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Canada's Antitrust Watchdog Sues Google Over Alleged Anti-Competitive Conduct in Advertising
Canada's Competition Bureau is suing Alphabet's Google over alleged anti-competitive conduct in online advertising. The Competition Bureau, in a statement, said it had filed an application with the Competition Tribunal seeking an order that, among other things, requires Google to sell two of its ad tech tools.
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Google Ads Introduces Auto-Generated Advertisement Tool Using Generative AI
Advertisers and businesses will now be able to auto-generate advertisements on Google Ads platform, said Dan Taylor, vice president of global ads at Google.
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Samsung Aims to Introduce Affordable Foldable Phones to Challenge Apple's iPhone Range
Samsung Electronics is considering adding an affordable option to its portfolio of foldable phones, in a move to hasten adoption of the novel form factor. “We are trying to make a leap in our price positioning,” the chief of its mobile business, TM Roh, told Bloomberg News. “We are seriously considering the timing, but it is surely a difficul...
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Google Charged By EU With Abusing Its Ad Tech Dominance
Google was accused of abusing its dominance over advertising technology to crush competition as EU fired off an antitrust charge sheet that threatens a breakup of parts of lucrative business, kicking off a process that could take years to resolve.
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Google Abused Dominance, Says EU, May Have To Sell Part Of Ad Business
The European Commission accused Google on Wednesday of abusing its dominance of the online ad market and recommended the US company sell part of its ad services to ensure fair competition.
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EU Antitrust Regulators May Demand Google to Sell Part of Its Ad-Tech Business to Curb Market Dominance
European Union antitrust regulators may order Alphabet's Google to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday. The EU's top antitrust watchdog, the European Commission, could issue a formal complaint against Google as early as Wednesday, the source said, further intensifyi...
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US Justice Department's Antitrust Case Against Google's Advertising Practices Gets Fast-Paced Schedule
The US Justice Department's antitrust lawsuit challenging Google's digital advertising technology practices has been fast-tracked, after a federal judge on Friday said the firm and the DoJ must disclose factual evidence by January 18, 2024. Google and the US Justice Department had sought at least five additional months to prepare for the upcoming t...
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Alphabet, Meta Earnings Decline Suggests Uncertain 2023 for Digital Ads Industry, Big Tech
Alphabet, Meta, and Snaps saw a decline in fourth-quarter results this week, suggesting a tough road ahead of digital ads business and big tech. Lower ad spending from brands in the financial services and technology sector was one reason for the revenue decline, Meta said.
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Snap Expects Lower Revenue in First Quarter Amid Increased Competition From TikTok, Lower Ad Demand
Snap reported on Tuesday that the firm swung to a net loss in Q4 2022 and the parent firm of popular app Snapchat expects revenue to fall by up to 10 percent in the current quarter. The company said that its business continued to be hurt by a weakening economy, increased competition from rivals and "platform policy changes".
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Google Sued by US Justice Department Over Dominance in Digital Advertising
Google has been sued by the US Justice Department along with eight states, as prosecutors take aim at Google's extremely profitable advertising business, asking that it be broken up to level the playing field for other companies. The company's ad dealings generated more than $200 billion (roughly Rs. 16,32,830 crore) in sales in 2021 and is parent ...
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Google Set to Face Lawsuit From US Justice Department Over Digital Ad Market Dominance: Report
Google could face a lawsuit from the US Justice Department as soon as Tuesday, according to a report. The US DoJ will reportedly file its second federal antitrust complaint against the company, alleging violations of antitrust law in how the tech giant acquires or maintains its dominance over the digital advertising market.
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Centre Asks Google To Stop Displaying Online Betting Ads: Report
The letter sent last week to Alphabet Inc's Google India asked the company to immediately drop all advertising, direct or surrogate, from betting platforms like Fairplay, PariMatch, Betway in search results and YouTube, the report said.
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Google Admits Slump in Digital Assets Market Has Axed Ad Business
During its earnings call, Google’s parent company Alphabet said that the search engine giant registered merely six percent growth from ad revenues in the last quarter that ended in September. This figure is the lowest recorded by Google in ad revenue in almost ten years.
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Google Search Ads Beat Targets, Despite Global 'Uncertainty', Recession Risks
Google search ads lifted parent Alphabet Inc close to Wall Street sales expectations on Tuesday, sending shares up on relief that the world's biggest seller of online advertising may withstand aglobalrecession better than smaller rivals.
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Social Media Stocks Set To Lose $42 Billion In Market Value On Dire Ad Spending
Shares of social media firms fell sharply on Friday after Twitter Inc and Snapchat's owner signaled advertisers had tightened their purse strings in response to a darkening economic outlook.
