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Australian court orders Google to pay USD43M for misleading users

CNA – Australia’s competition watchdog said yesterday Alphabet Inc’s Google unit was ordered by the country’s Federal Court to pay AUD60 million (USD42.7 million) in penalties for misleading users on the collection of their personal location data. The court found Google misled some customers about personal location data collected through their Android mobile devices between […] ....

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Honda sees declining profits on semiconductor crunch | Borneo Bulletin Online

TOKYO (AP) – Honda’s fiscal first quarter profit fell 33 per cent from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker. Tokyo-based Honda Motor Co reported yesterday that its profit totalled JPY149.2 billion (USD1.1 billion) in the April-June quarter, […] ....

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Toshiba boosts profit on devices, auto sector demand | Borneo Bulletin Online

TOKYO (AP) – Toshiba reported a 44 per cent improvement in profit in the last quarter as the Japanese technology giant worked to revamp its brand image and reassure investors about its management. Tokyo-based Toshiba Corp. said yesterday that it recorded a JPY25.9 billion (USD192 million) profit in the April-June period, up from JPY18 billion […] ....

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TUI narrows losses as tourism demand surges | Borneo Bulletin Online

FRANKFURT (AFP) – TUI, the world’s largest tourism operator, said yesterday booking levels were closing on pre-coronavirus pandemic levels as it reduced its losses for the quarter. Between April and June, the travel group made a net loss of EUR356.7 million (USD364.4 million), after losing EUR934.8 million in the same period last year. Around 5.1 […] ....

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Deliveroo says losses grow, to exit Netherlands | Borneo Bulletin Online

LONDON (AFP) – Deliveroo, the international delivery food app, announced yesterday a big increase in losses as investment costs ate into rising revenues, adding it planned to exit its struggling Netherlands market. Loss after tax jumped 41 per cent to GBP153.8 million (USD186 million) compared with the first six months of last year, the British […] ....

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