Webwire: EC pushes Google; Nasdaq ups payout
The EC is reportedly pressing Google to make changes to Android, as part of a deal to dismiss an antitrust probe into the company's search business.
US stock exchange Nasdaq is upping its Facebook compensation fund by $22 million (€18.1 million) to $62 million, following criticism of its original repayment plan. The exchange is compensating brokers who lost money in the flotation of the social network.
Vodafone blames weakness in southern Europe and market regulation for a marginal fall in service revenues during 2Q12. Competitive price cuts also impacted the carrier’s earnings during the period.
Google’s latest Nexus tablet is turning consumers into construction experts, with many forced to tighten up screws when the device’s screen worked loose. Users have also reported dead pixels on the display of the seven-inch unit.
A global web security group aims to cut down on the number of cyber attacks originating in developing markets by predicting how attacks will evolve over the next eight years.
India's Reliance Communications has indefinitely postponed plans for a $1 billion (€826 million) IPO of its subsea cable unit in Singapore, blaming unfavorable market conditions.