Tag Archives: France

Alphabet Inc.’s GOOG -1.27% Google is nearing a settlement of an antitrust case in France alleging the company has abused its power in online advertising, and is likely to pay a fine and make operational changes, people familiar with the matter said. The French case, which hasn’t been previously disclosed, is one of the most advanced in the world looking at Google’s dominance as a provider of tools for buying and selling ads across… Source link

Bloomberg Owl Rock, Dyal Create Asset Behemoth With SPAC Merger (Bloomberg) — Investing giants Owl Rock Capital and Dyal Capital Partners completed their merger after clearing legal hurdles, with stock of the newly combined behemoth initially jumping as much as 11% on its first day.Now known as Blue Owl Capital Inc., the company counted $52.5 billion in assets under management as of March 31, and 91% of the sum is permanent capital, according to a Thursday statement.Blue Owl is the… Source link

Some of France’s most sensitive state and corporate data can be safely stored using the cloud computing technology developed by Alphabet’s Google (GOOGL.O) and Microsoft (MSFT.O), if it is licensed to French companies, the government said on Monday. The remark, part of strategic plan laid out by French Finance Minister Bruno Le Maire and two other ministers, acknowledges U.S. technological superiority in the field and contrasts with previous calls from European politicians for fully homegrown… Source link

PARIS, May 17 (Reuters) – Some of France’s most sensitive state and corporate data can be safely stored using the cloud computing technology developed by Alphabet’s Google and Microsoft, if it is licensed to French companies, the government said on Monday. The remark, part of strategic plan laid out by French Finance Minister Bruno Le Maire and two other ministers, acknowledges U.S. technological superiority in the field and contrasts with previous calls from European politicians for… Source link

Russian tech giant Yandex said Thursday it plans to launch its rapid grocery delivery service in France later this year and is also gearing up to start operations in London. Since the start of the coronavirus pandemic demand for online grocery deliveries has spiked, buttressing 15-minute grocery delivery services such as Yandex.Lavka. Yandex.Lavka currently operates in several big Russian cities as well as Tel Aviv. The company said the service would start operating in Paris in… Source link

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

Google has agreed to pay a €1.1 million fine over misleading star ratings for hotels in France. The tech giant had been applying its own (algorithmic) system of ratings for hotels applied via its search engine and on Google Maps. But back in 2019, following a number of complaints by hoteliers, the French national competition and consumer watchdog (DGCCRF) instigated an investigation into this propriety rating system. The probe revealed that the tech giant had replaced the standard… Source link

FILE PHOTO: The Google logo is seen at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS/Charles Platiau PARIS (Reuters) – Google Ireland and Google France have agreed to pay a 1.1 million euros ($1.34 million) fine after a probe found that Google’s hotel rankings could be misleading for consumers, France’s finance ministry and fraud watchdog said on Monday. The ministry and watchdog also said in a statement that Google has amended its hotel rankings practices since… Source link

FILE PHOTO: The Google logo is seen at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS/Charles Platiau PARIS (Reuters) – Google Ireland and Google France have agreed to pay a 1.1 million euros ($1.34 million) fine after a probe found that Google’s hotel rankings could be misleading for consumers, France’s finance ministry and fraud watchdog said on Monday. The ministry and watchdog also said in a statement that Google has amended its hotel rankings practices since… Source link