The five-years patent lawsuit battle between Microsoft and Google had finally come to an end after both companies agreed to drop the lawsuit for an undisclosed amount. The announcement was made by in a joint statement from the two companies.
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No role of nationality in antitrust probe: EU antitrust chief
Ruling out North America's claim that European antitrust authority is going in an anti-US bias in dealing with Google and Apple, the European Competition Commissioner (ECC) Margrethe Vestager has termed it as a misleading notion of the world's largest economy. Vestager has been criticized in the US media for her role in opening multiple cases against the US corporate giants Google, Apple, Amazon and Starbucks during the past one year. Vestager has become the target of the US media as European regulators are protecting EU companies from the US competition.
Entrepreneurs' Financial Checklist
Entrepreneurship is a big jump for someone to pursue rather than having the normal working hour. Besides focusing on the business aspect of the company, entrepreneurs also need to brush off in their financial apparatus as it will determine how well an entrepreneur could sustain his or her life. Hence, it is a wise decision for an entrepreneur to create a finance checklist for himself.
Amazon bans sale of Apple, Google streaming devices
Amazon is disallowing the sale of media-streaming devices from Apple and Google. In an e-mail to its marketplace sellers, the Web retailer says that after October 29, it will no longer sell Apple TV's and Google Chromecasts. "It's important that the streaming media players we sell interact well with Prime Video in order to avoid customer confusion," said Amazon in the e-mail.
Major French telecom groups are applying for 4G mobile spectrum auction
France will soon get a boost in internet speed as its telecoms regulator ARCEP announced on Tuesday that it had received applications for the upcoming 4G mobile spectrum auction.
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The United States court finally comes out with the verdict regarding Exxon Mobil Corp oil spill in 2013. The fine was issued by the U.S. pipeline safety office ordering the oil giant to pay a total of $2.63 million for spilling the crude oil in Arkansas residential Area.
Google invited some media personnel to introduce the prototype of the first Google self-driving car. Sergey Brin said they're looking for expert car makers in the industry to build the car.
Considering the adverse conditions being faced by the Brazilian oil and gas company, Petroleo Brasileiro Petrobras' price estimate has been revised down to $7.41 a share from $10.80.
The Federal Aviation Administration estimated around 1 million drones will be sold for Christmas this year. And it worries national authorities that it might cause accidents as many of them do not have the proper training to operate UAVs.
A lot of companies has been releasing new gadgets and update this past few months and Samsung is not far behind with their latest Smartwatch, the Gear S2. Samsung announced on Wednesday that the new Gear S2 Smartwatch will be available for the US customers starting on October 2nd.
The US stocks were beaten down adversely during the third quarter ended September as Wall Street recorded bleak performance in any quarter ever since 2011. Barring limited bargain buying, there was no much buying support in the market.
The lack of clarity about the US data and timing of interest rate hike have put further pressure on Asian stock markets. Several Asian stocks slipped into pressure on Friday trading ahead of the US data jobs report. Japan's Nikkei fell 1.7 percent for the week. The long holiday stretch for Chinese markets also resulted in sluggishness in the Asian market.
Good news to Aussie Facebook lovers. Nearby Friends, a feature from Facebook can now be used by our mates in Down Under to locate their friends along the neighborhood or vice versa.
Twitter is planning some improvements to grow its users and encourage posts. One of the plans includes taking off the 140-character restrictions. Twitter management wants to revamp the micro-blogging site. One feature they wanted to improve is the 140-character post limit. Though Twitter keeps mum about it, the news from Re / Code said it comes from a very reliable source.
