Google-Safari deal likely to get OK
Posted on November 16, 2012 at 23:01 PM EST
Google-Safari deal likely to get OK ONLINE PRIVACYGoogle-Safari deal OK likelyA federal judge said Friday that she may approve Google's $22.5 million agreement with the U.S. Federal Trade Commission over claims the company improperly planted cookies on Apple's Safari Internet browser. Advocacy group Consumer Watchdog opposes the accord, saying it lets Google off too easily and suggests that a separate government antitrust enforcement action against the world's largest search engine company may lack teeth. Chernin founded the company in 2009 after leaving News Corp., where he held a variety of top positions, heading the media conglomerate's movie studio and television network operations. The companies have been exchanging proposals on using binding arbitration to reach a licensing agreement over patents that are essential to comply with industry standards on how phones operate. MICROCHIPSApplied Materials fallsApplied Materials, the world's largest producer of computer chip making equipment, forecast fiscal first-quarter sales and profit that fell short of estimates, a sign that some customers are holding off on expansion plans.
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