{
}
EPC firm Gensol reported that the financial impact of an interim order from SEBI cannot be determined at this time. The order revealed serious allegations against the company's promoters, Anmol Singh Jaggi and Puneet Singh Jaggi, who are also cofounders of EV ride-hailing startup BluSmart, regarding the misutilization of Gensol’s resources.
Google is facing a £5 billion lawsuit in the UK, accused of abusing its dominance in the online search market. The class action, filed in the UK Competition Appeal Tribunal, claims the tech giant inflated prices by restricting rival search engines, solidifying its market control.
Swiggy has partnered with India's Ministry of Labour and Employment to enhance gig job visibility on the National Career Service portal, aiming to create 1.2 million gig jobs in 2-3 years. This collaboration seeks to balance job creation with worker welfare, addressing concerns over low earnings and lack of benefits in the gig economy. The initiative reflects a shift towards greater government involvement in regulating platform labor markets while promoting flexible employment opportunities.
The US government is pursuing efforts to break up major tech companies Google and Meta, a move that presents significant challenges. The complexities involved in dismantling these giants raise questions about the feasibility and implications of such actions on the tech landscape.
China has instructed airlines to halt deliveries of Boeing jets, signaling a significant shift in its aviation procurement strategy. This decision may impact Boeing's operations and financial outlook as the company navigates ongoing challenges in the global market.
Japan's Fair Trade Commission (JFTC) has issued its first antitrust order against Google, citing the company's requirement for smartphone manufacturers to prioritize its services. This landmark action reflects Japan's enhanced regulatory framework and commitment to addressing digital market issues, supported by a significant budget increase for tech regulation. The order also mandates Google to appoint a third-party monitor to ensure compliance, signaling a shift towards more sophisticated regulatory approaches in the digital landscape.
The US government is pursuing a breakup of Meta, citing concerns over monopolistic practices and the impact on competition in the tech industry. This move reflects ongoing scrutiny of large tech companies and their influence on user data and market dynamics. The implications of such actions could reshape the landscape of social media and digital advertising.
Japan's competition watchdog has issued a cease and desist order to Google for anticompetitive practices, marking a significant action against the tech giant. The Japan Fair Trade Commission (JFTC) found that Google pressured smartphone manufacturers to prioritize its services. As part of the order, Google is required to appoint a third party to monitor compliance and report back to the JFTC.
Meta CEO Mark Zuckerberg testified in an antitrust trial, denying allegations that the company's acquisitions of Instagram and WhatsApp were intended to suppress competition. The FTC argues these acquisitions harm future innovation and seeks to force Meta to divest these assets, which could significantly impact its revenue. The trial's outcome may reshape the competitive landscape, reflecting a shift in antitrust enforcement focusing on innovation rather than just price effects.
Meta is currently undergoing a significant antitrust trial that may result in the separation of its popular platforms, Instagram and WhatsApp. This legal challenge marks a pivotal moment for the company as it faces scrutiny over its market practices. The outcome could reshape the landscape of social media.
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gensol faces scrutiny as sebi reveals jaggi brothers' mismanagement issues
23:00 16.04.2025
google faces five billion pound lawsuit over search market dominance
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Swiggy partners with Indian government to enhance gig economy job opportunities
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us seeks to dismantle google and meta but faces challenges
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China orders airlines to halt deliveries of Boeing jets
15:13 15.04.2025
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11:41 15.04.2025
Japan orders Google to cease anticompetitive practices and appoint monitor
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zuckerberg testifies in antitrust trial over meta acquisitions of instagram and whatsapp
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