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Friday, September 13, 2024
Judge calls foul on Venu, blocks launch of ESPN-Warner-Fox streaming service

Judge calls foul on Venu, blocks launch of ESPN-Warner-Fox streaming service

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Gina Ferazzi via Getty A US judge has temporarily blocked the launch of a sports streaming service formed by Disney’s ESPN, Warner Bros and Fox, finding that it was likely to “substantially lessen competition” in the market. The service, dubbed Venu, was expected to launch later this year. But FuboTV, a sports-focused streaming platform, filed…
All the possible ways to destroy Google’s monopoly in search

All the possible ways to destroy Google’s monopoly in search

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Aurich Lawson After US District Judge Amit Mehta ruled that Google has a monopoly in two markets—general search services and general text advertising—everybody is wondering how Google might be forced to change its search business. Specifically, the judge ruled that Google's exclusive deals with browser and device developers secured Google's monopoly. These so-called default agreements…
Google antitrust verdict leaves Apple with “inconvenient alternatives”

Google antitrust verdict leaves Apple with “inconvenient alternatives”

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Benj Edwards The landmark antitrust ruling against Google on Monday is shaking up one of the longest-standing partnerships in tech. At the heart of the case are billions of dollars’ worth of exclusive agreements Google has inked over the years to become the default search engine on browsers and devices across the world. No company…
Big Tech reform is coming from the courts, not Congress. Is that good?

Big Tech reform is coming from the courts, not Congress. Is...

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This week's ruling that Google is an illegal monopolist is a major victory for the yearslong movement to rein in the giant tech platforms.It's also one of the only victories that movement has had.And, tellingly, it didn't come as a result of new law, but from a judge's decision.Because in the US, that's how we're…
Why Apple could be a loser in Google’s antitrust defeat

Why Apple could be a loser in Google’s antitrust defeat

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A federal judge just ruled against Google in a major antitrust case. Apple could be caught in the blowback.That's because a big part of the government's case against Google — that it has an illegal monopoly in search — focuses on deals Google makes with platforms and device-makers to be their default search engine.And the…
Google violated antitrust law to keep a monopoly on search, federal judge rules

Google violated antitrust law to keep a monopoly on search, federal...

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Google violated antitrust law with its online search, a federal judge ruled Monday, striking a major blow against one of the titans of the tech industry.District Judge Amit Mehta said Google's billions in payments to keep its search engine as the default on web browsers violated US law."After having carefully considered and weighed the witness…
Accused of using algorithms to fix rental prices, RealPage goes on offensive

Accused of using algorithms to fix rental prices, RealPage goes on...

RealPage says it isn’t doing anything wrong by suggesting to landlords how much rent they could charge. In a move to reclaim its own narrative, the property management software company published a microsite and a digital booklet it’s calling “The Real Story,” as it faces multiple lawsuits and a reported federal criminal probe related to…
Report: Alphabet close to $23 billion deal for cybersecurity startup Wiz

Report: Alphabet close to $23 billion deal for cybersecurity startup Wiz

Timon Schneider/Dreamstime Google’s parent company, Alphabet, is in talks to buy cybersecurity start-up Wiz for about $23 billion, in what would be the largest acquisition in the tech group’s history, according to people familiar with the matter. Alphabet’s discussions to acquire Wiz are still weeks away from completion, said one person with direct knowledge of…
Brussels explores antitrust probe into Microsoft’s partnership with OpenAI

Brussels explores antitrust probe into Microsoft’s partnership with OpenAI

Enlarge / EU competition chief Margrethe Vestager said the bloc was looking into practices that could in effect lead to a company controlling a greater share of the AI market. Brussels is preparing for an antitrust investigation into Microsoft’s $13 billion investment into OpenAI, after the European Union decided not to proceed with a merger…
Biden is going after corporate giants for being too big. Here’s who he’s targeted so far.

Biden is going after corporate giants for being too big. Here’s...

President Joe Biden is really leaning into his pro-labor image.The Biden administration has launched investigations and antitrust lawsuits against several mega corporations, many in the tech sector, that it accuses of behaving like monopolies — and it's setting him apart from his predecessors."This is definitely a different agenda than previous presidents," Rebecca Allensworth, an antitrust…

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