Meta battles U.S. antitrust agency over future of virtual reality

Meta battles U.S. antitrust agency over future of virtual reality

SAN JOSE, Calif./ WASHINGTON, Dec 8 (Reuters) – The Biden administration on Thursday accused Meta Platforms Inc (META.O) of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial to try to prevent the Facebook parent from buying virtual reality app developer Within Inc. The FTC sued in July to … Read more

Russian court upholds $33 mln fine against Google

Russian court upholds  mln fine against Google

Nov 24 (Reuters) – An arbitration court in Moscow has upheld a 2-billion rouble ($33 million) fine against Google issued by Russia’s federal anti-monopoly service over the company’s decision to block some YouTube channels, the RIA Novosti news agency reported, citing a court decision. Reporting by Reuters; Editing by Kevin Liffey Our Standards: The Thomson … Read more

Simon & Schuster to let sale to Penguin fall apart, sources say

Simon & Schuster to let sale to Penguin fall apart, sources say

NEW YORK, Nov 20 (Reuters) – Book-publishing powerhouse Simon & Schuster will let its $2.2 billion sale to Penguin Random House collapse on Monday, opening the door for a new suitor to try to clinch a deal, according to people familiar with the matter. The acquisition was blocked on Nov. 1 by a federal judge … Read more

Ukraine nuclear plant shelled, U.N. warns: ‘You’re playing with fire!’

Ukraine nuclear plant shelled, U.N. warns: ‘You’re playing with fire!’

IAEA says Ukraine plant rocked by 12 blasts Plant is controlled by Russian forces Moscow and Kyiv accuse other of shelling ‘You’re playing with fire!’ – IAEA chief LONDON, Nov 20 (Reuters) – Ukraine’s Zaporizhzhia nuclear power plant, which is under Russian control, was rocked by shelling on Sunday, drawing condemnation from the U.N. nuclear … Read more

U.S. opens antitrust probe into Ticketmaster -New York Times

U.S. opens antitrust probe into Ticketmaster -New York Times

WASHINGTON, Nov 18 (Reuters) – The U.S. Justice Department has opened an antitrust investigation into Ticketmaster’s owner, Live Nation Entertainment (LYV.N), the New York Times reported on Friday after the company’s sale of Taylor Swift concert tickets this week overwhelmed its website. Reporting by Diane Bartz Editing by Chris Reese Our Standards: The Thomson Reuters … Read more

Penguin, Simon & Schuster merger blocked over impact on authors – U.S. judge

Penguin, Simon & Schuster merger blocked over impact on authors – U.S. judge

WASHINGTON, Nov 7 (Reuters) – A U.S. judge cited negative impacts on top-selling authors in blocking a planned $2.2 billion merger of Penguin Random House, the world’s largest book publisher, and rival Simon & Schuster, according to a written opinion released Monday. Judge Florence Pan of the U.S. District Court for the District of Columbia … Read more

More U.S. companies charging employees for job training if they quit

More U.S. companies charging employees for job training if they quit

WASHINGTON, Oct 17 (Reuters) – When a Washington state beauty salon charged Simran Bal $1,900 for training after she quit, she was shocked. Not only was Bal a licensed esthetician with no need for instruction, she argued that the trainings were specific to the shop and low quality. Bal’s story mirrors that of dozens of … Read more

Google loses challenge against EU antitrust decision, other probes loom

Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Reuters.com Register LUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other regulators to ratchet up pressure. … Read more

Google faces $25.4 billion damages claims in UK, Dutch courts over adtech practices

Google faces .4 billion damages claims in UK, Dutch courts over adtech practices

The Google name is displayed outside the company’s office in London, Britain, November 1, 2018. REUTERS/Toby Melville/File Photo Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 13 (Reuters) – Alphabet unit Google (GOOGL.O) will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two … Read more

Ukraine says it downs Russian missiles, UN pushes for nuclear plant’s safety

Ukraine says it downs Russian missiles, UN pushes for nuclear plant’s safety

Ukraine waging counter-offensive in south against Russians U.N. seeks security zone near damaged Zaporozhzhia nuclear plant KYIV/VIENNA, Sept 6 (Reuters) – Ukrainian forces shot down five Russian cruise missiles on Tuesday, most of them in the south, President Volodymyr Zelenskiy said, but he made no mention of a new military success in the east hinted … Read more