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
Read More »Google faces EU antitrust investigation over its advertising business
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
Read More »UnitedHealthcare faces intense backlash for new ER visit policy
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
Read More »Bitcoin Holds Support; Faces Resistance at $50K
TipRanks 2 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Dividend stocks are always popular. They offer investors a clear path to returns, with regular cash payments and a yield – a return on the original investment – that usually far exceeds bond yields. But not all dividend stocks are created equal, and some offer better opportunities than others. Dividend yield is a key metric. Among S&P listed companies the average yield is only 2%. However, the highest yields… Source link
Read More »Bitcoin Stabilizes After Sell-Off; Faces Resistance Near $53K
Bloomberg Barclays Faces Credit Trader Exodus Over Bonus Disappointment (Bloomberg) — Barclays Plc has been hit by a string of departures among senior credit traders in New York and London unhappy that their bonuses failed to reflect the pandemic profit surge.The bank has offered promotions to some employees and given assurances over future pay in an attempt to address their concerns, according to people familiar with the matter, who asked not to be identified discussing private… Source link
Read More »Google Meet Promises No More Gloomy Faces
Google Meet is getting video backgrounds Google Google has announced a series of new features for Google Meet, including an option that automatically brightens faces in video meetings. Several of the new features are designed to make you look better. Automatic light adjustment – which is already enabled in the Google Meet mobile app – is now coming to the web app. That means if your face appears underexposed, perhaps because you’re sitting in front of a bright window, the… Source link
Read More »India Faces Crisis; U.K. Discourages Mourners: Virus Update
(Bloomberg) — The pandemic is on the wrong trajectory after six straight weeks of increased cases, according to a World Health Organization officer, who said “vaccines will not end the pandemic.” India is facing an escalating health crisis, with its second wave of infections hitting record highs. The U.K. urged mourners not to gather following the death of Prince Philip, Queen Elizabeth II’s husband, a sign of how longstanding traditions will have to be put aside due to the… Source link
Read More »Google Faces Complaint in France Over Android Advertising Tool
Photographer: David Gray/Bloomberg Photographer: David Gray/Bloomberg Google’s Android advertising tool is the target of a complaint in France by privacy activist Max Schrems, accusing the tech giant of violating European Union rules by failing to get users’ consent. Google’s software creates an advertising identifier on people’s phones without… Source link
Read More »Trade Desk Faces Off With Google, Quantcast In $150B Market
Facade with sign at headquarters of AI driven analytics firm Quantcast in the South of Market (SoMA) … [+] neighborhood of downtown San Francisco, California, November 8, 2019. (Photo by Smith Collection/Gado/Getty Images) Getty Images Changes in the use of the lowly cookie — a bit of software dropped into a browser that helps advertisers and publishers gather data on consumers’ web activity to better target ads — are having a tidal-wave like effect… Source link
Read More »Man faces 20 years in prison for ‘urinating on plane seat’
A man is facing 20 years in jail for allegedly refusing to wear a face mask on board a flight before urinating in the cabin. The FBI arrested 24-year-old Landon Grier of Canon City after his flight landed on March 9, according to an affidavit filed in US District Court in Denver. Grier was asked by a female flight attendant “eight to ten times” to put a face covering on but refused and “then began to push and swat her hand away as she tried to gently tap his shoulder to get his… Source link
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