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Does Google's monopoly impact search results? Tech titan faces reckoning
TechXplore· 2024-09-02 11:20
Core Viewpoint - Google is facing scrutiny over its search monopoly, with critics arguing that the company has prioritized advertising revenue over the quality of search results, leading to a decline in user satisfaction and relevance of information [1][2][3]. Summary by Sections Monopoly Findings - A recent ruling by Judge Amit P. Mehta highlighted that Google controls at least 90% of the U.S. internet search market and has engaged in practices that maintain its monopoly, including payments to companies like Apple and Samsung to be the default search engine [3][4]. - The judge's ruling indicated that Google's internal studies suggested it would not lose revenue by sacrificing search quality, which is seen as evidence of its illegal monopoly power [2][3]. Changes in Search Quality - Critics, including Ed Zitron, claim that Google's focus has shifted towards maximizing ad revenue at the expense of search quality, resulting in a search results page that is increasingly cluttered with ads [4][5]. - Research indicates that Google's algorithm updates have made certain types of websites, such as product review sites, less visible, while e-commerce sites like Amazon have gained prominence in search results [6][7]. Internal Management and Strategy - Internal emails revealed that Google executives recognized a decline in search query growth and revenue, leading to a restructuring that merged search and advertising departments, which some believe compromised the quality of search results [4][5]. - The company's recent layoffs have raised concerns about the erosion of institutional knowledge within the search division, potentially impacting the effectiveness of its search algorithms [7]. User Experience and Market Competition - Users have reported increased frustration with Google's search results, citing a rise in spam and irrelevant content, which has led to a perception that the search engine is not meeting consumer needs [5][6]. - Experts suggest that increased competition in the search market could lead to improvements in quality, as Google currently lacks significant competitive pressure [6][7].
Would a tech tax be a fair way to make Google and Meta pay for the news they distribute and profit from?
TechXplore· 2024-08-30 15:04
Core Points - The News Media Bargaining Code in Australia, established in 2021, was the first legislation globally to compel Google and Meta to compensate news publishers for the news they distribute and profit from [1][2] - Approximately A$250 million is paid annually to news publishers under this code, which is considered a small fraction of what would be a fair price [1] - The code has influenced other countries to consider similar legislation, leading Google to negotiate deals with local publishers to avoid regulation [2] Group 1: Impact of the Code - The code has resulted in Google paying tens of millions of dollars to publishers worldwide, although the exact amounts remain undisclosed due to non-disclosure agreements [2] - Google relies on quality news to enhance its search attractiveness to users and advertisers, highlighting the importance of news content for its business model [2] Group 2: Resistance from Tech Giants - Google has actively campaigned against similar legislation in various countries, while Meta has threatened to withdraw news content from platforms in response to such regulations [3] - Both companies have successfully lobbied against proposed regulations in multiple markets, demonstrating their influence [3] Group 3: Future Considerations - The Australian government is contemplating a tech levy on companies as a potential next step, following the winding down of the current bargaining code [3] - The OECD has struggled to establish a global agreement on corporate taxes, leading many countries to implement or propose digital service taxes independently [4] Group 4: Taxation vs. Bargaining Codes - Digital service taxes have been implemented in several countries to fund local content, but none have been directly allocated to support journalism [5] - A tech tax could potentially address the power imbalances that exist between large social media firms and news publishers, unlike the current bargaining code [5] Group 5: Challenges Ahead - There are significant considerations regarding public support for allocating tax revenue to journalism and the potential for government misuse of these funds [6] - Tech companies are expected to resist any new taxes, as evidenced by ongoing legal battles over digital advertising taxes in the US [6] Group 6: The Need for Fair Compensation - The bargaining code aimed to ensure that platforms pay fairly for the intellectual property they utilize, which is crucial for sustaining quality journalism [7] - There is a call for democratic governments to publicly fund quality news media, alongside implementing digital taxes, to address the loss of advertising revenue to tech platforms [8]
Nvidia is Wall Street's 2nd-most valuable company. How it keeps beating expectations, by the numbers
TechXplore· 2024-08-29 05:46
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A sign for a Nvidia office building is shown in Santa Clara, Calif., Wednesday, Aug. 7, 2024. Credit: AP Photo/Jeff Chiu Nvidia has once again turned out quarterly results that easily exceeded Wall Street's forecast s. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence app ...
GM delays Indiana electric vehicle battery factory but finalizes joint venture deal with Samsung
TechXplore· 2024-08-28 19:26
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: People walk by Samsung SDI Co.' booth during the InterBattery 2021, the country's leading battery exhibition, at COEX in Seoul, South Korea, on June 9, 2021. Credit: AP Photo/Ahn Young-joon, File Production at an electric vehicle battery cell plant jointly run by General Motors and Samsung SDI has been delayed as EV sales have s ...
Data dump: Meta killed CrowdTangle. What does it mean for researchers, reporters?
TechXplore· 2024-08-28 17:50
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain In Brian C. Keegan's telling, the loss of tools like CrowdTangle and Pushshift—which allow researchers to study user behavior and how information is shared on social media—is like particle physicists one day waking up to find out they can no longer access the Large Hadron Collider. "I have gra ...
All eyes are on Nvidia as it prepares to report its earnings. Here's what to expect
TechXplore· 2024-08-28 05:46
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A sign for a Nvidia office building is shown in Santa Clara, Calif., Wednesday, Aug. 7, 2024. Credit: AP Photo/Jeff Chiu Nvidia has led the artificial intelligence boom to become one of the stock market's biggest companies, as tech giants continue to spend heavily on the company's chips and data centers needed to train and opera ...
Meta CEO Zuckerberg says US pressure on Covid-19 posts was 'wrong'
TechXplore· 2024-08-27 05:56
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Zuckerberg addressed a number of controversies centered on content moderation on his platforms. Meta CEO Mark Zuckerberg believes US government pressure on his social media platforms to take down certain COVID-19 content in 2021 was "wrong," and said he would resist similar attempts in the future, according to a letter submitted ...
IBM says will end research and development work in China
TechXplore· 2024-08-26 14:44
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: US computer giant IBM will close its research and development arm in China. US computer giant IBM confirmed Monday it would close its research and development arm in China. Multiple employees told AFP they had been informed during a brief meeting with US executives on Monday that the company would gut its research and developm ...
Delivery drivers at third-party company in California are Amazon employees, NLRB finds
TechXplore· 2024-08-25 07:40
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Erik Mclean from Pexels Workers at a company that delivered packages for Amazon are considered employees of the e-commerce giant, the National Labor Relations Board said, rejecting Amazon's claim that it is not responsible for the subcontractor's staff. The finding, issued by a regional director of the NLRB in Los Ange ...
Disney wrongful death legal case exposes potential pitfalls of automatically clicking 'I agree'
TechXplore· 2024-08-23 15:11
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Disney has U-turned on a bid to dismiss a wrongful death lawsuit in the US by relying on the terms of service for a simple streaming trial. The suit was filed by a man whose wife allegedly died after experiencing an allergic reaction at Disney World in Florida. In the case, Disney lawyers had ...