Friday, September 6, 2024

The UK CMA objects to Google's ad tech practices, says Google harms competition by using its online display ad dominance "to favour its own ad tech services" (Ryan Browne/CNBC)

Ryan Browne / CNBC:
The UK CMA objects to Google's ad tech practices, says Google harms competition by using its online display ad dominance “to favour its own ad tech services”  —  LONDON — Britain's competition watchdog on Friday issued a statement of objections over Google's ad tech practices …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...