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Global Markets in Focus: GBP/USD Dips, Tech Giants Face EU Scrutiny, PBOC Holds Steady
Stock Market News· 2025-10-10 11:08
Key TakeawaysGBP/USD extended its losses, dropping 0.2% to 1.3274 amidst a strengthening U.S. dollar and ongoing concerns over the UK economic outlook.The EU Commission has initiated a formal scrutiny of major tech platforms, including Snapchat (SNAP), YouTube (GOOGL), Apple App Store (AAPL), and Google Play (GOOGL), under the Digital Services Act (DSA) concerning safeguards for minors.The People's Bank of China (PBOC) notably did not conduct government bond trading in September, signaling a specific stance ...
European Commission reviews child safety on Snapchat, YouTube, app stores
Reuters· 2025-10-10 10:50
The European Commission is scrutinising safeguards for minors on Snapchat, YouTube, the Apple App Store and Google Play under its Digital Services Act, it said on Friday. ...
EU questions Apple, Google, Snapchat, YouTube over risks to children
TechXplore· 2025-10-10 08:50
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: CC0 Public Domain The EU on Friday demanded tech giants Apple, Google, Snapchat and YouTube explain what steps they are taking to protect children online. The European Commission has sent requests for information under the Digital Services Act to Apple, Google, Snapchat and YouTube, EU tech chief Henna Virkkunen told r ...
谷歌- 搜索与云业务即将调整…… 以及 GPT 威胁与分部估值情况
2025-10-09 02:00
October 2, 2025 12:17 AM GMT Alphabet Inc. | North America Search and Cloud Revisions Ahead...and What About GPT Threats and Sum of Parts | What's Changed | | | | --- | --- | --- | | Alphabet Inc. (GOOGL.O) | From | To | | Price Target | $210.00 | $270.00 | Search: Near-Term Checks Positive and Innovation Pipeline Humming: We raise '26/'27 search revenue by ~1%/2%, now modeling ~10%/8% y/y growth. Ad industry convos remain constructive and we note multiple sources of GenAI and agentic innovation that could ...
Supreme Court Denies Google's Stay Request in Epic Games Case
PYMNTS.com· 2025-10-07 00:29
Core Viewpoint - The Supreme Court has denied Google's request to pause a lower court's ruling requiring changes to its Play app store, which is a significant development in the ongoing antitrust case filed by Epic Games against Google [2][3]. Group 1: Legal Developments - The Supreme Court's denial of Google's request occurred on October 6, 2023, without any comments [2]. - A jury ruled in favor of Epic Games in 2023, leading to a judge's order in October 2024 that mandates Google to allow users to download rival app stores and make its app catalog available to competitors [3]. Group 2: Company Responses - A Google spokesperson expressed concerns that the changes ordered by the U.S. District Court could jeopardize user safety in downloading apps, while also stating that the company would continue its appeal [4]. - Epic Games CEO Tim Sweeney highlighted that the Supreme Court's decision allows developers to direct U.S. Google Play users to out-of-app payments without additional fees or complications, aligning with similar rights for Apple App Store users [4]. Group 3: Market Implications - Sweeney noted that various vendors are preparing to establish deals with developers in the U.S. and potentially the EU, despite challenges from big tech companies [5]. - Epic Games has launched Web Shops, enabling developers to sell in-game content directly to players, which is expected to gain traction in the U.S. following the court's injunction allowing steering [5][6].
X @Bloomberg
Bloomberg· 2025-10-06 21:27
Google lost a US Supreme Court bid to pause major changes to its Google Play app store in an antitrust case filed by Fortnite-maker Epic Games https://t.co/1zB0yTxr7n ...
8 Ways To Stay Safe While Using Mobile Banking Apps
Yahoo Finance· 2025-10-06 16:22
Your bank’s mobile app is helpful and convenient, but unfortunately, it can also offer hackers access points to your most private and sensitive information — on your device, during data transfer and at your bank’s server. Even if your mobile phone is secure, if you are on public Wi-Fi or your money app has weak security, your financial information could fall victim to fraud when online banking. Up Next: 3 Signs You’ve ‘Made It’ Financially, According to Financial Influencer Genesis Hinckley Check Out: 7 Ta ...
