Google Ordered to Remove Video and 2 Hot Stocks Buzzing Today
Google’s (NASDAQ:GOOG) head of of Brazilian operations, Fabio Jose Silva Coelho, has been detained by the Federal police because Google failed to implement a court order to remove certain videos that criticised a local electoral candidate. In another matter, Google was ordered by a judge to take down the “Innocence of the Muslims” video or face a fine of 10,000 Brazilian reais per day. it may be recalled that executives of Chevron (NYSE:CVX) and Transocean (NYSE:RIG) were recently hauled up regarding an oil spill.
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Microsoft (NASDAQ:MSFT) could end up paying fines of up to 10% of its fiscal 2012 turnover for not implementing a 2009 EU ruling that it should provide a choice of browsers to its customers. Microsoft had actually conceded its error in July and sendit was distributing software with the proper browser options. According to EU Competition Commissioner, Joaquim Almunia, the Commission is set to launch formal charges against Microsoft.
According to a report in the New York Post, McDonald’s (NYSE:MCD) will soon launch a customised TV channel dubbed the “M Channel” at its restaurants which will serve local news, entertainment and sport events.
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