Reuters Stories May 16

GOOG: 716.49

Stock Chart

We had heard that the EU was planning to levy a substantial fine on Google for its alleged favoring of its own services in search over those belonging to competitors last year already, and the Telegraph is reporting that the European Commission is now estimating a hefty €3 billion ($3.4b) tag… expand full story

Reuters Stories July 18, 2014

Students walk out of a showroom at the headquarters of Samsung Electronics in Seoul

Reuters reports that almost 200 Samsung managers have “voluntarily” handed back a quarter of their first-half bonuses in anticipation of what is expected to be the company’s worst quarterly profit for two years.

The decision to return some of the bonus was partly a gesture to demonstrate that managers are taking responsibility for the earnings decline, and partly a way to show that management will work harder, the source told Reuters on Friday, declining to be identified due to the sensitivity of the matter.

expand full story

Reuters Stories July 10, 2014

Earlier today, access to Google’s variety of web services was finally restored in China, after weeks of them being offline. This evening, however, Reuters reports that once again, the Mountain View company’s services are being disrupted in China. This includes tools such as Google Search, Maps, Gmail, advertising services, and more.

expand full story


Reuters Stories July 2, 2014

Update: The WSJ reports that Google agreed to block access to the email, and advised that it had not been read

According to a new report from Reuters, investment banking firm Goldman Sachs is taking legal action against Google over an email that it accidentally sent to the wrong address. The report claims that a Goldman Sachs employee was sending an email, but instead of putting the correct ending, the employee put, which in turn caused the email to be sent to a total stranger.

expand full story

Reuters Stories May 15, 2014

Chinese smartphone maker Xiaomi, the company which specialises in imitating Apple’s marketing for its Android handsets, has launched its first tablet, reports Reuters – and it’s an iPad mini clone. The company has even named it the Mi Pad …

expand full story

Reuters Stories May 13, 2014

The European Union Court of Justice (ECJ) has ruled that individuals have a right to require Google to remove sensitive information from search results, reports Reuters.

The ruling […] came after a Spanish man complained to the Spanish data protection agency that an auction notice of his repossessed home on Google’s search results infringed his privacy […]

Google says forcing it to remove such data amounts to censorship.

The ruling reflects a 2012 proposal by the EU known as the “right to be forgotten,” in which it was argued that even accurate information may become “outdated or irrelevant” after a period of time has elapsed …  expand full story


Submit a Tip


Submitting a tip constitutes permission to publish and syndicate. Please view our tips policy or see all contact options.

Powered by VIP