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Google fined $167mn in France amid crackdown on online advertisement

Bloomberg Google was fined 150 million euros ($167 million) in a French antitrust case involving online advertising as regulators throughout Europe criticise the tech giant’s business practices. The French authority found Google abused its dominant position in search when it set “opaque and difficult to understand operating rules” for its Google Ads advertising platform that it applied unfairly and randomly. ...

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Apple secrets ‘thief’ can’t shed bracelet

Bloomberg A US judge decided it’s too risky to let an engineer stop wearing a device that tracks his whereabouts while he awaits trial on charges he stole trade secrets from Apple Inc’s autonomous-driving project before taking a new job in China. But, in a setback for federal prosecutors, the judge said in a separate ruling that electronic monitoring is ...

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Year’s best US IPO is a little-known biotech with 420% surge

Bloomberg Karuna Therapeutics Inc may not be the year’s best-known initial public offering, taking a back seat to names like Beyond Meat Inc and Uber Technologies Inc. But for those on the hunt for generous returns, early bets on the mid-cap drugmaker paid off handsomely. Thanks to some positive study results in November, Karuna is 2019’s best-performing US IPO. Early ...

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