Friday, June 24, 2011

Feds Launch Probe of Google

Federal regulators are poised to hit Google Inc. with subpoenas, launching a broad, formal investigation into whether the Internet giant has abused its dominance in Web-search advertising, people familiar with the matter told the Wall Street Journal.

On today's digits: the FTC is poised to serve Google with subpoenas as the Commission looks to explore the company's dominance on the Web; Walt Mossberg gives us his review of the Google entirely cloud-based laptop, the Chromebook; and, tips for creating protective passwords (first step: stop using "QWERTY", maybe?)

The civil probe, which has the potential to reshape how companies compete on the Internet, is the most serious legal threat yet to the 12-year-old company, though it wouldn't necessarily lead to any federal allegations of wrongdoing against Google..
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Read more about it at:
http://online.wsj.com/article/SB10001424052702303339904576403603764717680.html?mod=WSJ_business_whatsNews

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