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Google hit with record 4.3-billion euro fine in EU over Android

BRUSSELS, Belgium (UPDATED) – The European Union slapped Google with a huge 4.34-billion-euro fine for abusing the dominance of its Android operating system on Wednesday, July 18, in the biggest antitrust penalty in the bloc's history. EU Competition Commissioner Margrethe Vestager said the US tech giant illegally used Android's near-monopoly to ........»»

Category: newsSource: rappler rapplerJul 18th, 2018

Google faces record 4.3-billion euro fine in EU over Android

BRUSSELS, Belgium –  Google faced a record EU anti-trust fine of 4.3 billion euros on Wednesday, July 18, over its Android smartphone system, in a ruling that risks a fresh clash between Brussels and Washington. EU Competition Commissioner Margrethe Vestager is expected to say that the US tech giant abused Android's ........»»

Category: newsSource:  rapplerRelated NewsJul 18th, 2018

What Android users should know about Google’s fight with the EU

The European Union (EU)  slapped Google  with a $5 billion fine Wednesday, alleging that the tech giant has acted in an uncompetitive manner by pre-loading apps and its services, such as Google search and the Chrome browser, onto Android phones. But as the specifics of the complaint are ........»»

Category: newsSource:  rapplerRelated NewsJul 20th, 2018

Trump slams record EU fine against Google

WASHINGTON, DC, USA –  President Donald Trump lashed out Thursday, July 19, after Brussels hit US tech giant Google with a record fine , and warned he would no longer allow Europe to take "advantage" of the United States. "I told you so! The European Union just slapped a Five Billion Dollar fine on one of our great ........»»

Category: newsSource:  rapplerRelated NewsJul 20th, 2018

EU slaps record 3 bn euro fine on truck cartel

Brussels, Belgium -- The EU slapped a record fine of nearly three billion euros on five of Europe's biggest truck-makers, accusing them of colluding to fix prices and dodge the costs of stricter pollution rules......»»

Category: newsSource:  mb.com.phRelated NewsJul 19th, 2016

Iran sentences fugitive ex-bank chief to jail

TEHRAN, Iran –  The former head of Iran's largest state-owned bank, who fled to Canada over a record-breaking $2.6 billion embezzlement scandal, has been given a 20-year prison sentence and $6 million fine in absentia, the judiciary said on Saturday, December 9. Mahmoud Reza Khavari, the former head of Bank Melli, ........»»

Category: newsSource:  rapplerRelated NewsDec 9th, 2017

Rockets add All-Star Paul as they look to take next step

em>By Kristie Rieken, Associated Press /em> HOUSTON (AP) — The Houston Rockets believe adding Chris Paul to a team led by James Harden helps close the gap with Golden State. They’ll find out how they stack up against the NBA champions early when they open the season on the road against the Warriors on Tuesday night (Wednesday, PHL time). “We’re looking forward to trying to get as close as we can or better than Golden State,” coach Mike D’Antoni said. “They seem to be the ones that set the bar and we know it’s a high bar but we have a lot of potential and now it’s up to us to try and do the work and get it done.” When the Rockets orchestrated the blockbuster deal with the Clippers in June to acquire Paul, a nine-time All-Star, the obvious question was how he and Harden would coexist. Harden was Houston’s point guard last season. D’Antoni knows there will be bumps along the way as they adjust to each other, but loves having two players of their caliber running his faced-paced offense. “Normally my offenses have been one kind of Hall of Fame point guard,” he said. “And now we’ve got two that will be on the court the whole time and I’m real excited about that.” He’s not worried about it not working out and said that in his experience if players want something to work out it normally does. “If you give them freedom and you have certain philosophies that you want them to do they’ll figure out what’s comfortable for them,” he said. “And putting them into spots where both of them can succeed and adjusting a little bit to me that’s the process.” Paul isn’t worried either, not after what he’s seen from D’Antoni and Harden since arriving in Houston. “One of the best things about this transition has been the communication aspect of it,” he said. “We talk about just about everything so it doesn’t get to a point where it’s out of control ... I think as long as we do that everything will be fine. Harden finished second in the NBA in scoring last year with 29.1 points a game and also was the runner-up in MVP voting to Russell Westbrook in a season where the Rockets were eliminated by the Spurs in the Western Conference semifinals. He knows his numbers could drop playing with another scorer like Paul but also believes his presence improves the team overall. “He’s one of the best we’ve ever seen at facilitating,” Harden said. “And his attention to detail while he’s playing is something I haven’t seen or something I haven’t played with ... he can make me better.” Paul, who has been criticized for failing to get the Clippers out of the second round of the playoffs in his time there, is very clear about his motivation for joining this team. Chasing a title is all that matters to him at this point in his career. “It means everything,” he said. “If I was fine with anything else I probably would have just stayed where I was.” Some things to know about the Rockets as they prepare for the season: strong>CAPELA’S NEXT STEP: /strong> Center Clint Capela had a career-high 12.6 points and 5.4 rebounds last season in his first year as a starter after Dwight Howard left. But he averaged just under 24 minutes a game as he worked on his strength and conditioning. The Rockets hope the fourth-year player can give them about 30 minutes a night as he continues to develop. “His next step is that,” D’Antoni said. “I think he will. It’s a matter of getting older, stronger, getting into a man’s body.” strong>IMPROVED DEFENSE: /strong>Though Houston lost defensive specialist Patrick Beverley in the trade for Paul, D’Antoni believes the defense will be better this season thanks to the addition of Paul, P.J. Tucker and Luc Mbah a Moute. The Rockets had one of the league’s most potent offenses last season, but their defense wasn’t nearly as good. “We need to be in the top five defensively,” D’Antoni said. “If Golden State’s No. 1 offensively and No. 1 or 2 defensively, duh — we’ve got to be up there or otherwise we’re not going to win.” strong>NEW OWNER: /strong> The Rockets have a new owner after billionaire casino and restaurant owner Tilman Fertitta bought the team from Leslie Alexander this offseason. Fertitta paid a NBA-record $2.2 billion to buy the team after losing out to Alexander when he bought it in 1993. The businessman, who owns the Golden Nugget casino and is the star of a reality show called “Billion Dollar Buyer” on CNBC, promised he wouldn’t be as out front and hands on as Mavericks’ owner Mark Cuban, but he’ll certainly be more visible than the 74-year-old Alexander was. .....»»

