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☆ Global shipping recession could end as freight rates soar on Red Sea troubles
▼ + stars: | 2024-01-16 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

Stringer | Bloomberg | Getty ImagesVessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates. Alan Baer CEO of OL USAVessel-Operating Common Carriers (VOCC) are ocean carriers that own and operate vessels responsible for managing cargo and transporting them. Luis Boza/ | Nurphoto | Getty ImagesWhile the recent spikes in freight rates might not help shippers relive their glory days following the pandemic, they would substantially boost profitability. Brashier noted that both contracted rates for ocean carriers and spot market rates may rise further. Overall, container freight will still [find it] difficult to manage oversupply issue.

Persons: Stringer, Houthi, Alan Baer, Baer, Luis Boza, Nico Luman, Jefferies, Brashier, Daejin Lee Organizations: Bloomberg, Getty, Houthi, U.S, U.S . Central Command, USA, CNBC, Evergreen, Shipping, Logistics, Head, Research, Fertistream Locations: Suez, Egypt, Yemen, South Africa, Gibraltar, Maersk, Lisbon, Portugal, Asia

Stroud became the youngest quarterback to win a playoff game after throwing for 274 yards and three touchdowns, and the Houston Texans returned two interceptions by Joe Flacco for scores in a 45-14 rout of the Cleveland Browns in a wild-card matchup Saturday. Stroud, the second overall pick in the draft last April, is also the highest-drafted rookie QB to win in the postseason. Stroud threw for 236 yards and three touchdowns before halftime as the Texans built a 24-14 lead. With the Texans up 45-14 with nine minutes to go, Stroud’s work was done, and he was replaced by Davis Mills. Two plays later, Stroud connected on a short pass with Collins for a 15-yard score to put the Texans on top 10-7.

Persons: Stroud, Joe Flacco, Nico Collins, Brevin Jordan, Dalton Schultz, Michael Vick, Steven Nelson, Christian Harris, Davis Mills, DeMeco Ryans, Kevin Stefanski, Flacco couldn’t, Mark Sanchez, Cleveland’s Deshaun Watson, Collins, Devin Singletary, Kareem Hunt, Hunt, Singletary, Houston’s, John Metchie III, Flacco, Harrison Bryant, Jordan, Stroud’s, Schultz, Derek Barnett, Nelson, Harris, LG Joel Bitonio, Noah Brown, LB Denzel Perryman, ___ Organizations: HOUSTON, Houston Texans, Cleveland Browns, Stroud, Falcons, Packers, Texans, NFL laughingstock, AFC South, Flacco, Browns, New York Jets, Houston, Seahawks, LB Locations: Stroud, Cleveland

At 1 p.m. on a Friday shortly before Christmas last year, Kent Walker, Google’s top lawyer, summoned four of his employees and ruined their weekend. The group worked in SL1001, a bland building with a blue glass facade betraying no sign that dozens of lawyers inside were toiling to protect the interests of one of the world’s most influential companies. For weeks they had been prepping for a meeting of powerful executives to discuss the safety of Google’s products. The deck was done. But that afternoon Mr. Walker told his team the agenda had changed, and they would have to spend the next few days preparing new slides and graphs.

Persons: Kent Walker, Google’s, Walker Locations: SL1001

Page, hampered for more than a decade by an unusual ailment in his vocal cords, described his vision of a digital utopia in a whisper. If that happens, Mr. Musk said, we’re doomed. Finally he called Mr. Musk a “specieist,” a person who favors humans over the digital life-forms of the future. That debate has pitted some of the world’s richest men against one another: Mr. Musk, Mr. Page, Mark Zuckerberg of Meta, the tech investor Peter Thiel, Satya Nadella of Microsoft and Sam Altman of OpenAI.

