Alphabet unit Google on Friday became the target of an antitrust complaint by the European Publishers Council over its digital advertising business, which could potentially strengthen EU antitrust chief Margrethe Vestager’s investigation into the issue. Google made $147 billion (roughly Rs. 110,70 crore) in revenue from online advertisements in 2020, more than any other company in
Internet
The White House is warning the chip industry to diversify its supply chain in case Russia retaliates against threatened US export curbs by blocking access to key materials, people familiar with the matter said. The potential for retaliation has garnered more attention in recent days after Techcet, a market research group, published a report on February 1 highlighting
Investigators believe hackers stole at least some of the Social Security numbers and other sensitive personal data of 650,000 current and former Washington state professionals and business owners during a breach of a state database. The Seattle Times reports the Department of Licensing officials confirmed the figures Friday. The breach, which was detected January 24 and
South Africa has asked a court to fine the local unit of China’s Huawei Technologies for breaking rules on hiring locals and to order the company to amend its practices, the labour department said on Friday. Approximately 90 percent of the company’s employees were foreign nationals, violating “employment equity” regulations which impose a limit of 40
When Denyse Holt failed to text her daily Wordle score, her daughter knew something must be wrong. Hours later a police SWAT team rescued the 80-year-old Chicago woman from a naked home intruder who had been holding her hostage with a pair of scissors. Holt was alone at home on the night of February 5
Even coming off its fastest annual growth in 37 years, the US economy is still bogged down by a persistent shortage of the computer chips essential to the technology that connects, transports and entertains us. The problem has been building since pandemic-related lockdowns shut down major Asian chip factories more than two years ago. Now
No Time To Die is set to premiere on Amazon Prime Video in India in March, the video streaming platform announced on Thursday. The latest film in the James Bond movie franchise is Daniel Craig’s final movie portraying the secret Agent 007 James Bond. The movie has garnered more than $770 million (roughly Rs 5,800
Obi-Wan Kenobi — the upcoming Star Wars live-action series — is set to premiere on May 25 on Disney+ and Disney+ Hotstar, Lucasfilm and Disney announced on Thursday. Obi-Wan Kenobi will be available to stream in five languages in India: English, Hindi, Tamil, Telugu, and Malayalam. Shortly after the season finale episode of The Book
Israel’s ground-breaking surveillance technology was once feted as a prized export bolstering diplomatic ties abroad, but reports the secret spyware was also turned on citizens at home has trigged domestic outrage. Bombshell allegations in Israeli media centre on the controversial Pegasus malware made by the Israeli firm NSO, which can turn a phone into a
Facebook owner Meta Platforms is struggling to stop counterfeiters from pushing fake luxury goods from Gucci to Chanel across its social media apps, according to research and interviews, as the company barrels into ecommerce. Its platforms have emerged as hot spots for counterfeit offenders who exploit their range of social and private messaging tools to
The 2022 Oscars nominations have been announced, with The Power of the Dog — Jane Campion’s Netflix Western drama with Benedict Cumberbatch in the lead — leading the full list of nominees with a total of 12 nominations. It’s followed in second place (10 nominations) by Dune, the Denis Villeneuve adaptation of the 1965 sci-fi
Reverends, rabbis and other religious leaders urged Meta Chief Executive Officer Mark Zuckerberg to permanently stop the company’s plan for an Instagram version aimed at young users on Tuesday, in a letter sent by advocacy group Fairplay and their Children’s Screen Time Action Network. Since last September, Instagram has paused its plans to introduce a
Rapid action is needed to update how cross-border financial services are scrutinised and consumers protected as the sector becomes digitalised with “Big Tech” playing an increased role, European Union regulators said on Monday. People are turning to social media and using smartphones to buy and sell shares, move money around bank accounts and make payments,
The Dutch antitrust watchdog on Monday said it is studying whether a new round of changes Apple has announced to its App Store terms and conditions in the Netherlands will bring it into compliance with national law. The Authority for Consumers and Markets (ACM) has been levying weekly fines of EUR 5 million (roughly Rs.
A day after Facebook owner Meta Platforms suffered the deepest loss of stock market value in history for a US company, Amazon logged the greatest ever one-day increase in value. Shares of the online retail and cloud computing giant surged 13.5 percent on Friday following its blowout quarterly report, expanding its market capitalisation by around
Toshiba is considering splitting in half instead of three and offloading its air conditioning business, the Japanese industrial conglomerate said on Friday, in an attempt to overcome shareholder opposition to its turnaround plan. The changes would mark the latest twist in Toshiba’s drawn out battle with foreign shareholders, many of them activists and hedge funds,
With BharatPe’s co-founder Ashneer Grover launching an offensive against the firm’s investors after facing a probe over alleged fraud, abrasive behaviour, and corporate governance issues, the company on Friday said questioning the integrity of board members and misrepresentation of facts is painful. “The (company) board in all its actions has followed due process in the
Amazon workers and organisers in Bessemer, Alabama, are making door-to-door house calls, sporting pro-union T-shirts, and challenging anti-union messaging by Amazon-hired consultants as they try to convince their peers for the second time to unionise their warehouse in an election that starts Friday by secret ballot. The new organising tactics come two months after the
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