Tag Archives: Slaps

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

Here’s a rare sight: Google has been hit with a €10 million fine by Spain for serious breaches of the European Union’s General Data Protection Regulation (GDPR) which found it had passed information that could be used to identify citizens requesting deletion of their personal data under EU law, including their email address; the reasons given; and the URL claimed, to a US-based third party without a valid legal basis for this further processing. As well as being fined, Google has… Source link

Cryptocurrencies Cardano (ADA) and TRON (TRX) sank on Wednesday, following a decision by online trading platform eToro to delist the digital coins on its platform — a move that left crypto market watchers flummoxed. TRON tumbled by over 5% on the day, while Cardano has sold off by over 8%, according to market data. In a terse statement, the exchange based its decision on unspecified regulatory reasons, but it comes at a time when authorities are moving to exert more control over the crypto… Source link

TipRanks 3 Monster Growth Stocks That Are Still Undervalued A lackluster jobs report didn’t derail the markets last week. New jobs in April totaled only 266,000, far below the 978K expected, and the official unemployment rate, which had been predicted to come in at 5.8% actually ticked up slightly to 6.1%. Even so, the tech-weighted NASDAQ gained 0.88% in Friday’s session, the broader S&P 500 was up 0.75% at the end of the day. These gains brought the S&P to a new record level, with a… Source link