The US government’s antitrust battle with Google has attracted worldwide scrutiny. Not since Microsoft stood trial in 1998 has Big Tech faced such a threat. One year after Judge Amit Mehta declared Google a monopolist, he presented remedies that some view as weak while others see as potentially effective. Google’s core platforms remain untouched During the remedies phase, speculation grew about a possible breakup. Judge Mehta dismissed demands to spin off Chrome, the world’s most popular browser. The Justice Department also asked for oversight of Android to prevent Google from strengthening its grip on search and advertising. Both products survived…
Author: Grace Johnson
Grace Johnson
Grace Johnson is a freelance journalist based in Beijing with over 15 years of experience reporting on Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. She earned her degree in Communication and Journalism from the University of Miami. Throughout her career, she has contributed to major outlets including The Miami Herald, CNN, and USA Today. Known for her clear and engaging reporting, Grace delivers accurate and timely news that keeps readers informed on both national and global developments.
Gold has risen to a record level as global instability drives demand for safe assets. On Tuesday morning, the spot price touched $3,508.50 per ounce. The rally has boosted the metal by nearly a third this year. Trade tensions drive surge Gold traditionally strengthens during periods of uncertainty. Earlier this year, its price spiked after President Donald Trump imposed sweeping tariffs. The measures unsettled global trade and encouraged investors to seek stability. Analysts also expect the US central bank to cut interest rates, adding to gold’s appeal. Adrian Ash, research director at BullionVault, said Trump’s policies sparked the surge. He…
Shares of Chinese electric vehicle maker BYD dropped by as much as 8% on Monday. The fall came after the company revealed weaker earnings, squeezed by an escalating battle over prices in the auto market. Quarterly results disappoint investors On Friday, BYD reported net profit of 6.4bn yuan ($900m; £660m) for April to June. That was 30% lower than the same period last year. The company admitted that aggressive discounting among EV brands had weighed heavily on the sector. Rivals intensify the fight The Shenzhen-based manufacturer faces mounting competition from Nio, XPeng, and Tesla. All have slashed prices to attract…
An Australian court has fined airline giant Qantas 90 million Australian dollars for unlawful sackings during the Covid-19 crisis. The company had dismissed more than 1,800 ground staff in 2020. Australia’s Transport Workers’ Union welcomed the decision. It called the fine the largest in history for breaches of industrial relations law. Court delivers a clear warning Federal Court Justice Michael Lee said the penalty must serve as real deterrence. He stressed that employers must know such conduct has consequences. Qantas accepted the ruling and announced it will pay the fine. The company admitted it caused harm to its workers. “We…
A US senator has launched a probe into Meta. A leaked internal document reportedly showed that the company’s artificial intelligence allowed “sensual” and “romantic” conversations with children. Confidential standards revealed Reuters reported the document was titled “GenAI: Content Risk Standards.” Senator Josh Hawley, a Republican, described its contents as “reprehensible and outrageous.” He demanded access to the entire paper and a list of the affected products. Meta denied the claims. A spokesperson said: “The examples and notes in question were erroneous and inconsistent with our policies.” They stressed Meta had “clear rules” for chatbot responses. These rules “prohibit content that…
