Tag Archives: Mln

Russian court upholds $33 mln fine against Google

Russian court upholds $33 mln fine against Google

Nov 24 (Reuters) – An arbitration court in Moscow has upheld a 2-billion rouble ($33 million) fine against Google issued by Russia’s federal anti-monopoly service over the company’s decision to block some YouTube channels, the RIA Novosti news agency reported, citing a court decision. Reporting by Reuters; Editing by Kevin Liffey Our Standards: The Thomson Reuters Trust Principles. Source link

Read More »

Google agreed to pay $360 mln to Activision to stop competition, Epic Games alleges

Google agreed to pay $360 mln to Activision to stop competition, Epic Games alleges

OAKLAND, Calif., Nov 17 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has struck deals with at least 24 big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc (ATVI.O) about $360 million over three years, according to a court filing on Thursday. Google also agreed in 2020 to pay Tencent Holdings Ltd’s <0700.HK> Riot Games unit, which makes “League of Legends,” $30 million over one year in a similar deal, the filing stated. The… Source link

Read More »

Google to invest $690 mln in Japan, CEO Pichai tells Nikkei

Google to invest $690 mln in Japan, CEO Pichai tells Nikkei

Oct 7 (Reuters) – Alphabet Inc’s (GOOGL.O) Google plans to invest a total of 100 billion yen ($690.13 million) in Japan through 2024, its Chief Executive Officer Sundar Pichai told Nikkei in an interview on Friday. Google will open a data centre in Chiba Prefecture near Tokyo next year — its first in Japan — which will provide faster and more stable access to Google’s services, the publication reported further. Google did not respond to a Reuters’ request for comment. ($1 = 144.9000 yen)

Read More »

Russia fines Google $34 mln for breaching competition rules

Russia fines Google $34 mln for breaching competition rules

LONDON, July 26 (Reuters) – Russia’s competition watchdog fined Alphabet’s Google (GOOGL.O) 2 billion roubles ($34.2 million) on Tuesday for abusing its dominant position in the video hosting market, the regulator said in a statement. The decision is the latest multi-million dollar fine as part of Moscow’s increasingly assertive campaign against foreign tech companies. The Federal Antimonopoly Service (FAS) said the company had “abused its dominant position in the YouTube video hosting… Source link

Read More »

Russia fines Google $390 mln for repeated content violations – Interfax

Russia fines Google $390 mln for repeated content violations – Interfax

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 18 (Reuters) – Alphabet’s (GOOGL.O) Google was fined 21.8 billion roubles ($387 million) on Monday by a Russian court for a repeated failure to remove content that Moscow deems illegal, the Interfax news agency reported. Russia has long objected to foreign tech platforms’ distribution of content that fall foul of its restrictions, but what had been a simmering dispute… Source link

Read More »

Google backs India’s ShareChat in $300 mln funding round at $5 bln valuation

Google backs India’s ShareChat in $300 mln funding round at $5 bln valuation

ShareChat logos are seen in this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, May 30 (Reuters) – The parent company of India’s ShareChat has raised nearly $300 million in fresh funding from Alphabet Inc’s (GOOGL.O) Google, media giant Times Group and Singapore’s Temasek Holdings, valuing the social media firm at nearly $5 billion, two sources involved in the deal discussions told Reuters. A… Source link

Read More »

Ride Sharing Market Size Rising at 23.3% CAGR & Will Reach USD 178100 Mln in 2028: Yandex, Wingz, Via, Uber, Ola Cabs, Meituan, Lyft, Grab, Go-Jek, FREE NOW, DiDi

Ride Sharing Market Size Rising at 23.3% CAGR & Will Reach USD 178100 Mln in 2028: Yandex, Wingz, Via, Uber, Ola Cabs, Meituan, Lyft, Grab, Go-Jek, FREE NOW, DiDi

Ride Sharing Market Dynamics 2022-2028, Regional Analysis, Segmentation, Competitive Landscape, COVID-19 Impact, Recent Developments and SWOT Analysis This press release was orginally distributed by SBWire London, UK — (SBWIRE) — 05/29/2022 — The global Ride Sharing market research is a reliable resource for business participants seeking market data, critical trends, current patterns, and future prospects. The research provides a sector valuation based on the report’s extensive… Source link

Read More »

Google hit with 150 mln euro French fine for cookie breaches

A 3D printed Facebook’s new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register PARIS, Jan 6 (Reuters) – France’s data privacy watchdog CNIL said on Thursday it had fined Alphabet’s Google (GOOGL.O) a record 150 million euros ($169 million) for making it difficult for internet users to refuse online trackers known as cookies. Meta Platforms’… Source link

Read More »