The state of Ohio filed suit against Google on Tuesday, claiming the tech giant should be regulated as a public utility due to its “discriminatory and anti-competitive” practices. The civil action, filed by Ohio Attorney General Dave Yost in Delaware County Common Pleas Court, does not seek monetary damages, but instead asks for Google to be declared a “common carrier” that could come under oversight from a body such as the state’s Public Utilities Commission. “Google uses its dominance of… Source link
Read More »Ohio’s attorney general wants Google to be declared a public utility.
Ohio’s attorney general, Dave Yost, filed a lawsuit on Tuesday in pursuit of a novel effort to have Google declared a public utility and subject to government regulation. The lawsuit, which was filed in a Delaware County, Ohio court, seeks to use a law that’s over a century old to regulate Google by applying a legal designation historically used for railroads, electricity and the telephone to the search engine. “When you own the railroad or the electric company or the cellphone tower,… Source link
Read More »Ohio sues to have Google declared a public utility
Ohio asked a court on Tuesday to declare Alphabet’s (GOOGL.O) Google a public utility, a step the state’s Republican attorney general said would forbid the search and advertising giant from giving preferential treatment to its own products. “When you own the railroad or the electric company or the cellphone tower, you have to treat everyone the same and give everybody access,” Attorney General Dave Yost said in a statement. The lawsuit, which estimates that Google is used for nearly 90% of… Source link
Read More »Ohio sues Google, seeks to declare the search engine a public utility
Ohio Attorney General Dave Yost has filed a lawsuit asking a court to declare Google a public utility that should be regulated as such. “Google uses its dominance of internet search to steer Ohioans to Google’s own products – that’s discriminatory and anti-competitive,” Yost said in a statement. “When you own the railroad or the electric company or the cellphone tower, you have to treat everyone the same and give everybody access.” The lawsuit, filed in Delaware County Common Pleas… Source link
Read More »Ohio sues Google, seeking to get it declared a public utility
COLUMBUS (WCMH) — Attorney General Dave Yost filed a state lawsuit Tuesday against Google, seeking to get it declared a public utility in Ohio. In a news release, Yost said he is seeking to rein in the ways that Google uses its search engine to provide results that favors its products. Columbus City Council repeals mask ordinance; mayor expected to sign this week “Google uses its dominance of internet search to steer Ohioans to Google’s own products — that’s… Source link
Read More »Google’s Public Search Liaison on Core Algorithm Updates and How They Affect Your Business
Google’s search engine is one of the wonders of the technological world. Think about it–the way we use the internet and access information would be dramatically different if we had to manually visit websites one at a time and sift through content to find information. Most of the time, most of us wouldn’t even know where to start. Instead, in a fraction of a second, you can type in a query and Google will give you a list of results–in a ranked order–that it thinks are a match for what… Source link
Read More »Tiger Woods sheds walking boot in rare public appearance alongside young athlete with cancer
Tiger Woods has understandably kept a low profile since the February car crash that left him with substantial leg injuries. He’s made social media appearances, including a congratulatory tweet to his old rival Phil Mickelson for his PGA Championship victory on Sunday. But until this week, he’s only been known to show himself in public once — an April photo on crutches that he shared on Instagram. On Monday, a new photo of Woods surfaced on social media. This one he didn’t provide. It was… Source link
Read More »Oatly goes public at $22.12 per share, 31% above its listing price
Bloomberg Don’t Fear the Taper: Fed to Dominate Treasury Market for Years (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Treasury investors fretting about when the Federal Reserve will scale back its bond purchases may be missing the bigger picture: Its more than $5 trillion stockpile will make it a major force for years to come.The prospect of a pullback in buying edged a little nearer Wednesday when minutes of the Federal Open… Source link
Read More »Yankees’ COVID-19 outbreak prompts public health questions
A coronavirus outbreak among vaccinated players and staff has “” the New York Yankees and attracted the attention of the CDC this week. So far, eight people, including shortstop Gleyber Torres, have tested positive more than 14 days after being fully vaccinated. Because the team has a high level of vaccinated personnel, the Yankees have not missed any games while weathering this outbreak, and seven of the eight cases have been asymptomatic. Still, the accidental case study of post-vaccine… Source link
Read More »Coinbase misses on top and bottom line in first earnings report as a public company
Coinbase (COIN), the largest cryptocurrency exchange in the U.S., missed analysts’ expectations on the top and bottom line in its Q1 2021 earnings report, its first ever as a public company. Coinbase employee Daniel Huynh holds a celebratory bottle of champagne as he photographs outside the Nasdaq MarketSite, in New York’s Times Square, April 14, 2021. (AP Photo/Richard Drew) The company’s stock was down more than 3% following the announcement. “Our strong Q1 2021 results reflect the strength… Source link
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