Prediction: PayPal's New Google Partnership Could Drive the Stock Higher
The Motley Fool· 2025-09-30 01:24
The deal put it at the forefront of AI-powered commerce.PayPal (PYPL 3.51%) has been trying to turn around its business for years, but its new partnership with Alphabet (GOOGL -1.03%) (GOOG -1.17%) has the potential to be a game-changer. With this partnership, it will change now be at the forefront of artificial intelligence (AI)-powered commerce.As part of the deal, PayPal will become the primary payments processor across Google Cloud, Google Ads, and Google Play. Its branded checkout and payment services ...
EU queries Apple, Google, Microsoft over financial scams
TechXplore· 2025-09-23 15:51
Core Points - The European Union is demanding Big Tech companies, including Apple, Google, Microsoft, and Booking, to explain their actions against online financial scams under the Digital Services Act (DSA) [3][4][5] - The DSA aims to ensure that Big Tech firms take more responsibility in combating illegal content online, with potential investigations and fines for non-compliance [4][5][8] - The EU has already initiated multiple investigations into platforms like Meta's Facebook and Instagram, as well as TikTok and X, under the DSA [8][10] Company Responses - Apple, Google, Microsoft, and Booking have been requested to provide information on how they prevent their services from being exploited by scammers [4][6] - Google reported blocking hundreds of millions of scam-related search results daily, while Booking noted a significant reduction in phishing-related fake reservations from 1.5 million to 250,000 between 2023 and 2024 [6][7] - Microsoft expressed its commitment to creating safe online experiences and plans to engage with the European Commission [6] Regulatory Context - The DSA is part of a broader regulatory framework, including the Digital Markets Act, aimed at ensuring fair competition and protecting users online [8] - The EU has faced criticism from US officials, including former President Trump, who labeled the regulations as censorship, while the EU maintains that illegal activities online should be treated similarly to those in the real world [9] - Ongoing investigations into various platforms, including Musk's X, are expected to conclude in the near future, with potential fines anticipated [10]
Where Is Paypal Stock Headed?
Forbes· 2025-09-22 10:15
Core Insights - PayPal Holdings is a leading player in digital payments with over 434 million active accounts and a market capitalization of approximately $66 billion as of mid-September 2025 [2] - The company's stock price is around $68 per share, with a price-to-earnings ratio close to 15 and earnings per share at $4, indicating relative affordability compared to the tech sector [2] Financial Performance - The last two years have shown inconsistent financial performance, with solid profits and free cash flow allowing for share buybacks, but concerns over branded checkout volume weakness [3] - Increased competition from rivals like Apple Pay, Stripe, Adyen, and Block is raising market share concerns, alongside heightened regulatory scrutiny and pressures on transaction fees [3] Growth Initiatives - PayPal is pursuing growth through "PayPal World," a cross-border payments platform aimed at connecting various domestic payment systems and digital wallets, with partnerships established in key markets [3] - A multi-year partnership with Google aims to integrate AI-driven payment solutions into Google's ecosystem, enhancing PayPal's reach and competitive positioning [4] - Investment in AI tools for fraud detection and risk management is being prioritized, alongside improvements in crypto-enabled payment capabilities that could reduce cross-border transaction costs by up to 90% [5] Market Sentiment - Analysts have a mixed outlook, with consensus price targets around $83, suggesting a potential upside of 20-25%, while some forecasts reach as high as $120 [6] - Skeptics warn of potential declines into the low $60s if branded volume growth falters or if competitive and regulatory pressures increase [6] Key Metrics to Monitor - Important metrics for long-term investors include the adoption of PayPal World, traction in emerging markets, growth in crypto transactions, and the effectiveness of AI initiatives in reducing costs and enhancing margins [6]