logo
India summons Google and Meta in betting app case, ANI reports

India summons Google and Meta in betting app case, ANI reports

Reuters5 days ago
July 19 (Reuters) - India's Enforcement Directorate agency, which probes economic crimes, has summoned representatives from Google (GOOGL.O), opens new tab and Meta (META.O), opens new tab to appear on Monday in connection with a case involving betting apps, ANI news agency reported on Saturday, citing official sources.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Air India crash victim's family furious after someone else's remains were also sent home in casket
Air India crash victim's family furious after someone else's remains were also sent home in casket

The Sun

time28 minutes ago

  • The Sun

Air India crash victim's family furious after someone else's remains were also sent home in casket

THE family of a mum killed in the Air India crash has blasted Indian authorities after someone else's remains were also sent home in her casket. NHS microbiologist Shobhana Patel, 71, died with her husband Ashok, 74, in the crash in June. 2 The couple, from Orpington, Kent, were repatriated in different coffins but DNA tests in Britain found other body parts along with Shobhana's. Her son Miten, 40, said: 'I have no idea if the other remains were from more than one person.' One family was sent the wrong body entirely. India's Ministry of External Affairs said: 'All remains were handled with professionalism.' Lawyer James Healy-Pratt, representing around 20 families, said: 'They have been left in limbo. 'They have no-one to bury because the wrong body was in the casket.' It is thought that only Indian authorities carried out DNA tests on victims with no input from any international agency. Mr Healy-Prat added: 'I am hearing that it was Indian authorities alone who identified remains and then placed them in caskets. 'The families want assurances that their loved ones have not been left behind somewhere in India because they don't have confidence in the system. 'They have had the terrible shock of losing a loved one and then they go through more trauma when they learn it is not only their loved one in the casket, or it may not be their loved one at all.'

Google parent Alphabet beats quarterly revenue estimates, boosts capital spending
Google parent Alphabet beats quarterly revenue estimates, boosts capital spending

Reuters

time28 minutes ago

  • Reuters

Google parent Alphabet beats quarterly revenue estimates, boosts capital spending

July 23 (Reuters) - Alphabet (GOOGL.O), opens new tab beat Wall Street estimates for its second quarter on Wednesday, and cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about $85 billion. The search giant beat estimates for quarterly revenue and profit on the back of new AI features and a steady digital advertising market. Google Cloud's revenue growth surged nearly 32%, well above estimates for a 26.5% increase. "With this strong and growing demand for our Cloud products and services, we are increasing our investment in capital expenditures." CEO Sundar Pichai said in an earnings release. Shares of the company, which have risen more than 18% since its previous earnings report in April, were down 1% in extended trading. Google had earlier pledged about $75 billion in capital spending this year, part of the more than $320 billion that Big Tech is expected to pour into building AI capabilities. The companies have defended their aggressive AI spending amid rising competition from Chinese rivals and investor frustration with slower-than-expected payoffs, saying those massive investments are necessary to fuel growth and improve their products. Alphabet reported total revenue of $96.43 billion for the second quarter ended June 30, compared with analysts' average estimate of about $94 billion, according to data compiled by LSEG. Google's advertising revenue, which represents about three-quarters of the tech major's overall sales, rose 10.4% to $71.34 billion in the second quarter, beating expectations for $69.47 billion, according to data from LSEG.

Google parent Alphabet beats quarterly revenue estimates, boosts capex plan
Google parent Alphabet beats quarterly revenue estimates, boosts capex plan

Reuters

timean hour ago

  • Reuters

Google parent Alphabet beats quarterly revenue estimates, boosts capex plan

July 23 (Reuters) - Alphabet (GOOGL.O), opens new tab beat Wall Street estimates for quarterly revenue on Wednesday on the back of new AI features and a steady digital advertising market, and said it would boost its capital spending plans for the year to about $85 billion. Shares of the company, which have risen more than 18% since its previous earnings report in April, were down 1% in extended trading. Google had earlier pledged about $75 billion in capital spending this year, part of the more than $320 billion that Big Tech is expected to pour into building out AI capabilities. The companies have defended their aggressive AI spending amid rising competition from Chinese rivals and investor frustration with slower-than-expected payoffs, saying those massive investments are necessary to fuel growth and improve their products. Alphabet reported total revenue of $96.43 billion for the second quarter ended June, compared with analysts' average estimate of about $94 billion, according to data compiled by LSEG.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store