Recent Posts

Google, Facebook advertising models under fire in house privacy proposal

Bloomberg Alphabet Inc’s Google and Facebook Inc would face limits on the online tracking and data sharing that power their advertising businesses under a bipartisan House proposal to establish the nation’s first federal privacy law. The draft legislation from the House Energy & Commerce Committee, which oversees online privacy issues, could diminish companies’ ability to monitor users across the web ...

Read More »

Tesla a step closer to European foothold

Bloomberg Elon Musk has moved a step closer to building his first car factory on the home turf of Volkswagen AG, Daimler AG and BMW AG as his company hammered out a contract to buy land in Germany. Officials in the state of Brandenburg said they agreed the text of a contract with Tesla Inc to sell a 300-hectare (741-acre) ...

Read More »

Uber asked to suspend service in Colombia

Bloomberg A judge ordered Uber Technologies Inc’s operation in Colombia to suspend its ride-hailing business after a technology platform presented a lawsuit claiming the company was providing the service through unfair competition. A judge at the Superintendency of Industry and Commerce, which regulates the market, ruled that Uber’s app violated competition norms, the regulator said. Cotech SA, a taxi-service platform, ...

Read More »
Send this to a friend