The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff.
“We do not agree with some legal nuances and consider the amount of the fine inappropriate compared to the efforts we have made to reach an agreement (with news companies. – Ed.) and compliance with the new law,” – said in a statement the top manager.
Earlier this year, the French Antimonopoly Office reportedly fined Google Internet company 500 million euros for copyright infringement by French media and news outlets. It is a dispute over the aggregation of media headlines and fragments of their publications in the Google News service.
This is the largest fine ever imposed by the French antitrust authority.
In April 2020, the French antitrust regulator ordered Google to negotiate a fee for the use of copyrighted content. The so-called “related rights” rules are designed to ensure that news publishers are compensated when their content is displayed on websites, search engines and social networking platforms.
These are news, photos and videos of the media, which are shown on Google or YouTube. Media companies have claimed that by making money from content through advertising, Google does not pay them to use it.
In addition to the fine, the French regulator ordered Google to offer publishers and news agencies payment for the use of their content within two months of the event, and to inform the regulator itself. If this is not done, the Internet company will face a fine of up to 900 thousand euros per day. Google expressed “great disappointment” in connection with this punishment.
The Fund for Economic Stability (WSF), created by the German government, saved the largest German airline from bankruptcy after the collapse of air traffic in March 2020 with billions of infusions, but now there is a way out of the crisis, the concern said. Lufthansa intends to return to the state by the end of […]
The German concern Lufthansa plans to remove the state from its co-owners by increasing its capital by 2.14 billion euros and returning the state anti-crisis aid received during the COVID-19 pandemic. These measures will begin before the elections to the Bundestag on September 26, the airline said on Sunday evening, September 19. From September 22 […]
In 2021, Russia’s Gazprom supplied 20.3 billion cubic meters of gas to Turkey, which is the maximum figure in less than nine months. This was reported by the company’s press service following a meeting of its chairman Alexei Miller with Turkish Minister of Energy and Natural Resources Fatih Donmez on Monday, September 20. At the […]
According to the updated data of the State Statistics Service, Ukraine’s GDP growth in the second quarter of 2021 was 5.7% in annual terms, which is 0.3% higher than the previous estimate. In particular, for six months the nominal GDP was UAH 1 trillion 169.4 billion, and per capita – UAH 28.19 thousand. Compared to […]
Exports of goods accounts for a third of Ukraine’s GDP.But we sell primarily raw materials abroad. It is a marker of underdeveloped countries and a path that does not contribute to economic development. Our state’s strategic task is to increase the exports of high-tech goods with high added value: that is, not just to grow […]
Next year, Ukraine may face a number of macroeconomic risks that will greatly affect economic growth. The Ministry of Finance listed these risks. In particular, Ukraine may lose 0.6-0.8 percentage points of GDP growth due to too low grain yields, due to which the budget will not receive UAH 8.5 billion. At the same time, […]
The low-cost airline Ryanair plans to expand in Ukraine if the open skies agreement with the EU is approved in the coming months. CEO Michael O’Leary stated this. O’Leary predicts the signing of an agreement between Ukraine and the EU by the end of 2021. “One of the markets I would single out is Ukraine. […]
Ukraine plans to privatize 737 state-owned enterprises during 2021-2023. The Ministry of Economy published the list of objects for sale. Although some companies will be able to sell only after the amendments to the legislation. In particular, such large enterprises as Centerenergo, the United Mining and Chemical Company, Turboatom, the Zaporizhia Titanium and Magnesium Plant, […]
Marriott is buying Starwood to make the largest hotel company in the world. Together, the companies will operate or franchise 5,500 hotels with a total of 1.1 million rooms. The company will span 100 countries. Marriott International (MAR) and Starwood Hotels & Resorts Worldwide (HOT) announced the $12.2 billion deal on Monday. Starwood brands include W Hotels, St. Regis, Westin and […]
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China reduced its US Treasury bond portfolio by $ 6.22 billion to $ 1.062 trillion amid strained relations with Washington in September. This was reported on Friday by the South China Morning Post, citing data from the US Treasury. This was the lowest amount of these investments since February 2017. According to the publication, China […]
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This week Chipotle (Chipotle Mexican Grill) closed another restaurant, this time in Boston, after a large number of students were poisoned by food. Questions of consumers about quality of products in Chipotle grow. Similar cases have been seen in other states, when people feel bad after a visit to Chipotle. Food scandal confused the investors […]
