Daily wrap up - August 3 - Tech
FTC to press on with Apple-Google board probe
The U.S. Federal Trade Commission said it will continue to investigate the relationship between the boards of Apple Inc and Google Inc, after Google's chief quit Apple's board on Monday. Read Full Article here.
Eric Schmidt leaves Apple board on 'potential conflicts'
Eric Schmidt, chief executive officer of Google, announced his resignation from Apple's Board of Directors due to potential conflicts as the two tech giants compete in similar markets. Schmidt has served as a member of Apple's board since August 2009. Read Full Article here.
Microsoft's Bing gains another 1 percent of U.S. search
Microsoft increased its share of the U.S. Internet search market by another 1 percentage point in July, taking its combined share with new search partner Yahoo to 20.36 percent, according to data released on Monday. Read Full Article here.
Yahoo to focus on display ad, content businesses: report
Yahoo Inc , which last week announced a Web search deal with Microsoft Corp , will invest money from reduced marketing and infrastructure costs into its display ad, content and mobile services technology, its chief executive Carol Bartz told the New York Times in an interview. Read Full Article here.
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