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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

Reducing trade gap with vehicle export

The Department of Trade and Industry (DTI) aims to make the Philippines a vehicle production hub and exporter in the ASEAN region through an export program also seen addressing the widening trade imbalance. The trade imbalance in the Philippines hit $4.21-billion, a record high in October, or 62.9 percent larger than the $2.59 billion deficit […].....»»

Category: newsSource:  tribuneRelated NewsDec 13th, 2018

Google expands Android features to iOS

iPhone users of Google Maps have had to go without the For You recommendations and the live-functioning Google Lens that rolled out earlier this year to Android users, but now iOS users can access both. In June, Google launched the For You recommendations section in Maps for Android, and in October, the Pixel 3 lineup came with Lens already integrated into the default camera app; this week, the company announced that both features are coming to iOS. As for the For You tab in Google Maps, it's now available in over 40 countries on iOS and in over 130 new countries on Android. Now more users will have somewhere to turn to for ideas when they've exhausted all their family plans on...Keep on reading: Google expands Android features to iOS.....»»

Category: newsSource:  inquirerRelated NewsDec 12th, 2018

Trade gap widens to record $4.2B in October | Inquirer Business

The trade deficit widened to a record $4.2 billion in October as the jump in imports, especially of food products, outpaced exports. The post Trade gap widens to record $4.2B in October appeared first.....»»

Category: newsSource:  philippinetimesRelated NewsDec 11th, 2018

Disney again makes history with takings above $7B for 2018

Walt Disney Studios is again ending the year on a high note, posting more than $7 billion in global box office earnings, thanks to hits such as "Black Panther" and "Avengers: Infinity War". "This is only the second time in history any studio has surpassed the $7 billion mark, after Disney's own industry-record 2016 global gross of $7.6 billion," the company said in a statement on Monday. "The Studios' estimated international box office gross through December 9 is an estimated $4.069 billion, marking our second biggest year and the third biggest in industry history," it added. Disney's success comes as the studio is set to release "Mary Poppins Returns" on Dec. 19, ...Keep on reading: Disney again makes history with takings above $7B for 2018.....»»

Category: newsSource:  inquirerRelated NewsDec 11th, 2018

Trade gap balloons to record $4.21 billion in October

The Philippines’ trade gap ballooned to a record high in October, after a double-digit rise in imports outpaced improved exports growth during the month, the country’s statistics agency reported Tuesday......»»

Category: financeSource:  philstarRelated NewsDec 11th, 2018

Fox sparks 2nd-half rally, Kings beat Bulls 108-89

By John Jackson, Associated Press CHICAGO (AP) — De'Aaron Fox scored 23 of his 25 points in the second half, and the Sacramento Kings rallied to beat the Chicago Bulls 108-89 on Monday night (Tuesday, PHL time). Fox went 8-for-11 from the field after missing each of his first five shots in the first half. Bogdan Bogdanovic and Marvin Bagley III added 16 points apiece as Sacramento closed out a 3-1 road trip. Chicago led by as many as 14 in its ninth loss in 10 games. The Bulls were coming off a franchise-record 133-77 loss to the Boston Celtics on Saturday (Sunday, PHL time). Zach LaVine led Chicago with 19 points, and Lauri Markkanen had 13. After falling behind 17-0 on Saturday (Sunday, PHL time), the Bulls got off to a better start in this one. They led 33-26 at the end of the first quarter and 56-45 at halftime. Chicago had a 66-57 lead in the third before Sacramento closed the quarter with a 24-8 run. The speedy Fox sparked the offense with 15 points during the key stretch, but the Kings also picked up the pressure on defense. The Bulls shot 22-for-41 (53.7 percent) from the field in the first half, but were just 6-for-16 (37.5 percent) in the third. Sacramento kept up the intensity in the fourth and Chicago never made a serious push. TIP-INS Kings: Buddy Hield and Iman Shumpert each scored 14 points. Willie Cauley-Stein had 11 points and 16 rebounds. ... Sacramento improved to 14-12. It's the latest point in a season it has been above .500 since the 2005-06 season. The Kings finished 44-38 that year in their most recent playoff appearance. Bulls: G Kris Dunn (sprained left knee) and F Bobby Portis (sprained right knee) returned to the lineup after sitting out nearly seven weeks. Dunn finished with nine points in 20 minutes, and Portis had nine points in 19 minutes. ... G Justin Holiday went 1-for-6 on three-pointers. He has made at least one triple in 39 consecutive games dating to last season. He's the only NBA player with at least one three-pointer in every game this season. TIPPING POINT Less than a week into his tenure, Bulls coach Jim Boylen faced a crisis over the weekend. Following the loss to the Celtics, Boylen planned to practice on Sunday (Monday, PHL time) even though the Bulls had played back-to-back games. Some players reportedly discussed not showing up. Instead of a practice session, a lengthy team meeting was held. Before Monday's (Tuesday, PHL time) game, Boylen said everything was fine and he would continue to push hard. "I expected something like yesterday to happen," he said. "I've been waiting on it, I was prepared for it, I took it head on." UP NEXT Kings: Host the Minnesota Timberwolves on Wednesday night (Thursday, PHL time). Bulls: Play the Orlando Magic in Mexico City on Thursday night (Friday, PHL time) to begin a three-game trip......»»

