(Bloomberg) -- Alphabet Inc. illegally ended contract employment for a majority of Google Help workers as they were trying to unionize, organizers alleged in a complaint to the US labor board.Most Read from BloombergQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’The Strange Story Behind ‘Baldur’s Gate 3,’ One of the Year’s Biggest ReleasesHow an Ex-Goldman Banker Fought U...
Continue ReadingTexas won a round in its antitrust lawsuit with Alphabet's Google on Thursday after a U.S. judicial panel refused to pause a decision to return the lawsuit to federal court in Texas. The U.S. Judicial Panel on Multidistrict Litigation decided in June to agree to a Texas request to send the lawsuit alleging Google abused its dominance in advertising technology back to federal court in the Lone Star state...
Continue ReadingApple reported quarterly earnings Thursday after the bell that showed a third straight quarter of revenue declines with iPhone sales missing forecasts...
Continue ReadingIn the June quarter, Apple's services business grew over 8%, and the company says the current period is poised to show even faster expansion...
Continue ReadingFacebook and Instagram parent company Meta is keeping its promise to block news content in Canada on its platforms in response to a new law that requires tech giants to pay publishers for linking to or otherwise repurposing their content online. Meta has threatened to block links to news sites in Canada for nearly a year in response to the law, which passed in late June. The social media company said the Online News Act “is based on the incorrect premise that Meta benefits unfairly from news content shared on our platforms, when the reverse is true.”...
Continue ReadingWASHINGTON (Reuters) -Texas won a round in its antitrust lawsuit with Alphabet's Google on Thursday after a U.S. judicial panel refused to pause a decision to return the lawsuit to federal court in Texas. The U.S. Judicial Panel on Multidistrict Litigation decided in June to agree to a Texas request to send the lawsuit alleging Google abused its dominance in advertising technology back to federal court in the Lone Star state...
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Continue ReadingAlphabet's Q2 2023 financial results showed consolidated revenues of $74.6 billion, a 7% YoY increase, primarily driven by robust Search and Cloud services...
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