Tag Archives: faces

Amazon (AMZN) is facing expanded antitrust claims in an amended lawsuit originally brought against the e-commerce giant in May by the Attorney General for the District of Columbia. The original suit, filed in May, accused Amazon of illegally abusing its monopoly power and violating the District of Columbia Antitrust Act by forbidding third-party sellers from offering cheaper rates for their products on competing websites. In the amended suit, Washington, DC Attorney General Karl Racine adds… Source link

A coalition of more than 30 states on Wednesday sued Google for allegedly abusing its power it has over developers through its Google Play store on Google devices, like Androids. SOPA Images/SOPA Images/LightRocket via Gett hide caption toggle caption … Source link

On Wednesday, a coalition of state attorneys general launched a new antitrust lawsuit against Google, accusing the search giant of abusing its control of the Android app store, as reported by Bloomberg. The lawsuit, filed by 36 states and Washington, DC, in California federal court, challenges Google’s policy forcing Google Play app developers to pay a 30 percent commission fee on sales made through the app. Google recently expanded the fees to cover more digital goods purchased on the… Source link

The Delta variant of COVID-19, which originated in India, is the latest challenge the world is facing as key regions struggle to contain the coronavirus pandemic. The strain is significantly more contagious than any other that’s appeared so far, scientists say. It has raised concerns over whether or not the vaccines currently available are effective enough to counter its spread. Delta now accounts for roughly 30% of cases in the U.S., where 57.2% of adults are fully vaccinated and 66.2% have… Source link

Goldman Sachs’ closely watched chief U.S. equity strategist David Kostin isn’t ruling out more upside for the stock market into year end, but he does acknowledge gains will be tougher to generate.  “You’ve got two big headwinds facing the market in the next six months that I think is likely to restrain the appreciation. The first issue is higher rates [interest]. The idea of higher rates is typically associated with some lower valuations,” Kostin said on Yahoo Finance Live.  Kostin says the… Source link

With Tyson Fury out of the picture for now, Anthony Joshua has his next fight lined up. The WBA, IBF, WBO, and IBO heavyweight champion will face former unified cruiserweight champion Oleksandr Usyk on Sept. 25 in London, his promoter Eddie Hearn announced on Friday. Yahoo Sports’ Kevin Iole reported earlier this month that the two sides were planning for that date. Joshua was initially slated to face Fury, the WBC and lineal heavyweight champ, in a unification bout this summer, but a legal… Source link

Where does your enterprise stand on the AI adoption curve? Take our AI survey to find out. Raia Hadsell, a research scientist at Google DeepMind, believes “responsible AI is a job for all.” That was her thesis during a talk today at the virtual Lesbians Who Tech Pride Summit, where she dove into the issues currently plaguing the field and the actions she feels are required to ensure AI is ethically developed and deployed. “AI is going to change our world in the years to… Source link

The European Union opened a formal antitrust investigation into allegations that Google abuses its leading role in the advertising-technology sector, the most wide-ranging case yet to look at that pillar of the tech giant’s business. The European Commission, the EU’s top antitrust enforcer, said Tuesday that its investigation, which has been under way informally since at least 2019, will look at a broad array of allegedly anticompetitive business practices around the Alphabet Inc…. Source link

The formal investigation, which follows a preliminary probe that began in 2019, will examine whether Google (GOOGL) is distorting competition by restricting access to user data for advertising purposes, while reserving such data for its own use, the European Commission said on Tuesday. “Google collects data to be used for targeted advertising purposes, it sells advertising space and also acts as an online advertising intermediary. So Google is present at almost all levels of the supply chain… Source link

UnitedHealthcare (UNH) announced this week it would start rejecting claims for non-emergency visits to the emergency room starting July 1. The move has been met with stark criticism from patient advocacy groups and health experts who worry the move will discourage people from seeking care when they need it. But the health industry has long worried about the excessive cost of over-reliance on the ER. “The emergency door is the most expensive entrance into the hospital, any hospital,” health… Source link