Australian regulator seeks $19 mln penalty from Uber for misleading fares
After admitting to misleading consumers about ride fare estimates and cancellation penalties, Australia's competition authority is suing Uber Technologies Inc (UBER.N) and seeking a A$26...
Elon Musk buys Twitter for $44 billion
Elon Musk agreed to buy Twitter Inc (TWTR.N) for $44 billion in cash, transferring ownership of the social media network used by millions of...
Twitter starts deal talks with Elon Musk
Twitter Inc (TWTR.N) began talks with Elon Musk on Sunday after he wooed several of the social media company's shareholders with financial specifics on...
Australia: Trivago fined $44.7m over misleading prices
In 2020, Trivago was found guilty of misleading customers by claiming to provide them the cheapest rates when, in fact, it rated hotels based...
EU sets new online rules for Meta, Google to curb illegal content
Under new internet laws adopted on Saturday by European Union governments and EU parliament, Alphabet (GOOGL.O) unit Google, Meta (FB.O), and other giant online...
Google to set up product development centre in Nairobi
Google (GOOGL.O) of Alphabet Inc. is establishing its first ever Africa product development centre in Nairobi, Kenya, as it prepares to service a growing...
Netflix’s revenues likely to dip in nearly 8 years
Netflix Inc. (NFLX.O) is likely to post its weakest quarterly revenue growth in nearly eight years, but the attention will be on its outlook...
Elon Musk offers $43 billion cash for Twitter takeover
Elon Musk, the billionaire Tesla CEO, unveiled a $43 billion cash buyout offer for Twitter Inc (TWTR.N), arguing that the social media company needs...
Google plans to invest $9.5 bln in US offices
Google (GOOGL.O), a subsidiary of Alphabet Inc. (GOOGL.O), announced on Wednesday that it aims to invest $9.5 billion in its U.S. offices and data...
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