Australia’s antitrust regulator has called for more powers to combat growing competition concerns, particularly from Google, in the advertising technology sector, stating that Australia’s existing competition laws alone cannot address the mounting issues. In a report published on Tuesday, the Australian Competition and Consumer Commission (ACCC) said an inquiry into advertising technology, also referred to as “ad tech”…
Australia’s Antitrust Regulator Calls for More Powers to Combat Google’s Rein Over Ad Tech
September 28, 2021
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Google, India Antitrust Watchdog Tussle in Court Over Probe Leak
September 25, 2021
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NEW DELHI—Google accused India’s antitrust regulator in court on Friday of being a “habitual offender” by leaking confidential information of cases it was examining, an accusation the watchdog rejected. The Times of India and Reuters reported on Saturday that an investigation by the Competition Commission of India (CCI) had found that Alphabet Inc.’s Google abused…
Google CEO Sought to Keep Incognito Mode Issues out of Spotlight, Lawsuit Alleges
September 25, 2021
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Google Chief Executive Sundar Pichai in 2019 was warned that describing the company’s Incognito browsing mode as “private” was problematic, yet it stayed the course because he did not want the feature “under the spotlight,” according to a new court filing. Google spokesman José Castañeda told Reuters that the filing “mischaracterizes emails referencing unrelated second…
Apple, Google Raise New Concerns by Yanking Russian App
September 22, 2021
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BERKELEY, Calif.—Big Tech companies that operate around the globe have long promised to obey local laws and to protect civil rights while doing business. But when Apple and Google capitulated to Russian demands and removed a political-opposition app from their local app stores, it raised worries that two of the world’s most successful companies are…
NTD Business Full Broadcast (Sept. 21)
We look at why Shell is selling all of its assets in the Permian Basin, located in the southwestern part of the United States. The buyer has agreed to pay nearly $10 billion in cash. Google spending big on physical office space in New York city, even as many companies embrace a more flexible work…
Google to Make Highest-Priced Purchase Since Pandemic for Office Space in Manhattan
Google is set to purchase an office building in Manhattan for $2.1 billion, despite remote work having been applied on a large scale due to the pandemic. The building is the former High Line terminal. It’s currently under construction and expected to open in mid-2023. “As Google moves toward a more flexible hybrid approach to…
Regulators Not up to Speed on Banks’ Digital Marketplaces, EU Watchdog Says
September 21, 2021
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LONDON—Regulators have little understanding of risks from banks creating digital marketplaces with tech companies and a framework is needed to spot potential contagion if things go wrong, the European Union’s banking watchdog said on Tuesday. The European Banking Authority’s warning is the latest sign that financial regulators are starting to pay more attention to Big…
Youtube Demonetizes Popular Australian Fishing Channel for ‘Animal Abuse’
September 20, 2021
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A YouTube channel featuring recreational fishing videos has been demonetised by the video-sharing giant over supposed content featuring “animal abuse.” The Australian-based content creator for Gido’s Fishing Adventures said his channel had been demonetised for a month and that he was waiting for a response from Google-owned YouTube. “(YouTube’s notice) says I need to make…
Ohio Files Lawsuit Against Google for ‘Anti-Competitive Behavior’
On Tuesday, Attorney General Dave Yost of Ohio filed a lawsuit against Google, accusing the tech giant of “discriminatory and anti-competitive behavior.” The lawsuit moves to have Google declared a public utility, subjecting it to regulatory boards in the state. Though Google has faced federal and state level scrutiny before, this lawsuit is the first…
Google, Apple Accused of ‘Political Censorship’ After Removing Voting App as Russian Polls Open
Apple and Google removed a tactical voting app from its online store on Friday that was linked to Kremlin critic and jailed opposition leader Alexei Navalny as polls opened across Russia for three days of voting in a parliamentary election. The move was prompted after Russian authorities put pressure on the U.S. tech giants to…
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