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Microsoft Corporation (NASDAQ:MSFT) Tells Alphabet Inc (NASDAQ:GOOGL)’s Google And Facebook, Inc. (NASDAQ:FB) To Pay For News: Requests US Intervention With A New Law

Microsoft Corporation (NASDAQ:MSFT) says Alphabet Inc (NASDAQ:GOOGL)’s Google and Facebook, Inc. (NASDAQ:FB) should pay for the news. The company requests the US to implement its version of the clever proposal brought in by the Australian Government to compensate the publishers for incomes generated on their platforms using news stories. Brad Smith, CLO, and President of […]

Facebook Inc. (NASDAQ:FB) Considering An Antitrust Lawsuit Against Apple Inc. (NASDAQ:AAPL) Over App Tracking Transparency

Apple Inc. (NASDAQ:AAPL) will launch a new privacy feature when the company unveils the next iOS 14 version and that has generated some anger from social media giant Facebook Inc. (NASDAQ:FB). App Tracking Transparency to stop user activity tracking The iPhone maker’s App Tracking Transparency feature has become a flashpoint between the tech giants. The […]

Google (NASDAQ:GOOGL) Says Texas Antitrust Lawsuit Against It “Baseless and Misleading”

Google (NASDAQ:GOOGL) has said that the antitrust allegations in the Texas lawsuit are “misleading” as attorney generals from 10 states plan to sue the company. Google accused of ant competitiveness Last year ten state attorney generals led by Texas filed a complaint against the company claiming that it unlawfully acquired or maintained a monopoly in […]

Facebook Inc. (NASDAQ:FB) And Google (NASDAQ:GOOGL) Accused Of Signing An Agreement To Reduced Competition for Ads

According to an antitrust lawsuit against Facebook Inc. (NASDAQ:FB) and Google (NASDAQ:GOOGL), the companies might have cut a deal to reduce ad competition. In 2018 Google gave Facebook the “Jedi Blue,” contract giving it favors in ad header bidding. This meant that sites could seek ad space bids from several exchanges with support from the […]

Facebook Inc. (NASDAQ:FB) Faces Lawsuit From FTC And 40 States For Violating Antitrust Laws

Over 40 US states led by the state of New York are probing Facebook Inc. (NASDAQ:FB) for potential antitrust violations with plans to file a suit against the company as early as next week. The lawsuit is a second major suit filed against a tech giant following the Justice department’s lawsuit against Alphabet Inc.’s (NASDAQ:GOOGL) […]

Digital Adverting To Grow 20% In 2021 Led By Google (NASDAQ:GOOGL) And Facebook Inc. (NASDAQ:FB)

According to Morgan Stanley analysts, online advertising will grow by 20% in 2021 with Google (NASDAQ:GOOGL), Facebook Inc. (NASDAQ:FB) and Pinterest Inc. (NYSE:PINS) leading the pack. Online ad spending recovery linked to e-commerce growth During the pandemic, online advertising was one of the affected industries, and in 1H 2020, there was a significant drop in […]

Facebook Inc. (NASDAQ:FB) Introduces Vanish Mode Feature On Instagram And Messenger

Facebook Inc. (NASDAQ:FB) has unveiled its Vanish Mode feature which is more of Snapchat’s feature of disappearing messages. The social media giant is introducing the feature in Instagram and Messenger for more casual chats which allow users to set chats to delete automatically after a user has seen it. Facebook unveils Vanish Mode feature With […]

Senate Commerce Committee To Subpoena Google (GOOGL), Facebook (FB) And of Twitter (TWTR) CEOs On October 1

According to the spokesperson of the Senate Commerce Committee, the executives of Twitter (NYSE:TWTR), Facebook (NASDAQ:FB), and Google (NASDAQ:GOOGL) could be subpoenaed following their failure to testify on the legal shield protecting social media platforms from lawsuits. Executives of social media tech giants to appear before the Senate Commerce committee So far, the committee has […]

Facebook, Inc. (NASDAQ:FB) Adds College Campus For Students: Only Students In The Same School or College Can Interact

Facebook, Inc. (NASDAQ:FB) unveiled Campus, a new product targeted at students. The company specially designed Campus allowing interaction between the students of the same college or school. How students will benefit from Campus? Students in the campus can interact with fellow students, and access new feeds specific to that campus. They can also enroll in […]

PayPal Holdings Inc (NASDAQ:PYPL) Suspends Accounts Linked To Make Payments For Freelancers For Writing Content For Peace Data, A Russian Operation

PayPal Holdings Inc (NASDAQ:PYPL) terminated at least 4 accounts associated with a Russian influence operation. According to data obtained by the Business Insider, the freelancers are duped into writing the content for Peace Data, a progressive website linked to the Russian operation. The freelancers, who worked for Peace Data, received $100 per each article from […]

Intel Corp (NASDAQ:INTC) Acquires $253.5 Million Interest in Reliance Jio Platforms

Intel Corp (NASDAQ:INTC) plans to invest $253.5 million in Indian company Reliance Jio Platforms. The company joins high profile companies such as Silver Lake, General Atlantic, and Facebook Inc. (NASDAQ:FB) investing in the telecom operator. Intel acquires 0.39% stake in Jio platforms The chipmaker is acquiring a stake of 0.39% in the Indian company taking […]

Amazon and Walmart Faces Competition In Indian Grocery Services Market After The Launch Of JioMart

Amazon.com Inc. (NASDAQ:AMZN) and Walmart (NYSE:WMT) Flipkart are facing competition in the online grocery services market in India following the launch of Reliance’s JioMart. JioMart to deliver groceries in 200 towns The online grocery market in Indian is huge, and JioMart is expected to deliver crossers in over 200 towns nationwide. The Indian conglomerate’s grocery […]

Facebook Inc. (NASDAQ:FB) To Acquire Giphy For $400 million And Plans Integration With Instagram

On Friday, Facebook Inc. (NASDAQ:FB) announced that it will acquire animated GIFs Company Giphy in a deal estimated to be around $400 million. The company is planning to integrate the extensive GIF library to its Instagram app. Facebook to integrate Giphy into Instagram Giphy is expected to continue operating its GIF library. In a statement, […]

Zoom (NASDAQ:ZM) Takes Steps To Address Security Flaws On The Platform Through Acquisition Of Keybase

Video conferencing platform Zoom Video Communications Inc. (NASDAQ:ZM) has been enhancing its security following a wave of criticism regarding its security protocols. The company has announced the acquisition of New York startup Keybase as it looks to enhance encryption protocols that it had led users and investors to believe that it supported. Keybase to help […]

Australia Makes It Mandatory For Facebook Inc. (NASDAQ:FB) And Google (NASDAQ:GOOGL) To Share Ad Revenue

Facebook Inc. (NASDAQ:FB) and Google (NASDAQ:GOOGL) will be compelled to compensate Australian media outlets for their news content after the country’s treasurer ordered the creation of a code of conduct. The decision could be timely as media outlets have been hit with declining ad revenues because of coronavirus and have been forced to downsize and […]