by AIP Online Bureau | Dec 13, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
Epic Games will now have a chance to submit a court filing on how it wants Google’s Play Store to be fixed — potentially putting at risk what Wells Fargo estimates is $10 billion in annual revenue from app sales and in-app purchases for the tech giant Google’s...
by AIP Online Bureau | Dec 12, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
The loss — handed down by a San Francisco jury on Monday — is a blow to the two companies’(Google and Epic Games Inc) business model in apps, where they charge commissions of as much as 30 per cent to software developers who typically have few other options. Google’s...
by AIP Online Bureau | Dec 9, 2023 | Facts, Technology
Titled “Project Ellmann,” the idea is to use large language models (LLMs) like latest Gemini model to utilise search results, find patterns in a user’s photos, create a chatbot and “answer previously impossible questions,” reports CNBC San Francisco: Google is mulling...
by AIP Online Bureau | Oct 6, 2023 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Technology
The Korea Communications commission has decided to impose a fine of 47.5 billion won on Google and 20.5 billion won on Apple based on the judgment that they violated the country’s revised Telecommunications Business Act by abusing their monopoly power to force...
by AIP Online Bureau | Oct 5, 2023 | International News, Risk Management, Technology
Google’s advertising business has been criticized by advertisers and website publishers for a lack of transparency, with both accusing Google of siphoning off too much revenue. The testimony on advertising is a change from previous testimony that has focused on...
