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,...

09:34 AM EDT, 06/02/2025 (MT Newswires) -- Tesla (TSLA) Chief Executive Elon Musk's denial last year of a Reuters report about the cancellation of a planned $25,000 electric vehicle drew concerns from some senior executives, Reuters reported Monday, citing sources with knowledge of the matter. The report said there was confusion after Musk posted on X, Reuters is lying, shortly...

09:30 AM EDT, 06/02/2025 (MT Newswires) -- Apple ( AAPL ) is challenging an order from the EU's antitrust regulator on how it needs to make its iOS operating system more compatible with other companies' software and hardware products under the bloc's Digital Markets Act, The Wall Street Journal reported Monday. Apple ( AAPL ) filed an appeal against the...

09:12 AM EDT, 06/02/2025 (MT Newswires) -- Consumer stocks were flat to lower premarket Monday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.2% and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) inactive. Campbell's (CPB) shares were up nearly 1% pre-bell after the company reported higher fiscal Q3 revenue. Hims & Hers Health...