Business

Australian regulator delays decision on Google-Fitbit merger

Australia's competition regulator on Tuesday delayed for three months its decision on Google's plan to buy fitness gadget maker Fitbit for $2.1 billion despite the European Union giving conditional approval to the deal.

Business

EU clears Google's $2.1B takeover of Fitbit, with conditions

The European Union on Thursday approved Google's plan to buy fitness gadget maker Fitbit for $2.1 billion after it promised to restrict user data and ensure Android phones work with other wearable devices for at least 10 ...

Business

EU launches 'in-depth' probe of Google bid for Fitbit

The European Commission launched an "in-depth investigation" on Tuesday into whether US tech giant Google's planned $2.1 billion purchase of smartwatch maker Fitbit would give it an unfair market advantage.

Internet

Facebook says it spoke to FTC about kids chat app that had flaw

Facebook Inc. said it had spoken to the U.S. Federal Trade Commission, which recently settled with the social media giant for $5 billion over allegations of privacy violations, about its Messenger Kids app that the company ...

Business

Alibaba quarterly revenue rises 2%: earnings report

China's Alibaba Group said Thursday its revenue rose two percent year-on-year in the quarter ending December 2022, as the internet giant shook off the impact of strict COVID containment measures and a slump in consumer demand.

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