Paris – France has imposed a fine of 500 million Euros on Google, the leading company in the information technology sector. Isabelle de Silva, the President of the French Competition Authority, informed that this is the biggest action taken by the authority for violation of the copyright act of the European Union. Google has expressed […]
Canberra: – The Australian Parliament passed the law to keep a tab on the monopoly of Google and Facebook. Australia becomes the first country to pass legislation of this nature against the leading countries in the information technology sector. As per this law named ‘New Media Bargaining code’, Google and Facebook will have to pay […]
Washington: A severe reaction emerged from across the globe against Facebook’s unilateral decision to impose a ban on news in Australia. The US, the UK and other European countries have stepped up efforts for action against Facebook and other big tech companies, and a bill is likely to be introduced soon in the US Congress. […]
Tel Aviv/Riyadh: – Google, the leading IT company, has proposed an Undersea Internet Cable connecting Israel with Saudi Arabia. This proposal is a part of the ambitious Blue Raman Fibre Optic Cable connecting South Asia with Europe. There are indications of the traditional enemies Israel and Saudi Arabia aligning over the Iran issue. Against this […]
New Delhi: – Google is planning to invest $10 billion (₹750 billion) in India. Sundar Pichai, Chief Executive Officer of Google, made this big announcement during the virtual conference ‘Google for India’. Before this, on Monday, Prime Minister Narendra Modi and Sunder Pichai discussed varied issues via videoconferencing. The announcement made by Sunder Pichai, within […]
California: The leading information technology company ‘Google’ has claimed to have successfully developed and tested ‘Quantum Computing’ processor, capable of finishing a job that would take the present supercomputers 10,000 years, in a matter of three minutes. The test was named ‘Quantum Supremacy’ by Google and its CEO, Sundar Pichai claimed that the invention was […]
Paris: The leading IT Company Google will have to pay nearly $ 1 billion fine for the financial fraud committed in France. The settlement comprises a basic fine of $ 550 million along with a tax of $ 500 million. Only two months ago, the French government had decided to tax the enormous earnings of […]
Canberra: Following the United States, European Union and France, even Australia has indicated to rein in the bigwigs such as Facebook, Google and alike from the technology sector. The Australian government, in its reports released on Friday, has recommended more regulations on these technology bigwigs like Google and Facebook. ‘Companies like Google and Facebook need […]
Washington: The US Department of Justice (DOJ) has decided to institute investigations against the Big Tech resorting to monopolistic practices, using the financial might. Companies like Google, Amazon, Apple and Facebook would be facing the probe, named as the ‘Antitrust Review’. Only last week, a hearing was held of the companies, before the US Congressional […]
Washington: The US Congress and administration hints that big Information Technology (IT) companies would be undergoing scrutiny. The list of companies includes Google, Amazon, Apple and Facebook. The US Congress has said that these companies are allegedly using their financial muscle to create a monopolistic situation in the marketplace, which is detrimental to the democratic […]