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Epic Games wins antitrust fight against Google over app store monopoly. Hasbro to cut 900 jobs as it seeks to cut expenses. Nokia trims 2026 profit margin target after losing AT&T contract...
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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Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingThe Epic versus Google case has reached a significant milestone as the jury ruled that Google violated California and federal antitrust laws, but years of appeals are sure to follow...
Continue ReadingIn response to a Washington Post investigation of serious crashes involving Autopilot on roads where the feature could not reliably operate, the company said its data showed it was saving lives and preventing injuries. The Post report said the newspaper had identified at least eight crashes between 2016 and 2023 where Autopilot could be activated in situations it was not designed to be used, and said Tesla had taken few definitive steps to restrict its use by geography despite having the technical capability to do so. Autopilot is "intended for use on controlled-access highways" with "a center divider, clear lane markings, and no cross traffic," the Post said, adding Tesla's user manual advises drivers the technology can also falter on roads if there are hills or sharp curves...
Continue ReadingGoogle lost an antitrust case over the market power of its app store on Monday, a blow to the search giant as it faces other legal challenges to its search dominance and ad tech business. Videogame maker Epic sued the search giant in 2020, alleging it used its dominant position to squeeze excess profits from app developers. “Today’s verdict is a win for all app developers and consumers around the world,” Epic, the maker of the popular game Fortnite, wrote in a blog post Monday after the verdict...
Continue ReadingVideogame maker Epic filed the lawsuit three years ago, saying Google used its position dominating the Android app distribution market to wring profit out of app developers...
Continue ReadingGoogle’s app store practices violate US antitrust law and the search giant has illegally operated a monopoly in Android app distribution, a federal jury said Monday evening...
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