Illegally crushed its competition in online search any landmark ruling back in august. The Case Centres on google accounting for 90 of such inquiries in the united states, which is similar to other countries. One of the crucial ways it does so well is the more than 26 Billion in annual payments it is thought to make two Smartphone Makers to make two Smartphone Makers to beat their default search engine. The advertising around the search meant its latest results, alphabet reported a profit of 23. 6 Billion in the three months until the end of june. The us government says it is harming competitors and fully remedying these harms requires not only ending its control of Distribution Today, but also ensuring google cannot control the distribution of tomorrow. Google said in a Blog Post the melodies were radical and would have. To go through this now i am joined by the managing director. The key question i have is can or should google be broken up . You no back to should google be broken up
The us government says it is considering breaking up google because of its dominance in online search. And charging up for the future, the international Energy Agency says renewables will make up nearly half of the Worlds Energy Use by the end of the decade. Hello, could the company behind the Internet Search giant google be forcibly broken up . That is the very real prospect facing alphabet over at their dominance of online search, in a Court Filing the Us Department Of Justice says that is one of the remedies that it could seek after google was found to have illegally crushed its competition in online search in the Landmark Ruling but in august. This Case Centres on google, the fact that Google Accounts for 90 of the Search Inquiries in the united states, which is similar to other countries. One of the crucial ways it does so well is more than 26 Billion of annual payments it is thought to make two Smartphone Makers to be the Default Search Engine on their phones. The advertising aro
we start in the uk, where we now have a new finance minister after a night of high political drama. the former chancellor rishi sunak handed in his resignation on tuesday evening, citing a failure of leadership from the prime minister in his handling of the latest political scandal. this left the top finance job up in the airfor a few hours before nadim zahawi was appointed as the new chancellor of the exchequer. this comes at a critical time for the economy as the uk grapples with a cost of living crisis and rising inflation. this was acknowledged in rishi sunak s resignation letter. he said: now, this is being read by some as a defence for current high taxes which could mean that the new man in the job may have been brought in to change that. so what can we expect from the new chancellor? i m joined byjustin urquhart stewart founder of the investment platform regionally. justin, platform regionally. good morning to you. so, justin, good morning to you. so, let s talk abou
Its been tough several months for elon musk s firm its been struggling with falling sales because of intense competition from its chinese rivals. Well have some analysis shortly but first, heres our Business Correspondent erin delmore. Its been a rocky road for tesla this year. Interest rates are taking a bite out of Purchasing Power and pushing big purchases out of reach, competition with china especially rival vehicle maker byob is heating up, sales are falling and so is teslas stock. Its fallen more than 40 this year, the company is cutting prices and announced lay off, then on tuesday it reported its First Quarter earnings. Missing expectations on earning and revenue. The company is anticipating lower deliveries this year compared to 2023 but investors have one bright spot to look to come announced it speeding up the launch of a lower priced vehicle from affordable models could be a boon for cash strapped consumers, and a hit worldwide like china and india. Teslas shares soared in