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Tag: price

Google retreats on controversial 'fake' price comparison scheme

Google retreats on controversial 'fake' price comparison scheme

Technology
Google has diluted a controversial scheme which critics say encourages the creation of "fake" price comparison sites - prompting one ad agency to say Google's "screwed everyone over". Sky News revealed last month that Google was offering substantial incentives - often amounting to hundreds of thousands of pounds a month - to retailers who passed their ads through a Google-certified comparison shopping service, or CSS.The search giant then showed the names of the CSSs in its Google Shopping insert, giving the impression of a thriving comparison shopping marketplace.Now Sky News has learned that Google has slashed, by almost 85%, the incentives it gives all but the biggest retailers, effectively killing the scheme for many smaller agencies. ...
Google asking ad firms to run rival price comparison sites

Google asking ad firms to run rival price comparison sites

Technology
For the past four months, Google has been encouraging advertising agencies to create price comparison sites, which it presents in the Google Shopping box. Google launched its Comparison Shopping Service (CSS) scheme in June 2018 in response to the European Commission's 2017 judgment, which fined the search giant a record-breaking €2.4 billion (£2.14bn), and ordered it to give its comparison shopping competitors "equal treatment".Google approached advertising agencies and invited them to build comparison shopping sites.It also offered substantial incentives to retailers to generate interest in the scheme.The search firm then showed the names of the new sites under the images in its Google Shopping advertising insert, giving the impression of a thriving comparison ...
Juventus' share price plunges after Ronaldo rape claim

Juventus' share price plunges after Ronaldo rape claim

World
Cristiano Ronaldo is "ready to return to action" after being accused of rape, his manager at Juventus has said. But the Italian football club's share price closed almost 10% down as markets reacted to a damaging week for their star player. Juventus boss Massimiliano Allegri said Ronaldo was "doing well" despite the allegation against him."I've known him for three months, but I can say that in his 15 years of his career he has shown great professionalism and seriousness both on and off the field," Allegri said. Image: Ronaldo has 'firmly' denied the allegation against him "In regard to tomorrow, he is ready to return to action." Juventus are away to Udinese in the Italian league.The defence comes after a ...
Price for F-35 drops to lowest level yet with $11.5B contract

Price for F-35 drops to lowest level yet with $11.5B contract

Business
Sept. 28 (UPI) -- With an $ 11.5 billion agreement for the next round of F-35 Lightning II Joint Strike Fighter production, Lockheed Martin says the cost for all three variants of the aircraft have reached their lowest levels in the history of the program. The Department of Defense and Lockheed Martin on Friday announced the contract for Low-Rate Initial Production Lot 11, which covers a total of 141 of the aircraft -- 91 for the U.S. military, 28 for F-35 international partners and 22 for foreign military sales customers -- with deliveries expected to start next year. The individual costs for the three U.S. military variants -- $ 89.2 million per F-35A for the Air Force, $ 115.5 million per F-35B for the Marine Corps and $ 107.7 million per F-35C for the Navy -- have declined by 5.4 perc...
No relief on fuel price hike

No relief on fuel price hike

Finance
NEW DELHI: Petrol and diesel prices continued the upward trend across India as the fuel prices entered new record height on Saturday. While petrol has touched Rs 83.40 (increase by Rs 0.22) per litre, diesel too is being sold at a historic high of Rs 74.63 (increase by Rs 0.21) per litre in New Delhi. Meanwhile, a litre of petrol is up by Rs 0.22 to be retailed at Rs 90.75 in Mumbai, while diesel is being capped at Rs 79.23 (increase by Rs 0.22) per litre. On Friday, the petrol was being retailed at Rs 90.57 per litre, while diesel was being sold at Rs 79.01 per litre in Mumbai. A litre of petrol and diesel was sold at Rs.83.22 and Rs.74.42, respectively in the national capital yesterday. Fuel prices have been witnessing a steep rise since the past few weeks. While the Opposition has blame...