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DuckDuckGo says market share constrained by rival Google's huge wallet

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The CEO of internet search engine company DuckDuckGo testified on Thursday that his company struggled to grow its market share because Google was paying key companies billions of dollars to keep its search engine as the default on computers or mobile devices. THE TAKE: DuckDuckGo CEO Gabriel Weinberg, who was testifying at a trial in Washington to determine if Alphabet's Google broke US antitrust law, was meant to support the U.S. government's argument that Google's big pockets were used to illegally hold back its smaller rivals.

CIBC sees North American lithium producers playing a bigger role in a global supply picture dominated by China and Australia.The oil industry knew it was responsible for global warming, and lied about it for decades. California is right to look for ways to make them pay in court.STORY: Chinese electric vehicle-maker Nio on Thursday unveiled its latest product… a phone. Chief Executive William Li revealed the handset in Shanghai.

As for Nio, it hopes its new products will give it an edge in a domestic market where EVs now account for over a third of all vehicle sales.Increased exports of oil from the United States into Europe and Asia mean U.S. crude has snatched back its primacy in setting international pricing after North Sea grades have for decades determined the value of the world's most traded commodity.

 

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