Mid-Day Minute - August 4 Tech
FTC Probing Apple-Google Links
The resignation of Google's chief executive Eric Schmidt from Apple's board of directors may not be enough to satisfy the Federal Trade Commission, which plans to continue its ongoing investigation into the close relationship between the two tech giants. Read Full Article here.
Google takes on Microsoft in ad campaign
Google launched an advertising campaign on Monday in an effort to lure business customers off Microsoft Office and on to Google Apps, the latest move in an escalating multi-front war between the two companies.
Market dips on caution, profit-taking
U.S. stocks slipped on Tuesday, weighed by profit-taking in some of the shares that propelled Wall Street to a nine-month high. Investors took the opportunity to sell winning shares in the technology, materials and energy sectors after Monday's run-up extended the benchmark S&P 500's rally of nearly 48 percent since early March. Read Full Article here.
© Copyright IBTimes 2024. All rights reserved.