Google job search service draws antitrust complaint

first_img 2 Earlier this month, the company said it’ll prompt European users of its Android operating system to choose their own search engine from 2020, after the European Commission’s determination last year that Google could be hampering consumer choice by demanding that its own apps and services must be the preinstalled, default options on Android phones. This saw Google getting slapped with a record 4.34 billion euro ($5 billion) antitrust fine, which it’s appealing.In the US, the Department of Justice last month said it’s opening an antitrust probe into tech giants, including Google parent company Alphabet, to examine their market power.First published at 4:11 a.m. PT.Updated at 6:45 a.m. PT: Adds EC confirmation about the letter. 1:49 Share your voice Google wants to make your job search easier Internet Services Google noted in its own emailed statement that it’s “worked with jobs providers” to improve its search function.”Any provider — from individual employers to job listing platforms — can use this feature in search, and many of them have seen a significant increase in the number of job applications they receive. Since launch, we’ve made a number of changes to address feedback in Europe,” a Google spokesperson wrote.”These changes include testing a new choice carousel at the top of the unit, which links directly to job sites, and linking directly to job offers when they only exist on a single site. Job seekers can decide which result or experience is most relevant for them.” Google’s 2-year-old job search service drew an antitrust complaint in the EU. Budrul Chukrut/SOPA Images/LightRocket via Getty Images Google faces another antitrust allegation in the European Union — this time focused on its job search service. A group of 23 job search websites sent a letter to EU competition commissioner Margrethe Vestager saying the search giant abused its dominant position at their expense, according to Reuters.The company launched the service in 2017, and later amped it up by adding information on salary and the ability to search for jobs by location.The rival companies alleged that Google’s putting a large widget for its service at the top of people’s job searches is unfair because it doesn’t have to spend any money marketing the service, while traditional job search companies do. They asked Vestager to temporarily order Google to stop doing this while she looks into its practices, Reuters reported.”We confirm we have received the letter and we will assess it,” a European Commission spokesperson wrote an emailed statement.center_img Comments Now playing: Watch this: The wildest things Google owns (pictures) Tags 33 Photos Antitrust Googlelast_img read more

Top five investment options for salaried individuals

first_imgTop five investment options for salaried individualsIANSThe law of compounding works wonderfully for salaried people who invest regularly across savings instruments. Safety, return, liquidity and tax benefits are the major points a salaried investor is always on the lookout for. There are only few investment instruments that can offer these three together.Here are top five instruments the salaried can invest for decent returns.1. KTDFC Kerala Transport Development Finance Corporation Ltd (KTDFC) is a government of Kerala owned non-banking Company, which is registered under RBI. For 1 year the interest rate on a KTDFC deposit is 8.25 percent for one year, while it offers 8.50 percent for senior citizen deposits. As of now no banks excluding co-operative banks in the country offer these interest rates along with safety.2. PPF Public Provident Fund offers customers an interest rate of 7.8 percent currently. The interest earned under this instrument is tax-free and the amount invested qualifies for tax rebate under sec 80C of the Income Tax Act. In PPF the amount invested has a tenure of 15 years. Partial withdrawals can be made after 7 years.3. Company FD There is some AAA-rated Company fixed deposits which beat bank FD interest rates. For example, Bajaj Finance offers an interest rate up to 7.85 percent per annum. Mahindra Finance FDs offer an interest rate of 7.75 percent to 7.80 percent depending on the tenure of investment. Senior citizens are entitled to an extra 0.25 percent.4. Systematic Investment Plan SIP (Systematic Investment Plan) is based on the idea of averaging your investment cost over time. Under SIP the investor invests a constant amount every month and keep doing it for a long time. ICICI Prudential Value Discovery Fund, SBI Blue Chip Fund, and Aditya Birla Sun Life Frontline Equity Fund are popular SIPs.5. Bank FDs Tax-saving FDs are offered by many leading banks including SBI, HDFC, Axis, ICICI Bank, they may not offer the best rates on these fixed deposits. Most of the tax-saving FDs have a compulsory lock-in period of 5 years and maturity period from 5-10 years. Government banks are at best offering 7.5 percent interest on normal deposits.last_img read more

PM condemns attack on Zafar Iqbal

first_imgPrime minister Sheikh HasinaPrime minister Sheikh Hasina on Saturday strongly condemned the attack on renowned writer and Shahjalal University of Science and Technology (SUST) professor Muhammad Zafar Iqbal, reports BSS”Simultaneously, the prime minister directed the authorities concerned to track down the culprits involved in the attack and bring them to book,” BSS quoted PM’s Press Secretary Ihsanul Karim as saying.He added that the prime minister is enquiring regularly about Zafar Iqbal, who is undergoing treatment at Sylhet MAG Osmani Medical College Hospital.Zafar Iqbal was stabbed by an unidentified youth on the SUST campus in Sylhet this afternoon.Read more: Zafar Iqbal knifed on SUST campus, ‘attacker’ heldlast_img read more

8 killed in road crashes in 3 districts

first_imgRoad accident illustration by Prothom AloAt least eight people were killed and 20 others injured in road accidents in Cox’s Bazar, Chandpur and Magura districts on Friday, reports UNB.In Cox’s Bazar, three people were killed and 10 others injured when a truck plunged into a ditch near Cox’s Bazar-Teknaf Marine Drive at Noakhalipara Kochchopia of Teknaf around 1:30pm.The identities of the deceased could not be known immediately, said Pradeep Kumar Das, officer-in-charge of Teknaf Police Station.Two other people, including a woman, were killed and eight others injured as a bus and a microbus collided head-on on Cox’s Bazar-Chattogram road in Khutakhali Medhakachchapia area around 1:00pm.Sub-inspector of Malumghat Highway Police Jasim Uddin said they seized the buses and the bodies were sent to Sadar Hospital for autopsy.The deceased are Raushon Ara, 42, wife of certain Khalilur Rahman of Uttar Phulchhari village of the upazila, and Sonak Paul, 27, son of Dipak Paul of Dulahazra area of the upazila.In Magura, a father and minor boy were killed and mother injured in a head-on collision at Ichakha at night.The deceased were Krishna Kumar Bashar, 32, and his son Samya Kumar Bashar, 5, of Laxmikandi village in Sadar upazila.The accident took place on Dhaka-Magura Highway when a speeding microbus collided with their motorcycle around 8:30pm, leaving them critically injured, said Sirajul Islam, officer-in-charge of Magura Sadar Police Station.On information, police took them to Magura Sadar Hospital where doctors declared the father and son dead, the OC said.In another accident, a motorcyclist was killed on the spot when his bike crashed into a human-hauler at Kanchanpur village of Sadar upazila.The deceased was identified as Sohagh Mollah, 25, son of Wahab Mollah of Chhaniarpara village in Shalikha upazila, police said.last_img read more