Category: sportsSource:  abscbnRelated NewsOct 12th, 2017

EU fines Google a record 2.4 billion euros

EU fines Google a record 2.4 billion euros.....»»

Category: newsSource:  rapplerRelated NewsJun 28th, 2017

EU wants Google to stop anti-competitive Android practices, fine expected

EU antitrust regulators plan to order Alphabet's (GOOGL.O) Google to stop paying financial incentives to smartphone makers to pre-install Google Search exclusively on their devices and warned the company of a large fine, an EU document showed......»»

Category: newsSource:  mb.com.phRelated NewsOct 2nd, 2016

Apple accuses European Commission of 'political crap' over 13 billion Euro fine

Apple accuses European Commission of 'political crap' over 13 billion Euro fine.....»»

Category: newsSource:  rapplerRelated NewsSep 1st, 2016

Apple hit with record 13 billion euro Irish tax bill

Apple hit with record 13 billion euro Irish tax bill.....»»

Category: newsSource:  rapplerRelated NewsAug 30th, 2016

RCBC fined P1 B by BSP over cyber heist

MANILA, Philippines - The Bangko Sentral ng Pilipinas (BSP) has slapped a record P1-billion fine on Rizal Commercial Banking Corp......»»

Category: newsSource:  philstarRelated NewsAug 5th, 2016

EU slaps record $3.2B fine on truck cartel

BRUSSELS, Belgium The European Union (EU) slapped a record fine of nearly 3 billion euros ($3.2 billion) on Europe's biggest truckmakers, accusing them of colluding to fix prices and dodge the costs of stricter pollution rules. Senior managers from D.....»»

