Google advertising practices targeted in antitrust probe

[ad_1] Texas Attorney General Ken Paxton, center, with District of Columbia Attorney General Karl Racine, left, and a bipartisan group of state attorneys general speaks to reporters in front of the U.S. Supreme Court in Washington, Monday, Sept. 9, 2019 on an antitrust investigation of big tech companies. (AP Photo/Manuel Balce Ceneta) State attorneys general […]

Yahoo Japan to acquire online fashion firm Zozo

[ad_1] Yusaku Maezawa, known for his extravagant lifestyle, is stepping down as Zozo chief executive after its acquisition by Yahoo Japan Yahoo Japan said Thursday it will acquire a majority stake in the online fashion retailer Zozo founded by billionaire Yusaku Maezawa, known for buying pricey art and his space travel plans. The Japanese IT […]

California law on rideshare drivers may hurt 'gig economy'

[ad_1] Labor activists Wednesday were celebrating California’s move to have drivers treated as employees by rideshare firms even as it fueled concerns it will hurt digital platforms depending on the so-called “gig economy.” A landmark bill was approved 29-11 late Tuesday in the state senate, with the assembly—which has already approved the measure—expected to send […]

Uber vows to keep fighting sweeping California labor bill

[ad_1] Assemblywoman Lorena Gonzalez, D-San Diego, receives congratulations from Assembly Speaker Anthony Rendon, of Lakewood after her to give new wage and benefit protections at the so-called gig economy companies like Uber and Lyft was approved by the Assembly in Sacramento, Calif., Wednesday, Sept. 11, 2019. The bill now goes to the governor, who has […]

Swiss say Facebook's digital currency plan will face hurdles

[ad_1] In this March 29, 2018 file photo, the Facebook logo on a screen at Nasdaq in Time Square, New York. Facebook and its partners have asked financial authorities in Switzerland to evaluate their plan to create a new digital currency called Libra. Facebook has said a nonprofit association headquartered in Geneva would oversee Libra, […]

Bill giving protections to Uber drivers, others moves ahead

[ad_1] Dozens of supporters of a measure to limit when companies can label workers as independent contractors rally at the Capitol in Sacramento, Calif., Wednesday, Aug. 28, 2019. If approved by the legislature and signed by Gov. Gavin Newsom, AB5, by Assemblywoman Lorena Gonzalez, D-San Diego, would require companies like Uber and Lyft to treat […]

Strike-hit British Airways flying into turbulence

[ad_1] British Airways pilots walked out for the first time in the company’s 100-year history, sparked by a bitter and long-running feud over pay British Airways, which likes to call itself the world’s favourite airline, flew into turbulence this week as pilots staged a costly and historic two-day strike, tarnishing its global reputation, analysts said […]

737 MAX could be 'phased' back into service by regulators

[ad_1] Boeing Chief Executive Officer Dennis Muilenburg said the 737 MAX could be brought back into service gradually by government regulators but is still on track to be cleared to fly again in 2019 Boeing’s 737 MAX could be brought back into service gradually by government regulators but is still on track to be cleared […]

Hong Kong Stock Exchange unveils shock £32bn bid for London rival

[ad_1] The Hong Kong Stock Exchange has made a blockbuster bid for the London Stock Exchange Group equivalent to $40 billion The Hong Kong Stock Exchange has bid almost £32 billion for its London rival in a shock move Wednesday to bring together two of the world’s largest financial hubs in Asia and Europe. The […]

Uber trims more staff as it seeks a route to profit

[ad_1] Uber, which has moved into electric bikes, trucking, and scooters, envisions becoming the “Amazon of transportation” in a future where people share instead of own vehicles Uber on Tuesday said it was laying off about eight percent of its product and engineering teams as the smartphone-summoned ride service tries to map a route to profitability. […]