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Shlomo Wiesen
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My specialty is the hi tech sector- I work as an analyst in search engine optimization, so I have an acute understanding of some of the biggest companies in the world, all of whom use search technology in some way, shape, or form (Google, Microsoft, Apple, Twitter, Amazon, Facebook, & Yahoo).
My company:
Kahena Digital Marketing
My blog:
about.me page
  • Google Feeling The Heat 3 comments
    Nov 12, 2012 2:36 PM | about stocks: VRNG

    FTC chairman Jonathan Leibowitz is reportedly pressuring Google (NASDAQ:GOOG) to make an offer to settle the commission's antitrust investigation, or else face a formal complaint in the next few days. The FTC, which has been investigating Google for nearly 20 months, was reported last month to be in favor of filing an antitrust suit against Google over the misuse of its search dominance to promote other service.

    As a VRNG shareholder, this article only makes me smile. Might not be the most relevant to Vringo's suit, but pressure all around is always good.

    Disclosure: I am long VRNG.

    Stocks: VRNG
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Comments (3)
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  • Prescient Investment Analysis
    , contributor
    Comments (260) | Send Message
     
    Google is also having some international difficulties with foreign nations seeking to pass laws against two or three lines of content appearing in search results. The matter is ongoing in Europe, and also South America, if I remember correctly.

     

    Even though I have a stake in Vringo's success, it is hopeful that Google can continue to smoothly operate, profit, grow, and innovate. It is an important economic engine.
    12 Nov 2012, 04:33 PM Reply Like
  • Shlomo Wiesen
    , contributor
    Comments (223) | Send Message
     
    Author’s reply » I agree that they are an important economic engine, but it is important to pay up when they infringe. And if some outside pressure causes them to buckle in regard to Vringo, then by all means...buckle...
    13 Nov 2012, 06:45 AM Reply Like
  • Prescient Investment Analysis
    , contributor
    Comments (260) | Send Message
     
    I have no way of knowing what could happen.

     

    The recent settlement between Apple and HTC might have nothing to do with what happens in this case. The Wall Street Journal writes it up as having occurred after multiple legal setbacks. If Google operates similarly, it would probably take not only this trial, but a loss on appeal or at the USPTO before they would enter a mutual agreement to pay.
    13 Nov 2012, 11:17 PM Reply Like
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