News by tag: Google

19.10.2017

Toronto wins the contest: it will be the Google City

Alphabet's Sidewalk Labs will develop a futuristic, billion-dollar community along a sizable swathe of Toronto's waterfront. On Wednesday, the City of Toronto and Sidewalk Labs  — which is the urban innovation arm of Google's parent company Alphabet — announced a partnership to radically re-imagine 800 acres of the city's largely vacant, post-industrial Eastern Waterfront, and turn it into a tech-integrated neighborhood called Quayside. 

 
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12.10.2017

Google: Wi-Fi Giant Balloons over Puerto Rico to restore Internet

Despite the best efforts of cell companies, the vast majority of Puerto Rico is offline. Internet coverage might seem like a luxury when people are struggling for clean water and power, but communications make moving essential supplies much easier, and enables lost families and friends to find each other. And while some are providing food and other necessary materials, Project Loon, a division of Alphabet’s X lab (formerly Google X), is trying to set up temporary internet and cell service using giant balloons.

 
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28.09.2017

Google Shopping is changing to avoid new EU fines

Three months after it was fined €2.4 billion by the European Commission for abusing its position on its online shopping service, Google is changing its website to comply with the Commission's demands and avoid a new penalty. On Thursday morning (28 September), the US company's shopping service will treat its own ads the same way as ads from external services.

 
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15.09.2017

Google may invest $1 bn in Lyft

Google parent company Alphabet is in talks to invest around $1 billion in Lyft, according to published reports. The talks are being driven by top officials at Alphabet, according to Axios. The potential investment could come from either Google or from CapitalG, Alphabet's investment division, Bloomberg reported. 

 
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15.09.2017

Google hit with class-action over gender-pay discrimination

A class action filed Thursday against Google claims the tech company systemically pays women less than men in similar jobs and also enables unequal promotions and opportunities for male and female workers. The sex discrimination case filed in San Francisco Superior Court, Ellis v. Google, accuses the Mountain View, California, company of paying women at all levels less than men in comparable positions, assigning women lower-tier jobs with lower pay and compensation than men and promoting women less frequently. The lawsuit also claims Google failed to correct these issues even after being made aware of them.

 
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12.09.2017

Google will appeal against €4.2 bn EU antitrust fine

Internet giant Google is appealing against a record 2.4 billion euro fine the European Commission handed down in June, 2017. The world's most popular Internet search engine, a unit of the U.S. firm Alphabet, launched its appeal two months after it was fined by the European Commission for abusing its dominance in Europe by giving prominent placement in searches to its comparison shopping service and demoting rival offerings.

 
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11.09.2017

EU Members ask for a web tax on digital tech giants

The finance ministers of France, Germany, Italy and Spain have written a joint letter to the European Union's presidency and Commission calling for taxes on tech giants' revenues, not just their profits. The four nations want the Commission to produce an "equalization tax" that would make companies pay the equivalent of the corporate tax in the countries where they earn revenue. France is leading a push to clamp down on the taxation of such companies, but has found support from other countries also frustrated at the low tax they receive under current international rules.

 
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25.07.2017

Alphabet's earnings keep investors in black despite EU fine

 
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13.07.2017

Google won the legal fight in France over $1.3 bln tax bill

Google emerged on Wednesday as the victor in its latest legal battle in Europe, after a French court said the technology behemoth did not have to pay $1.3 billion in back taxes. At issue was whether Google had avoided taxes in France by routing sales in the country through an Irish-based subsidiary over a five-year period ending in 2010.

 
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27.06.2017

EU Antitrust hits Google with a record $2.7 bn fine

Google has been fined a record €2.4 billion ($2.7 billion) after EU antitrust regulators concluded the first stage of their three-pronged probe into the world's most popular search engine. The fine, which targets the company's shopping business, is the largest doled out by Brussels for a monopoly abuse case and came after a seven-year long investigation prompted by scores of complaints from rivals such as U.S. consumer review website Yelp, TripAdvisor, UK price comparison site Foundem, News Corp and lobbying group FairSearch.

 
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