Jul 22nd, 2009 - bizjournals
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Intel Corp. is appealing the record-setting antitrust fine that the European Union levied in May, saying that the fine violated the company's human rights, the Wall Street Journal reports.
The EU hit Intel (Nasdaq: INTC) with a fine of 1.06 billion Euros, about $1.5 billion, for offering rebates to computer-makers who chose Santa Clara-based Intel’s chips over those made by Advanced Micro Devices (NYSE: AMD), which is based out of Sunnyvale. The fine was the largest levied in a monopoly-abuse case.
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Google quarterly results fail to excite
Jul 16th, 2009 - Reuters
SAN FRANCISCO (Reuters) - Google Inc's (GOOG.O) quarterly profit beat Wall Street expectations, but the weak economy and slump in advertising spending took a toll on revenue growth and the price of its search ads.
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