Alphabet Inc’s Google must face all but one antitrust allegation about its online advertising business brought in a lawsuit by attorneys general for Texas and 16 other states or territories, a federal judge ruled. Google won its motion to dismiss an allegation that a cooperation agreement it struck with Meta Platforms’ Facebook in 2018 was … Read more
Researchers in the Allahabad University (AU) will conduct a study to identify ways in which microgreens — vegetables that are just a few inches tall like cauliflower, broccoli, cabbage, watercress, radish, etc., — can help improve the health of adolescent girls living in Uttar Pradesh villages. A research project “Microgreens value addition for advancement towards … Read more
Vivo has announced its plans to expand its portfolio of 5G smartphones with the launch of the Vivo V25 5G in India. Vivo V25 will feature a colour-changing fluorite AG glass design and 8GB of extended RAM The company shared two teasers for the upcoming smartphone on social media, which included a link to the … Read more
The US Senate Judiciary Committee scrapped a planned vote aimed at allowing news organisations to win more revenue from Alphabet’s Google and Meta‘s Facebook. “Today we held over the bill in the Judiciary Committee in part because a colleague was out and we needed his vote on one amendment,” said bill sponsor Senator Amy Klobuchar. … Read more
T-Mobile US, Inc. said that it had agreed to sell its wireline business to Cogent Communications Holdings, Inc. in a deal that would also see Cogent provide some services to the carrier for a fee. T-Mobile said it expected to record a pre-tax charge of about $1 billion in the third quarter of 2022 to … Read more
Meta Platforms Inc‘s Instagram is planning to drastically scale back its shopping features as it shifts the focus of its e-commerce efforts to those that directly drive advertising, the Information reported, citing an internal memo. Staff were notified that Instagram’s existing shopping page will eventually disappear, according to the report. Over the next few months … Read more
Binance, the world’s largest crypto exchange, said it is introducing “BUSD Auto-Conversion,” which will be used to convert any existing user balances and new deposits of USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into its own stablecoin. The move is intended to enhance liquidity and capital efficiency for users, the company said … Read more
Taiwanese battery maker ProLogium Technology Co has shortlisted four European countries – France, Germany, Poland and the United Kingdom – for an $8 billion solid-state lithium battery plant, consulting firm Accuracy. ProLogium has appointed Accuracy to find a location for the plant, which should have a capacity of 120 gigawatt hours (GWh) to supply electric … Read more
SoftBank Group Corp plans to cut at least 20% of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after CEO Masayoshi Son pledged to reduce costs on a record $50 billion loss at the unit in the six months to June 30. The conglomerate will cut at least 100 positions and could … Read more
Due to an unfortunate typo, cryptocurrency exchange Crypto.com mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68), media reports say. Seven months later, when the exchange finally discovered the error, but till then some of the money had already gone, The Verge reported citing the Australian news outlet 7News as … Read more