SHARE
News Corporation struck a global news deal with Alphabet s Google, the Rupert Murdoch-controlled media company said on Wednesday, in one of the most extensive deals of its kind with big tech.
The companies will develop a subscription platform, share advertising revenue through Google s ad technology services, build out audio journalism and develop video journalism by YouTube.
The deal comes after years of public feuding between Murdoch and Google, most recently in Australia, where Google has threatened to shut down its search engine to avoid unworkable content laws.
It is a capstone for the 89-year-old media mogul, his son Lachlan and News Corp chief executive Robert Thomson to seek compensation for premium content from platforms. Mr Murdoch previously secured payments from Apple and Facebook for their Apple News and Facebook News products.
SHARE
Jaguar Land Rover said its luxury brand Jaguar will go all-electric by 2025 as it aims to become a net-zero carbon business by 2039.
The car maker s second brand, Land Rover, which makes sports utility vehicles under the Range Rover, Discovery and Defender name plates, will release six electric models in the next five years. The first model will hit the market in 2024.
Under its new Reimagine plan, JLR, which is owned by an Indian conglomerate Tata Group, said it was aiming for the electrification of both brands on “separate architectures with two clear, unique personalities”.
The announcement comes after the UK government decided in November to stop selling fossil-fuel cars from 2030.
It was not immediately clear if the Saturday statement was referring to the same unit.
Tesla and the office of Karnataka state chief minister did not immediately respond to requests for comments.
Mr Musk has tweeted several times about the company s impending foray into India, Asia s third largest economy. In December, Tesla chief executive confirmed in an exchange on Twitter that the car maker will launch operations in India in 2021.
India has been keen to reduce its oil dependence and cut down on pollution, but its efforts to promote electric vehicles have been stymied by a lack of investment in manufacturing and infrastructure such as charging stations.
SAMR said the latest guidelines would stop monopolistic behaviours in the platform economy and protect fair competition in the market .
The notice also said it will stop companies from price fixing, restricting technologies and using data and algorithms to manipulate the market.
In a Q&A accompanying the notice, SAMR said reports of internet-related anti-monopoly behaviour had been increasing, and that it was facing challenges in regulating the industry. The behaviour is more concealed, the use of data, algorithms, platform rules and so on make it more difficult to discover and determine what are monopoly agreements, it said.
China has in recent months started to tighten scrutiny of its tech giants, reversing a once laissez-faire approach.