Persons: Page, Musk, we’re, ”, Mark Zuckerberg, Peter Thiel, Satya Nadella, Sam Altman, OpenAI Organizations: Valley, Meta, Microsoft Locations: Silicon

Even including the sale of Heathrow, this year is the slowest for airport transactions in the past decade, totalling $5.9 billion globally to date, according to Dealogic data. They have hired Mediobanca (MDBI.MI) and Credit Agricole (CAGR.PA) to find a buyer for a sale of their 49% stake in the company, the people said. Heathrow's sale valued the airport at 14.3 times EBITDA, according to JP Morgan analysis published on Wednesday. UK's Esken (ESKN.L), owner of regional Southend Airport, said in June it had started a process for the sale of the airport. On Thursday, Hungary's state-owned Corvinus and Vinci Airports notified the European Commission of a proposed joint takeover of Budapest's airport, according to a document posted on the EU website.

Persons: Andras Kranicz, GIP, Australia's Macquarie, Spain's, Ferrovial, Agata Lyznik, Mediobanca, Gianni, Origoni, Nico Torrisi, Morgan, UK's, France's Vinci, Vinci, Corvinus, Emma, Victoria Farr, Andres Gonzalez, Elisa Anzolin, Joanna Plucinska, Mathieu Rosemain, Anousha Sakoui, Elaine Hardcastle Organizations: LONDON, Heathrow, BNP, Global Infrastructure Partners, AGS Airports, Southampton, Australia's, International, ACI, Airports, Macquarie, Credit Agricole Assurance, 2i, Credit, SAC, Gatwick, Southend Airport, Global Infrastructure Fund, Vinci Airports, European Commission, EU, Thomson Locations: Edinburgh, Italy, FRANKFURT, Spanish, Europe, Aberdeen, Glasgow, Heathrow, France, Hungary's, Budapest's

☆ 11 people died and 75 were injured after an elevator plunged 650 feet at a platinum mine
▼ + stars: | 2023-11-28 | by ( Associated Press | ) www.businessinsider.com time to read: +2 min

11 miners were killed and 75 were injured when an elevator plunged 650 feet at a platinum mine. All 86 people were being brought to the surface when the elevator suddenly plunged. AdvertisementJOHANNESBURG (AP) — An elevator suddenly dropped about 650 feet (200 meters) while carrying workers to the surface in a platinum mine in South Africa, killing 11 and injuring 75, the mine operator said Tuesday. The injured workers were hospitalized. Theron said the elevator dropped about 650 feet (200 meters) down the shaft in what was a highly unusual accident.

Persons: —, Nico Muller, Johan Theron, Theron Organizations: Service, Impala Platinum Holdings Locations: Rustenburg, South Africa, JOHANNESBURG, South

☆ Impala Platinum halts work at some S.African mines after 11 workers died
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

JOHANNESBURG, Nov 28 (Reuters) - Impala Platinum (IMPJ.J) said on Tuesday it had temporarily halted operations at its Rustenburg mining complex in South Africa after 11 workers died in an incident at one of its underground shafts. The Johannesburg-based platinum miner said in a statement that 86 workers were involved in the incident at its No. 11 shaft and 75 injured workers had been admitted at four hospitals in the area. The company said all mining operations at the sprawling Rustenburg complex in South Africa's North West province had been suspended on Tuesday. Impala is among South African platinum producers that operate some of the deepest and oldest mining shafts in the world.

Persons: Nico Muller, it's, Felix Njini, Nelson Banya, Kim Coghill, Jamie Freed, Louise Heavens Organizations: Impala, National Union of Mineworkers, Thomson Locations: JOHANNESBURG, South Africa, Johannesburg, South Africa's, West

☆ NHL roundup: Rangers' offense buries Bruins
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +5 min

Nov 25, 2023; New York, New York, USA; New York Rangers left wing Chris Kreider (20) takes a shot at Boston Bruins goalie Linus Ullmark (35) during the third period at Madison Square Garden. Nick Bonino and Tyler Pitlick added their first goals as Rangers, while Jonathan Quick made 27 saves. Charlie Coyle scored twice while Morgan Geekie had a goal and an assist for Boston, which has lost consecutive games in regulation. Ty Emberson scored his first career NHL goal and Fabian Zetterlund also tallied for the Sharks, who sit last in the league. Lawson Crouse scored his 10th goal of the season, all in November, and Clayton Keller also scored for Arizona.

