SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

03:29 PM EDT, 06/17/2025 (MT Newswires) -- Meta Platforms ( META ) and EssilorLuxottica plan to offer artificial intelligence-powered smart glasses under Oakley and Prada brands targeted for athletes, CNBC reported Tuesday. The Oakley smart glasses may cost around $360, CNBC reported, citing a person familiar with the matter. Meta on Monday debuted an Instagram account for Oakley and Meta,...

03:20 PM EDT, 06/17/2025 (MT Newswires) -- Lennar ( LEN ) reported fiscal Q2 adjusted EPS that came in below expectations, driven by softer-than-expected home sales revenue and operating margin, UBS Securities said. The company late Monday reported fiscal Q2 adjusted earnings of $1.90 per share, below the UBS estimate of $1.97. Home sales revenue of $7.79 billion also came...

Tesla Inc ( TSLA ) shares are trading lower during Tuesday’s session amid a broader market downturn in renewable energy stocks. The sell-off appears to be triggered by proposed changes to U.S. tax incentives. What To Know: The U.S. Senate Finance Committee’s draft tax bill calls for a complete phase-out of solar and wind energy tax credits by 2028, accelerating...