Google receives hefty fine from Russia exceeding global GDP.

Google receives hefty fine from Russia exceeding global GDP.

A Russian court has fined Google two undecillion roubles – a two followed by 36 zeroes – for restricting Russian state media channels on YouTube. In dollar terms that means the tech giant has been told to pay $20,000,000,000,000,000,000,000,000,000,000,000. Despite being one of the world’s wealthiest companies, that is considerably more than the $2 trillion … Read more

Investing.com: Alphabet’s Surge Outshines Weaker GDP Data, US Stocks Trim Losses

Investing.com: Alphabet’s Surge Outshines Weaker GDP Data, US Stocks Trim Losses

Investing.com– U.S. stocks experienced a slight decline on Wednesday, largely due to a disappointing growth update. However, the losses were mitigated by a surge in Alphabet, the parent company of Google, following strong quarterly earnings. At 09:35 ET (13:35 GMT), the Dow Jones Industrial Average fell 32 points, or 0.1%, the S&P 500 index dropped … Read more

China’s GDP meets expectations in Q3, stays under 5% annual goal according to Investing.com

China’s GDP meets expectations in Q3, stays under 5% annual goal according to Investing.com

Investing.com– The Chinese economy expanded as forecasted in the third quarter, according to gross domestic product data released on Friday, although the growth rate remained below Beijing’s annual target. Chinese GDP grew by 4.6% year-on-year in the three months ending on September 30, in line with expectations but decelerating from the 4.7% growth seen in … Read more