Google defended
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SEOUL, South Korea Google chairman Eric Schmidt on Tuesday defended his company as a great innovator despite allegations from Apple co-founder Steve Jobs that the Internet search giant stole ideas from the iPhone. Schmidt mourned Steve Jobs’ death but defended Google as a great innovator despite the Apple co-founder’s allegations that… – Source
No preferential treatment to Motorola
Asia is home to Samsung Electronics Co, the worlds biggest vendor making mobile devices using Googles free Android software. Googles 12. 5 billion acquisition of Motorola, announced in August, raised concerns Google may become a key rival of Android licensees. In general, with all of our partners, we told them that… – Source
Google’s Antitrust Message
The key antitrust issue being investigated is whether Google is abusing its market dominance by displaying its own sites in lieu of competitors’ sites. At one point during the hearing, Mike Lee, the ranking Republican on the antitrust subcommittee, said, When I see you magically coming up third every time …… – Source
Facebook’s Massive Announcement
Instagram, the iPhone app that allows users to take snapshots, imbue them with retro colors and effects, and share them with friends, has been a big success, and it's rumored that Facebook wants a piece of the action, says Jacobsson Purewal. Facebook may "unveil a media platform that will allow people… – Source
Monopoly Google?
Google chairman Eric Schmidt admitted to a US Senate antitrust panel that the search giant is in [the] area of a monopoly at a hearing yesterday, saying it had learned from Microsofts antitrust mistakes and insisting that the two companys situations were very different. – Source
Google quietly launched its Google Wallet
Google quietly launched its Google Wallet service on Monday, allowing Sprint customers with Samsung Nexus S smartphones and a Citibank MasterCard to buy products with a wave of their phones. (The service is expected to expand to other credit card companies and wireless providers relatively soon. ) Google Wallet uses an… – Source
AOL, Yahoo, and Microsoft become AD partners
Although Yahoo, Microsoft, and AOL compete with each other for advertising dollars, the three technology companies have agreed to start selling some of each other’s ad inventory. Instead of selling “left-over” display advertising inventory to ad networks, Yahoo, Microsoft, and AOL will now sell the remaining inventory to each other. Although… – Source
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