Sunday, December 22

Tag: Alphabet

Big Tech Braces for Wave of Antitrust Rulings in 2024 
1Jan By adminNo Comments
Technology

Big Tech Braces for Wave of Antitrust Rulings in 2024 

U.S. antitrust cases against tech giants Google and Meta Platforms are expected to come to a head in 2024, likely producing long-awaited rulings that could shape the legacies of top Biden administration regulators.Silicon Valley and its critics have seen their patience tested on some of these cases. A U.S. antitrust case brought against Alphabet’s Google unit in 2020 went to trial in 2023 and now heads to closing arguments in May.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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What Did Wall Street Get Right About Markets This Year? Not Much
29Dec By adminNo Comments
Money

What Did Wall Street Get Right About Markets This Year? Not Much

Updated Dec. 29, 2023 12:07 am ETAlmost no one thought 2023 would be a blockbuster year for stocks. They could hardly have been more wrong. The Federal Reserve raised interest rates at the fastest clip since the 1980s, a regional banking crisis felled Silicon Valley Bank, and war broke out in the Middle East. Yet stocks kept climbing. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 
16Dec By adminNo Comments
World

How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 

Videogame boss Tim Sweeney is on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court on Monday, and its years-old megahit “Fortnite”—which served as the catalyst for the legal battle—is undergoing a resurgence in popularity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Apple, Google Get Billions From Their App Stores. That’s Now Under Threat.
13Dec By adminNo Comments
Technology

Apple, Google Get Billions From Their App Stores. That’s Now Under Threat.

Updated Dec. 12, 2023 6:34 pm ETMonday’s court ruling that Google has operated an illegal app-store monopoly is the latest in a mounting series of threats to the $500 billion-a-year app-store economy, which has evolved into a profit machine for Apple and Google that helped define the smartphone era.A jury unanimously sided with Epic Games, saying that Google had harmed the videogame maker by maintaining an illegal monopoly. Google said it plans to appeal the verdict and stands by its business model. In a separate case that concluded in 2021, a federal judge largely ruled against Epic even as she ruled that Apple must allow third-party software makers to steer customers to payment options within their own apps. The outcome might ultimately be decided by the Supreme Court.Copyright ©2023 Do...
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Google Loses Antitrust Case Brought by Epic Games
12Dec By adminNo Comments
Technology

Google Loses Antitrust Case Brought by Epic Games

Updated Dec. 11, 2023 11:35 pm ETGoogle 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 Games sued the search giant in 2020, alleging it used its dominant position to squeeze excess profits from app developers. The San Francisco jury reached a unanimous verdict after deliberating for less than four hours. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Google Loses Antitrust Case Brought by Epic Games
12Dec By adminNo Comments
World

Google Loses Antitrust Case Brought by Epic Games

Updated Dec. 11, 2023 11:35 pm ETGoogle 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 Games sued the search giant in 2020, alleging it used its dominant position to squeeze excess profits from app developers. The San Francisco jury reached a unanimous verdict after deliberating for less than four hours. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Regulation of AI Advances in European Union Deal
9Dec By adminNo Comments
World

Regulation of AI Advances in European Union Deal

BRUSSELS—European lawmakers reached a political deal for regulating artificial intelligence, marking a step toward establishing a comprehensive AI law in a Western country. The European Union’s Artificial Intelligence Act is the latest in a series of regulations the bloc has pushed forward that is expected to reverberate through the global tech industry and affect some of its biggest players. Earlier legislation from the EU set out new competition and online content rules that affect large U.S. tech companies including Meta Platforms, Apple and Google’s parent, Alphabet.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tech Shares Power Stock Market Higher
8Dec By adminNo Comments
Money

Tech Shares Power Stock Market Higher

Stocks resumed their climb Thursday, led by the shares of big technology companies that have powered the market for much of the year. The S&P 500 was up 0.8%, closing near its high for the year. The tech-heavy Nasdaq Composite rose 1.4%, and the Dow Jones Industrial Average gained 0.2%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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