NoneGoogle and the US government faced off in a federal court on Monday, as each side delivered closing arguments in a case revolving around the technology giant's alleged unfair domination of online advertising. The trial in a Virginia federal court is Google's second US antitrust case now under way as the US government tries to rein in the power of big tech. In a separate trial, a Washington judge ruled that Google's search business is an illegal monopoly, and the US Justice Department is asking that Google sell its Chrome browser business to resolve the case. The latest case, also brought by the Justice Department, focuses on ad technology for the open web -- the complex system determining which online ads people see when they surf the internet. The vast majority of websites use a trio of Google ad software products that together, leave no way for publishers to escape Google's advertising technology, the plaintiffs allege. Publishers -- including News Corp and Gannett publishing -- complain that they are locked into Google's advertising technology in order to run ads on their websites. "Google is once, twice, three times a monopolist," DOJ lawyer Aaron Teitelbaum told the court in closing arguments. Presiding judge Leonie Brinkema has said that she would deliver her opinion swiftly, as early as next month. Whatever Brinkema's judgment, the outcome will almost certainly be appealed, prolonging a process that could go all the way to the US Supreme Court. The government alleges that Google controls the auction-style system that advertisers use to purchase advertising space online. The US lawyers argue that this approach allows Google to charge higher prices to advertisers while sending less revenue to publishers such as news websites, many of which are struggling to stay in business. The US argues that Google used its financial power to acquire potential rivals and corner the ad tech market, leaving advertisers and publishers with no choice but to use its technology. The government wants Google to divest parts of its ad tech business. Google dismissed the allegations as an attempt by the government to pick "winners and losers" in a diverse market. The company argues that the display ads at issue are just a small share of today's ad tech business. Google says the plaintiffs' definition of the market ignores ads that are also placed in search results, apps and social media platforms and where, taken as a whole, Google does not dominate. "The law simply does not support what the plaintiffs are arguing in this case," said Google's lawyer Karen Dunn. She warned that if Google were to lose the case, the winners would be rival tech giants such as Microsoft, Meta or Amazon, whose market share in online advertising is ascendant as Google's share is falling. The DOJ countered that it simply "does not matter" that Google is competing in the broader market for online ads. "That is a different question" than the market for ads on websites that is the target of the case, said Teitelbaum. Google also points to US legal precedent, saying arguments similar to the government's have been refuted in previous antitrust cases. Dunn also warned that forcing Google to work with rivals in its ad products would amount to government central planning that the court should reject. If the judge finds Google to be at fault, a new phase of the trial would decide how the company should comply with that conclusion. And all that could be moot if the incoming Trump administration decides to drop the case. The president-elect has been a critic of Google's, but he warned earlier this month that breaking it up could be "a very dangerous thing."
Cardinals' feel-good month comes to a screeching halt after a head-scratching loss to SeahawksJimmy Carter, the longest-lived US President, has died, The Carter Center announced on Sunday. The 100-year-old 'was surrounded by family' and 'passed away peacefully', the statement further read. Flags across the country will be flown at half-staff for 30 days - the longest mourning period permitted by the federal government. Paying tribute to Carter, President Joe Biden called for a state funeral in Washington. “America and the world, in my view, lost a remarkable leader. He was a statesman, a humanitarian. And Jill and I lost a dear friend. I’ve been hanging out with Jimmy Carter for over 50 years,” the president said in a statement. Read More: Biden Takes A Dig At Trump While Delivering Remarks On Jimmy Carter's Death | Watch The sitting president can issue an executive order, closing federal offices and buildings for a national day of mourning. If Biden declares a day of mourning, all offices and federal services will be shut. . Both the New York Stock Exchange and Nasdaq markets will not trade. The last National Day of Mourning was held on December 5, 2018 to honour former President George H.W. Bush. Read More: Jimmy Carter Funeral: Will Donald Trump, Joe Biden Speak At Washington Service? Will schools and colleges announce a holiday tomorrow?Schools and colleges will announce a holiday depending on the decisions made at local and state levels. No announcements have been made yet. Generally, former presidents are buried five days after they pass away. It is currently unclear