The company also said the FCO underestimated the fierce competition it faces in Germany from other online services and questioned whether it was the appropriate body to investigate data complaints. Facebook has a dominant position in the German market with 23 million daily active users, 32 million monthly active users and a market share of more than 95 percent in daily active users and more than 80 percent in monthly active users, the Bundeskartellamt said.
The parent's net loss was 270 billion rupees (S$5.14 billion) in the three months through December, exceeding the deficit reported by Indian Oil Corp in 2012. At the time it also revealed that its total retail sales for 2018 slipped by 4.6 per cent, despite the Jaguar brand reporting its best-ever year.
The Chinese telecoms company, which is facing scrutiny over its technology as countries introduce new 5G networks, has acknowledged to MPs on the Commons' science and technology committee that its software engineering has "room for improvement".
The source noted that Amazon was still working toward winning approval from NY officials and has not yet given up completely on NY as the location of their headquarters, which plans to create 25,000 Amazon jobs. Amazon has taken heat from a range of public officials, including the aforementioned Ocasio-Cortez, as well as state Sen. Inside Amazon , all indications are that the company is moving full-steam ahead with the expansion, according to a person familiar with the matter.
Nonetheless, in light of the nature of the allegations published by Mr. Bezos , the Board has convened and determined that it should promptly and thoroughly investigated the claims. And he made the emails public in the blog. In a blogpost on Thursday, Bezos cited an email from AMI deputy general counsel, Jon Fine , to a lawyer representing de Becker.
The lower repo rate-the rate at which banks borrow from the RBI- has raised hopes of bringing down EMIs for the millions of home loan borrowers as well cut capital raising costs for corporates, with banks expected to pass on the reduced rates to its customers.