Category: newsSource:  rapplerRelated NewsJul 20th, 2016

Germany s struggles continue with loss to France

By Graham Dunbar, Associated Press GENEVA (AP) — Germany is out of contention for another international trophy after France handed Joachim Loew's struggling team its latest loss on Tuesday. The balance of power in European soccer is swinging even further away from the 2014 World Cup champion since its poor title defense in Russia. World Cup winner France rallied for a 2-1 win in the UEFA Nations League against Germany, which fell to a fourth loss in its last six competitive games. The result means Germany, eliminated in the World Cup group stage in Russia, cannot advance to the Final Four tournament in June for the Nations League top-tier group winners. Germany wasted its first-half dominance at Stade de France, having led via a 14th-minute penalty from Toni Kroos. Antoine Griezmann struck twice in the second half — a precisely guided header in the 62nd and a penalty in the 80th — to take France's unbeaten streak to 15 games and extend its lead in Group 1 of League A. Germany also risks an embarrassing relegation to the second-tier League B when it finishes the group program against the Netherlands on Nov. 19. Elsewhere in the Nations League, Ukraine won promotion to League A by beating the Czech Republic 1-0 in Group 1 of the second tier. Ukraine, coached by former star forward Andriy Shevchenko, also improved its chances of qualifying for the 2020 European Championship. Nations League group winners are assured of a place in the playoffs for the Euros, if they don't qualify directly. UEFA created the Nations League to replace most international friendly games, though Belgium's schedule was free Tuesday to host the neighboring Netherlands in a 1-1 draw in Brussels. France was overrun for a period in the first half after Germany converted a penalty that followed midfielder Paul Pogba being dispossessed too easily in his own half. German winger Leroy Sane was sent clear and his low cross hit the arm of defender Presnel Kimpembe. France drew level when left-back Lucas Hernandez crossed for his Atletico Madrid teammate Griezmann to guide a rising header beyond goalkeeper Manuel Neuer's dive. Griezmann later wrong-footed Neuer from the penalty spot after a foul was called on defender Mats Hummels against midfielder Blaise Matuidi. Television replays showed Matuidi appeared to stand on Hummels' ankle sliding into the challenge, but UEFA is not using video review in its competitions this season. UKRAINE UP A third straight win for Ukraine ensured it became the first League B team promoted into the top tier for the next edition of the Nations League. Ruslan Malinovskyi's long-distance shot in the first half was enough to beat the Czechs in Kharkiv. Wales now leads Group 4 in League B after beating Ireland 1-0 in Dublin through Harry Wilson's second-half free kick. Wales hosts Denmark on Nov. 16. In League C, Norway now leads Bulgaria in the four-team Group 4 after beating the Bulgarians 1-0 in Oslo. Slovenia staved off relegation by drawing 1-1 with Cyprus in a game featuring three red cards. GEORGIA PROMOTED Georgia ensured promotion from League De with its fourth straight win, 3-0 at Latvia, ensuring it will win Group 1. The No. 93-ranked Georgians will also have a chance to advance to Euro 2020. One of the fourth-tier League D teams is sure to reach the Euro through the playoff route for Nations League group winners. Gibraltar earned just its second ever competitive victory, beating visiting Liechtenstein 2-1. Gibraltar also closed to within three points of Group 4 leader Macedonia which lost its perfect record in a 4-0 loss at Armenia. The final rounds of Nations League games are played Nov. 15-20. The Euro 2020 qualifying draw, seeded by Nations League standings, will be held Dec. 2 in Dublin......»»

Category: sportsSource:  abscbnRelated News1 hr. 34 min. ago

Yellow gang should hang

“Letting off Noynoy with a P1,000 fine for plundering P200 billion is the worst insult to humanity’s sense of fairness. The Disbursement Acceleration Program (DAP) controversy is expected to get a better shake under Ombudsman Samuel Martires rather than the slap on the wrist ruling his predecessor Conchita Carpio-Morales imposed on former yellow officials. Morales […].....»»

Category: newsSource:  tribuneRelated News3 hr. 7 min. ago

Record P1.18 billion lotto jackpot has 2 winners

Two bettors will split the P1.18-billion jackpot of the Ultra Lotto 6/58 game last night – the largest prize recorded by the Philippine Charity Sweepstakes Office......»»

Category: newsSource:  philstarRelated NewsOct 14th, 2018

US-China surplus hits record $34B

ADDING FUEL TO TRADE WAR China’s overall export growth accelerated BEIJING — China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, […].....»»

Category: newsSource:  tribuneRelated NewsOct 12th, 2018

Michael Kors Holdings to be renamed following Versace acquisition for USD 2 billion

Michael Kors Holdings Limited, a global fashion luxury group, announced on October 11 that a definitive agreement has been signed to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace S.p.A. for a total enterprise value of Euro 1.83 billion or approximately US$2.12 billion......»»

Category: newsSource:  philstarRelated NewsOct 11th, 2018

Banks actively tap rediscount loans, availments reach record P30.6 billion

Rediscount loans extended to local banks to finance the expansion needs of businesses and households hit a record P30.6 billion in the first nine months amid the series of interest rate hikes by the Bangko Sentral ng Pilipinas (BSP) to check rising inflation......»»

Category: financeSource:  philstarRelated NewsOct 11th, 2018

Google drops out of bidding for massive Pentagon cloud contract

WASHINGTON, United States -- Google is dropping out of the bidding for a huge Pentagon cloud computing contract that could be worth up to $10 billion, saying the deal would be inconsistent with its.....»»

Category: newsSource:  philippinetimesRelated NewsOct 10th, 2018

QNET celebrates 20 years of empowering entrepreneurs

Year 1998 was quite an eventful time; Europe agreed on a single currency—the Euro. Microsoft officially became the biggest company in the world and Google was founded. While all this was happening, another eventful milestone occurred in the Philippines—the birth of one of Asia’s leading Direct Selling companies—QNET. Twenty years on, QNET has emerged as… link: QNET celebrates 20 years of empowering entrepreneurs.....»»

Category: newsSource:  manilainformerRelated NewsOct 6th, 2018