Verizon unit wins multiple bids worth $1.9 billion in 3.5Ghz 5G spectrum auction

In a statement, the Federal Communications Commission (FCC) said, a unit of Verizon Communications Inc has won multiple bids worth around $1.9 billion during the auction of a key spectrum block in the 3.5 GHz band. Totally, 228 bidders won bids worth nearly $4.6 billion for the mid-band spectrum block. The auction of the spectrum…

Australia’s upcoming law will force Facebook and Google to pay for sharing domestic media content

In a statement, U.S. social media giant Facebook Inc said, it would block news publishers and people in Australia from sharing news on its app, including Instagram and Facebook if a proposed bill which forces it pay local media outlets for content, becomes law. In July, the Australian government said it would require tech giants…

European Commission scrutinizing how FB and Google monetizes data, leverages it to expand, block competitors

In a statement, the European Commission said, it is investigating how Facebook collects and monetizes its data. The development signals the opening of a second front, on top of an existing investigation, into Facebook’s marketplace. As part of preliminary investigations into both Facebook and Google, the EU executive said, it had sent out questionnaires to…

European Commission imposed fine of $14.14 million on Nike

According to the 2-year long investigation, Nike blocked cross border sales of soccer merchandise between 2004 to 2017. On Monday, the European Commission imposed a fine of $14.14 million (12.5 million euros) on U.S. sportswear maker Nike for restricting cross-border sales of merchandising products of five European football clubs as well as to a football…

Amazon.com re-allows Australian shoppers on its U.S. site

The strategic decision comes a day before Black Friday and the crucial holiday shopping season in the U.S. On Thursday, Amazon.com Inc, the world’s largest online retailer, stated it would no more block Australian shoppers from accessing its U.S. site. The development comes midst a customer backlash in the world’s 12 biggest economy. Australian shoppers…

Employees want more oversight and transparency over Google’s Dragonfly project

In 2006, Google had entered China only to leave in 2010 over an escalating dispute with regulators that was capped by what security researchers identified as state-sponsored cyberattacks against Google and other large U.S. firms. According to a transcript of a meeting between Google’s CEO and its employees, the search engine giant is not close…

Apple collaborates with Chinese telecoms to counter spam and fake calls

Unable to match tariff for tariff hikes with the United States, China is increasing its scrutiny of business dealings of U.S. entities in the country. On Thursday, China’s News Service stated, Apple Inc is collaborating with Chinese telecom companies in order to bring down the levels of spam it receives through its messaging service. The…

Alphabet Inc’s Google launches AI-based ‘mini app’ eyeing Chinese market

Although much of its core apps, including Google Search, email and appstore have been blocked in China, the launch of Caihua Xiaoge, a drawing game based on its image recognition technology, is aimed at gaining a toehold in the Chinese market. On Wednesday, in a development that underscores Alphabet Inc’s intention to re-enter China’s consumer…