Bloomberg Tech

Alphabet CEO Pichai Set to Testify in Google Play Trial

Alphabet Inc. Chief Executive Officer Sundar Pichai is set to be called by Epic Games Inc. to testify in an antitrust trial over Google Play policies that could threaten billions of dollars in revenue generated by the app marketplace.

Iron Ore Billionaire’s Lithium Raid Leaves Investors Guessing

Gina Rinehart, Australia’s richest woman, has muscled in on one of the largest battery-metals deals to date, building a near-17% stake in Liontown Resources Ltd. and threatening its A$6.6 billion ($4.2 billion) takeover by US giant Albemarle Corp.

Google Changed Ad Auctions, Raising Prices 15%, Witness Says

Alphabet Inc.’s Google changed its advertising auction formula in 2017, raising prices by 15% and likely making the company billions of dollars in additional revenue, according to an economist testifying for the US Justice Department in the antitrust case against the search giant.