Tag: Google

Google becomes latest US tech giant to invest in India’s Jio

Image copyright Getty Images Google has become the latest US technology giant to invest in Indian conglomerate Reliance Industries’ digital business. The Alphabet-owned search engine has agreed to pay $4.5bn (£3.6bn) for a 7.7% stake in Jio Platforms. Reliance’s billionaire owner Mukesh Ambani says the two companies will develop phones for 4G and 5G networks. Google joins a list of… Read more →

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Google and Facebook too powerful, says watchdog

Image copyright Getty Images The UK needs tougher rules to curb the dominance of Google and Facebook, including powers to break them up, the Competition and Markets Authority has said. It is concerned that the firms’ dominance in digital advertising raises barriers for new competitors. This may be pushing up prices for consumers, the CMA said. The tech giants said… Read more →