for tornadoes. jon: seems like it to me. thank you. reporter: you bet. jenna: a fox business alert now, google is now taking fire from the european union of all places after claims the online search giant does not play fair with its competition. fox business network has this more on this antitrust investigation. what is going on there? reporter: basically what is happening is the rivals like microsoft get less prominent placement whether it s in the paid listings or unpaid listings. they say friends and family of google get their listings placed up top. if you re competing against google your listings will be on the bottom or the second or third page. they are calling foul. jenna: what could come out of this investigation. reporter: a big-time fine is potentially on the line here the eu says it could fine google up to 10% of the company s annual revenue. google earned $26 billion last
why is it that investors have soured a little bit on google. the new iphone is coming out. goog the hasn t caught on as well with the smart phones or with cell phones, either. it is the search giant, the search giant. i mean it does that better than anybody else and it is the biggest and best at that. but you re right, you look at apple shares over the same period as google shares, you see the divergence that s pretty interesting. as apple has managed to roll out the new gadgets one after the other. and stay in the stay in the headlines with its innovation and the things that it s been doing. so we re watching google here. i said it does have earnings next week. sometimes this is what happens when you re the biggest and the best at what you do. investors immediately are saying, okay, what next? show us what s next. until they can do that, they question. but the stock is up today, about .6%.
by connecticut democrat chris dodd has improved the financial reform bill designed to overhaul wall street s regulations. the bill would give government unprecedented powers to split up firms considered a threat to the economy and put together a council of regulators to watch for risks in the financial system. and the community organizing group a.c.o.r.n. is shutting down due to financial difficulties. it comes six months after a.c.o.r.n. employees were videotaped giving tax tips to conservative activists posing as a pimp and a prostitute. shortly after that scandal, congress voted to cut off all grants to the organization. the chinese government is slamming google for its decision to shut down its website there. instead, redirecting users to a search engine in hong kong. the move comes just two months after the search giant threatened to leave the country entirely over a dispute about hacker attacks. google s decision ends a nearly four-year effort to help bring
after the search giant threatened to leave the country entirely over a dispute about hacker attacks. google s decision ends a nearly four-year effort to help bring more information to chinese citizens and loosen controls on the internet. a.c.o.r.n. is shutting down due to financial difficulties. it comes six months after a.c.o.r.n. employees were videotaped giving tax tips to conservative activists posing as a pimp and a prostitute. shortly after that scandal, congress voted to cut off all grants to the organization. that s a quick look at the news. we ll be right back with rudy giuliani next on morning joe. ) we believe in giving every investor a lot more for a lot less.
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