Advertisement
Singapore markets closed
  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • FTSE 100

    8,137.28
    +58.42 (+0.72%)
     
  • Bitcoin USD

    64,501.11
    +712.62 (+1.12%)
     
  • CMC Crypto 200

    1,340.74
    -55.79 (-4.00%)
     
  • S&P 500

    5,100.54
    +52.12 (+1.03%)
     
  • Dow

    38,271.84
    +186.04 (+0.49%)
     
  • Nasdaq

    15,904.93
    +293.17 (+1.88%)
     
  • Gold

    2,352.40
    +9.90 (+0.42%)
     
  • Crude Oil

    84.02
    +0.45 (+0.54%)
     
  • 10-Yr Bond

    4.6510
    -0.0550 (-1.17%)
     
  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     
  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     
  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Privacy, consumer groups seek to block Google-Fitbit deal

NEW YORK (AP) — Nine privacy, social justice and consumer groups are calling for the U.S. government to block Google’s $2.1 billion acquisition of fitness-gadget maker Fitbit, citing antitrust and privacy concerns.

They say in a Wednesday letter to the Federal Trade Commission that the deal would consolidate Google’s dominance over internet services like search, advertising and smartphone operating systems.

They also worry it’ll add to Google’s store of consumer data. Health information is of particular concern. Google has hired health care executives, hinting at a health-data business to come.

Politicians and regulators have been scrutinizing Google and other Silicon Valley companies for how they use customer data and leverage their size to thwart competitors.

Google didn’t immediately respond to a request for comment.