As Facebook CEO Mark Zuckerberg announced this week the company would be changing its name to Meta, public perception was quick to establish the decision was a response to a matter of public acceptance hitting record lows and many regarded the move as purely “cosmetic.”
Tech companies Apple, Microsoft, and Google owner Alphabet reported on Tuesday combined profits of more than US$ 50 billion in the second quarter of the year. The three companies currently have a combined market value of US$6.4 trillion, more than double their market capitalization when the pandemic started 16 months ago.
Former US President Donald Trump said on Wednesday he had filed a lawsuit against Facebook, Twitter, Google and their CEOs, because of unfairly infringing upon his First Amendment right to free speech as protected by the US constitution.
Alphabet's YouTube will no longer allow political or election ads in its coveted masthead spot at the top of the site's homepage nor ads for alcohol, gambling and prescription drugs, it said on Monday.
BLOOMBERG – Google has agreed to pay €220 million and end anti-competitive practices, to settle a French antitrust probe over its abuse of power in online advertising. The French Competition Authority said Google has been unfairly sending business to its advertising server and its online ad auction house, to the detriment of rivals. In addition to the fine, Google promised to remedy the situation by improving the interoperability of its Google Ad Manager services for third parties.
Google's subsidiary in Uruguay, Eleanor Applications SRL, Friday purchased 30 hectares in the duty-free Science Park in Canelones, where it will install a data centre, it was announced.
An Argentine internet user claimed realized ownership of the google.com.ar domain had expired Wednesday, April 21 and since it was available, he decided to purchase it for reportedly AR $ 540 (around the US $ 3.85 at the unofficial exchange rate) leading to a temporary shutdown of the search engine ending in “.ar”.
After a last-gasp deal that watered-down binding rules Facebook and Google had fiercely opposed in return for the tech giants agreeing to pay local media companies, Australia's parliament passed landmark legislation on Thursday. The dispute was closely watched around the world.
Google apparently has struck deals with Australian media to pay for news content, but Facebook on Thursday blocked Australian users from sharing or viewing news content on the platform.
Landmark legislation to force Alphabet's Google and Facebook to pay publishers and broadcasters for content, will be introduced by Australia next week. The bill and its outcome is being closely watched around the world.