Google’s Android Target of New Antitrust Complaint
BRUSSELS — A group of companies led by Microsoft have called on European authorities to launch an antitrust investigation into Google‘s dominance of mobile Internet usage on smartphones. The “FairSearch” initiative of 17 companies — which includes Microsoft, Nokia, and Oracle — claims Google is acting unfairly by giving away its Android operating system to mobile device companies on the condition that the U.S. online giant’s own software applications like YouTube and Google Maps are installed and prominently displayed. “Google is using its Android mobile operating system as a Trojan horse to deceive partners, monopolize the mobile marketplace, and control consumer data,” said Thomas Vinje, the group’s Brussels-based lawyer. (MORE: Was Instagram Really Worth $1 Billion?) Android operating systems are installed on about 70 percent of new smartphones, according to analyst estimates, handing Google the largest market share worldwide, followed by Apple‘s iOS platform. Systems ...
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U.S. ‘Hacker’ Crackdown Sparks Debate Over Computer Fraud Law
In June 2010, Andrew Auernheimer, a well-known Internet security expert, discovered a gaping hole in AT&T’s website that exposed 114,000 email addresses belonging to the wireless giant’s Apple iPad customers. After a colleague downloaded the data, Auernheimer passed the information to a journalist at the wesbite Gawker. The episode was a major embarrassment for AT&T because the list included thousands of high-profile individuals, including New York City Mayor Michael Bloomberg and then-White House chief of staff Rahm Emanuel. AT&T quickly patched the hole. The FBI promptly launched an investigation, and last November, Auernheimer was convicted of two felony counts under the Computer Fraud and Abuse Act (CFAA), a 1980s-era law originally designed to punish and deter intrusions into government and financial industry computer systems. His colleague, Daniel Spitler, pleaded guilty last year. On Monday, Auernheimer, 27, was sentenced to 41 months in prison and ordered to pay $73,000 ...
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Google and IBM Post Strong Earnings as the Tech Sector Heats Up
Technology titans Google and IBM delivered surprisingly strong earnings results Tuesday, in a positive sign for the tech sector following several quarters of lackluster performance across the industry. Google showed progress addressing one of its key challenges: the steady migration of users to mobile search, which generates less ad revenue for the company than desktop search. Google reported strong revenue growth, in a sign that the overall online advertising market keeps growing, as marketers continue their seemingly inexorable shift away from traditional ad platforms — including print — and toward Internet advertising. Google shares soared 5% after the results were announced. IBM reported record profits, driven by the company’s ongoing, decade-long transition toward software and services, as net income increased by 6%. IBM’s results were propelled by what CEO Ginni Rometty called “higher-value businesses,” including cloud computing and data analytics. Because of IBM’s vast ...
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Amazon takes up whispering in class
Thursday, October 18, 2012 - 04:28 David McNew/Getty Images Press a button and your students suddenly have new textbooks in their hands. Amazon thinks it can do this using its Kindle electronic reader. Teacher's fantasy: Press a button your students suddenly have new textbooks in their hands. Amazon thinks it can do this using its Kindle electronic reader. The company has just unveiled something called Whispercast , a free wireless system that lets a teacher's Kindle communicate with student tablets and new books materialize from the ether. Amazon hopes to use this to gain a foothold in the education market where Apple has a head start. Unlike the free-for-all that is the internet, Whispercast is about control. You can block Facebook andTwitter, important for schools," says Brian Barrett, managing editor of the tech news site Gizmodo . "You can make sure that no purchases can be made from the device. You can regulate the Internet so that only approved websites are visited." Amazon isn't ...
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PODCAST: McDonald's gets the boot, housing starts hit a new roof
Wednesday, October 17, 2012 - 09:22 Joe Raedle/Getty Images After 20 years, McDonalds is being evicted from its location in the upscale Galleria Vittorio Emanuele in Milan. Nike said this morning it has severed its endorsement deal with Lance Armstrong. Armstrong also says he is stepping down as chair of the Livestrong cancer charity he founded. He says he doesn't want the doping allegations against him to distract from its mission. Markets are up in Europe after Moody's kept its credit rating for Spain right where it was . Spain has also been sending increasing signals it will ask for a bailout. A major Spanish index, the IBEX 35, ended the day up 2.3 percent. New construction on apartments and single family homes reached the highest point in September in more than four years . New mortgage applications for home purchases were lalso up last week. Bank of America reports an official quarterly profit of essentially "nothing-per-share." The bank got hammered by a legal settlement related to ...
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