Google slapped by EU with .45 billion antitrust fine

Google slapped by EU with $3.45 billion antitrust fine

Google was on Friday hit with a 2.95-billion-euro ($3.45 billion) antitrust fine from European Union regulators for anti-competitive practices in its lucrative advertising technology business. The European Commission, which is the executive body of the EU, accused Google of distorting competition in the so-called adtech market by unfairly favoring its own display advertising technology services... Read More

Technology

September 5, 2025

AppLovin and Robinhood added to S&P 500

Shares of advertising technology company AppLovin and stock trading app Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global said the two will join the S&P 500 index. The changes will go into effect before the beginning of trading on Sept. 22, S&P Global announced in a statement. AppLovin will... Read More

Business

Anthropic to pay .5 billion to settle authors’ copyright lawsuit

September 5, 2025

Anthropic to pay $1.5 billion to settle authors’ copyright lawsuit

Jaque Silva | Nurphoto | Getty Images Anthropic has agreed to pay at least $1.5 billion to settle a class action lawsuit with a group of authors, who claimed the artificial intelligence startup had illegally accessed their books. The company will pay roughly $3,000 per book plus interest, and agreed to destroy the datasets containing... Read More

Technology

September 5, 2025

Meta Hires Contractors to Build AI Chatbot Characters in Key Markets

Meta is hiring US-based contractors to work with locals in key growth markets like India, Indonesia, and Mexico to develop characters for its AI-powered chatbots. The company is paying up to $55 an hour for workers fluent in Hindi, Indonesian, Spanish, and Portuguese, according to job descriptions for at least four roles posted this year... Read More

Finance