TipRanks Oppenheimer: These 3 Stocks Could Spike Over 80% Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. In his first note of the new year, Stoltzfus notes a series of factors that are going to impact the markets. The big news, of course, the 800-pound gorilla that cannot be ignored, is the ongoing COVID epidemic. The disease is… Source link
Read More »America has a hate problem. Facebook and Google are part of it, D.C.’s top attorney says.
This summer, Racine was among 20 state attorneys general who wrote to Facebook urging it to do more to crack down on hate and disinformation amid an advertiser boycott over the same issues. His office also has an ongoing lawsuit against the social network over the Cambridge Analytica data breach and signed on to the antitrust lawsuits filed this month against both Facebook and Google. “They react and change policy when they are under pressure,” Racine said. “Left to their own devices they… Source link
Read More »Google and Facebook face antitrust reckoning — here’s what could happen in 2021
ND joins lawsuits against Facebook and Google
BISMARCK, N.D. (KFYR) – Many of us use Facebook and Google every day, but those two entities control more of our digital space than we realize. Both media giants are now involved in anti-competition lawsuits, claiming they’re monopolizing the market. Facebook and Google have been hit with a string of antitrust lawsuits recently, and North Dakota’s Attorney General Wayne Stenehjem, R-N.D., has specifically signed onto two of them: one against Google with nine other attorneys general and… Source link
Read More »The Big Story: Google And Facebook Under The Mistletoe?
Google, Facebook reportedly agreed to work together to fight antitrust probes
Enlarge / Signage in front of a building on the Google campus in Mountain View, California, on Wednesday, Dec. 16, 2020. More than three dozen state attorneys general last week filed an antitrust suit against Google, accusing the tech behemoth of a slew of anticompetitive behaviors. Among those behaviors, a new report finds, is an explicit agreement from Google to work with Facebook not only to divide the online advertising marketplace, but… Source link
Read More »Google, Facebook agreed to team up against possible antitrust action, draft lawsuit says
Applico CEO Alex Moazed on the DOJ’s lawsuit against Google as the company calls it ‘deeply flawed.’ WASHINGTON— Facebook Inc. and Alphabet Inc.’s Google agreed to “cooperate and assist one another” if they ever faced an investigation into their pact to work together in online advertising, according to an unredacted version of a lawsuit filed by 10 states against Google last week. Ticker Security Last Change Change % FB FACEBOOK INC. 268.96 -3.83 -1.40% GOOGL ALPHABET INC. 1,719.41
Read More »Google, Facebook agreed to team up against potential antitrust action
Facebook Chief Operating Officer Sheryl Sandberg speaks on stage during Facebook session at the Cannes Lions 2019 : Day Three on June 19, 2019 in Cannes, France. Richard Bord | Getty Images Google and Facebook pledged to help one another if they ever faced an investigation into their pact to work together in online advertising, according to a report from The Wall Street Journal on Tuesday. The story is based on an unredacted version of a lawsuit filed by 10 U.S. states against Google last week… Source link
Read More »Google, Facebook agreed to team up against possible antitrust action, draft lawsuit says – WSJ
(Reuters) – Facebook Inc and Alphabet Inc’s Google agreed to “cooperate and assist one another” in case of an investigation into their pact to work together in online advertising, the Wall Street Journal reported late on Monday. The Journal report cited an unredacted version of a lawsuit filed by 10 states against Google last week. The states had accused Google of working with Facebook in an unlawful manner that violated antitrust law to boost its already-dominant online advertising… Source link
Read More »Google, Facebook Agreed to Team Up Against Possible Antitrust Action, Draft Lawsuit Says
The suit, as filed, cites internal company documents that were heavily redacted. The Wall Street Journal reviewed part of a recent draft version of the suit without redactions, which elaborated on findings and allegations in the court documents. Ten Republican attorneys general, led by Texas, are alleging that the two companies cut a deal in September 2018 in which Facebook agreed not to compete with Google’s online advertising tools in return for special treatment when it used… Source link
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