Tag Archives: Secret

Google for years operated a secret program that used data from past bids in the company’s digital advertising exchange to allegedly give its own ad-buying system an advantage over competitors, according to court documents filed in a Texas antitrust lawsuit. The program, known as “Project Bernanke,” wasn’t disclosed to publishers who sold ads through Google’s ad-buying systems. It generated hundreds of millions of dollars in revenue for the company annually, the… Source link

TipRanks 3 Monster Growth Stocks That Could Reach New Highs Every investor knows that you can’t look to a stock’s past performance as predictor of future gains. It’s become axiom, even, one of the stock phrases that we all learn about in Econ 101: ‘Past performance does not guarantee future returns’ is common formulation. But that simple phrase, while true, raises a tough question: How should an investor judge a stock? The truth is, past is prologue, not prophet, and investors can… Source link

In 2017, Facebook said it was testing a new way of selling online advertising that would threaten Google’s control of the digital ad market. But less than two years later, Facebook did an about-face and said it was joining an alliance of companies backing a similar effort by Google. Facebook never said why it pulled back from its project, but evidence presented in an antitrust lawsuit filed by 10 state attorneys general last month indicates that Google had extended to Facebook, its closest… Source link

Executives at six of the more than 20 partners in the alliance told The Times that their agreements with Google did not include many of the same generous terms that Facebook received and that the search giant had handed Facebook a significant advantage over the rest of them. The executives, all of whom spoke on condition of anonymity to avoid jeopardizing their business relationships with Google, also said they had not known that Google had afforded such advantages to Facebook. The clear… Source link

The Wall Street Journal had reported on aspects of the draft complaint earlier. The swell of recent antitrust cases filed against Google and Facebook has cast a spotlight on lucrative deals among Big Tech. In October, the Justice Department sued Google and homed in on an agreement with Apple to feature Google as the preselected search engine on iPhones and other devices. “This idea that the major tech platforms are robustly competing against each other is very much overstated,” said Sally… Source link

Such allegations provide some of the strongest ammunition yet to advocates who argue that the U.S. major tech companies have gotten too big and are using their power — sometimes in conjunction with each other — to control markets. Many of the details about the Google-Facebook agreement, including its specific language, are redacted from the complaint. But the states say it “fixes prices and allocates markets between Google and Facebook as competing bidders in the auctions for… Source link

TipRanks Wells Fargo: 3 Stocks to Snap up Now Wall Street hit some rough waters last week. With the Presidential elections only two days away, spiking COVID-19 numbers and hopes for a pre-election stimulus package dwindling, stocks posted their worst week since the height of the pandemic in March. All three of the major U.S. stock indexes also reported a second consecutive monthly decline. According to the pros on Wall Street, uncertainty is ruling the markets. That said, some strategists… Source link

Internet giant Google is asking a judge to block a bid by Attorney General Mark Brnovich to publicly disclose documents he got from the company during his investigation of how it uses private information. Attorney Jean-Jacques Cabou contends there’s no basis for Brnovich’s complaint in the first place, arguing that anything the company is accused of doing does not run afoul of the Arizona Consumer Fraud Act. That is the law that the attorney general is using to claim Google… Source link

The Central Intelligence Agency has conducted a series of covert cyber operations against Iran and other targets since winning a secret victory in 2018 when President Trump signed what amounts to a sweeping authorization for such activities, according to former U.S. officials with direct knowledge of the matter. The secret authorization, known as a presidential finding, gives the spy agency more freedom in both the kinds of operations it conducts and who it targets, undoing many restrictions… Source link