Ex-Google exec said goal was to ‘crush’ competition, trial evidence shows
September 11, 2024 – 4:12 PM PDT REUTERS/Andrew Kelly/File Photo ALEXANDRIA, Virginia (Reuters) – A Google (GOOGL.O) executive told colleagues the goal for the company’s then-nascent online advertising business in 2009 was to “crush” rival advertising networks, according to evidence prosecutors presented at the tech titan’s antitrust trial on Wednesday. Advertisement The statements underscored the […]
Cyberattacks on US utilities surged 70% this year, says Check Point
September 11, 2024 – 8:14 AM PDT REUTERS/Lucas Jackson/File Photo (Reuters) – U.S. utilities faced a near 70% jump in cyberattacks this year over the same period in 2023, according to data from Check Point Research, underlining the escalating threat to a critical infrastructure. Advertisement The utilities and power infrastructure across the U.S. are becoming […]
Apple’s iPhone 16 faces rising challenges with AI delay and growing Huawei competition
September 10, 2024 – 8:15 AM PDT An attendee takes a photo of the new iPhone 16 as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. REUTERS/Manuel Orbegozo/File Photo (Reuters) – Apple’s (AAPL.O) new iPhone 16 failed to excite investors with long-expected AI features […]
Google’s antitrust trial over online advertising set to begin
September 9, 2024 – 3:34 AM PDT REUTERS/Dado Ruvic/Illustration (Reuters) – Alphabet’s (GOOGL.O) Google will face U.S. antitrust prosecutors on Monday in Alexandria, Virginia, where the Justice Department will seek to show the company stifled competition in online advertising technology, in the search giant’s second recent showdown with the Justice Department. Advertisement Prosecutors say Google […]
YouTube terminating Tenet Media channel after US indictment
September 5, 2024 – 6:10 PM PDT A silhouette of a mobile user is seen next to a screen projection of Youtube logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/ File Photo (Reuters) – Alphabet’s (GOOGL.O) YouTube said on Thursday it was terminating the Tenet Media channel and four channels operated by […]
Snap sued by New Mexico over failure to protect children from sexual exploitation
September 5, 2024 – 8:47 AM PDT REUTERS/Lucas Jackson/File Photo (Reuters) – New Mexico said on Thursday it filed a lawsuit against Snapchat owner Snap Inc (SNAP.N), alleging that the messaging app’s policies and design features facilitate the sharing of child sexual exploitation material. Advertisement The lawsuit brought by New Mexico Attorney General Raul Torrez […]
Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
September 4, 2024 – 8:42 AM PDT REUTERS/Ann Wang/File Photo NEW YORK (Reuters) – Shares of Nvidia (NVDA.O) and other Big Tech stocks have helped power the markets run to record highs this year. Their recent wobble is making investors nervous. Advertisement A tumble in the chipmaker’s shares shaved $279 billion off Nvidia’s market capitalization […]
Apple to switch to OLED displays for all upcoming iPhones from 2025, Nikkei reports
September 3, 2024 – 4:13 AM PDT REUTERS/Aly Song/File Photo TOKYO (Reuters) – Apple (AAPL.O) will use organic light-emitting diode (OLED) displays for all iPhone models sold in 2025 and later, moving entirely away from liquid crystal displays (LCDs), Japan’s Nikkei newspaper reported on Tuesday, citing unnamed sources. Advertisement Television and smartphone makers are adopting […]
Disney and DirecTV aim to renew deal ahead of NFL season
August 30, 2024 – 3:06 AM PDT REUTERS/Dado Ruvic/Illustration/File Photo LOS ANGELES (Reuters) – Walt Disney (DIS.N) and satellite TV provider DirecTV are racing to renew their distribution agreement before the current pact expires on Sunday. Advertisement If they fail to reach a deal, DirecTV’s more than 11 million subscribers could lose access to Disney […]
Amazon workers to join Teamsters’ strikes against unfair labor practices in US
August 29, 2024 – 6:51 AM PDT Photo by THOMAS SAMSON/AFP via Getty Images (Reuters) – The Teamsters said on Thursday its strikes against unfair labor practices were expanding, with Amazon.com (AMZN.O) workers across several U.S. states joining the union in actions against the e-commerce giant. Advertisement The extended strikes in the states of Georgia, […]