What a week for Google (NASDAQ: GOOG ) (NASDAQ: GOOGL ) fans. Since Google announced fantastic second-quarter results on July 17, shareholders have watched the high-flying Internet search giant jump nearly 5% in value.
Google has been accused of giving preference to its own websites over others. In a settlement reached in February this year, the company agreed to tweak its search results in order to avoid a fine, which could have been equal to 10% of its global revenues.
The winning prize for the challenge is $1 million, courtesy of Google (GOOG), and the Institute of Electrical and Electronics Engineers, who have partnered to start this competition - which is now open for submissions.
Google Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) intended buying Spotify AB-a music streaming service towards the end of last year, but few issues stood as barriers, says a report from the Wall Street Journal citing a person familiar with the matter.