Tag Archives: Facebook

Canada’s local news publishers, big and small, came together this fall to urge the federal government – and MPs of all parties — to join with democracies around the world in fighting Google and Facebook’s relentless attacks against local news. The two web giants use their monopoly positions to deny local newspapers the revenues – primarily from advertising – that pays for real journalism. We outlined a comprehensive set of actions needed to loosen this unfair market stranglehold… Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link

A young mum who vanished 10 months ago has been found dead near a rubbish dump after hundreds of people joined the search for her body. Danna Sugey Salgado Davalos, who would have turned 21 years old in June, was found after an extensive search organised by her parents, relatives and a missing person’s organisation. The young woman, who was a mother of a two-year-old girl, was last seen leaving her home in Tijuana, in the north-western Mexican state of Baja California, to meet someone she… Source link

It’s the same question asked by tech executives of an earlier era whose companies had also been accused of illegal monopolization — Kodak, Xerox, IBM, AT&T, Intel and Microsoft. And the honest answer, one that regulators and politicians rarely say out loud, is that when companies are so successful that they achieve dominance in their markets, then some of what they used to do — and what their rivals can still do — becomes illegal. At its core, antitrust law says that to save… Source link

Such allegations provide some of the strongest ammunition yet to advocates who argue that the U.S. major tech companies have gotten too big and are using their power — sometimes in conjunction with each other — to control markets. Many of the details about the Google-Facebook agreement, including its specific language, are redacted from the complaint. But the states say it “fixes prices and allocates markets between Google and Facebook as competing bidders in the auctions for… Source link

Wednesday, December 16, 2020 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe A scorched-Earth campaign Apple (AAPL) and Facebook (FB) have one of the fiercest business rivalries in the world, and the tech giants just launched dual scorched earth campaigns that could hurt both companies’ businesses. The tech titans have been at each other’s… Source link

By Diane Bartz, Paresh Dave WASHINGTON (Reuters) – Texas and nine other states sued Google on Wednesday, accusing it of working with Facebook Inc in an unlawful manner that violated antitrust law to boost its already-dominant online advertising business.The states asked that the Alphabet Inc-owned company, which controls a third of the global online advertising industry, compensate them for damages and sought “structural relief,” which is usually interpreted as forcing a company to divest… Source link

News Federal authorities have accused tech giants Facebook and Google of anti-competitive practices. The latest lawsuit was filed this week against Facebook, which has long been the target of politicians and government regulators for its data collection and content censoring practices. Do you think the tech giants have gotten too big? Answer below. Top Stories Source link