International Companies
Google bows to pressure and allows default search engines on Android devices
Google has announced it will allow rival search engines to become the users’ default option on its Android devices.
EU opens antitrust investigation into Google's ad unit
The European Commission opened an antitrust probe on Tuesday into whether Google’s advertising unit favours its own online display ad services.
Google to open Workspace to everyone
Google announced on Monday that it would be making its Workspace service available to everyone including consumers on free Google accounts.
Google closes London start-up space
Google announced on Monday that it will permanently close its Campus in East London because of the Covid-19 pandemic.
Google to change global ad practices in landmark antitrust deal
Google announced on Monday that it would change its global advertising practices after caving into pressure from French antitrust authorities for the first time.
Federal court dismisses complaint against Facebook seeking to split firm
A US federal court dismissed the Federal Trade Commission's antitrust complaint against Facebook that sought to split the company, on grounds that the agency had failed to provide evidence for its claim that the social media giant holds a monopoly in social networking.
Facebook virtual reality ad partner abandons project
Facebook’s first partner for advertising in its virtual reality headset, Blaston, has pulled out of the initiative less than a week after it was announced.
UK and EU open separate competition probes against Facebook
Facebook faces two separate probes from the UK and EU regulators which both opened investigations over alleged monopolistic behaviour in its use of advertising data.
CMA launches probe into Amazon and Google over fake reviews
The Competition and Markets Authority announced on Thursday that it will investigate tech giants Amazon and Google over whether the two firms broke consumer law by taking insufficient action to take down fake reviews on their sites.
Oil majors vie to partner Qatar in vast LNG project - report
Six of the world’s biggest energy firms are competing to partner Qatar on the country's ambitious plans to significantly increase liquefied natural gas output.
US Supreme Court declines J&J bid to overturn $2bn baby powder ruling
The US Supreme Court on Monday declined to hear Johnson & Johnson's bid to overturn a $2. 12bn damages award to women who allege that their ovarian cancer was caused by the company's baby powder and other talc products.
Microsoft and Google end truce after six years
Microsoft and Google are preparing for open warfare after a six-year truce ended in April without renewal as regulators scrutinise barriers to competition.
UK government to ban junk food advertising online and before 9pm on TV
The UK government is set to announce a ban on junk food advertising online and before 9pm on television from 2023 in another move to fight the country’s obesity crisis.
Visa signs deal to acquire European banking platform Tink for $2.15bn
Payments technology company Visa said on Thursday it had signed a deal to buy European open banking platform Tink for $2. 15bn.
Fund managers say inflation 'transitory', banks biggest 'overweight' - BofA
Most fund managers around the world continued to believe that the recent acceleration in price pressures in the States would prove transitory, placing their trust in the Federal Reserve's ability to "peacefully" draw back on its policy easing, the results of a closely-followed survey revealed.
Apple warns of risks of installing unapproved apps ahead of antitrust debate
Apple warned late on Tuesday of the risks of allowing iPhone users to download unapproved apps ahead of a debate in Congress where lawmakers are set to discuss a series of antitrust bills.
Competition watchdog to probe Apple and Google mobile ecosystems
The Competition and Markets Authority is to investigate Apple and Google’s dominance in mobile ecosystems, the watchdog announced on Tuesday.
Airbus delivers 50 jets in May, announces Lufthansa A350 order
Airbus delivered 50 airplanes in May, bringing its total so far in 2021 to 220 jets and announced a new order for five A350 aircraft from Lufthansa.
Washington and Brussels to bury the hatchet on Boeing-Airbus dispute for five years
Brussels and Washington have decided to shelve their often acrimonious spat over the subsidies granted to their aircraft manufacturers for five years.
Over $4bn wiped off Coca-Cola market value after Ronaldo rejects bottle
Footballer Cristiano Ronaldo, removed two Coca-Cola bottles from the table during a press conference at the Eurocup 2020 football tournament and caused a $4bn fall in the share price of the company.