Google to Face 7bn Consumer Lawsuit in UK; ITV Stock Surges as Investors Consider Takeover Bids; Temu Owner Misses Sales Estimates
Briefly

from Exchangewire2 months ago
The UK Competition Appeal Tribunal has allowed a £7bn consumer lawsuit against Google to proceed, alleging anticompetitive practices in mobile search, impacting prices.
Exchangewirehttps://www.exchangewire.com/blog/2024/11/26/google-to-face-7bn-consumer-lawsuit-in-uk-itv-stock-surges-as-investors-consider-takeover-bids-temu-owner-misses-sales-estimates/
ITV's stock soared 9% amid speculation of takeover bids from investors like CVC Capital Partners and France's GroupeTF1, recovering most of its recent losses.
Exchangewirehttps://www.exchangewire.com/blog/2024/11/26/google-to-face-7bn-consumer-lawsuit-in-uk-itv-stock-surges-as-investors-consider-takeover-bids-temu-owner-misses-sales-estimates/
PDD Holdings, owner of Temu, has reported missing revenue estimates for the second consecutive quarter, illustrating a slowdown in consumer spending in China.
Exchangewirehttps://www.exchangewire.com/blog/2024/11/26/google-to-face-7bn-consumer-lawsuit-in-uk-itv-stock-surges-as-investors-consider-takeover-bids-temu-owner-misses-sales-estimates/
Read at Exchangewire
#google #lawsuit #itv #stock-market #temu
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