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,...

12:29 PM EDT, 06/11/2025 (MT Newswires) -- Virtus Investment Partners ( VRTS ) said Wednesday its preliminary assets under management rose to $167.60 billion as of May 31, up from $163.73 billion a month earlier. Other fee-earning assets totaled $2.1 billion, bringing total client assets to $169.7 billion. Assets in open-end funds, which include US retail, global, and exchange-traded funds,...

12:28 PM EDT, 06/11/2025 (MT Newswires) -- Xunlei ( XNET ) said Wednesday its investee company, Arashi Vision, has completed its initial public offering on the Shanghai Stock Exchange STAR Market. Xunlei ( XNET ) said it holds about 7.8% stake in Arashi. Price: 5.33, Change: -1.10, Percent Change: -17.06 ...

12:31 PM EDT, 06/11/2025 (MT Newswires) -- Walt Disney ( DIS ) and Comcast's ( CMCSA ) Universal filed a copyright lawsuit against Midjourney, accusing the AI image generator of unauthorized use of characters such as Homer Simpson and Shrek in a virtual vending machine. The suit, filed Wednesday in the US District Court for the Central District of California,...