Alphabet crushed Wall Street’s expectations as it saw dramatic advertising growth amid the pandemic bounce-back. YouTube revenue came in over $7 billion, up 83% from last year, drawing close to Netflix’s quarterly revenue, which was $7.34 billion. The stock rose
France’s competition regulator on Tuesday slapped Google with a 500-million-euro ($593-million) fine for failing to negotiate “in good faith” with media companies over the use of their content under EU copyright rules. It is “the biggest ever fine” imposed by
Former President Donald Trump announced he is suing Facebook, Twitter and Google, as well as their respective CEOs Mark Zuckerberg, Jack Dorsey and Sundar Pichai. Shortly after the news conference wrapped, Trump’s political entities started sending out fundraising messages that
MOSCOW, July 1. /TASS/. Google is facing a fine of up to 6 mln rubles ($82,000) for refusing to localize the data of its Russian users in accordance with legislation currently in force, a source in the Justice of the
KEY POINTS The European Commission announced last week that it had concerns that Google is favoring its own online display ad technology services, therefore potentially breaching antitrust rules in the EU. Google said in the wake of the new probe:
KEY POINTS The Competition and Markets Authority began an initial investigation into the issue of fake reviews back in May 2020. On Friday, the CMA said it would look into whether Amazon and Google have done enough to detect fake
The EU launched a wide-ranging antitrust probe against Google Tuesday over concerns that it is forcing out rivals in the lucrative online advertising market. The investigation will “assess whether Google has violated EU competition rules by favouring its own online
KEY POINTS Amazon, Apple, Facebook and Google could be forced to overhaul their business practices under an expansive set of antitrust reforms introduced by a bipartisan group of House lawmakers on Friday. The package of five bills would make it
KEY POINTS The G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits. The reforms, if finalized, would affect the world’s largest companies with profit margins of at least 10%.
KEY POINTS Google already allows Android users to opt-out of personalized ads, but software developers may still access to the user’s Advertising ID, a unique string of characters that identifies the user’s device, for purposes like measuring app usage. Starting