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Canada's Antitrust Watchdog Sues Google Over Alleged Anti-Competitive Conduct in Advertising
Canada's Competition Bureau is suing Alphabet's Google over alleged anti-competitive conduct in online advertising. The Competition Bureau, in a statement, said it had filed an application with the Competition Tribunal seeking an order that, among other things, requires Google to sell two of its ad tech tools.
-
Google Ads Introduces Auto-Generated Advertisement Tool Using Generative AI
Advertisers and businesses will now be able to auto-generate advertisements on Google Ads platform, said Dan Taylor, vice president of global ads at Google.
-
Samsung Aims to Introduce Affordable Foldable Phones to Challenge Apple's iPhone Range
Samsung Electronics is considering adding an affordable option to its portfolio of foldable phones, in a move to hasten adoption of the novel form factor. “We are trying to make a leap in our price positioning,” the chief of its mobile business, TM Roh, told Bloomberg News. “We are seriously considering the timing, but it is surely a difficul...
-
Google Charged By EU With Abusing Its Ad Tech Dominance
Google was accused of abusing its dominance over advertising technology to crush competition as EU fired off an antitrust charge sheet that threatens a breakup of parts of lucrative business, kicking off a process that could take years to resolve.
-
Google Abused Dominance, Says EU, May Have To Sell Part Of Ad Business
The European Commission accused Google on Wednesday of abusing its dominance of the online ad market and recommended the US company sell part of its ad services to ensure fair competition.
-
EU Antitrust Regulators May Demand Google to Sell Part of Its Ad-Tech Business to Curb Market Dominance
European Union antitrust regulators may order Alphabet's Google to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday. The EU's top antitrust watchdog, the European Commission, could issue a formal complaint against Google as early as Wednesday, the source said, further intensifyi...
-
US Justice Department's Antitrust Case Against Google's Advertising Practices Gets Fast-Paced Schedule
The US Justice Department's antitrust lawsuit challenging Google's digital advertising technology practices has been fast-tracked, after a federal judge on Friday said the firm and the DoJ must disclose factual evidence by January 18, 2024. Google and the US Justice Department had sought at least five additional months to prepare for the upcoming t...
-
Alphabet, Meta Earnings Decline Suggests Uncertain 2023 for Digital Ads Industry, Big Tech
Alphabet, Meta, and Snaps saw a decline in fourth-quarter results this week, suggesting a tough road ahead of digital ads business and big tech. Lower ad spending from brands in the financial services and technology sector was one reason for the revenue decline, Meta said.
-
Snap Expects Lower Revenue in First Quarter Amid Increased Competition From TikTok, Lower Ad Demand
Snap reported on Tuesday that the firm swung to a net loss in Q4 2022 and the parent firm of popular app Snapchat expects revenue to fall by up to 10 percent in the current quarter. The company said that its business continued to be hurt by a weakening economy, increased competition from rivals and "platform policy changes".
-
Google Sued by US Justice Department Over Dominance in Digital Advertising
Google has been sued by the US Justice Department along with eight states, as prosecutors take aim at Google's extremely profitable advertising business, asking that it be broken up to level the playing field for other companies. The company's ad dealings generated more than $200 billion (roughly Rs. 16,32,830 crore) in sales in 2021 and is parent ...
-
Google Set to Face Lawsuit From US Justice Department Over Digital Ad Market Dominance: Report
Google could face a lawsuit from the US Justice Department as soon as Tuesday, according to a report. The US DoJ will reportedly file its second federal antitrust complaint against the company, alleging violations of antitrust law in how the tech giant acquires or maintains its dominance over the digital advertising market.
-
Centre Asks Google To Stop Displaying Online Betting Ads: Report
The letter sent last week to Alphabet Inc's Google India asked the company to immediately drop all advertising, direct or surrogate, from betting platforms like Fairplay, PariMatch, Betway in search results and YouTube, the report said.
-
Google Admits Slump in Digital Assets Market Has Axed Ad Business
During its earnings call, Google’s parent company Alphabet said that the search engine giant registered merely six percent growth from ad revenues in the last quarter that ended in September. This figure is the lowest recorded by Google in ad revenue in almost ten years.
-
Google Search Ads Beat Targets, Despite Global 'Uncertainty', Recession Risks
Google search ads lifted parent Alphabet Inc close to Wall Street sales expectations on Tuesday, sending shares up on relief that the world's biggest seller of online advertising may withstand aglobalrecession better than smaller rivals.
-
Social Media Stocks Set To Lose $42 Billion In Market Value On Dire Ad Spending
Shares of social media firms fell sharply on Friday after Twitter Inc and Snapchat's owner signaled advertisers had tightened their purse strings in response to a darkening economic outlook.
