Tag Archives: orders

NEW DELHI, Oct 25 (Reuters) – Alphabet Inc’s Google should not restrict app developers from using third-party billing or payment processing services in India, the country’s antitrust body said on Tuesday, as it fined the U.S. giant $113 million for anti-competitive practices. The Competition Commission of India (CCI) said Google (GOOGL.O) used its “dominant position” to force app developers to use its in-app payment system, noting the sale of in-app digital goods is a key means for developers… Source link

India’s antitrust watchdog has hit Google with a $113 million fine for abusing the dominant position of its Google Play Store and ordered the firm to allow app developers to use third-party payments processing services for in-app purchases or for purchasing apps, the second such penalty on the Android-maker in just as many weeks in its largest market by users. The Competition Commission of India, which opened the probe into Google in late 2020, said mandating developers to use… Source link

Late last week, Google research scientist Fei Xia sat in the center of a bright, open-plan kitchen and typed a command into a laptop connected to a one-armed, wheeled robot resembling a large floor lamp. “I’m hungry,” he wrote. The robot promptly zoomed over to a nearby countertop, gingerly picked up a bag of multigrain chips with a large plastic pincer, and wheeled over to Xia to offer up a snack. The most impressive thing about that demonstration, held in Google’s robotics lab in… Source link

Letters spell the word “Alphabet” as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. REUTERS/Pascal Rossignol/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 12 (Reuters) – Australia’s competition watchdog said on Friday that Alphabet Inc’s (GOOGL.O) Google unit was ordered by the country’s Federal Court to pay A$60 million ($42.7 million) in penalties for misleading users on… Source link

Novavax (NVAX) missed Wall Street expectations Monday after its second quarter earnings showed softer-than-expected demand in global vaccine sales, forcing the company to slash its 2022 outlook by 50% to $2 billion. While at least $400 million in revenue has come in since July 1, the company has not fulfilled orders for low- and middle-income countries (LMICs) through the global COVAX program and anticipates no further orders from the U.S. this year, according to company executives Monday. But… Source link

Little Caesars is battling record-high inflation — and winning the fight, according to its CEO. “We’ve actually seen customer accounts and transactions increase,” Little Caesars CEO and President David Scrivano told Yahoo Finance Live, crediting the brand’s role as a “value player” in the pizza space. “Today, you can get a pepperoni pizza at Little Caesars for about half the price [compared to] our competitors,” Scrivano continued, shrugging off rising food cost concerns as the category rose… Source link

The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Jan 7 (Reuters) – India’s competition watchdog on Friday ordered an investigation into Alphabet Inc’s Google (GOOGL.O) following allegations from news publishers, saying its initial view was that the tech giant had broken some antitrust laws. In its order, the Competition Commission of India (CCI)… Source link

A challenging year for the restaurant space is ending just as it began: with waves of new COVID-19 infections threatening the outlook as vaccine mandates, labor shortages and inflation make tough service sector jobs even harder.  Yet Krystle Mobayeni, the CEO and founder of restaurant website platform BentoBox, told Yahoo Finance that the Omicron wave has not deterred the embattled industry. Restaurants continue to “get creative” to battle the surge, she insisted, and are using the pandemic… Source link

Google will have to turn over documents outlining its anti-union strategy in response to a National Labor Relations Board complaint against the online search giant, according to an order issued Friday. The board first filed its complaint against Google in December 2020, accusing the company of spying on employees, blocking employees from speaking with each other about work conditions and firing several employees in retaliation for attempting to unionize, all of which are illegal under… Source link

The Federal Trade Commission said Monday that it is investigating the causes behind ongoing supply chain disruptions and how they are “causing serious and ongoing hardships for consumers and harming competition in the U.S. economy.” The FTC said it is ordering Walmart, Amazon, Kroger, other large wholesalers and suppliers including Procter & Gamble Co., Tyson Foods and Kraft Heinz Co. “to turn over information to help study causes of empty shelves and sky-high prices.” Orders also are… Source link