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Google Hit With Third EU Antitrust Fine

Google is under more pressure in the U.S. than ever for its size and practices, and its longtime foe, the European Commission, isn’t letting up on the search giant, either. European regulators fined Google $1.7 billion Wednesday for abusing its dominant position in online search advertising. It’s the third time the EU has fined the U.S. company for competition violations, for a total of more...

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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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