- GOOGLReuters•12 hours ago
Exclusive: EU wants Google to stop anti-competitive Android practices, fine expected
EU antitrust regulators plan to order Alphabet's (GOOGL.O) Google to stop paying financial incentives to smartphone makers to pre-install Google Search exclusively on their devices and warned the company of a large fine, an EU document showed. Google received a copy in April in which the European Commission accused it of using its dominant Android mobile operating system to shut out rivals. The EU competition enforcer in its charge sheet, known as a statement of objections, said it planned to tell the U.S. technology giant to halt payments or discounts to mobile phone manufacturers in return for pre-installing Google's Play Store with Google Search.
- BIDUInsider Monkey•13 hours ago
Harvard Management Is Bullish on China, Mexico: From Alibaba Group Holding Ltd (BABA) To America Movil SAB de CV (ADR) (AMX)
Harvard Management Company is, as one might deduce from its name, a fully owned subsidiary of Harvard University. Ironically, the fund is run by a Yale grad, Jane Mendillo. The firm manages not only more than half a billion dollars in U.S. traded equities, but also Harvard University’s endowment, the largest academic endowment in the […]
- MSFTBusiness Insider•14 hours ago
Microsoft bought Minecraft for $2.5 billion to make sure it's around for the next 100 years
When Microsoft bought Mojang, the makers of the insanely popular Minecraft, in a surprise $2...
