Already under investigation for antitrust in Europe, Google could face a
broad parallel investigation of its dominant search business in the US by the
Federal Trade Commission, Bloomberg said Monday quoting two unidentified
people “familiar with the matter.”
The FTC is reportedly hanging back waiting for the Justice Department to
decide if it’s going to challenge Google’s proposed $700 million
acquisition of ITA Software, which provides the data for online airline
tickets, a purchase it’s been reviewing since last July.
Depending on the DOJ’s decision, Bloomberg suggested the two agencies might
negotiate for who leads the Google probe.
Microsoft filed a formal complaint with the Europe Commission last week
charging Google with unfair competition in search, online advertising and
Last week Google and its infamous Buzz social network service also... (more)
Oracle Keynote at Cloud Expo
Cloud Computing Expo - Oracle expects the European Commission to wave its
acquisition of Sun through next month MySQL and all without any annoying
Oracle president Safra Catz, who’s been wrestling with the EC, said so when
the company posted its fiscal second-quarter results Thursday, another reason
Oracle’s going to have a Merry Christmas.
Catz took a bunch of Oracle users to an EC hearing a week ago to buttress the
company’s claims that the EC had put words in users’ mouths to support
the theory of harm it manufactured to try to stop Or... (more)
Google got its way. The Justice Department isn’t going to oppose its $700
million acquisition of ITA Software, which provides the data for airline
tickets to airlines and online travel companies, a purchase the agency has
been reviewing since last July. But unlike Google’s equally opposed $3.2
billion acquisition of DoubleClick, the display ad house, in 2008 or its $750
million acquisition of AdMob, the mobile ad company, last year, the DOJ put
strings on this one.
Google had to sign a consent decree agreeing to government-monitored
compulsory licensing to ensure that competitor... (more)
MySQL Session at Cloud Expo
Oracle’s reaching out to customers to defend its acquisition of Sun and its
MySQL open source database has spooked alienated MySQL creator Monty Widenius
and his spokesman Florian Mueller, both of them enriched by Sun’s billion
dollar purchase of MySQL last year, into calling for “open war” between
the MySQL community and Oracle.
Oracle has accused the European Commission, which is blocking its acquisition
of Sun because of MySQL, of twisting the results of its antitrust
investigation to suit its own MySQL bias by misrepresenting, cherry-picking
or ig... (more)
Intel didn’t wait for its scheduled mid-quarter update on December 4. It
came out after the market closed this evening and said business stinks. It
took down its fourth-quarter projections. The company now expects Q4 revenue
to be $9 billion, plus or minus $300 million, over 10% lower than its
previous guidance of somewhere between $10.1 billion and $10.9 billion.
The news from the critical bellwether is expected to cast a big black pall
over the entire industry.
Intel said revenue is being impacted by significantly weaker-than-expected
demand in all geographies and market segmen... (more)