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Google faces first major probe under UK’s tough new antitrust rules

Anadolu | Anadolu | Getty Images LONDON — Britain’s competition watchdog on Tuesday opened an investigation into Google search services, marking its first major probe under the country’s tough new competition rules. The Competition and Markets Authority said that it’s looking to assess whether Google has “strategic market status” (SMS) under the new U.K. Digital Markets, Competition and Consumers Act …

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Samsung announces more flexible trade-in program, no purchase required

Samsung has announced a change to its Galaxy Trade-In program that allows consumers to trade in select Galaxy smartphone models to the company year-round, without the need to make a new purchase at the same time. The new program is set to start today in South Korea and France, with other markets to follow later in 2025. The company says …

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A global bond sell-off is deepening as investors pare Fed rate cut expectations

The Eccles Building, location of the Board of Governors of the Federal Reserve System and of the Federal Open Market Committee. Brooks Kraft | Getty Images A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs for consumers and businesses around the world. Bond yields have mostly been rising globally …

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