Tag Archives: grip

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, March 23, 2022 Apple (AAPL) may soon be forced to loosen its vice-like grip on its App Store, as regulators from the U.S. to South Korea zero in on the tech giant’s high-margin business. Developers ranging from Spotify (SPOT) to “Fortnite”-maker Epic have railed for years against… Source link

Apple and Google have a “vice-like grip” over people’s mobile phones and their duopoly over the market should be investigated by the proposed new “big tech” regulator, the UK’s competition watchdog has said. The two companies effectively control users’ mobile phone experience in the UK, with Apple’s iOS and Google’s Android operating systems installed on 99.45% of all phones in use in the country. “Apple and Google have developed a vice-like grip over how we use mobile… Source link

LONDON— Apple Inc. and Alphabet Inc.’s Google hold a “vise-like grip” over how people use mobile devices, Britain’s antitrust regulator said Tuesday, and said it was assessing whether it would try to loosen what it said was their control over smartphone ecosystems. The preliminary report is among several, nonbinding research efforts by the U.K. and other antitrust regulators in Europe into… Source link

The U.K. competition regulator said Tuesday that its interim report has found that a duopoly of Apple Inc. and Alphabet Inc.’s Google limits competition and choice, and that the firms are “exercising a vice-like grip” over mobile devices. The Competition and Markets Authority said its report into mobile ecosystems suggests users are losing out because of the companies’ control. It had launched a probe in June over concerns that Apple AAPL, -2.07% … Source link

LONDON, Dec 14 (Reuters) – Google (GOOGL.O) and Apple (AAPL.O)hold a “vice-like” grip over how people use mobile phones, stripping any meaningful choice from the system for customers, Britain’s competition regulator said on Tuesday. The Competition and Markets Authority said it had provisionally found that the two groups were able to leverage their market power to create largely self-contained ecosystems. An ability to determine which apps are available on their systems could also lead to… Source link

For , it’s starting to feel more like March 2020 than September 2021. Cities across the country have tightened up on mask wearing, or are insisting on COVID-19 vaccination status as a way to instill confidence among customers and protect the community. However, in some regions, as the Delta variant casts a new cloud over the industry’s outlook. In a consumer survey recently conducted by the National Restaurant Association, 19% of respondents said they’ve stopped going out to eat in… Source link

(Bloomberg) — Slowing economic recovery amid a resurgent pandemic is leaving emerging-market currencies vulnerable to a selloff if Treasury yields rise again. While the influence of U.S. borrowing costs on developing-nation currencies has waned in recent months, it may return to prominence for riskier assets as the cushioning effects from China’s growth rebound and low inflation weaken, according to money managers including Fidelity International and Credit Agricole CIB. “A very sharp,… Source link

Zoom (ZM) reported its fiscal Q1 2022 earnings after the closing bell on Tuesday, beating analysts’ expectations on the top and bottom line with revenue soaring 191% year-over-year. The video conferencing company saw stratospheric growth during the pandemic, and investors are closely watching its performance in the coming quarters as the pandemic wanes and people begin meeting more in person. Here are the most important numbers from the report compared with what analysts were expecting as… Source link

[unable to retrieve full-text content]Why can’t Google get a grip on rip-off ads?  BBC News Source link

Google is currently under fire for apparently pushing out a researcher whose work warned of bias in AI, and now a report from Reuters says others doing such work at the company have been asked to “strike a positive tone” and undergo additional reviews for research touching on “sensitive topics.” Reuters, citing researchers at the company and internal documents, reports that Google has implemented new controls in the last year, including an extra round of inspection for papers… Source link