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,...

DUBLIN, May 28 (Reuters) - OpenAI's restructuring plans open the door to a potential future IPO, but any such decision would depend on the mood in public markets as well as the readiness of the company, Chief Financial Officer Sarah Friar said on Wednesday. OpenAI, in which Microsoft ( MSFT ) has invested more than $13 billion, outlined plans in...

09:44 AM EDT, 05/28/2025 (MT Newswires) -- Instacart (CART) said Wednesday its board approved on May 22 an expansion of its stock buyback program to $1 billion from the previously authorized $750 million. As of March 31, about $218 million remained under the earlier repurchase plan, which was approved in parts in June and November 2024, the company said. The...

09:42 AM EDT, 05/28/2025 (MT Newswires) -- Instacart (CART) has selected Chief Business Officer Chris Rogers to be its new chief executive officer, succeeding Fidji Simo, who will continue with the deliveries company as its board chair and helping to ensure a smooth transition, Instacart said on Wednesday. Rogers has worked at Instacart since 2019. He will begin his new...