Category: sportsSource:  abscbnRelated NewsDec 11th, 2018

Peso rediscount loans surge to P57 billion

Rediscount loans extended to local banks to finance the expansion needs of businesses and households hit a record P56.82 billion from January to November amid the series of interest rate hikes by the Bangko Sentral ng Pilipinas to check rising inflation......»»

Category: financeSource:  philstarRelated NewsDec 10th, 2018

Sancho dedicates Dortmund derby-winning goal to grandmother

By Ciaran Fahey, Associated Press BERLIN (AP) — Jadon Sancho pointed to the sky after scoring Borussia Dortmund's winning goal for a 2-1 victory over the club's biggest rival, Schalke, on Saturday. Then came the tears. Sancho dedicated the goal to his recently deceased grandmother after becoming Dortmund's youngest goal-scorer in the Ruhr derby, Germany's biggest, at age 18. "The goal means everything to my family. Sadly my grandmother passed away so that goal was for her," the England winger said. "I'm glad that I got the goal and helped the team get three points." Sancho's classy finish kept Dortmund nine points clear of Bundesliga defending champion Bayern Munich, which kept pace and moved second with a 3-0 win over promoted Nuremberg in their Bavarian derby in Munich. But Sancho's thoughts were elsewhere. "It was a difficult week for him," Dortmund coach Lucien Favre said. "Jadon only came back yesterday evening from London. But he really wanted to train and play." Sancho sealed the unbeaten visitors' 11th win from 14 games with a fine finish in the 74th minute, restoring Dortmund's lead after Daniel Caligiuri equalized from the penalty spot. Thomas Delaney had given Dortmund an early lead. Dortmund's players celebrated with gusto in front of the traveling support. It was the club's first derby win in three years. Delaney became the team's 16th scorer in the league this season - a Bundesliga record at this stage - when he guided Marco Reus' free kick past Ralf Faehrmann in the Schalke goal. Dortmund goalkeeper Roman Buerki then thwarted Guido Bergstaller in the home side's best chance. The Schalke forward had to go off injured shortly afterward. Caligiuri's penalty came after the hour mark. The spot kick was awarded through VAR - after play had continued - for a foul by Reus on Amine Harit. The Dortmund captain complained vehemently against the decision. Tempers frayed afterward, leading to a melee. Achraf Hakimi was booked for shoving, minutes before Reus followed his teammate in the referee's notebook for a tactical foul. Sancho, already a firm favorite among Dortmund fans for his outstanding season, endeared himself further with the winner. Sancho eluded two defenders and played a one-two with Raphael Guerreiro to evade another before he curled the ball inside the far post. CRISIS OVER Robert Lewandowski scored twice in the first half for Bayern, which appears to have put talk of a crisis behind it after three consecutive wins across all competitions. But Nuremberg was always going to be a welcome guest in Munich, where it hadn't won in 14 games. The promoted side has only two wins since its return to the top flight and was thrashed 7-0 in Dortmund and 6-0 in Leipzig. Franck Ribery sealed Bayern's win with his first goal of the season in the second half, which had been delayed after home fans threw hundreds of rolls of toilet paper toward the field. Also, Freiburg defeated Leipzig 3-0 at home, Bayer Leverkusen earned a 1-0 win at home over Augsburg, and Wolfsburg and Hoffenheim drew 2-2. Marko Grujic's first-half header was enough for Hertha Berlin to defeat Eintracht Frankfurt 1-0 in the late game to climb to sixth, level on 23 points with the visitors, who slumped to their second straight defeat......»»

Category: sportsSource:  abscbnRelated NewsDec 9th, 2018