Customers at an apparent Apple Store in the Chinese city of Kunming berated staff and demanded refunds after the shop was revealed to be an elaborate fake, sparking a media and Internet frenzy. Staff were also angry at the unwanted attention after more than 1,000 media outlets picked up the story and pictures of the store from the BirdAbroad blog. Apple declined to comment on the fake store or others like it dotted around China.
U.S. antitrust regulators started a formal investigation into whether Google abuses its market power by favoring its own services over those of rivals in online searches and through other practices. The company has been accused of anticompetitive practices by other companies doing business online. “It’s still unclear exactly what the FTC’s concerns are, but we’re clear about where we stand,” Google said on its official blog. “Since the beginning, we have been guided by the idea that if we focus on the user all else will follow.”
Google will receive the civil equivalent of a subpoena from the U.S. Federal Trade Commission as part of a probe into the Web giant’s Internet search business, the Wall Street Journal reported, citing people familiar with the matter. The FTC plans to send the civil investigative demand with a request for more information, the civil equivalent of a subpoena, within five days, according to the report. U.S. antitrust regulators have been concerned about Google’s dominance of the Web search industry, and the giant Internet company has been under investigation by the European Commission since last November.
Apple’s iPhone 5 isn’t expected to hit the market until Christmas or early next year, according to Business Insider’s Jay Yarow. Avian Securities said in a note, based on conversations with a “key component supplier” to Apple, that the the iPhone 5 should go into production in September and that Apple could also be developing a lower price/lower spec iPhone model, Yarrow writes.