Ford Motor Co. $30,000 EV Pickup truck was spotted testing recently as the battle for affordable EV pickup trucks heats up, but as CEO Jim Farley looks to the future, the automaker’s recall woes continue to pose challenges. $30,000 EV...
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Yahoo Finance Tech Editor Dan Howley breaks down some of the day's biggest headlines, including Alphabet's Google (GOOG, GOOGL) being ordered by a Swedish court to pay nearly $2 billion to buy now, pay later platform Klarna (KLAR) in an antitrust suit.
South Korea's antitrust regulator accused Google of abusing its dominance in the Android app market.
Ford (NYSE: F) ranked No. 1 among “Mainstream Brands” in the new J.D. Power Initial Quality Study. It was the first time it had occupied that spot since 2010. Much of that positive news was wiped out by a recall of more than 740,000 vehicles, according to the National Highway Traffic Safety Administration. The notice ... Ford Reputation Deeply Damaged by 740,000 Recall
Sweden's market court has ordered Google to pay nearly $2 billion in damages to Klarna Group's PriceRunner subsidiary. The court found that Google unlawfully favored its own shopping comparison service over rivals for several years. This ruling is described as one of the largest antitrust damages awards in Sweden and strengthens Klarna's position in comparison shopping. Klarna Group (NYSE:KLAR), which acquired PriceRunner in 2022, now has a substantial court-awarded claim tied directly to...
By Supantha Mukherjee STOCKHOLM, July 1 (Reuters) - A Swedish court on Wednesday ordered Alphabet's Google to pay about $1.5 billion in damages to PriceRunner, the price comparison business owned by
F is recalling more than 741,000 U.S. vehicles over a transmission defect that can damage the parking system and raise rollaway risk.
AORT's FDA approval for AMDS removes a key hospital adoption hurdle and opens access to an estimated $150 million annual U.S. market.
A Swedish court determines the Alphabet-owned tech giant favored its own shopping service in search results.
The Patent and Market Court in Stockholm ruled Google unlawfully favored its own shopping comparison service, though the award fell well short of what PriceRunner sought
Watchdog says company restricted app store competition.
A Swedish court ordered Alphabet’s Google to pay Klarna $1.97 billion in damages after the buy now, pay later company won an antitrust case alleging that the search giant engaged in anticompetitive practices. Klarna’s price-comparison unit, PriceRunner, sued Google in 2022 in Swedish court. PriceRunner alleged Google was giving preferential treatment to its own price-comparison service in its search results.
A Swedish court on Wednesday ruled that Google-parent Alphabet abused its internet search-related market power in comparison shopping services versus Klarna Group's Pricerunner unit. Google was ordered to pay Klarna nearly $2 billion in damages. Klarna stock popped on the news.
Investing.com -- Klarna Group (NYSE:KLAR) shares jumped 6% on Wednesday following a massive legal victory over Alphabet’s tech monopoly. A Swedish court ruled in favor of Klarna’s subsidiary, PriceRunner, awarding the company a staggering $1.97 billion in antitrust damages. The high-stakes judgment caps off a fierce battle over online shopping dominance, with the court finding that Google illegally choked out competition by manipulating search results to favor its own comparison-shopping service
(Updated with a response from a Google spokesperson in the sixth paragraph.) Alphabet's (GOOGL, G
STOCKHOLM, July 1 (Reuters) - A Swedish court said on Wednesday Alphabet's Google is to pay the equivalent of around 14.3 billion Swedish crowns ($1.5 billion) in antitrust damages to Klarna's price
A Swedish court on Wednesday ordered Alphabet's Google to pay about $1.5 billion in antitrust damages to PriceRunner, the price comparison business owned by payments platform Klarna. The award, equivalent to around 14.3 billion Swedish crowns, comes amid growing scrutiny of U.S. Big Tech companies in Europe. It is the largest award by a Swedish court in a competition case, though well below the 78 billion crowns PriceRunner had sought, including accrued interest.
Paramount Skydance (PSKY) has reportedly offered concessions to address European Union competition c
Alphabet's (GOOGL, GOOG) Google is facing a South Korean investigation for allegedly abusing its dom
Express Scripts, Caremark and Optum Rx sued the FTC after the agency accused them of driving up the cost of insulin. But the countersuit is being put to bed now that the PBMs are settling with regulators.
Uber’s business depends on a simple but fragile exchange of trust. A customer opens an app, confirms a name and license plate, and gets into a stranger’s car. This routine has become normal for millions of riders heading to airports, restaurants, offices, hotels, concerts, and home after nights ...
Transmission problem affects SUVs and F-150 pickups.
June 30 () - Airbnb must face a lawsuit by the city of Los Angeles, which accused the home rental company of allowing price gouging affecting more than 2,600 properties during the January 2025 wildfires in southern California, City Attorney Hydee Feldstein Soto said on Tuesday. (Reporting by Jonathan Stempel in New York; Editing by Chris Reese).
Disney's $50 million class action settlement pays YouTube TV and DirecTV Stream subscribers who had plans between April 2019 and March 2026.
The U.S. Supreme Court agreed on Tuesday to hear Apple's bid to escape being found in contempt in its legal fight with "Fortnite" maker Epic Games after the iPhone maker was deemed in violation of a judicial order mandating sweeping changes to its lucrative App Store in the antitrust litigation. The justices took up Apple's appeal of a lower court's ruling upholding a decision by Oakland, California-based U.S. District Judge Yvonne Gonzalez Rogers finding Apple in contempt in Epic's 2020 lawsuit contesting App Store fees. The Supreme Court is expected to hear the case in its next term, which begins in October.
Artificial intelligence has created shortages across nearly every part of the semiconductor supply chain. GPUs have received most of the attention, but memory chips have quietly become just as critical. Every advanced AI accelerator depends on high-bandwidth memory (HBM), and manufacturers are struggling to keep pace. Even after investing billions of dollars to expand production, ... Micron Hit With Price-Fixing Lawsuit: Real Collusion or Simple Supply and Demand?
YouTube TV and DirecTV Stream subscribers from April 2019 through March 2026 can file claims by Sept. 8
(Updates with the company's response in the fourth paragraph.) Super Micro Computer (SMCI) is coo
The recall covers a transmission issue that could cause vehicles to roll away.
June 30 (Reuters) - A bipartisan group of U. lawmakers has opened national security investigations into whether drugmakers Merck and AbbVie have been involved in clinical trials conducted in China that helped fuel the communist country's military capability, according to letters seen by Reuters.