Tech
Google plans to restructure ad sales amid automation boom
Alphabet-owned Google plans to reorganise much of its 30,000-strong advertising sales division, The Information reported on Tuesday, citing a knowledgeable person.
Google will pay out $700 million to consumers in the US
According to the company and documents filed with the San Francisco federal department, alphabet-owned Google will pay $700 million and revamp its Play app shop
US court approves ordering Binance to pay $2.7bn to CFTC
A US court has ruled against cryptocurrency exchange Binance and its former CEO Changpeng Zhao, approving fines in the billions of dollars for money laundering
Google will pay out $700 million to consumers in the US
Alphabet’s Google has agreed to pay $700 million and allow increased competition in its Play app shop under the terms of an antitrust settlement with
Apple will stop selling the Series 9 and Ultra 2 smartwatches in the US
Apple has announced that it will suspend sales of its Series 9 and Ultra 2 smartwatches in the US from this week over patent litigation
EU opens proceedings against X
The European Union announced Monday that it will open an investigation against social networking company X for allegedly failing to comply with its obligations, in
South Korea’s LG Chem will invest $820m to build a cathode battery plant in the US
South Korea’s LG Chem announced that it will invest $820 million to build a battery cathode materials plant in the US state of Tennessee. Last
IBM to buy Software AG’s enterprise technology business for $2.3bn
IBM on Monday said it will buy Software AG’s enterprise technology platforms for 2.13 billion euros ($2.33 billion) to support artificial intelligence and hybrid cloud
Activision will pay $50 million to settle a workplace discrimination lawsuit
Activision Blizzard will pay about $50 million to settle a California regulator’s lawsuit that accused the video game maker of 2021. discriminated against female employees,
Robinhood attracts wealthier clients from larger brokerage firms
Robinhood Markets is attracting customers from other brokerages and is looking to reach beyond its base of young, novice investors, the Wall Street Journal reported