SAN FRANCISCO, Dec 17 ― Google rivals on Thursday unveiled a project to make freely available data sets for map features to be built into online offerings. Alphabet-owned Google dominates online mapping, selling its services to other companies or platforms and using location and navigation capabilities to enhance its other offerings, including online advertising. Meta, Microsoft, TomTom and Amazon Web Services have now introduced what they call the Overture Maps Foundation, the goal of… Source link
Read More »Google rivals join forces in online maps
A new foundation unveiled by the nonprofit Linux Foundation brings together tech titans such as Amazon Microsoft and Meta to make open source data sets for building mapping capabilities into apps or other internet offerings. Google rivals on Thursday unveiled a project to make freely available data sets for map features to be built into online offerings. … Source link
Read More »Google rivals join forces in online maps
A new foundation unveiled by the nonprofit Linux Foundation brings together tech titans such as Amazon Microsoft and Meta to make open source data sets for building mapping capabilities into apps or other internet offerings. Google rivals on Thursday unveiled a project to make freely available data sets for map features to be built into online offerings. … Source link
Read More »Exclusive: Scores of Google rivals want EU tech law used in antitrust case
BRUSSELS, Oct 17 (Reuters) – More than 40 European rivals to Google’s shopping service urged EU antitrust regulators on Monday to use newly adopted tech rules to ensure the Alphabet unit complies with a 2017 EU order to allow more competition on its search page. The European Commission fined Google 2.4 billion euros ($2.33 billion) five years ago and told the firm to stop favouring its shopping service. The company subsequently said it would treat its own shopping service the same as… Source link
Read More »Google offers to let ad rivals place YouTube ads in EU antitrust probe
A woman passes the logo from the web search engine provider Google during the digital society festival ‘re:publica’, at the Arena Berlin in Berlin, Germany June 9, 2022. Annegret Hilse | Reuters Google parent Alphabet has offered to let rival ad intermediaries place ads on YouTube to address a crucial part of an EU antitrust investigation that could pave the way for it to settle the case without a fine, people familiar with the matter said. The European Commission opened a probe last year to… Source link
Read More »Yuan-Ruble Trading Surges as America’s Rivals Rebuff Dollar
(Bloomberg) — The emerging multi-polar world now includes foreign-exchange markets — as China and Russia, the biggest challengers to U.S. supremacy, boost direct trading between their currencies. Most Read from Bloomberg Monthly volumes on the ruble-yuan pair have surged 1,067% to almost $4 billion since the start of the war in Ukraine as the two nations seek to reduce their reliance on the dollar and boost bilateral trade to overcome current and potential U.S sanctions. The spike coincides… Source link
Read More »Snap’s Gloomy Outlook Leads to Record Stock Tumble, Hits Rivals
(Bloomberg) — Snap Inc. plunged 43%, posting its biggest-ever one-day drop and dragging down social media peers, after the company cut its revenue and profit forecasts, blaming the weaker economic outlook for a sudden slowdown of its advertising business. Most Read from Bloomberg “We continue to face rising inflation and interest rates, supply chain shortages and labor disruptions, platform policy changes, the impact of the war in Ukraine, and more,” Chief Executive Officer Evan Spiegel… Source link
Read More »The CNIL Hits Google On Consent (Again); Will Ad Tech Rivals Ever Be Unified? – AdExchanger
Google and Tech Rivals Tap Cash Reserves to Realize Cloud Ambitions
Google and its rivals are wielding a new weapon in the battle for cloud-computing market share: big-dollar investments in companies that agree to sign on to their services. With Thomas Kurian serving as cloud chief executive since 2019 after a long tenure at Oracle Corp. , the Alphabet Inc. unit has been tapping its $142 billion treasure chest of cash to make it more attractive to customers. Google has taken… Source link
Read More »Nvidia is on top of the world, but its rivals are gaining steam
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, November 11, 2021 Nvidia is still the graphics king, but AMD, Intel, and Apple are making moves Nvidia (NVDA) unveiled a sweeping array of new technologies at its GTC conference this week, ranging from an AI-powered chauffeur that can park your car to a tool to predict the paths of… Source link
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