The European Commission charged Google with violating antitrust law in how it operates its suite of digital advertising technologies...
Continue ReadingIn the artificial intelligence (AI) space, few names are bigger than Meta Platforms (NASDAQ: META) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). Both companies are heavily invested in the proliferation of this technology, and each has rewarded shareholders over the long term. Both companies are involved in different parts of the AI value chain...
Continue Reading(Bloomberg) -- Google was accused of abusing its dominance over advertising technology to crush competition as the European Union fired off an antitrust charge sheet that threatens a breakup of parts of the lucrative business, kicking off a process that could take years to resolve.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyKen Griffin Ramps Up Credit Bets, Anticipating US RecessionTrump U...
Continue ReadingAlphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has been accused by the European Union of violating antitrust regulations in the field of advertising technology (ad tech). To address the EU's concerns, the Union aims to dismantle certain segments of the tech giant's business. The European Commission has made an initial determination that Google holds a dominant position in the European market for publisher ad servers and programmatic ad-buying tools for the open-up, CNBC reported. It has al...
Continue Reading(Bloomberg) -- Ask Amazon.com Inc.’s digital assistant, “Hey, Alexa, is Amazon a monopoly?’ and it will profess ignorance.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonInstant Pot and Pyrex Maker Instant Brands Files BankruptcyKen Griffin Ramps Up Credit Bets, Anticipating US RecessionTrump Urges Prosecutors to Drop Case, Offers Defense PreviewPutin’s Economic Forum Puts Russia’s Isolation on Display“Hmm, I don’t know that one,” it answers.But ask a...
Continue ReadingThe tech giant now faces regulatory challenges to a major part of its operations on both sides of the Atlantic...
Continue ReadingA couple of stocks that can be ideal for long-term investors to hold -- not just for years but decades -- are Intuitive Surgical (NASDAQ: ISRG) and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). The pandemic has slowed down the business as shutdowns disrupted hospital operations, but Intuitive Surgical has still been able to maintain a growth rate of over 10% in the past three years. What's even more encouraging is that the business is highly profitable with Intuitive's gross profit margin typically around 66% of revenue...
Continue ReadingBrussels has hit Google with charges over the tech giant’s alleged distortion of competition in the advertising technology sector and may force it to sell part of its online advertising business. The European Commission said Google unfairly takes advantage of its dominant position in online advertisement markets — such as tools that place banner ads on newspaper sites — hitting the businesses of both advertisers and the websites and apps on which ads appear. “Only the mandatory divestment by Google of part of its services would address” the competition concerns, the commission said in formal but preliminary findings on Wednesday...
Continue ReadingThe European Commission said only the mandatory divestment by Google of part of its ads business would address its competition concerns...
Continue ReadingDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach.....
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