The European Union charged Google for Anti-competitive practices in advertising technology (ADTech) and may seek the breakup of parts of its business to resolve the bloc’s concerns. The executive arm of the EU, the European Commission reached a primary conclusion that Google is dominant in the European Union market for publisher ad servers and also…
Meta plans to launch a new broadcasting feature in the form of broadcasting channels for its WhatsApp messaging service. Meta Said, “The new Channels feature is akin to a private broadcast service in which people and organizations can send messages and updates to followers that are separate from the kinds of interpersonal communications that occur between WhatsApp…
Intel reported first-quarter results yesterday that showed a 133% annual reduction in its earnings per share. Revenue declined nearly 36% year over year to around $11.7 billion. The loss per share and sales were comparatively better than soft Wall Street anticipations. For the second quarter, Intel anticipates losing 4 cents per share on an income of $12 billion….
Google has been investing a lot of money into its cloud-computing business to compete with Microsoft and Amazon. Those high investments are ultimately turned into a profit. Alphabet said that Google’s cloud-computing business is profitable for the first time after years of heavy investment. According to Alphabet’s earnings statement, “The segment generated $191 million in operating income…
