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Google 'anti-competitive' over online ad tech: UK
Techxplore· 2024-09-06 21:04
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Google-parent Alphabet recently reported that revenue from online ad searches climbed to $48.5 billion in the second quarter of this year. US tech titan Google employs "anti-competitive practices" with regards to online advertising, Britain's competition watchdog concluded Friday in provisional findings of a two-year long invest ...
Google's second antitrust trial could help shape the future of online ads
CNBC· 2024-09-06 20:00
A pedestrian passes by the Google office in New York City on Jan. 25, 2023.Leonardo Munoz | View Press | Getty ImagesA month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time against federal prosecutors.In August, a judge ruled that Google has held a monopoly in internet search, marking the biggest antitrust ruling in the tech industry since the case against Microsoft more than 20 years ago. This time, Google is defendin ...
Google faces provisional antitrust charges in UK for ‘self-preferencing' its ad exchange
TechCrunch· 2024-09-06 18:41
More antitrust woes for Google. The U.K’.s competition watchdog said on Friday that it suspects the company of adtech antitrust abuses. The tech giant will now have a chance to respond to the provisional findings before the regulator reaches a final decision.Confirmed violations of U.K. competition law can lead to corrective orders and fines of up to 10% of annual worldwide group turnover. So the outcome of this case is likely to be closely watched. The U.K.’s Competition and Markets Authority (CMA) has be ...
British competition regulator objects to Google's ad tech practices
CNBC· 2024-09-06 17:20
文章核心观点 - 英国竞争监管机构指出谷歌在在线显示广告领域的主导地位损害了竞争 [1][2] - 监管机构担心谷歌利用其在该领域的主导地位偏好自身服务 [1][2] - 监管机构认为谷歌阻碍了广告技术竞争对手的竞争,使其无法在公平的环境下竞争 [2] 行业概况 - 英国绝大多数出版商和广告商都使用谷歌的技术进行广告投放和销售 [1] - 谷歌在在线显示广告领域拥有主导地位 [1][2] 公司情况 - 谷歌被指利用其在在线显示广告领域的主导地位偏好自身服务 [1][2] - 谷歌被指阻碍广告技术竞争对手的竞争 [2]
Alphabet Remains Core Tech Bet But Regulatory Risks and AI Uncertainties Loom: Analysts
Benzinga· 2024-09-06 01:34
Analysts re-rated Google parent Alphabet Inc GOOGL Thursday.Cantor Fitzgerald analyst Deepak Mathivanan initiated coverage on Alphabet with a Neutral rating and a price target of $190.Wedbush analyst Scott Devitt reiterated Alphabet with an Outperform rating and a $205 price target.Cantor Fitzgerald: Mathivanan noted that Google should remain at the core of a growth-oriented technology, media, and telecom (TMT) portfolio. However, the analyst noted limited upside to both Street estimates and valuation multi ...
Google: With Cloud Surging, Expect Bright Days Ahead
Seeking Alpha· 2024-09-06 00:47
JasonDoiyIf I had to make a list of the top five greatest growth opportunities of my lifetime, at least up to this point, one of the things that would absolutely be on that list would be the cloud computing market. This is a massive industry that is destined to grow even more. The flexibility, increased opportunity for cybersecurity, and cost benefits of the cloud market are undeniable. The two companies that have captured the largest chunk of this space have undoubtedly been Microsoft (MSFT) and Amazon ...
Google used its monopoly power to artificially raise ad prices for years. That could cost it $100 billion or more.
Business Insider· 2024-09-05 17:00
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appThanks for signing up! Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewGoogle used its illegal monopoly to artificially raise a ...
Qualcomm says it's working on mixed reality smart glasses with Samsung and Google
CNBC· 2024-09-05 15:05
Ray-Ban Meta smart glasses are powered by a Qualcomm chip. Qualcomm, Samsung and Google are working on smart glasses, according to Qualcomm CEO Cristiano Amon.Qualcomm CEO Cristiano Amon told CNBC the chip designer is working with Samsung and Google to explore a mixed-reality set of glasses linked to a smartphone — taking a different approach from Apple, which launched a larger headset.Last year, Google, Samsung and Qualcomm struck a partnership to develop mixed-reality technology. That refers to the combin ...
Alphabet Inc. (GOOG) Declines More Than Market: Some Information for Investors
ZACKS· 2024-09-05 06:50
Alphabet Inc. (GOOG) closed the most recent trading day at $157.81, moving -0.5% from the previous trading session. This move lagged the S&P 500's daily loss of 0.16%. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq decreased by 0.3%.Prior to today's trading, shares of the company had lost 1.2% over the past month. This has lagged the Computer and Technology sector's gain of 1.63% and the S&P 500's gain of 3.64% in that time.The investment community will be closely m ...
Antitrust Trial Targeting Google's Digital Ad Business to Begin Monday
PYMNTS.com· 2024-09-05 00:25
A month after losing a landmark antitrust case, Google will reportedly face another antitrust trial that targets its digital advertising business.In a trial set to begin Monday (Sept. 9) in Alexandria, Virginia, the Department of Justice (DOJ) and a coalition of states allege that Google keeps competitors out of advertising technology markets and harms news publishers, Reuters reported Wednesday (Sept. 4).If the plaintiffs win this lawsuit, they could ask the judge to order a breakup of Google, according to ...