if or how the New Year's holiday will impact this timeline. "To honor a great American, I will be ordering an official state funeral to be held in Washington D.C. for James Earl Carter, Jr., 39th President of the United States, 76th Governor of Georgia, Lieutenant of the United States Navy, graduate of the United States Naval Academy, and favorite son of Plains, Georgia, who gave his full life in service to God and country," Biden said in a statement. Get Latest News Live on Times Now along with Breaking News and Top Headlines from US News, World and around the world.The Arizona Cardinals were rested, relatively healthy and had been playing some of their best football in years. That’s why Sunday’s was so surprising. “Frustrating day offensively, especially the way we’ve been playing to come out here and lay an egg and get physically dominated in a sense,” quarterback Kyler Murray said. The Cardinals (6-5) had their four-game winning streak snapped. Murray completed 24 of 37 passes for 285 yards, but made a brutal mistake, throwing an interception that was returned 69 yards by Seattle’s Coby Bryant. The running game never got going, gaining just 49 yards. James Conner, the team’s leading rusher, had just 8 yards on seven attempts. “There were a lot of things where it felt like the flow of things just wasn’t in our favor,” receiver Michael Wilson said. “Some games go like that. And then we didn’t execute enough to make up for the game sort of not going our way.” Arizona’s still in decent playoff position, tied with the Seahawks on top of the NFC West with six games to play. But after all the good news and winning over the past month, Sunday’s loss was humbling. “We’re going to learn a lot from this game,” Gannon said. What’s working Arizona’s defense continued its remarkable midseason turnaround, giving the team every opportunity to win Sunday. The front seven doesn’t have any stars, but continues to cobble together a respectable pass rush. The Cardinals finished with five sacks, all by different players. Second-year cornerback Garrett Williams intercepted a pass by Geno Smith on the first play of the fourth quarter, briefly giving the Cardinals some momentum as they tried to fight back. Williams — a third-round pick out of Syracuse in 2023 — is growing into a steady starting corner that the Cardinals have missed for years. “I thought that they hung in there and battled, forced a bunch of punts, kept points off the board,” Gannon said. “I thought the interception by Garrett was fantastic, kept us in the game there, kept points off the board. We made some mistakes. We made some mistakes, starting with me.” What needs help The Cardinals aren’t going to win many games with a rushing performance like Sunday’s. Conner, held to a season low in yards rushing, did have 41 yards receiving. Rookie Trey Benson had four carries for 18 yards, while Emari Demercado broke a 14-yard gain. Getting Conner going is key. Arizona has a 5-1 record this season when he has at least 100 total yards from scrimmage. Gannon said falling into an early hole affected some of the things the Cardinals could do, particularly in the second half. “I thought there was plays there, but again, where you get down in that game, you’re not really playing normal ball there for a good chunk of the game,” Gannon said. “So we’ve got to do a better job earlier in the game to make sure we’re not playing left-handed.” Stock up Fourth-year edge rusher Zaven Collins isn’t necessarily the star fans hoped for when he was selected with the No. 16 overall pick in the 2021 draft, but he has quietly had a productive season leading the team’s no-name front seven. Collins picked up his fourth sack of the season Sunday and put consistent pressure on Smith. Stock down Murray’s still having a great season, but the quarterback’s MVP credentials took a hit with Sunday’s mediocre performance. He played pretty well at times, but the interception that turned into a pick-6 was a backbreaker. The sixth-year quarterback had largely avoided those types of plays this season, which is a big reason they’re in the playoff hunt. “Can’t give them seven points, especially when our defense is playing the way that they’re playing,” Murray said. “I feel like if I don’t do that, we’re in the game four quarters because that’s the way it was trending.” Injuries The Cardinals came out of Sunday’s game fairly healthy. Gannon said starting safety Jalen Thompson (ankle) should be back at practice Wednesday. He missed the last two games. Key numbers 12 and 133 — Tight end Trey McBride continued his breakout season with a career-high 12 catches for 133 yards. Next steps The Cardinals have another difficult road game against the Vikings (9-2) on Sunday. ___ AP NFL:
FSK Completes Public Offering of $100 million 6.125% Unsecured Notes Due 2030The Arizona Cardinals were rested, relatively healthy and had been playing some of their best football in years. That's why Sunday's sobering 16-6 road loss to the Seattle Seahawks was so surprising. “Frustrating day offensively, especially the way we’ve been playing to come out here and lay an egg and get physically dominated in a sense,” quarterback Kyler Murray said. The Cardinals (6-5) had their four-game winning streak snapped. Murray completed 24 of 37 passes for 285 yards, but made a brutal mistake, throwing an interception that was returned 69 yards by Seattle's Coby Bryant. The running game never got going, gaining just 49 yards. James Conner, the team's leading rusher, had just 8 yards on seven attempts. “There were a lot of things where it felt like the flow of things just wasn’t in our favor,” receiver Michael Wilson said. "Some games go like that. And then we didn’t execute enough to make up for the game sort of not going our way.” Arizona's still in decent playoff position, tied with the Seahawks on top of the NFC West with six games to play. But after all the good news and winning over the past month, Sunday's loss was humbling. “We’re going to learn a lot from this game,” Gannon said. What’s working Arizona's defense continued its remarkable midseason turnaround, giving the team every opportunity to win Sunday. The front seven doesn't have any stars, but continues to cobble together a respectable pass rush. The Cardinals finished with five sacks, all by different players. Second-year cornerback Garrett Williams intercepted a pass by Geno Smith on the first play of the fourth quarter, briefly giving the Cardinals some momentum as they tried to fight back. Williams — a third-round pick out of Syracuse in 2023 — is growing into a steady starting corner that the Cardinals have missed for years. “I thought that they hung in there and battled, forced a bunch of punts, kept points off the board,” Gannon said. “I thought the interception by Garrett was fantastic, kept us in the game there, kept points off the board. We made some mistakes. We made some mistakes, starting with me.” What needs help The Cardinals aren't going to win many games with a rushing performance like Sunday's. Conner, held to a season low in yards rushing, did have 41 yards receiving. Rookie Trey Benson had four carries for 18 yards, while Emari Demercado broke a 14-yard gain. Getting Conner going is key. Arizona has a 5-1 record this season when he has at least 100 total yards from scrimmage. Gannon said falling into an early hole affected some of the things the Cardinals could do, particularly in the second half. “I thought there was plays there, but again, where you get down in that game, you’re not really playing normal ball there for a good chunk of the game,” Gannon said. “So we’ve got to do a better job earlier in the game to make sure we’re not playing left-handed.” Stock up Fourth-year edge rusher Zaven Collins isn't necessarily the star fans hoped for when he was selected with the No. 16 overall pick in the 2021 draft, but he has quietly had a productive season leading the team's no-name front seven. Collins picked up his fourth sack of the season Sunday and put consistent pressure on Smith. Stock down Murray's still having a great season, but the quarterback's MVP credentials took a hit with Sunday's mediocre performance. He played pretty well at times, but the interception that turned into a pick-6 was a backbreaker. The sixth-year quarterback had largely avoided those types of plays this season, which is a big reason they're in the playoff hunt. “Can't give them seven points, especially when our defense is playing the way that they’re playing,” Murray said. “I feel like if I don’t do that, we’re in the game four quarters because that’s the way it was trending.” Injuries The Cardinals came out of Sunday's game fairly healthy. Gannon said starting safety Jalen Thompson (ankle) should be back at practice Wednesday. He missed the last two games. Key numbers 12 and 133 — Tight end Trey McBride continued his breakout season with a career-high 12 catches for 133 yards. Next steps The Cardinals have another difficult road game against the Vikings (9-2) on Sunday. ___ AP NFL: https://apnews.com/hub/nfl David Brandt, The Associated Press
LANDOVER, Md. (AP) — Jayden Daniels connected with Zach Ertz in overtime for his third touchdown pass of the game to get the Washington Commanders into the playoffs by beating the Atlanta Falcons 30-24 on Sunday night in a back-and-forth prime-time showdown between highly drafted rookie quarterbacks. Daniels ran for a season-high 127 yards and completed 24 of 36 passes for 227 yards and had two TD passes to Ertz and another to Olamide Zaccheaus to make the playoffs in his rookie year. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Kartik Aaryan, who is basking in the success of Bhool Bhulaiyaa 3, is speculated to have a belief that he is a better actor than Pushpa 2 star Allu Arjun. For those unaware, Kartik was earlier compared with the South superstar when he featured in the 2023 Hindi film Shehzada, which was a remake of his 2020 Telugu film Ala Vaikunthapurramuloo. A fan on X (formerly known as Twitter) shared a post featuring Kartik’s photo and Allu Arjun’s photo, and captioned it as, “Unpopular opinion but #KartikAaryan is a far better actor than #AlluArjun.” Shared on December 28, 2024, the post received 85.2k views and 434 likes so far. Kartik was also among the X users who liked the post, as the fan in anothe tweet expressed gratitude to the actor for liking the post. December 28, 2024 The fan also posted a screen recording to prove that Kartik indeed liked the