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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
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Google Just Got More Time to Reply to EU Antitrust Charges on Android

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September 8, 2016, 5:52 AM ET
A woman hovers a mouse over the Google and European Union logos in Sarajevo
A woman hovers a mouse over the Google and European Union logos in Sarajevo, in this April 15, 2015 photo illustration. The European Union accused Google Inc on Wednesday of cheating competitors by distorting Internet search results in favour of its Google Shopping service and also launched an antitrust probe into its Android mobile operating system. REUTERS/Dado Ruvic - RTR4XG8SPhotograph by Dado Ruvic — Reuters
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Alphabet’s Google has been given two more weeks to counter EU antitrust charges that it uses its dominant Android mobile operating system to block competitors, the European Commission said on Thursday.

The EU competition enforcer in April accused the U.S. technology giant of harming consumers because of its demand that mobile phone makers pre-install Google Search and the Google Chrome browser on their smartphones to access other Google apps.

Google (GOOGL) was initially given until July 27 to respond to the charges but asked for an extension to Sept. 7.

“On Android, the last deadline set by the Commission for Google’s reply, after an extension request by Google, is Sept. 20,” a European Commission spokesman said in an email.

 

Google can be fined up to $7.4 billion or 10% of its global turnover if found guilty of breaching EU rules.

It also faces charges of favoring its shopping service over those of rivals in Internet search results and blocking competitors in online search advertising.

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