According to The Hollywood Reporter, Burger King is petitioning the Russian government’s Federal Anti-Monopoly Service to ban It from showing in theaters because they argue that the Stephen King reboot could potentially hurt its business.
Apparently, Burger King is afraid that audiences will watch an evil clown terrorize a bunch of children for two hours and get inspired to give their business to another similarly red-haired clown. It’s basically the opposite argument that all those hardworking clowns made when they feared that IT would wreck their birthday party business, but whatever.
Three months after it was fined €2.4 billion by the European Commission for abusing its position on its online shopping service, Google is changing its website to comply with the Commission’s demands and avoid a new penalty.
On Thursday morning (28 September), the US company’s shopping service will treat its own ads the same way as ads from external services.
A class action filed Thursday against Google claims the tech company systemically pays women less than men in similar jobs and also enables unequal promotions and opportunities for male and female workers.
The sex discrimination case filed in San Francisco Superior Court, Ellis v. Google, accuses the Mountain View, California, company of paying women at all levels less than men in comparable positions, assigning women lower-tier jobs with lower pay and compensation than men and promoting women less frequently. The lawsuit also claims Google failed to correct these issues even after being made aware of them.
Swiss Life referred on Thursday it has been contacted by the U.S. Department of Justice regarding its cross-border business with American clients.
The firm said its business with US clients via its Swiss Life Liechtenstein and Swiss Life Singapore units amounts to approximately 250 million Swiss francs ($260 million).
The Swiss federak price watchdog has initiated proceedings against Booking.com, hotel booking platform, after finding signs of “price abuse” concerning commissions that hoteliers have to pay in Switzerland.
During an investigation, watchdog Stefan Meierhans examined commissions paid by hoteliers to the site and found indications of abusive prices, news agency ATS reported on Tuesday.
The U.S. Justice Department on Monday charged Deutsche Bank’s former head of subprime mortgage trading with civil fraud in connection with conduct dating back to the 2007-2009 financial crisis.
According to an announcement from the Department of Justice, Paul Mangione, the former Deutsche Bank head of subprime trading, allegedly “engaged in a fraudulent scheme to misrepresent the characteristics of loans backing two residential mortgage-backed securities that Deutsche Bank sold to investors that resulted in hundreds of millions of dollars in losses.”
Internet giant Google is appealing against a record 2.4 billion euro fine the European Commission handed down in June, 2017.
The world’s most popular Internet search engine, a unit of the U.S. firm Alphabet, launched its appeal two months after it was fined by the European Commission for abusing its dominance in Europe by giving prominent placement in searches to its comparison shopping service and demoting rival offerings.
The finance ministers of France, Germany, Italy and Spain have written a joint letter to the European Union’s presidency and Commission calling for taxes on tech giants’ revenues, not just their profits. The four nations want the Commission to produce an "equalization tax" that would make companies pay the equivalent of the corporate tax in the countries where they earn revenue.
France is leading a push to clamp down on the taxation of such companies, but has found support from other countries also frustrated at the low tax they receive under current international rules.
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