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 ...
Used Bulldozer? Cat's Got It
Caterpillar recently bought a minority stake in Cat Auction Services, an auction business for used heavy equipment. But it has a long way to go to catch up to market leader Ritchie Bros.
Google and Privacy: 6 EU Countries Take Action
European Carriers' Two-Front Battle
Europe's major airlines, battered by competition at home and from abroad, are attempting to turn the tables on their upstart rivals by sharpening their discount short-haul offerings while enhancing their long-haul services.
US Economy Expands at 0.4 Percent Rate
WASHINGTON — The U.S. economy grew at a slightly faster but still anemic rate at the end of last year. However, there is hope that growth accelerated in early 2013 despite higher taxes and cuts in government spending. The economy grew at an annual rate of 0.4 percent in the October-December quarter, the Commerce Department said Thursday. That was slightly better than the previous estimate of 0.1 percent growth. The revision reflected stronger business investment and export sales. Analysts think the economy is growing at a rate of around 2.5 percent in the current January-March quarter, which ends this week. Steady hiring has kept consumers spending this year. And a rebound in company stockpiling, further gains in housing and more business spending also likely drove faster growth in the first quarter. The 0.4 percent growth rate for the gross domestic product, the economy’s total output of goods and services, was the weakest quarterly performance in almost two years and followed a much ...