Tag GOOGL
Gannett Co Inc, the largest U.S. newspaper chain, on Tuesday sued Google, accusing the social media company of violating federal antitrust law by trying to monopolize the market for online advertising. The publisher of USA Today and more than 200 daily newspapers in a complaint filed in federal court in Manhattan said media are suffering because Google and its parent Alphabet Inc monopolize tools for buying and selling online ads. Gannett said this forces publishers to sell more ad space to Google at depressed prices, resulting in "dramatically less revenue for publishers and Google's ad-tech rivals, while Google enjoys exorbitant monopoly profits."...
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(Bloomberg) -- Narendra Modi arrives in the US on his first official state visit with India’s geopolitical clout higher than at any point since he took power in 2014. He’ll be looking to leverage that to become an indispensable partner for American tech ambitions. Most Read from BloombergThese Are World’s Most Expensive Cities for High-Class LivingAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpHedging Failure Exposes Private Equity to Interest-Rate SurgeSingapore’s Grab Plans Biggest Jo...
Continue ReadingNEW YORK (Reuters) -Gannett Co Inc, the largest U.S. newspaper chain, on Tuesday sued Google, accusing the social media company of violating federal antitrust law by trying to monopolize the market for online advertising. The publisher of USA Today and more than 200 daily newspapers in a complaint filed in federal court in Manhattan said media are suffering because Google and its parent Alphabet Inc monopolize tools for buying and selling online ads. Gannett said this forces publishers to sell more ad space to Google at depressed prices, resulting in "dramatically less revenue for publishers and Google's ad-tech rivals, while Google enjoys exorbitant monopoly profits."...
Continue ReadingAlphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google is pursuing suppliers in India to assemble its Pixel smartphones, borrowing a leaf from Apple Inc's (NASDAQ: AAPL) strategy. The company has initiated early conversations with homegrown Lava International Ltd, Dixon Technologies India Ltd, and Hon Hai Precision Industry Co Ltd (OTC: HNHPF) Foxconn Technology Group's Indian unit Bharat FIH, Bloomberg cites familiar sources. Google's potential partners have won India's production-linked financial...
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Netflix is expected to struggle to generate shareholder returns anywhere near its valuation. Click here for our reasons to be cautious about NFLX stock now...
Continue ReadingThe AI hype bubble is bordering on out of control. Beware, investors, writes our executive editor Brian Sozzi on assignment in Cannes, France...
Continue ReadingAlthough the payments specialist processes more than $1 trillion a year, investors seem to be forgetting about it...
Continue ReadingThe current market speculation surrounding artificial intelligence (A.I.) has garnered everyoneâs attention...
Continue ReadingAI is on the verge of becoming a standard feature of word processing. The danger is that it will discourage us from thinking for ourselves...
Continue ReadingA look at the stocks that have supported bumper gains in the S&P 500, and what to watch...
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