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...But strains are emerging as governments and carmakers try to convert the market to EVs and to phase out internal combustion engines by the 2030s....
...That involved one small feature of Google’s search engine. The DMA, by contrast, has taken on the entirety of some of the most prominent digital services in use today....
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...Instead, inflation came in strong in services categories that have looked persistently hot for a while: shelter, medical care and auto services....
...It also produces diesel and gas engines for ships and power generation....
...If these services prove as popular as hoped, a range of second-tier companies could also grow rapidly....
...Google reportedly pays Apple between $18bn to $20bn annually to be the iPhone’s default search engine....
...The company also plans to review contracts with 620 services providers, which could mean an even larger number of cuts....
...There’s an allegation of tying the buy box [ie, better placement on a product order page] to Amazon fulfilment services....
...“We’re going to continue to improve that engine and that will improve our growth for years ahead, not just in 2024,” he said....
...The company’s defence business builds engines for submarines and fighter jets, while its power systems business makes diesel and gas engines for ships and for power generation....
...local car services....
...The biggest hit to the iPhone maker could come from a US antitrust trial against Google, where it emerged that the fellow tech giant had paid more than $26bn in 2021 to make its search engine the default...
...If Substack’s recommendation engine was gradually pushing readers of earnest centre-right and centre-left newsletters towards neo-Nazi content or Maoist apologia, that would be one thing....
...“The second stage turned out to be a very good year for the diesel business, which means that the seller got a very good price....
...ESG in executive pay: Beyond the ‘fluff’ In 2018, Marathon Petroleum agreed to pay a $335,000 fine for a diesel spill that leaked into a river on the border between Indiana and Illinois....
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
...A company that had legal access to all the technology behind Facebook’s social network or Google’s search engine still couldn’t compete with them. They’d need the users, too....
...But the deals have helped Google’s search engine to dominate the market with a near 90 per cent estimated share. For Apple the so-called Information Services Agreement is genius....
...“Unlike search engines, we do not proactively pull news from the internet to place in our users’ feeds and we have long been clear that the only way we can reasonably comply with the Online News Act is by...
...Even China’s BYD, which has overtaken Tesla in EV sales, had a legacy making engine cars....
...“US equity markets, the engine behind the surge in global stock returns, enter 2024 with stretched valuations,” he said....
...They also hoped conventional petrol and diesel engines might hold up for years to come. The EU dashed those hopes with their decision to ban new vehicles with petrol and diesel engines by 2035....
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