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Today's Technology Headlines
The head of the U.S. Federal Trade Commission, which has investigated Alphabet's Google in the past for abuse of web dominance, said on Wednesday he would take a close look at Europe's recent decision to fine the company 4.34 billion euros ($5 billion).

Hyundai sets up showroom on Amazon
Wed, 18 Jul 2018 14:10:12 -0400
Hyundai Motor Co said on Wednesday it will set up a showroom on Amazon.com that will help car buyers book test drives, check dealer inventories and compare pricing and reviews.

The CEO of America Movil, Latin America's largest telecommunications company by subscriber numbers, said on Wednesday that AT&T Inc's acquisition of Time Warner will do little to change the telecoms landscape in the region.

Google's antitrust cases in Europe
Wed, 18 Jul 2018 11:43:52 -0400
BRUSSELS - Alphabet unit Google was hit with a record-breaking 4.34 billion euro ($5.04 billion) fine on Wednesday, topping the 2.4 billion euros it was ordered to pay in another case last year.

The French government said on Wednesday that it welcomed the record 4.34 billion euros ($5 billion) fine imposed on Google by European Union regulators, with a government spokesman describing it as an "excellent decision".

Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.

Uber Technologies has hired an ex-adviser to former British prime minister David Cameron to lead the ride-hailing firm's lobbying efforts in northern Europe, less than a month after the company won a reprieve to operate in London.

Amazon.com Inc is in early talks to invest in Indian pharmacy chain MedPlus, Indian news website FactorDaily reported on Tuesday, citing sources.

Google says will appeal EU fine
Wed, 18 Jul 2018 09:15:12 -0400
Google said it will appeal against a record 4.34-billion-euro ($5.04 billion) fine levied by EU antitrust regulators on Wednesday over illegal restrictions on Android smartphone makers and mobile network operators.

EU Competition Commissioner Margrethe Vestager said she "very much liked" the United States, countering a reported remark by President Donald Trump that she "hated" the country because of her antitrust actions against U.S. firms.

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FINANCE NEWS
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Morgan Stanley's better-than-expected results on Wednesday capped a strong second-quarter earnings s...
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