Tag Archives: probe

Congress is again demanding answers from the NFL concerning Dan Snyder and the Washington Football Team. (Mark J. Rebilas/Reuters) Hours after the Washington Post reported that team owner Daniel Snyder used a bribe, intimidation and private investigators to thwart a probe into allegations of Washington Football Team workplace misconduct, Congress demanded answers from the NFL.  The House Committee on Oversight and Reform released a statement on Tuesday that the “NFL must immediately turn over… Source link

By Lawrence White LONDON (Reuters) – Barclays Chief Executive Jes Staley is leaving the bank after a dispute with British financial regulators over how he described his ties with convicted sex offender Jeffrey Epstein. Staley will be replaced as chief executive by the bank’s head of global markets C.S. Venkatakrishnan, who pledged on Monday to continue his predecessor’s strategy for Britain’s third-biggest bank by market value. Staley’s shock departure comes after Barclays was informed on… Source link

Jeff Bezos, Amazon’s founder. Alex Wong/Getty Images An Amazon worker on leave emailed Jeff Bezos to say she’d been underpaid, The New York Times said. A subsequent investigation found that Amazon was systematically underpaying some workers on leave. A spokesperson told The Times that Amazon was still identifying underpaid workers. An email sent to Jeff Bezos from an Amazon worker who was on leave triggered an internal investigation that exposed flaws with the company’s payroll system, The New… Source link

BRUSSELS, Sept 23 (Reuters) – Alphabet (GOOGL.O) unit Google is seeking to settle an EU antitrust investigation into its digital advertising business, a person familiar with the matter said, a move that could help it stave off a disruptive, lengthy probe and a possible hefty fine. EU antitrust cases have cost Google more than 8 billion euros ($9.4 billion) in fines in three different cases in the last decade and it has also been ordered to change its business practices to allow rivals to… Source link

Google has abused the dominant position of Android in India to illegally hurt competitors in the world’s second largest internet market, a two-year antitrust probe by the nation’s watchdog has found. The Android-maker reduced device manufacturing firms’ ability and incentive to develop — and sell — devices running alternative versions of Android (more popularly known as forks), the probe found, according to two people have have been briefed on the… Source link

Indian visitors talk on their mobile phones outside the Google stall at the India Mobile Congress in New Delhi on Sept. 27, 2017. Prakash Singh | AFP | Getty Images Google abused the dominant position of its Android operating system in India, using its “huge financial muscle” to illegally hurt competitors, the country’s antitrust authority found in a report on its two-year probe seen by Reuters. Alphabet Inc’s Google reduced “the ability and incentive of device manufacturers to develop and sell… Source link

Antitrust findings latest setback for Google in India Google also leveraged Play Store’s dominance – report Google under antitrust investigation since 2019 NEW DELHI, Sept 18 (Reuters) – Google abused the dominant position of its Android operating system in India, using its “huge financial muscle” to illegally hurt competitors, the country’s antitrust authority found in a report on its two-year probe seen by Reuters. Alphabet Inc’s (GOOGL.O) Google reduced “the ability and incentive of device… Source link

Four Democratic members of Congress are calling for an investigation into whether an alleged secret 2018 agreement between Google and Facebook concerning digital advertising violated federal antitrust law. Sens. Elizabeth Warren (D-MA) and Richard Blumenthal (D-CT) and Reps. Pramila Jayapal (D-WA) and Mondaire Jones (D-NY) wrote a letter to Attorney General Merrick Garland and Acting US Attorney General Nicholas Ganjei of Texas asking them to determine whether federal charges might be… Source link

A Tesla sedan is shown after it struck a parked Laguna Beach Police Department vehicle in Laguna Beach, California, U.S. in this May 29, 2018 handout photo. (Image: Reuters) 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 The National Highway Traffic Safety Administration’s probe into 11 crashes of Teslas (TSLA) using the company’s… Source link

The federal government’s investigation into Tesla’s (TSLA) Autopilot system following a series of crashes in recent years is a major setback for the car company, one analyst says. “This is definitely a bit of a black eye,” Wedbush Securities analyst Dan Ives said on Yahoo Finance Live (video above). “From an investor perspective, especially given it’s the gold standard from a technology perspective, this formal investigation definitely takes a bit of the bloom off the rose when it comes to”… Source link