after Germany’s economy dodged a recession, though the latest data showed it contracted for the first time since the pandemic last year…. Source link

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Google will let European Play Store users pay with alternate billing systems

Google will let European Play Store users pay with alternate billing systems

Google will start allowing the developers of non-gaming apps to offer European users alternate payment systems. In a blog post, Google outlines its plans to comply with the Digital Markets Act (or DMA), a piece of legislation aimed at regulating big tech. The DMA passed through the European Parliament earlier this month, but it isn’t expected to go into force until spring 2023. But Google is rolling out the changes ahead of time to make sure that its plans “serve the needs” of… Source link

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Australian golf ‘strongly’ supports PGA, European tours

Australian golf ‘strongly’ supports PGA, European tours

Australian golf Thursday reaffirmed its “full support” of the US PGA Tour and European Tour in a rebuke to the Saudi-backed LIV series headed by Greg Norman, calling their relationship “stronger than ever”. The PGA of Australia had been silent since Norman, whose name is lent to Australian golf’s most prestigious annual award, debuted the mega-money LIV Golf Invitational Series in England earlier this month. But chief executive Gavin Kirkman said he was excited about the future alongside the… Source link

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European, U.S. Groups Plan Salvo of Privacy Complaints Against Google

European, U.S. Groups Plan Salvo of Privacy Complaints Against Google

Consumer groups from several European countries on Thursday plan to file formal complaints to regulators alleging that Google violates privacy rules and doesn’t inform users of how their data from across the company’s services is used to target advertisements. Google makes it simple for users to click one button to share their data when signing up to a service; opting out, however, requires several additional clicks, the complaints say. The Alphabet Inc. unit… Source link

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