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Meta faces $600M competition damages claim in Spain as media owners pursue privacy breach lawsuit

Meta is facing a major legal challenge and damages claim in Spain that argues the adtech giant’s years of failing to have a valid legal basis for processing people’s data for ads under European Union data protection rules also constitutes a competition breach for which they should be compensated financially. AMI, an association of newspaper owners whose more than 80 members include the publishers of newspapers including El País, ABC and La Vanguardia, is behind the suit. The litigants are seeking more than €550…

Durango’s local outdoor stores brace for coming competition from REI

DURANGO — A little more than a year before the retail sporting goods behemoth comes to town, REI Co-op’s impending arrival has raised concerns, especially among those who wonder what impact its 20,000-square-foot store will have on Durango’s eclectic array of local outdoor recreation businesses. While some business owners aren’t sweating it, John Agnew has a less sanguine view of the effect REI’s presence may have on his snowboard and outdoor gear shop on Main Street once it opens in early 2025. The Seattle-based chain…

EU Flags Amazon’s Takeover of iRobot as Potential Competition Killer

Last year, Amazon and iRobot announced a $1.7 billion acquisition, that would see Amazon swallowing up the popular robot vacuum company. As usual with these deals, they are going through regulatory reviews across the world, particularly in the UK, European Union and the US. British regulators looked at the deal and cleared it in June, while the Federal Trade Commission in the US requested information about deal from the companies in September 2022. The European Union however, has just sent over a statement of objections…

Tata Punch Variants To Get Digital Instrument Cluster, Clear Image Inside

Last Updated: November 24, 2023, 08:45 ISTTata Punch Variants To Get Digital Instrument Cluster. (Photo: Tata Motors)Tata Motors revs up Punch lineup, introducing sleek digital instrument clusters across all variants for an enhanced driving experience.Tata Motors is set to elevate the driving experience of its Punch lineup by outfitting all variants with a sleek digital instrument cluster.Recent spy image have unveiled that even the base models will now feature a modern 4-inch digital screen, providing essential…

4 B2B trends that will catapult you ahead of the competition next year

More frequently than not, B2B buyers are vetting sellers based not only on product specifications, pricing and other traditional factors but on the digital experiences they deliver. Failing to adapt to these rising customer expectations can be costly.  Deloitte Digital conducted a study of more than 500 B2B executives at U.S. companies and discovered that 77% of B2B executives agree that digital transformation is critical to their company’s success. Join experts…

The 2024 35 Innovators Under 35 competition is now open for nominations

We’ve been publishing a list of young innovators every year for more than two decades now. Past winners include Andrew Ng, Feng Zhang, Joy Buolamwini, Sharon Li, and Julia Joung. Many of these distinguished scientists, entrepreneurs, humanitarians, and businesspeople list the honor of being selected prominently on their bios. You might ask who would make a good candidate for the list. In short, we’re looking for people doing interesting work in all areas of technology—biotechnology, artificial intelligence, climate and…

Looking to Collude to Curb Staff Rights Could Potentially Violate Competition Law: Air India Tells Akasa Air on Pilot Resignations

Published By: Saurabh VermaLast Updated: October 31, 2023, 21:23 ISTAir India CEO and Managing Director Campbell Wilson wrote a letter to Akasa Air CEO Vinay Dube against the backdrop of Akasa Air raising concerns about Air India Express hiring pilots from the airline. (File photo) Akasa Air had also initiated legal action against some of its pilots who left the airline and reportedly joined Air India ExpressAmid concerns over alleged poaching of pilots, Air India told Akasa Air that petitioning a competitor to collude

BMW M4 Competition Coupe To Offer More Power And Updated Design

Last Updated: November 16, 2023, 09:55 ISTBMW M4 Competition Coupe To Offer More Power And Updated Design. (Photo: Topspeed)BMW is set to revitalize its 4 Series lineup, including the M4 Coupe, with enhanced performance and design. German automotive giant BMW is crafting a comprehensive rejuvenation for its acclaimed 4 Series lineup, encompassing the high-performance M4 Coupe.Vigorous testing of prototype models for this upgraded performance coupe is currently underway on public thoroughfares and the Nurburgring circuit.…