The headquarters of media broadcaster/publisher Seven West Media in Sydney, Australia February 14, 2017. Picture taken February 14, 2017. REUTERS/Jason Reed Australian television and newspaper firm Seven West Media Ltd (SWM.AX) signed multi-year content deals with Facebook Inc (FB.O) and Google as tough new media laws enabled the industry to secure new revenue sources and adapt to the internet age. The top-rating free-to-air broadcaster and publisher of Perth city’s main metro daily said on… Source link
Read More »Australia’s Seven West Media signs Google, Facebook deals after media law feud
Bloomberg Warren Buffett Sees a ‘Red Hot’ Economy With Creeping Inflation (Bloomberg) — Warren Buffett delivered a clear verdict Saturday on the state of the U.S. economy as it emerges from the pandemic: red hot.“It’s almost a buying frenzy,” the Berkshire Hathaway Inc. chief executive officer said during the conglomerate’s annual meeting, which was held virtually from Los Angeles. “People have money in their pocket and they’re paying higher prices,” he said.Buffett… Source link
Read More »Google, Facebook sued by publishers
Publishers of 125 newspapers in 11 states filed or announced lawsuits against Google and Facebook on Monday claiming the tech giants have unlawfully monopolized the digital advertising market and engaged in an illegal secretive deal, nicknamed “Jedi Blue,” to thwart competition. Fourteen complaints were filed or announced by publishers from Indiana, including AIM Media (parent company of AIM Media Indiana and owners of The Tribune), Texas, Ohio, Pennsylvania, West Virginia,… Source link
Read More »Despite Huge Cash Piles, Facebook, Amazon, Google Are Unlikely To Pay Out Dividends Anytime Soon, Say Analysts
Topline Three of the most dominant tech companies in the world — Facebook, Amazon and Google parent Alphabet — have never paid a dividend to shareholders, instead choosing to use their available capital to generate high growth through acquisitions and investing in internal businesses, but may be compelled to once they mature and growth slows. MARCH 25th 2021: Facebook CEO Mark Zuckerberg, Google (Alphabet Inc.) CEO Sundar Pichai and Twitter … [+] CEO Jack Dorsey testify before… Source link
Read More »Butler newspaper sues Google, Facebook on federal antitrust complaints
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Read More »Wisconsin newspapers sue Google, Facebook
MILWAUKEE (AP) — A group of small Wisconsin newspapers have filed a federal lawsuit claiming Google and Facebook’s control of digital advertising threatens the publications’ existence and violates antitrust law. The Milwaukee Journal Sentinel reports that the lawsuit claims the monopoly will have a profoundly negative effect on American democracy. One of the attorneys representing the Wisconsin publications says newspaper publishers have filed about a dozen similar complaints in other… Source link
Read More »Wisconsin newspapers sue Google, Facebook
MILWAUKEE (AP) — A group of small Wisconsin newspapers have filed a federal lawsuit claiming Google and Facebook’s control of digital advertising threatens the publications’ existence and violates antitrust law. The Milwaukee Journal Sentinel reports that the lawsuit claims the monopoly will have a profoundly negative effect on American democracy. One of the attorneys representing the Wisconsin publications says newspaper publishers have filed about a dozen similar complaints in other… Source link
Read More »Facebook Will Now Let Users Transfer Posts and Notes to Google Docs, Blogger and WordPress
Facebook is adding more ways for users to maintain control of their on-platform data, with a new option to transfer your Facebook posts and notes to Google Docs, Blogger and/or WordPress, the latest element in its evolving data portability push. As explained by Facebook: “People can now directly transfer their notes and posts to Google Docs, Blogger and WordPress.com. These updates extend the reach of the tool that already enables people to transfer their photos and videos to Backblaze,… Source link
Read More »Better Buy: Facebook vs. Google
Google (NASDAQ:GOOG) and Facebook (NASDAQ:FB) are two of the top-performing stocks of the last decade. The internet giants have beaten the S&P 500 over the last five and 10 years as they’ve come to dominate online advertising and other markets. And while both businesses have their nuances, Facebook and Google are quite similar, seeing as they both make money by targeting users with advertisements. But which stock is a better buy over the next five… Source link
Read More »Facebook and Google to come under the microscope of new online competition regulator
A new online competition regulator in the U.K. will target the likes of Facebook and Google in the latest push to rein in the power of technology giants in Europe. The Digital Markets Unit, or DMU, was launched by the British government on Wednesday, though its power to levy fines isn’t expected to come until next year, according to the Wall Street Journal. Parliament must approve legislation governing the regulator’s oversight abilities before it has real power to police… Source link
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