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LVMH CEO Bernard Arnault topped the list of the world’s richest people with a fortune of $ 186.3 billion, surpassing Amazon founder Jeff Bezos by $ 300 million. This was reported by Forbes. The top three also included Tesla and Space X chairman Elon Musk ($ 147.3 billion). According to the publication, Arno’s wealth increased […]
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Ferrari and Lamborghini announced the termination of official deliveries of its supercars on the territory of Ukraine in 2016 due to the unstable situation in the local market. This was announced by Victor Postelnikov the “Vipos” CEO who sell these models. “Because of the situation in the country, our market is not ready today to […]
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American video game company, Roblox Corporation, is working with the investment banks on the preparation for listing on the US stock exchange, which may happen early next year. According to the Reuters, such step should help Roblox to take advantage becoming popular during the pandemic. The company expects to be able to double its recent […]
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Ukraine continues to work on prevention the Russian Nord Stream-2 gas pipeline from operating. The methods by which Kyiv hopes to prevent the launch of the gas pipeline were revealed by the head of Naftogaz Yuriy Vitrenko in an interview with Radio Svoboda. “The battle is lost, but the war is not lost. And our” […]
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The most popular cryptocurrency bitcoin has risen again to 60 thousand dollars. Its value increases on the news of a possible reduction in supply. Reuters writes about it. Note that bitcoin first took this bar on March 13, reaching a record high of $ 61,781.83 on the Bitstamp exchange. This came immediately after US President […]
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Shares of Alphabet, which rose 18.2% over the past 6 months, rose 9% after closing trading on Thursday when the global advertising giant announced significant improvements in the reporting quarter. Google’s parent financial report far exceeded analysts’ expectations and showed a resumption of advertising revenue growth after reporting a drop in revenue for the first […]
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Ukrzaliznytsia has signed a memorandum on cooperation and localization in Ukraine of passenger rolling stock production by the Swiss company Stadler CIS AG. The press service of the Ministry of Infrastructure reports. According to the document, the parties will work together to develop passenger rail transport in Ukraine and attract funding. In addition, if Stadler […]
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Some owners of PrivatBank payment cards can have difficulties while paying goods and services via the terminal or PayPass. It is reported by Ukrainian news portal AIN.UA referring to the information furnished by the Bank. According to official explanations by consultants of nationalized financial institution customers whose card starts from a combination of numbers 5457, […]
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The payment company Square (owned by Twitter co-founder Jack Dorsey) has acquired the financial firm Afterpay, which provides online installments. The deal, the largest in the history of Australian companies, amounted to 29 billion dollars, according to the website Square. “Square, Inc. and Afterpay Limited have announced that they have entered into an agreement under […]
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Former Minister of Environment of Ukraine Mykola Zlochevskyi involved in the imposition of a fine, which is the Antimonopoly Committee of Ukraine filed on its affiliates due to the acquisition of control over the company Kub-Gas without permission to do it by ACU. The amount of punishment is 3.12 million UAH. The above information has […]
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Respectively to technical documents published on the website of the US Patent and Trademark Office, Apple engineers suggest using electromechanical materials for protecting electronic devices. The “smart” case will read electric and magnetic fields and change the properties at operation of certain triggers. The case itself will consist of the main body, processor, magnetic circuit […]
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Company representatives, who engaged in the design, construction and equipment for solar power plants, note a significant decline in demand for their services. This is due to instability of the industry and growing debts for “green” electricity. “We are talking about 1260 MW of RES generation that has been launched in the first three quarters […]
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American JP Morgan Chase & Co. could pay the fine of nearly $ 1 billion in the connection with the US government’s investigation into the bank’s operations, reported Bloomberg. “JP Morgan Chase & Co. is preparing to pay nearly $ 1 billion due to the US government’s investigation of the market manipulations related to its […]
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