post that claimed he is a better actor than Allu Arjun. “He liked here's the recording Thank you sir #KartikAaryan love you so much.” Several of Allu Arjun’s fans came forward to express their outrage. “I don't know but why I'm laughing are you kidding you are comparing Allu Arjun (nation award winner) to a hero who makes him popular with his PR. Allu Arjun's Arya>>>>>>>> ur PR hero”, said Allu’s fan. December 29, 2024 The fan post triggered an online war between Kartik and Allu Arjun's fandom on social media. Reacting to this, the fan replied, "Don't mess with #KartikAaryan army strictly warning you guys #AlluArjun fans Thanks @kartikgreatest @KattarAaryan for this it was much needed." December 29, 2024 Meanwhile, Kartik announced his new film titled Tu Meri Main Tera, Main Tera Tu Meri under the Dharma Productions banner. The film marks his first major collaboration with Karan Johar after the Dostana 2 fallout. The announcement generated excitement as reports suggest Kartik will earn a substantial Rs 50 crore for his role. With a budget of Rs 150 crore, the project is being hailed as one of the most ambitious romantic comedies in recent years.Michaels: Your state better be ready to protect workers under Trump
da-kuk/E+ via Getty Images Alphabet Inc. ( NASDAQ: GOOG ) ( NASDAQ: GOOGL ) is under increasing pressure to split off its Search business which has been the target of an antitrust investigation by the Department of Justice. The legal confrontation between Google Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOG, AMZN, AAPL, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.The Importance of Cloud Data Management for Businesses
PHILADELPHIA and NEW YORK , Dec. 27, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) today announced that it has completed its previously announced offering of an additional $100 million in aggregate principal amount of its 6.125% notes due 2030 (the "Notes"). The Notes will be a further issuance of, and form a single series with, the $600 million aggregate principal amount of 6.125% Notes due 2030 that FSK issued on November 20, 2024 , increasing the outstanding aggregate principal amount of the series to $700 million . BofA Securities, Inc., BMO Capital Markets Corp., J.P. Morgan Securities LLC, KKR Capital Markets LLC, SMBC Nikko Securities America, Inc., and Truist Securities, Inc. are acting as joint book-running managers for this offering. FSK intends to use the net proceeds of this offering for general corporate purposes, including potentially repaying outstanding indebtedness under credit facilities and certain notes. This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. About FS KKR Capital Corp. FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. FSK seeks to invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market companies. FSK is advised by FS/KKR Advisor, LLC. About FS/KKR Advisor, LLC FS/KKR Advisor, LLC (FS/KKR) is a partnership between FS Investments and KKR Credit that serves as the investment adviser to FSK and other business development companies. FS Investments is a global alternative asset manager dedicated to delivering superior performance and innovative investment and capital solutions. The firm manages over $83 billion in assets for a wide range of clients, including institutional investors, financial professionals and individual investors. FS Investments provides access to a broad suite of alternative asset classes and strategies through its best-in-class investment teams and partners. With its diversified platform and flexible capital solutions, the firm is a valued partner to general partners, asset owners and portfolio companies. FS Investments is grounded in its high-performance culture and guided by its commitment to building value for its clients, investing in its colleagues and giving back to its communities. The firm has more than 500 employees across offices in the U.S., Europe and Asia and is headquartered in Philadelphia . KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. Forward-Looking Statements and Important Disclosure Notice This announcement may contain certain forward-looking statements, including statements with regard to future events or future performance or operations of FSK. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements. Factors that could cause actual results to differ materially include changes in the economy, risks associated with possible disruption in FSK's operations or the economy generally due to terrorism, geo-political risks, natural disasters or pandemics such as COVID-19, future changes in laws or regulations and conditions in FSK's operating area and the price at which shares of FSK's common stock trade on the New York Stock Exchange. Some of these factors are enumerated in the filings FSK makes with the SEC. FSK undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contact Information: Investor Relations Contact Anna Kleinhenn Anna.Kleinhenn@fsinvestments.com FS Investments Media Team Melanie Hemmert Melanie.Hemmert@fsinvestments.com View original content to download multimedia: https://www.prnewswire.com/news-releases/fsk-completes-public-offering-of-100-million-6-125-unsecured-notes-due-2030--302339667.html SOURCE FS Investments