Persons: Chris Kreider, Linus Ullmark, Danny Wild, Chris Kreider's, Kreider, Miller, Jimmy Vesey, Artemi, Vincent Trocheck, Nick Bonino, Tyler Pitlick, Jonathan Quick, Charlie Coyle, Morgan Geekie, David Pastrnak, James van Riemsdyk, Pheonix Copley, Copley, Trevor Moore, Carl Grundstrom, Trevor Lewis, Pierre, Luc Dubois, Montreal's Jake Allen, Tyler Toffoli, Alexander Holtz, Nico Hischier, Ondrej Palat, Dawson Mercer, Vitek Vanecek, Jeff Skinner, Kyle Okposo, Eric Comrie, Devon Levi, Erik Karlsson, Jake Guentzel, Noel Acciari, Tyler Bertuzzi, Matthew Knies, Tyson Foerster, Samuel Ersson, Kyle Palmieri, Foerster, Ilya Sorokin, Sorokin, Nathan MacKinnon, Jonathan Drouin, Ryan Johansen, Ivan Prosvetov, Mikael Backlund, Dan Vladar, Mikael Granlund, Mike Hoffman, Ty Emberson, Fabian Zetterlund, Kaapo Kahkonen, Tomas Hertl, Calen Addison, Brock Boeser, Filip Hronek, Casey DeSmith, Connor Ingram, Lawson Crouse, Clayton Keller, Logan Thompson Organizations: New York Rangers, Boston Bruins, Rangers, Boston, Bruins, Canadiens, Los Angeles, Montreal, Pittsburgh Penguins, Kings, Devils, Sabres, New Jersey, Buffalo, Penguins, Maple Leafs, Pittsburgh, Toronto, Flyers, Islanders, Philadelphia, Avalanche, Flames, Colorado, Calgary, Sharks, Canucks, Vancouver, NHL, Coyotes, Golden Knights, Arizona, Vegas, Thomson Locations: New York , New York, USA, Madison, New, Elmont, N.Y, Denver, Colorado, Jose, Las Vegas

[1/5] Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 16, 2023 Stewards use a crane to remove the Ferrari of Carlos Sainz Jr. after the cancellation of the first practice session due to a drain cover that came off the asphalt and hit the car. The survival cell, engine, battery and control electronics were all damaged beyond repair during an incident that Ferrari team principal Frederic Vasseur called "unacceptable." "I think it's tough for a team to arrive in Vegas and to have this kind of incident," he said as mechanics rebuilt Sainz's car. read moreAlpine driver Esteban Ocon's chassis also needed to be replaced due to damage but he too returned for second practice. The sessions along the transformed Strip marked F1's return to Las Vegas for the first time in nearly 40 years.

Persons: Carlos Sainz Jr, Sainz, Charles Leclerc, Ferrari, Carlos Sainz, Frederic Vasseur, Esteban Ocon's, Fernando Alonso, Aston Martin, Red Bull's Sergio Perez, Valtteri, Alfa Romeo, Red, Max Verstappen, Verstappen, I've, Mercedes, Lewis Hamilton, I'm, Vasseur, McLaren, Zak Brown, Toto Wolff, Wolff, Leclerc, Haas, Nico Hulkenberg, Kevin Magnussen, Rory Carroll, Alan Baldwin, Miral Fahmy, Toby Davis Organizations: Las Vegas, Las Vegas Strip, VEGAS, Ferrari, FIA, Aston, Alfa, Briton, Liberty, Thomson Locations: Las Vegas , Nevada, U.S, Vegas, Qatar, Las Vegas, Monaco, Baku, Los Angeles, London

Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S. - November 15, 2023 Ferrari's Charles Leclerc talks to the media ahead of the Las Vegas Grand Prix REUTERS/Finn Blake Acquire Licensing RightsLAS VEGAS, Nov 16 (Reuters) - The first practice session of the Las Vegas Grand Prix was cancelled on Thursday just eight minutes in to repair the track after a faulty water valve cover badly damaged Carlos Sainz's Ferrari. Ferrari team principal Frederic Vasseur said two-thirds of the car would need to be changed out and called the situation "unacceptable." "These cars are generating huge amounts of suction underneath now," said Williams Racing team principal James Vowles. Mercedes team principal Toto Wolff lashed out at a reporter who asked how the cancelled practice was not a "black eye" for F1. The brief first test of the course along the transformed Strip marks F1's return to Las Vegas for the first time in nearly 40 years.

Persons: Ferrari's Charles Leclerc, Finn Blake, Carlos Sainz's Ferrari, Frederic Vasseur, Carlos, Vasseur, Esteban Ocon's, Williams, James Vowles, McLaren, Zak Brown, Mercedes, Toto Wolff, Wolff, Haas, Nico Hulkenberg, Kevin Magnussen, Max Verstappen, Logan Sargeant, Rory Carroll, Miral Organizations: Las Vegas, Las Vegas Strip, Las Vegas Grand Prix REUTERS, LAS VEGAS, Prix, Ferrari, FIA, Williams Racing, Thomson Locations: Las Vegas , Nevada, U.S, Baku, Montreal, Las Vegas, Los Angeles

Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S. - November 15, 2023 AlphaTauri's Daniel Ricciardo talks to the media ahead of the Las Vegas Grand Prix REUTERS/Finn Blake Acquire Licensing RightsLAS VEGAS, Nov 15 (Reuters) - Las Vegas is a 24-hour city but the Formula One drivers facing a schedule that will see them racing into the early morning hours said on Wednesday that they will need to find another gear at the Grand Prix. Friday's qualifying will not begin until midnight local time, meaning it will take place on the same day as Saturday's 10 p.m. race down the Las Vegas Strip, with media obligations following both events. "If I'm tired I'm just going to sleep and if I'm in the car, I'm just going to drink Red Bull. Asked if Verstappen could be more vulnerable in Las Vegas, Alonso did not hesitate. Drivers said the late night starts in Las Vegas could have a knock on effect when they head to Abu Dhabi the following weekend.

Persons: AlphaTauri's Daniel Ricciardo, Finn Blake, I'm, Red, It's, Aston Martin's Fernando Alonso, Max Verstappen, Alonso, Haas, Nico Hulkenberg, Rory Carroll, Miral Organizations: Las Vegas, Las Vegas Strip, Las Vegas Grand Prix REUTERS, LAS VEGAS, Las, U.S, Drivers, Thomson Locations: Las Vegas , Nevada, U.S, Vegas, LA, Las Vegas, Abu Dhabi, Los Angeles

But on the witness stand, Sundar Pichai, Google’s chief executive, said there was “value” in being the default search engine on a device and framed the agreements with other companies as sound business decisions. Google paid $26.3 billion for its search engine to be the default selection on mobile and desktop browsers in 2021, according to the company’s internal data presented during the trial. Kevin Murphy, a Google economic expert, testified on Monday that Google shared 36 percent of search revenue from the default deal with Apple. Mr. Pichai testified that he repeatedly renewed the search engine deal with Apple because it worked well, leading to an increase in search usage and revenue and benefiting Apple, Google and its shareholders. They cited an instance in 2014 when Mozilla, which makes the Firefox browser, exited a default-search partnership with Google and selected Yahoo.

Persons: Sundar Pichai, Kevin Murphy, Pichai, ” Organizations: Google, Apple, New York Times, Mozilla, Yahoo

LAS VEGAS (AP) — General Motors said Tuesday it has registered with Formula One's governing body to become an engine supplier starting in 2028 in what is seen as a huge boost to Michael Andretti's bid to join the global motorsports series. “We are thrilled that our new Andretti Cadillac F1 entry will be powered by a GM power unit,” GM President Mark Reuss said. GM in January announced its partnership with Andretti Global under its Cadillac banner on Andretti's application to join F1. GM doesn't have its own F1 power unit and said its effort would be in conjunction with an existing manufacturer. If Andretti gets approved to join an expanded F1 grid, he would have to use another manufacturer's engine until 2028.

