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US screws Google for monopolizing advertisement
Over the past years, Google has gained immense power in the tech industry and now it has been sued by the US Department of Justice over an alleged monopoly control over the advertisement market.
According to the information, the antitrust lawsuit filed by the U.S. Department of Justice on Google claims that the search giant has monopolized the digital ad market.
The DOJ is joined by 8 U.S. states in the lawsuit including New York, California, and Colorado. These states blame Google for curbing digital competitiveness and curbing other businesses.
“Google has corrupted legitimate competition in the ad tech industry by engaging in a systematic campaign to seize control of the wide swath of high-tech tools used by publishers, advertisers, and brokers to facilitate digital advertising.” says the lawsuit.
While being filed in U.S. District Court for the Eastern District of Virginia, the lawsuit wants to force Google to see much of its suit of ad technology products, which includes software for buying and selling ads.
DOJ described Google’s behavior on this matter.
“Google’s plan has been simple but effective: (1) neutralize or eliminate ad tech competitors, actual or potential, through a series of acquisitions; and (2) wield its dominance across digital advertising markets to force more publishers and advertisers to use its products while disrupting their ability to use competing products effectively.
Each time a threat has emerged, Google has used its market power in one or more of these ad tech tools to quash the threat. The result: Google’s plan for durable, industry-wide dominance has succeeded.”
Google:
Despite being sued by U.S. DOJ, Google rephrased that the digital advertisement market is healthy and competitive, citing strong competitors such as Meta, Amazon, and Microsoft.
Google has published an official answer to this lawsuit saying “DOJ is doubling down on a flawed argument that would slow innovation, raise advertising fees and make it harder for thousands of small businesses and publishers to grow.”
Google also pinpointed that the government should not pick between winners and losers in a competitive industry, which makes sense in the right way. However, Google also said that such a lawsuit will be a drawback for its advertisement technology designed for the advertisement industry.
“Threaten the free and fair markets upon which our economy is based. We will aggressively protect consumers, safeguard competition and work to ensure economic fairness and opportunity for all.” Attorney General Merrick B. Garland said monopolies.
ChatGPT is a raging storm on the internet and everyone is talking about this AI-powered instant reply software but Huawei says, it has long mastered such technology.
A person in charge of Huawei’s computing product section said that Huawei began to have a layout in the large model in 2020. In the following year, Huawei launched Pengcheng Pangu, which is a super-large model and the first of its kind in the industry.
This model can generate 100 billion levels of processes and can generate responses or understand Chinese natural language processing as well as speech recognition.
To be mentioned, Pangu NLP large model was the world’s largest Chinese language pre-training model with 100 billion parameters at that time. The sample tuning of the data improves the application performance of the model in the scenario.
Patent:
Recently, two patents have surfaced on China’s intellectual property office, which reveal Huawei’s use of AI in instant reply software. However, we can say that Huawei has already applied a lot of AI software to human conversation technology, which was way ahead of ChatGPT. But Huawei has not revealed any plans to implement such tech in Huawei devices.
ChatGPT:
ChatGPT was launched as a prototype on November 30, 2022, and quickly garnered attention for its detailed responses and articulate answers across many domains of knowledge. Its uneven factual accuracy, however, was identified as a significant drawback. Following the release of ChatGPT, OpenAI’s valuation was estimated at US$29 billion.
Read more here – Huawei patent new ChatGPT like reply software
After the events of the U.S. ban, Huawei had to reduce its capacity of building new smartphones, which result in low yield and sales, and now, Xiaomi claims that it took over 50 million of Huawei’s users.
During the Xiaomi Investment Day, Lu Weibing, President of Xiaomi Group said that Huawei has lost over 80 million smartphone users, of which, Xiaomi took over 50 million.
This is quite a big statement made by the head of the Chinese phone maker as Huawei was forced to leave the market due to the restrictions on manufacturing.
After not meeting the market requirements the share of Huawei’s smartphone market declined severely in both the Chinese and global markets. While other smartphone makers are the ones that got most of the benefits.
From the rest, Apple took over 20 million users and Honor grabbed 10 million, which accounts for an overall 80 million Huawei users.
According to the data revealed by Canalys, the global smartphone market ranked Samsung first and Apple second, which has increased by 22 percent and 19 percent respectively. While Xiaomi declined to 13 percent.
Aside from Apple and Samsung, other smartphone maker has declined. On this matter, Xiaomi’s president said that the decline in his firm is related to various reasons such as currency depreciation, chips from shortage to surplus, and intensified competition, the global mobile phone market will decline by 12% in 2022, of which the Chinese market will decline by 13%.
Why not?
It was an opportunity for all of the smartphone companies with an open opportunity to grab Huawei’s market share and it fell directly into their lap without doing anything.
(via – CNMO)
Turkey is underway a massive rescue operation and Huawei has raised a hand of help for the country to overcome the earthquake that has taken the lives of thousands of innocent people. During this time, Huawei has provided components, generators, and mobile base stations to help eliminate communication issues in earthquake-affected areas.
On Monday, Turkey is hit by a 7.8-magnitude earthquake, destroying homes and leaving thousands wounded and homeless. As of today, over 17000 people had died in Turkey, surpassing the record of the last decade in the country. This earthquake has now made its place in the most deadly disasters of the century surpassing the 2011 tsunami in Japan.
