Alphabet’s Google broke the law with its monopoly over online searches and related ads, a federal judge ruled on Monday, in the US Justice Department’s first victory against a monopoly in more than 20 years. The decision is a significant win for the Justice Department, which had sued the search engine giant over its control … Read more
US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificial intelligence will fill coffers or drain them. While it is important to stay on the cutting edge by investing in AI, the market wants financial engines of tech firms going strong to pay for it, according to analysts. Apple … Read more
This article is part of the Brussels Survival Guide. There’s plenty to pay attention to in the new cohort entering the European Parliament — including, of course, the people. See below our guide on key figures across the policy palette. Céline Imart AGRICULTURAL DISRUPTOR European People’s Party, France A cereal farmer from Occitania in France, she … Read more
In the first few days of the new government, public affairs agency Shearwater Global announced they’d hired former Labour Home Secretary Charles Clarke. Ex-Labour MP Holly Lynch was snapped up by Arden Strategies, the agency run by former Scottish Labour Leader Jim Murphy. Swathes of former political advisers and party comms staff have also found … Read more
ByteDance, the owner of popular short video app TikTok, is adjusting its policy on share options so that employees can use less cash to pay taxes and are able to resell their shares faster. The company recently informed its US-based employees that they can withhold up to 37 per cent of the vested restricted stock … Read more
Vestager warned that artificial intelligence is “developing at breakneck speed.” She said they have “a number of other preliminary antitrust investigations ongoing into various practices in AI-related markets,” without giving any details. “We cannot just sit back and see how things pan out,” she said. “Now is the time to act. Strong competition enforcement is … Read more
Frank McCourt, a US real estate billionaire, aims to buy TikTok to rescue the internet from the clutches of major platforms that he firmly believes are destroying society and endangering children. In the United States, McCourt is best known as the former owner of the Los Angeles Dodgers baseball team, while in Europe he is … Read more
Xue Kan, the Communist Party secretary for Yangpu, once known for its heavy industries, told reporters at a media briefing on Friday that the district is trying to achieve a “cluster effect” by fully mobilising capital, talent and technologies to drive innovation and bolster the local economy. “We are pursuing the creation of 12 industrial … Read more
It also said that users had “insufficient procedural guarantees” when Meta imposed such measures. Meta’s decision also violated the EU’s data protection regime, the GDPR. “A first victory against Big Tech,” Vandendriessche said on X, adding he would do his utmost to “restore freedom of expression on social media.” Vandendriessche is virtually certain to return … Read more
Article 1: General information 1.1. This contest (hereinafter the “Contest”) is organized by Politico SRL (hereinafter the “Organizing Company”), with its registered office at Rue de la … May 31 9 mins read Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the … Read more