Persons: Motors, Michael Andretti's, Mark Reuss, Andretti Cadillac, Andretti, GM isn't, Ford, Red Bull, Honda, Colton Herta, Mario Andretti, Michael, Gene Haas, Haas, Kevin Magnussen, Nico Hulkenberg, Hulkenberg Organizations: LAS VEGAS, —, Formula, Andretti Cadillac, GM, Las Vegas, Prix, Andretti Global, GM doesn't, FIA, Audi, Sauber, Andretti, Associated Press, AP, Renault, IndyCar Locations: California, Denmark, Germany

☆ Google’s C.E.O. to Take Another Turn on the Antitrust Witness Stand
▼ + stars: | 2023-11-14 | by ( Nico Grant | More About Nico Grant | ) www.nytimes.com time to read: +1 min

Testifying under oath is a task that many tech chief executives might be asked to do in the coming years, with Amazon, Meta and others facing their own antitrust court fights. Though he was never called to the witness stand to testify, Bill Gates, who was chief executive of Microsoft in the last big technology antitrust case brought by the Justice Department more than two decades ago, came across as combative and evasive in depositions. Mr. Zuckerberg has at times exasperated lawmakers with vague responses, while Mr. Altman appeared to charm senators in a hearing this year. The main duty on the witness stand for Mr. Pichai — a low-key and detail-focused executive — has been to keep the temperature low under questioning and keep to the central point of Google’s antitrust defense: that it is an innovative company that has maintained its leadership through innovation and hard work instead of illegal monopolistic behavior. The Justice Department filed its landmark antitrust suit against Google in October 2020, arguing that the company’s default-search deals with phone makers and browser companies helped it illegally maintain a monopoly.

Persons: Bill Gates, Mark Zuckerberg, OpenAI’s Sam Altman, Zuckerberg, Altman, Pichai, — Organizations: Amazon, Microsoft, Justice Department, Google

☆ U.S. GP results stand after F1 stewards reject Haas appeal
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Stewards ruled, in a lengthy statement, that Haas had presented no significant and relevant new element that was unavailable to them at the time of the Oct. 22 race in Austin, Texas. The decision was reached after a virtual hearing that started on Wednesday and was deferred to Thursday. Haas, last in the championship, sought the review during last weekend's Sao Paulo Grand Prix because they believed some rivals exceeded track limits without sanction. The U.S.-owned team argued that the track limit infringements were "neither noted, nor investigated nor penalized by the stewards as reflected in the final classification." The stewards found the onboard camera footage of Albon's Williams and following cars was significant but not new, previously unavailable or relevant.

Persons: Haas, Nico Hulkenberg, Brian Snyder, Aston Martin, Williams, Red Bull, McLaren, Ferrari, Alex Albon, Logan Sargeant, Red Bull's Sergio Perez, Aston, Lance, Albon's Williams, Albon, Sargeant, Alan Baldwin, Pritha Sarkar Organizations: United, Prix, U.S, Formula, Stewards, Sao Paulo, Sao Paulo Grand Prix, FIA, Red, Austin, Thomson Locations: United States, Americas, Austin , Texas, U.S, Sao Paulo Grand

☆ Devils seek revenge on Capitals after October's high-scoring affair
▼ + stars: | 2023-11-09 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

November 9 - The New Jersey Devils will battle the Washington Capitals Friday night in Newark, N.J., in a game that will have a hard time matching the action from their last encounter. Washington visited New Jersey on Oct. 25, and that night the Capitals scored the only three goals in the first period, the Devils notched all four in the second and the Capitals scored three in the third for a 6-4 win. Captain Alex Ovechkin -- in pursuit of Wayne Gretzky's goals record -- has scored twice in 11 games for new coach Spencer Carbery. "It's still early and I think younger players and older players are adjusting here," general manager Brian MacLellan told NHL.com regarding Ovechkin. In that game, the Capitals lost a 3-2 lead in the third period and the Panthers scored 15 seconds into overtime for the win.

Persons: Washington, Captain Alex Ovechkin, Wayne Gretzky's, Spencer Carbery, It's, Brian MacLellan, NHL.com, Ovechkin, they'll, Carbery, Anthony Mantha, Connor McMichael, Darcy Kuemper, Mantha, Nic Dowd, Trevor van Riemsdyk, Jack Hughes, Nico Hischier, Tomas Nosek, Lindy Ruff, Ryan Johansen, Nathan MacKinnon, Mikko Rantanen, Ruff, MacKinnon, Tyler Toffoli, Dougie Hamilton, Vanecek Organizations: New Jersey Devils, Washington Capitals, Capitals, Devils, Washington, Carbery, Florida Panthers, Panthers, Colorado Avalanche, Avalanche, Thomson Locations: Newark , N.J, New Jersey, . New Jersey

On Monday, Epic Games, the company behind the hit game Fortnite, will appear in federal court in San Francisco to kick off a monthlong trial in its own antitrust lawsuit against Google. Epic is expected to argue that Google is violating both state and federal antitrust laws — as well as its founding principle, “Don’t be evil” — by wielding monopolistic power over app developers on its Google Play Store on Android mobile phones. The video game developer had tried to bypass the Play Store’s fees by letting Fortnite players pay Epic directly for in-app items, prompting Google to bar the game from the store. (The company says 99 percent of developers qualify for a fee of 15 percent or lower on in-app purchases. Larger app makers like Epic must pay 30 percent.)

Organizations: Google, Justice Department, Games Locations: Washington, San Francisco

ST. LOUIS (AP) — Toronto third baseman Matt Chapman and outfielder Kevin Kiermaier won their fourth Gold Gloves, while New York Yankees rookie shortstop Anthony Volpe and Colorado rookie center fielder Brenton Doyle were among 13 first-time winners of the fielding honor. Cleveland second baseman Andrés Giménez and left fielder Steven Kwan won their second Gold Gloves, along with Cubs shortstop Dansby Swanson and left fielder Ian Happ and Arizona first baseman Christian Walker. First-time AL winners included Texas catcher Jonah Heim, first baseman Nathaniel Lowe and right fielder Adolis García, Toronto pitcher José Berríos, Houston utilityman Mauricio Dubón and Volpe. Mookie Betts of the Los Angeles Dodgers had won six straight Gold Gloves. Volpe became the second rookie to win at shortstop.

Persons: Matt Chapman, Kevin Kiermaier, Anthony Volpe, Brenton Doyle, Rawlings, Cleveland, Andrés Giménez, Steven Kwan, Dansby Swanson, Ian Happ, Christian Walker ., Jonah Heim, Nathaniel Lowe, Adolis García, José Berríos, Houston utilityman Mauricio Dubón, Fernando Tatis Jr, utilityman, Seong Kim, Zack Wheeler, Gabriel Moreno, Nico Hoerner, Ke’Bryan Hayes, Doyle, Hayes, Nolan Arenado, Louis, Ichiro Suzuki, Mookie Betts, Kwan, Swanson, Happ, Walker, Volpe, Houston’s Jeremy Peña, Chapman, Giménez, Wheeler, ___ Organizations: LOUIS, — Toronto, Gloves, New York Yankees, Chicago Cubs, Sunday, Cubs, NL, San, Seattle, Los Angeles Dodgers, Elias Sports Bureau, Society, American Baseball Research Locations: Colorado, Toronto , Texas, Arizona, Toronto, Volpe, San Diego, Philadelphia, Pittsburgh, St

