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Stockreport

Italy tells Meta to suspend its policy that bans rival AI chatbots from WhatsApp [TechCrunch]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The Italian Competition Authority (AGCM) on Wednesday said it had found enough cause in its ongoing investigation into whether Meta was abusing its dominant position in the market to offer its Meta AI chatbot within WhatsApp to order the suspension of the policy. “Meta's conduct appears to constitute an abuse, since it may limit production, market access, or technical developments in the AI Chatbot services market, to the detriment of consumers,” the Authority wrote. “Moreover, while the investigation is ongoing, Meta's conduct may cause serious and irreparable harm to competition in the affected market, undermining contestability.” The AGCM in November had broadened the scope of an existing investigation into Meta, after the company changed its business API policy in October to ban general-purpose chatbots from being offered on the chat app via the API. Meta has argued that its API isn't designed to be a platform for the distribution of chatbots, and that people have more aven [Read more]
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Stockreport

Italy tells Meta to suspend its policy that bans rival AI chatbots from WhatsApp [TechCrunch]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The Italian Competition Authority (AGCM) on Wednesday said it had found enough cause in its ongoing investigation into whether Meta was abusing its dominant position in the market to offer its Meta AI chatbot within WhatsApp to order the suspension of the policy. “Meta's conduct appears to constitute an abuse, since it may limit production, market access, or technical developments in the AI Chatbot services market, to the detriment of consumers,” the Authority wrote. “Moreover, while the investigation is ongoing, Meta's conduct may cause serious and irreparable harm to competition in the affected market, undermining contestability.” The AGCM in November had broadened the scope of an existing investigation into Meta, after the company changed its business API policy in October to ban general-purpose chatbots from being offered on the chat app via the API. Meta has argued that its API isn't designed to be a platform for the distribution of chatbots, and that people have more aven [Read more]
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GOOG
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Performance comparison Updated
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LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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%
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PRICE CHANGE PERCENTAGE
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TICKS
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EVENT DAY
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PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS