Tag Archives: faces

Trump Organization faces a criminal trial — why it could be tough to punish

Trump Organization faces a criminal trial — why it could be tough to punish

On Monday, Donald Trump will enter a new phase in his financial and legal challenges when jury selection begins in the Manhattan district attorney’s criminal tax fraud trial against his business. The Trump Organization might face an uphill battle on the legal merits of the case, as its former CFO, Allen Weisselberg, already pleaded guilty and is set to implicate his former employer. But the structure of the Trump Organization and its status as a holding company could make it hard to punish… Source link

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U.S. grocer Kroger carts away Albertsons for $25 billion but faces antitrust test

U.S. grocer Kroger carts away Albertsons for $25 billion but faces antitrust test

By Aishwarya Venugopal, Diane Bartz and Abigail Summerville (Reuters) – Kroger Co snapped up Albertsons Cos Inc in a $25 billion deal on Friday, creating a U.S. grocery behemoth to better compete with leader Walmart Inc on prices while bracing for potential antitrust roadblocks. The mega merger between the No. 1 and 2 standalone grocers in the United States will bring under one roof nearly 5,000 stores that include banners such as Albertsons’ Safeway and Kroger-owned Ralphs and Fred Meyer. The… Source link

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Exclusive: Google faces EU antitrust charges over its adtech business – sources

Exclusive: Google faces EU antitrust charges over its adtech business – sources

BRUSSELS, Oct 13 (Reuters) – Alphabet (GOOGL.O) unit Google could face EU antitrust charges next year over its digital advertising business, putting the company at risk of its fourth fine in the EU of more than a billion euros, people familiar with the matter said on Thursday. Google’s ad business, which generated over $100 billion in sales last year, is Alphabet’s biggest moneymaker. It accounted for about 80% of annual revenue, despite efforts over the past decade to push into selling… Source link

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Exclusive-Google faces pressure in India to help curb illegal lending apps -sources

Exclusive-Google faces pressure in India to help curb illegal lending apps -sources

By Nupur Anand, Ira Dugal MUMBAI (Reuters) – Alphabet Inc’s Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. FILE PHOTO: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Even though Google doesn’t fall under the Reserve Bank of India’s (RBI) ambit, the U.S…. Source link

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EXCLUSIVE Google faces pressure in India to help curb illegal lending apps -sources

EXCLUSIVE Google faces pressure in India to help curb illegal lending apps -sources

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register MUMBAI, Sept 19 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal digital lending applications in India, according to sources. Even though Google doesn’t fall under the Reserve… Source link

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Google faces $25.4 billion damages claims in UK, Dutch courts over adtech practices

Google faces $25.4 billion damages claims in UK, Dutch courts over adtech practices

Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 13 (Reuters) – Alphabet unit Google (GOOGL.O) will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch courts in the coming weeks by a law firm on behalf of publishers. Google’s adtech has recently drawn scrutiny from antitrust regulators following complaints from publishers. read more The French competition watchdog… Source link

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Google faces €25bn lawsuit in UK and EU over digital advertising | Google

Google faces €25bn lawsuit in UK and EU over digital advertising | Google

Google faces a €25bn (£21.6bn) lawsuit in the UK and EU that accuses the tech firm of anticompetitive conduct in the digital advertising market. The company, which is a key player in the online ad market as well as being a dominant force in search, is accused of abusing its power in the ad tech market, which coordinates the sale of online advertising space between publishers and advertisers. “Publishers, including local and national news media who play a vital role in our society, have… Source link

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Scott Frost starts season on hot seat as Nebraska faces Northwestern in Ireland

Scott Frost starts season on hot seat as Nebraska faces Northwestern in Ireland

College football is finally here. Though the real fun begins next week with Week 1, there are seven FBS vs. FBS games on the schedule on Saturday. The headliner is the Big Ten game in Ireland between Nebraska and Northwestern. Elsewhere, there are a few Conference USA games on the slate, Florida State and North Carolina host FCS opponents and an SEC team travels to Hawaii. What are the best games? Nebraska at Northwestern (12:30 p.m. ET, Fox) Coming off a miserable 3-9 record in 2021, Scott… Source link

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Google Cloud data center in London faces outage on UK’s hottest day

Google Cloud data center in London faces outage on UK’s hottest day

3D printed clouds and figurines are seen in front of the Google Cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register July 19 (Reuters) – A Google Cloud data center in London faced an outage on Tuesday, according to an update on the Alphabet Inc (GOOGL.O) unit’s status page, as temperature in the UK soared to a record high. Google Cloud said it was a “cooling related” failure at one of the… Source link

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Google faces $1 bln UK trial over app store pricing

Google faces $1 bln UK trial over app store pricing

LONDON, July 19 (Reuters) – Google (GOOGL.O) faces a London trial over an estimated 920-milion-pound ($1.1 billion) damages claim after a court authorised a lawsuit that alleges the Alphabet-owned tech giant overcharged 19.5 million customers for app store purchases. The class action, which was certified by the Competition Appeal Tribunal on Monday, alleges Google abused its dominant position by charging up to 30% commission on popular apps on its Play Store, including Roblox, Candy Crush… Source link

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