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Google to pay publishers for upcoming news service

Bloomberg Alphabet Inc.’s Google will begin paying select media outlets featured in a yet-to-be released news service later this year, a major business shift for the search engine after years of pressure from media companies and regulators. The licensing deals will start in three countries and Google is in talks with publishers in six more, the company said. The service ...

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Zuckerberg loses $7b as firms boycott Facebook advts

Bloomberg Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising from Facebook Inc.’s network. Shares of the social media company fell 8.3% last week, the most in three months, after Unilever, one of the world’s largest advertisers, joined other brands in boycotting ads on the social network. Unilever said it would stop spending money with ...

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Tesla sued for airbag malfunction

Bloomberg Tesla Inc. was sued over a Maryland highway crash last year in which a Model 3’s airbags failed to deploy, leaving a college professor with brain damage. Elon Musk, the company’s co-founder, has touted the Model 3 as the “safest car ever built” with the lowest risk of injury of any vehicle tested by government regulators. The lawyers who ...

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