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Google Appeals Antitrust Fines in Europe

Google went to court in Brussels on Wednesday, arguing its appeal of a $2.6 billion fine levied by the European Union over alleged antitrust violations, Reuters reports.  A court ruling isn’t expected until next year, but the outcome of the case will color how Google search is viewed by the world’s toughest tech regulator. Meanwhile, American regulators are looking into Google’s advertising...

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The Investors Who Face Big Losses From the Quibi Collapse
The Investors Who Face Big Losses From the Quibi Collapse

On Wednesday, video startup Quibi told its investors that it will shut down, a dramatic collapse of a digital media startup that launched just six months ago. Now those investors—from Quibi CEO Meg Whitman to Google, Facebook and J.P. Morgan—are facing losses and figuring out what they may recoup from the flop.

Quibi revealed to investors Wednesday afternoon that, after paying ...

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