Thursday, March 13

Tag: Alphabet Cl A

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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Stocks Extend Post-Fed Rally – WSJ
14Dec By adminNo Comments
World

Stocks Extend Post-Fed Rally – WSJ

Updated Dec. 14, 2023 4:37 pm ETStocks extended their year-end rally. The S&P 500 rose 0.3%, Nasdaq Composite added 0.2%, Dow Jones Industrial Average was up 0.4%, closing at a new record high. Investors have recently been betting that the Fed will pivot to lowering interest rates next year, and the central bank helped confirm that view Thursday by forecasting three rate cuts in 2024. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Companies Conducting Layoffs in 2023: Here’s the List
14Dec By adminNo Comments
World

The Companies Conducting Layoffs in 2023: Here’s the List

Updated Dec. 14, 2023 12:04 pm ETAfter a rash of layoff announcements at the beginning of the year, some companies are cutting jobs as 2023 winds down and a strong labor market shows signs of cooling. Tech-industry layoffs, which dominated at the start of 2023, included Facebook parent Meta Platforms, Google parent Alphabet and Microsoft. 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
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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McKinsey Shrinks New Partner Class by Roughly 35%
7Dec By adminNo Comments
World

McKinsey Shrinks New Partner Class by Roughly 35%

Updated Dec. 6, 2023 6:51 pm ETIt got a lot harder to make it to the top of McKinsey & Co.The closely held firm named its new class of partners, and the group is roughly a third smaller than last year, according to people familiar with the matter, in the latest sign that economic conditions have dented demand for high-price consultants.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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