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NEW DELHI/BENGALURU (Reuters) -India's antitrust body on Friday ordered a probe into Alphabet Inc's Google in an ongoing dispute with local startups over its in-app billing system, saying the U.S. company implemented its policies in a "discriminatory manner". Indian startups have been at odds with Google for months over the fee it charges for in-app payments. The dispute escalated earlier this month after Google removed more than 100 Indian apps from its app store for violations related to billing, though it restored them after the Indian government intervened...
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Analysts Offer Insights on Technology Companies: Fiserv (FI), Microsoft (MSFT) and Similarweb (SMWB)
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Continue ReadingApple agreed to pay $490 million to settle a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China. A preliminary settlement was filed on Friday with the U.S. District Court in Oakland, California, and requires approval by U.S. District Judge Yvonne Gonzalez Rogers. It stemmed from Apple's unexpected announcement on Jan. 2, 2019 that the iPhone maker would slash its quarterly revenue forecast by up to $9 billion, blaming U.S.-China trade tensions...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
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