Fitbit Inc. FIT, announced Thursday morning that its acquisition by Alphabet Inc.’s [s; GOOGL] GOOG, +0.80% Google has officially closed. Alphabet agreed to pay about $2.1 billion, or $7.35 a share, to acquire Fitbit. The deal was first announced in November 2019 but faced regulatory pushback, particularly in the European Union. European regulators who were looking into the deal eventually gave their blessing last month after… Source link
Read More »Opinion: Google’s monopoly isn’t a game for newspapers
RIDINGS By Dean RidingsCEO, America’s Newspapers It is no secret that Google has secured a near monopoly in the search and local advertising world. However, the impact on newspapers hasn’t been quite as obvious. A number of lawsuits have recently been… Source link
Read More »Google’s Fake Union Insults the Labor Movement
The “union” formed by workers last week at Google parent company Alphabet isn’t really a labor union in the traditional sense. Rather it’s a pressure group funded by the Communications Workers of America, which will provide staff and support to generate negative publicity about management at the Mountain View, Calif., company. The so-called Alphabet Workers Union is composed of fewer than 800 workers among Alphabet’s roughly 250,000 employees and contractors, some of whom… Source link
Read More »Tension Between Privacy and Competition Exposed in Google’s Latest Regulatory Probe
The global wave of privacy legislation has led to the curtailment of ad targeting, but its effects on the online landscape are much broader than that. The latest investigation into Google’s proposed web browser changes exposes the trade-offs lawmakers concerned with consumer protection and regulators looking to preserve competition will have to ponder. Last week the U.K.’s Competition and Markets Authority opened a formal investigation into Google’s Privacy Sandbox, a series of ongoing… Source link
Read More »Google’s monopoly isn’t a game for newspapers | Editorial
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Read More »View: Google’s workers unionising is the silver lining on a dark Big Tech cloud
Chewy Shaw, an engineer at Google, attends a video meeting with other workers in the union from his home Synopsis On the back of automation and outsourcing, a handful of tech giants and their generously paid tech workers are shaping a twotiered society, hollowing out the middle-class in the US. Pressure groups like worker unions could play an important role in setting the stage for collective bargaining. Earlier this month, 225-odd workers got together at Alphabet — parent conglomerate of… Source link
Read More »UK investigates Google’s plan to revamp Chrome browser | News, Sports, Jobs
Google’s new advertising technology is under investigation over competition concerns from U.K. regulator
Google’s proposed digital advertising tool is being investigated over competition concerns, adding a new weight to the burden of antitrust issues facing the technology giant and its peers like Facebook FB, -0.44% and Amazon AMZN, +0.65%. The Competition and Markets Authority, or CMA, a U.K. regulator, will assess whether a new digital advertising technology proposed by Google, owned by Alphabet GOOGL, +1.32%, … Source link
Read More »Google’s plan to replace tracking cookies goes under UK antitrust probe – TechCrunch
Google’s plan to end support for third-party cookies in the Chrome browser and its Chromium engine is under investigation by the U.K.’s Competition and Markets Authority (CMA). The antitrust regulator said today that it’s launched a probe under Chapter II of the U.K.’s Competition Act 1998 into “suspected breaches of competition law by Google”. The move follows a complaint lodged in November by a coalition of digital marketing companies which urged the CMA to block… Source link
Read More »UK watchdog investigates Google’s ad data revamp proposals
LONDON (AP) — Britain’s competition watchdog has launched an investigation into Google’s plan to overhaul its ad data system over worries it could leave even less room for rivals in the online ad industry. The Competition and Markets Authority said it opened a formal investigation into Google’s proposals to remove so-called third-party cookies from its popular Chrome browser and Chromium browser engine. Google has… Source link
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