☆ Sainz leads Ferrari one-two in Sao Paulo GP practice
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, Nov 3 (Reuters) - Carlos Sainz was fastest in a Ferrari one-two with Charles Leclerc in Friday's sole practice session for the Sao Paulo Grand Prix, with other top teams keeping a lid on their true potential. Sainz lapped with a best time of one minute 11.732 seconds, with Leclerc -- polesitter for the past two races -- 0.108 slower and both after late runs on the fastest soft tyres on a windy afternoon. Russell had been top of the timesheets until Ferrari bolted on the soft tyres near the end of the hour. Triple world champion Max Verstappen was only 16th fastest, with Red Bull team mate Sergio Perez 18th but both set their times on the hard tyre. Writing by Alan Baldwin in London, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlos Sainz, Charles Leclerc, Sainz, Leclerc, George Russell, Nico Hulkenberg, Haas, Russell, Ferrari, Max Verstappen, Red Bull, Sergio Perez, Lewis Hamilton, Perez, McLaren, Lando Norris, Oscar Piastri, aborting, Norris, Hulkenberg, Alan Baldwin, Ed Osmond Organizations: SAO PAULO, Sao Paulo, Sao Paulo Grand Prix, One's, Sunday's, Mercedes, softs, Triple, Red, Verstappen, Thomson Locations: Friday's, Sao Paulo Grand, Brazil, London

As Google’s chief executive, Sundar Pichai, tells it, his company has always been on the side of consumers. It has paid billions to other industry giants, like Apple and Samsung, he said, to make sure Google’s internet search engine worked as well as it should on those companies’ devices. “Given that Apple designs the experience, it wasn’t clear how they would change the experience if the financial incentive wasn’t there,” Mr. Pichai said while testifying for more than three hours. The Google chief was the highest profile witness to testify so far in the 10-week trial. The monopoly trial — the first involving a tech giant of the modern internet era — reflects increasing efforts in Washington to rein in the power of Big Tech.

Persons: Sundar Pichai, Pichai, Department’s, ” Mr Organizations: Apple, Samsung, Google, Big Tech Locations: Google’s, Washington

☆ Team by team analysis of the Mexico City Grand Prix
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +3 min

Oct 30 (Reuters) - Team by team analysis of Sunday's Mexico City Grand Prix, the 19th race of the 22-round Formula One season (teams listed in championship order):RED BULL (Max Verstappen 1, Sergio Perez retired)Verstappen lined up third and made a great getaway to take the lead into the first corner. Perez tried to pass Ferrari's Leclerc at the first corner, collided and retired from his home race. He has been second to Verstappen in Mexico for three years in a row now. Piastri let Norris past for seventh place on lap 56, getting a thank you from his team mate. Sargeant was retired on the last lap to avoid damaging the car's power unit due to a fuel pump issue.

Persons: Max Verstappen, Sergio Perez, Verstappen, Alain Prost, Perez, Ferrari's Leclerc, Lewis Hamilton, George Russell 6, Hamilton, Russell, Norris, Charles Leclerc, Carlos Sainz, Leclerc, Sainz, Aston Martin's Alonso, MCLAREN, Lando Norris, Oscar Piastri, Piastri, AlphaTauri's Tsunoda, ASTON MARTIN, Lance, Fernando Alonso, Alonso, Esteban Ocon, Pierre Gasly, Ocon, Hulkenberg, WILLIAMS, Alex Albon, Logan Sargeant, Albon, Sargeant, Daniel Ricciardo, Yuki Tsunoda, Ricciardo, ALFA ROMEO, Zhou, Valtteri, Alfa, Bottas, HAAS, Nico Hulkenberg, Kevin Magnussen, Magnussen, Haas, Alan Baldwin, Simon Cameron, Moore Organizations: Grand Prix, FERRARI, Ferrari, Bottas, McLaren, Thomson Locations: Mexico, Texas, London

☆ Verstappen takes record 16th win of the season in Mexico
▼ + stars: | 2023-10-29 | by ( Angelica Medina | ) www.reuters.com time to read: +4 min

Only three drivers have won more races in the history of the sport and Verstappen could have passed Sebastian Vettel, next in his sights on 53, by the end of the season. The win was also his 14th in the last 15 races and a fifth in six editions of the grand prix at the Autodromo Hermanos Rodriguez. Second is a priority for dominant Red Bull who have never yet finished a season with their drivers first and second. The race resumed from a standing re-start, with Verstappen accelerating into the distance and Leclerc second on the hard tyres but seven-times world champion Hamilton right behind on mediums. Verstappen had seized the safety car period as an opportunity for a cheap second pitstop and some fresh hards while Leclerc had pitted just before Magnussen's accident.

