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Obama Anti-Trust Chief on Google the Monopoly Threat 364

Posted by CmdrTaco
from the it-has-to-be-said dept.
CWmike writes "The blogosphere regularly excoriates Microsoft for being a monopoly, but Google may be in the cross-hairs of the nation's next anti-trust chief for monopolistic behavior, writes Preston Gralla. Last June, Christine A. Varney, President Obama's nominee to be the next antitrust chief, warned that Google already had a monopoly in online advertising. 'For me, Microsoft is so last century. They are not the problem,' Varney said at a June 19 panel discussion sponsored by the American Antitrust Institute, according to a Bloomberg report. The US economy will 'continually see a problem — potentially with Google' because it already 'has acquired a monopoly in Internet online advertising.' Varney has yet to be confirmed as antitrust chief, and she said all this before she was nominated. Still, it spells potentially bad news for Google. It may be time for the company to start adding to its legal staff."

China Malware War Gets Personal 35

Posted by ScuttleMonkey
from the fight-to-the-death dept.
bcaulfield writes to tell us Zhou Hongyi has filed a 3.6 million yuan ($450,000) defamation suit against Yahoo China. Hongyi, the former president of Yahoo China, filed his suit in response to comments made in a recent Yahoo press conference accusing him of unethical business practices. From the article: "A rift between Mr. Zhou and Yahoo China has been developing since before his departure from Yahoo last year, just prior to Alibaba's takeover of Yahoo's China operations. Mr. Zhou doled out generous bonuses to Yahoo employees in a ploy his detractors derided as a naked purchase of loyalties. Mr. Zhou defended the disbursements. 'Many of these people were longtime Yahoo employees, and they were under no obligation to follow me,' he said. 'It was my money to do with as I wanted.'" Update 08/20/2006 15:01 GMT by SM: Corrected the currency for the suit.

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