Tim Cook, chief executive officer of Apple, speaks at the 2019 Dreamforce conference in San Francisco on November 19, 2019. David Paul Morris | Bloomberg | Getty Images Some app makers who rely on mobile distribution from Apple and Google are scared of how much power the tech giants have over their businesses, according to congressional testimony delivered Wednesday. “We’re all afraid,” Match Group Chief Legal Officer Jared Sine told Sen. Amy Klobuchar, D-Minn., the chair of the Senate… Source link
Read More »Despite Huge Cash Piles, Facebook, Amazon, Google Are Unlikely To Pay Out Dividends Anytime Soon, Say Analysts
Topline Three of the most dominant tech companies in the world — Facebook, Amazon and Google parent Alphabet — have never paid a dividend to shareholders, instead choosing to use their available capital to generate high growth through acquisitions and investing in internal businesses, but may be compelled to once they mature and growth slows. MARCH 25th 2021: Facebook CEO Mark Zuckerberg, Google (Alphabet Inc.) CEO Sundar Pichai and Twitter … [+] CEO Jack Dorsey testify before… Source link
Read More »Apple, Google Come Under Fire at Senate Antitrust Hearing
WASHINGTON—Lawmakers and mobile app companies took aim at Apple Inc. and Alphabet Inc.’s Google in a hearing Wednesday focused on competition concerns about the companies’ power over their smartphone ecosystems. The hearing marked an escalation of lawmakers’ antitrust scrutiny on smartphone makers, and particularly Apple. Google already has been sued by federal and state authorities… Source link
Read More »Daily Crunch: Google Meet will get a new look and new features – Yahoo Tech
Bloomberg A $1 Trillion Liquidity Surge Is Morphing Into a Leverage Boom (Bloomberg) — It was supposed to be a temporary buffer — more than $1 trillion of debt taken on by U.S. companies last year to ride out the economic devastation caused by Covid-19.But with the economy rebounding and interest rates still near all-time lows, it’s becoming increasingly tempting for corporations including Home Depot Inc. and Verizon Communications Inc. to spend those cash cushions on acquisitions and… Source link
Read More »Google Pixel 5a 5G will have the Snapdragon 765G at the helm
The Google Pixel 5a is rumored to get official on June 11, and so far a leak has showed us that it will have a design that’s practically indistinguishable from that of the Pixel 4a 5G. Its dimensions make it closer to that phone than to the smaller Pixel 4a too. If you were wondering what sort of horsepower to expect under the hood, well – let’s cut right to the chase here. The Pixel 5a 5G will have the Snapdragon 765G chipset at the helm, just like the Pixel 4a 5G and the Pixel 5. That… Source link
Read More »U.S. senators question Apple and Google on app store dominance
A panel of U.S. Senators questioned officials from Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google on Wednesday about the dominance of their mobile app stores and whether the companies abuse their power at the expense of smaller competitors. Amy Klobuchar, the top Senate Democrat on antitrust issues, said Apple and Google can use their power to “exclude or suppress apps that compete with their own products” and “charge excessive fees that affect competition.” App makers like music… Source link
Read More »Daily Mail publisher accuses Google of manipulating search results and ‘rigging’ online ad auctions
The publisher of one of the world’s most popular news sites is suing Google and its parent company, Alphabet, alleging that the internet giant manipulates search results as punishment and abuses its dominance over the online advertising market. The lawsuit filed against Google and Alphabet GOOGL GOOG in New York by Associated Newspapers and Mail Media on Tuesday marks the start of a high-profile digital media… Source link
Read More »Google supercharges YouTube with a custom video chip
Angela Lang/CNET To keep YouTube humming, Google has developed a custom chip to keep YouTube… Source link
Read More »Daily Mail publisher accuses Google of manipulating search engine results and ‘rigging’ online ad auctions
The publisher of one of the world’s most popular news sites is suing Google and its parent company, Alphabet, alleging that the internet giant manipulates search engine results as punishment and abuses its dominance over the online advertising market. The lawsuit filed against Google and Alphabet GOOGL, -0.73% in New York by Associated Newspapers and Mail Media on Tuesday marks the start of a high-profile digital media skirmish, at a time when the… Source link
Read More »Butler newspaper sues Google, Facebook on federal antitrust complaints
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