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.
Nokia CEO Stephen Elop showed images of his company’s first phone running on the Windows phone OS. Codenamed “Sea Ray”, the phone appeared to be a near copy of Nokia’s N9 smartphone, unveiled earlier in the week.
The chairman of Yahoo voiced support for Chief Executive Carol Bartz, who has become a lightning rod for criticism as the company struggles with stagnant revenue growth and a rift with its Chinese partner. Yahoo’s efforts to mount a turnaround remain a work in progress, said Chairman Roy Bostock at the company’s annual shareholder meeting. But he said he was confident that the company was headed in the right direction and that Bartz had put Yahoo on a “clear path forward to accelerated revenue growth.”
Olympic rowing twins Cameron and Tyler Winklevoss decided not to appeal to the Supreme Court a ruling upholding their $65 million settlement with Facebook and its founder Mark Zuckerberg, signaling the possible end of the long-running dispute.
A hacker pleaded guilty to helping write malicious code that allowed him to breach AT&T servers and steal personal data belonging to 120,000 Apple iPad subscribers, U.S. prosecutors said. Daniel Spitler, 26, admitted to one count of conspiracy to gain unauthorized access to computers and one count of identity theft. Each count carries a maximum sentence of up to five years in prison and a $250,000 fine, the office of U.S. Attorney Paul Fishman said.