The European Union flag is seen with Google’s logo. Jaap Arriens | NurPhoto | Getty Images Europe’s top court on Tuesday upheld a 2.4 billion euro ($2.65 billion) fine imposed on Google for abusing its dominant position by favoring its own shopping comparison service. CNBC has reached out to Google for comment. The fine stems … Read more
A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to … Read more
A trader works on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell in New York City on August 5, 2024. Charly Triballeau | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in artificial intelligence chips, The Information reported. The DOJ has reached out to Nvidia’s competitors such as AMD to … Read more
Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in the Dirksen Building in Washington, D.C., on Oct. 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images WASHINGTON — A group of Democratic senators are sounding the … Read more
LOS ANGELES — Professional sports leagues have 4.8 billion reasons to review how they distribute out-of-market broadcasts after Thursday’s judgement against the NFL in the “Sunday Ticket” case in U.S. District Court. “It’s going to require other leagues to take a close look at their model and make sure that the means by which they’re … Read more
LOS ANGELES — The NFL has been found guilty of breaking antitrust laws in its distribution of out-of-market Sunday afternoon games on the “Sunday Ticket” premium subscription service. Even though the jury of five men and three women in a U.S. District Court awarded nearly $4.8 billion in damages Thursday to residential and commercial subscribers … Read more
LOS ANGELES — A jury in U.S. District Court ordered the NFL to pay nearly $4.8 billion in damages Thursday after ruling that the league violated antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service. The jury awarded $4.7 billion in damages to the residential class and $96 million in damages … Read more
LOS ANGELES — The NFL was exploring a world without “Sunday Ticket” in 2017, where cable channels would air Sunday afternoon out-of-market games not shown on Fox or CBS. The league memo was shown by plaintiffs during their closing arguments on Wednesday as the jury in the class-action lawsuit filed by “Sunday Ticket” subscribers began … Read more
The makers of the influential 2008 documentary “Food, Inc.” never planned to make a sequel. They figured they’d said it all in their harrowing look at a broken, unsustainable food system — a system led, they argued, by a few multinational corporations whose monopoly squeezes out local farmers, mistreats animals, workers and the soil itself, … Read more