Persons: Hamilton, Mercedes Leclerc, Perez, Max Verstappen, Sergio Perez, Ferrari's Charles Leclerc, Alain Prost's, Sebastian Vettel, Autodromo Hermanos Rodriguez, Verstappen, Bull, Mercedes's Lewis Hamilton, Leclerc, Kevin Magnussen, Ferrari, Red, Ferrari's Carlos Sainz, McLaren's Lando Norris, Oscar Piastri, AlphaTauri's Daniel Ricciardo, Mercedes George Russell, Russell, Ricciardo, Alex Albon, Williams, Esteban Ocon, Pierre Gasly, Haas's Nico Hulkenberg, HAAS, Magnussen's Haas, Dane, Aston Martin, Lance, Bottas, Fernando Alonso, AlphaTauri's Yuki Tsunoda, Alan Baldwin, Ken Ferris, Clare Fallon, Lincoln Organizations: Mexico City, Prix, Autodromo Hermanos, Red Bulls, Red Bull, Briton, AlphaTauri, Renault, Hamilton, Alfa, Piastri, Thomson Locations: MEXICO, Mexico, French, Hamilton, London

NEW YORK (AP) — The NHL suspended Buffalo Sabres defenseman Connor Clifton for two games without pay for what it determined was an illegal check to the head of New Jersey Devils forward Nico Hischier on Friday night. Clifton will lose nearly $35,000 in pay, and that money will go to the Players’ Emergency Assistance Fund, the league's Department of Player Safety announced Saturday. In a video explaining the reasoning behind the suspension, the NHL said Clifton made Hischier's head the primary target and that the hit was avoidable. Clifton was ejected for the hit to the Devils captain, which happened at the 16-minute mark of the first period of Sabres' 5-4 loss. Hischier played in the second period but did not return for the third.

Persons: Connor Clifton, Nico Hischier, Clifton, Hischier Organizations: —, NHL, Buffalo Sabres, New Jersey Devils, Assistance Fund, league's Department, Player Safety, Devils, Sabres

☆ Google Search Boss Says Company Invests to Avoid Becoming ‘Roadkill’
▼ + stars: | 2023-10-26 | by ( Nico Grant | More About Nico Grant | ) www.nytimes.com time to read: 1 min

The Justice Department has spent weeks arguing in a federal antitrust trial that Google has built an impenetrable barrier around its search business with strong-arm tactics and multibillion-dollar deals. But a Google executive said on Thursday that he didn’t see it that way. Google presented a starkly different picture of how it has built and maintained the internet’s most dominant business as it began its defense in the landmark trial. The key, said Prabhakar Raghavan, Google’s senior vice president overseeing search and other products, has been constant investment and innovation. Dr. Raghavan described Google’s path from its once-unimaginable rise over his former employer Yahoo to fears that its business could be disrupted by formidable competitors.

Persons: Prabhakar Raghavan, Google’s, Raghavan Organizations: Google, Yahoo

☆ Inside Google’s Plan to Stop Apple From Getting Serious About Search
▼ + stars: | 2023-10-26 | by ( Nico Grant | More About Nico Grant | ) www.nytimes.com time to read: +1 min

For years, Google watched with increasing concern as Apple improved its search technology, not knowing whether its longtime partner and sometimes competitor would eventually build its own search engine. Those fears ratcheted up in 2021, when Google paid Apple around $18 billion to keep Google’s search engine the default selection on iPhones, according to two people with knowledge of the partnership, who were not authorized to discuss it publicly. The same year, Apple’s iPhone search tool, Spotlight, began showing users richer web results like those they could have found on Google. Google quietly planned to put a lid on Apple’s search ambitions. Google’s anti-Apple plan illustrated the importance that its executives placed on maintaining dominance in the search business.

Organizations: Google, Apple, The New York Times, Big Tech

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