The French authority is clearly not messing around when it comes to making sure Google deals fairly with the media sector. This latest fine comes on top of a previous $542 million penalty for similar shenanigans.
In a surprising revelation, Aravind Srinivas, CEO of the AI-powered search engine Perplexity, admitted that his company incorporates website ranking signals from both Google and Microsoft's Bing search engine.
Raised $1 million FEN Ventures alongside a group of angel investors, including the founders of Cornershop, as well as VCs such as Cristóbal Piñera of Daedalus and Salvador Said of 30N, who invested personally.
The company has doubled its investment in Mexico for 2024, increasing its commitment to the country – where they are experiencing the highest growth – to approximately $2.45 billion.