The government on Monday informed Parliament that Google has suspended or removed over 2,500 fraudulent loan apps from its Play Store between April 2021 and July 2022. The government is constantly engaged with the Reserve Bank of India (RBI) and other regulators and stakeholders concerned to control fraudulent loan apps, Finance Minister Nirmala Sitharaman said in a written reply to the Lok Sabha. The matter is also regularly discussed and monitored in the meetings of the Financial Stability and Development Council (FSDC), an inter-regulatory forum under the chairpersonship of the Finance Minister. The objective is to remain proactive, maintain cyber security preparedness with constant vigilance, and take appropriate and timely action to mitigate any such vulnerabilities in the Indian financial system, she said. As part of steps taken to control fraudulent loan apps, she said, the RBI has shared a 'whitelist' of legal apps with the government of India, and this list was shared by t
In the latest case, the jury also observed that the company hurt competition by tying Google Play store with its payment services
The loss - handed down by a San Francisco jury on Monday - is a blow to the two companies' business model in apps, where they charge commissions of as much as 30 per cent
A US Federal Court has said that Google has turned the Google Play app store and Google Play Billion service into an illegal monopoly. But what is the Epic vs Google case? Here's all you need to know
A federal court jury has decided that Google's Android app store has been protected by anticompetitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire. The unanimous verdict reached Monday came after just three hours of deliberation following a four-week trial revolving around a lucrative payment system within Google's Play store. The store is the main place where hundreds of millions of people around the world download and install apps that work on smartphones powered by Google's Android software. Epic Games, the maker of the popular Fortnite video game, filed a lawsuit against Google three years ago, alleging that the internet search giant has been abusing its power to shield its Play Store from competition in order to protect a gold mine that makes billions of dollars annually. Just as Apple does for its iPhone app store, Google collects a commission ranging from 15 per cent to 30 per cent on digital
Epic largely lost a similar challenge to Apple Inc.'s app store two years ago and both companies have asked the US Supreme Court to review their dispute
Subway Surfer Blast is user's choice game of the year, says technology giant
Google CEO Sundar Pichai was summoned to federal court for the second time in two weeks to testify in an antitrust trial threatening to topple a pillar of an internet empire that he helped build. In his latest court appearance in San Francisco, Pichai spent more than two hours defending the business practices of the Google Play Store, which distributes apps for the company's Android software that powers most of the world's smartphones. At times, the soft-spoken Pichai looked nonplussed and frustrated by the confrontational questioning he faced. Other times he came across as a professor explaining complex subjects to the trial's 10-person jury located just a few feet from a podium Pichai was allowed to use because he had difficulty sitting for prolonged periods. Epic Games, the maker of the popular video game Fortnite, is trying to convince the jury that a Google Play payment processing system that collects a 15 per cent to 30 per cent commission from in-app purchases is illegally ..
Epic is seeking to show that executives at the Alphabet Inc. unit were eager to discourage the proliferation of third-party app stores
Epic is seeking to show that executives at the Alphabet Inc. unit were eager to discourage the proliferation of third-party app stores that would cut into Google Play's operating profit
Epic, which makes the popular Fortnite game, plans to call Pichai on Tuesday to testify in San Francisco federal court for the trial that began Nov. 6, an Epic spokeswoman told Bloomberg News
At opening statements on Monday, Epic's attorney Gary Bornstein told jurors that Google pays off competitors, including those who want to set up their own app stores to directly deal with users
Google on Monday will try to protect a lucrative piece of its internet empire at the same time it's still entangled in the biggest US antitrust trial in a quarter century. The latest threat will unfold in a San Francisco federal court, where a 10-person jury will decide whether Google's digital payment processing system in the Play Store that distributes apps for phones running on its Android software has been illegally driving up prices for consumers and developers. The trial before US District Judge James Donato is scheduled to last until just before Christmas and include testimony from longtime Google executive Sundar Pichai, who is now CEO of the company's parent, Alphabet Inc. Pichai recently took the witness stand in Washington DC during an antitrust trial pitting Google's long-running dominance of internet search against the US Justice Department's attempt to undercut it on the grounds the the company has been abusing its power to stifle competition and innovation. The case
Google will soon make a presentation before the task force and it will then decide the further course of action
The National Company Law Appellate Tribunal (NCLAT) will on November 28 begin hearing Google's plea against CCI imposing Rs 936.44 crore penalty on the tech giant for abusing its dominant position with respect to Play Store policies. This comes after one of its judicial members, Justice Rakesh Kumar, recused himself from hearing the plea on April 17. The matter was listed on Monday before an NCLAT bench comprising Chairman Justice Ashok Bhushan and Alok Srivastava, which directed the parties, including the contesting startups and Competition Commission of India to file their replies within four weeks. It also gave two weeks time to Google for filing rejoinder, if any. The appellate tribunal has directed to list the matter on November 28 for hearing. On April 17 this year, an NCLAT bench comprising Justice Rakesh Kumar and Alok Srivastava had ordered Google's appeal to be listed before another bench of which Justice Kumar was not a party. On October 25, 2022, CCI slapped a penalty
The appellate tribunal has asked the parties in the case to submit their responses within four weeks
Meta owned messaging platform whatsapp is working to meet new European Union regulations. Users even without a whatsapp account will now be able to connect to users on whatsapp
The ruling, which is yet to be finalized, would dramatically reduce potential damages facing Alphabet Inc. over claims that Google Play abuses its control over Android mobile applications
Google Play's billing system is required for developers that sell in-app services and digital goods on the Google Play Store
NFT investors, who have watched prices of their collections fall and interest in the digital-asset market wane, see the changes in Google's policy as a sign that the market is not dead yet