I suspect that as you move into the next quarters. So software to us is a macro trade. I think even the CEOs are not going to get it right. I think you will start seeing earnings upgrade happening sometime in the third and the fourth quarter of the season. Simply because the US is doing so well.
Apple on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees.
Gannett said Google's ad monopoly forces publishers to sell more ad space to them at depressed prices, resulting in "dramatically less revenue for publishers and Google's ad-tech rivals, while Google enjoys exorbitant monopoly profits".
Much can still be done for India's local digital ecosystem, not the least of which is to ensure that its future is free of monopolistic control.
With our history of regulations stifling markets, it is prudent to avoid a repeat of history. More importantly, it will send a message that the regulatory regime in India frowns upon large profits, and investors and entrepreneurs should take their capital and ideas elsewhere.
Lithium is a non-ferrous metal, which is used to make mobile-laptop, electric vehicle and other chargeable batteries. GSI and mining officials have claimed that the amount of Lithium present in these reserves can satisfy 80 percent of India's total demand. The discovery of these reserves may help in reducing the dependency of India on China for Lithium.
Demand for business loans has skyrocketed with a healthy credit cycle, while demand for mortgages has seen some transfer. Diversified lenders such as BAF, Poonawalla, LTFH, and non-vehicle segments are expected to show healthy results. HDFC Bank, ICICI Bank, Tata Capital, Yes Bank, Faircent, L&T Finance and AB Capital have adopted an aggressive stance to grow their loan book across product segments. Commission payouts offered by different lenders for a particular product are not significantly different. Rural areas in Rajasthan have a history of lower delinquencies. Poonawalla Fincorp and Bajaj Finance have been deemed as a buy with potential for increase in value.
Days after Microsoft Corp. announced that it would incorporate OpenAI’s AI-powered chat technology into its Bing search engine, Alphabet Inc.’s Google said it would release its own conversational AI product, said Kenneth Dintzer, the Justice Department’s lead lawyer in its antitrust case against the search giant.
"As the Adani 'megascam' has shown, PM Modi's 'suit-boot ki sarkaar' has systematically helped his cronies build large, concentrated monopolies across various sectors since he took office. Now we have fresh and credible evidence that these monopolies are driving price rise in the country by misusing their market power to systematically charge 10-30 per cent higher prices than their competitors," Jairam Ramesh alleged in a statement.
EBay's lawyers said in a filing in the San Francisco federal court that Meta is demanding confidential business information about eBay's privacy policies, data retention and other topics that are not relevant to the FTC's monopoly claims.
When a company is a dominant player, even if it does nothing wrong at all, any new player in the business will end up taking share and sales away from it
A Bench led by Chief Justice DY Chandrachud said it would not make any changes to its January 19 order. “No clarification is required. Go argue in appeal” before the National Company Law Appellate Tribunal.
Defence research can be productive with private sector-like efficiency only in an environment of innovation, freedom and flexibility devoid of bureaucratic hurdles and rigid procedures. Scientists should be freed from administrative responsibilities. The departmental system within which DRDO functions has to make way for a highly autonomous structure.
India has drawn up or proposed legislation — the IT rules, the draft Digital Data Protection Bill, and the proposed Digital Competition Act and Digital India Act – to regulate data collection and break the monopolies of the BIg Tech companies.
A week ago, WhatsApp Pay's India head Vinay Choletti quit the company just after four months he was elevated to the position. His resignation is the fourth high-profile exit in about one-and-a-half months from Meta in India after its country head Ajit Mohan stepped down in November. Now, Choletti is in talks to join Tata Digital’s payments business.
India is unlikely to link the likely subsidy for battery swapping to adherence of standards, to be announced soon. Existing electric vehicle manufacturers are opposed to homogenous swapping standard.
Skyroot Aerospace's Vikram-S will carry 3 payloads; Hyderabad based co backed by founders of Greenko, Mukesh Bansal of Myntra and Cult.fit; GIC of Singapore among others
Today, Google and Facebook command about 60% of all US digital advertising revenue and appropriate billions of dollars from traditional media, leaving growing news deserts in their wake. Apple controls over 50% of the mobile phone market, and Amazon remains unassailable in the ecommerce segment. Studies in other developed markets like Britain and Australia have yielded comparable findings.
If Binance acquires FTX, it will be bigger in terms of volume than the other eight biggest crypto exchanges combined and control an estimated 80% of the market.
However, in a June 2019 analysis, Ryan Bourne of the Cato Institute says history shows that supposed monopolies are temporary, and old giants are constantly ousted by new ones. The Great Atlantic and Pacific Tea Company (A&P), the US retailing giant of the 1920s-30s, was prosecuted for monopolistic practices, but was downed by new technology and market forces that led it to bankruptcy in 2010.
The allegation is that Google was dictating terms and conditions that unilaterally favoured itself, resulting in unfair compensation for content generated by the news organisations.
According to a Wall Street Journal report in July, Google offered the US government to split its ad-tech business into a separate entity under the Alphabet umbrella, to avoid an antitrust lawsuit.