Google fined $2.7B
The European Commission announced
that it has fined Google €2.42 billion ($2.7 billion) for breaching
EU antitrust rules by abusing its market dominance as a search engine to
give an illegal advantage to its comparison shopping service. Google issued
a statement
saying it disagrees with the decision and is considering an appeal.
View closes $200M financing
View,
the maker of tint-changing “dynamic glass” for buildings,
announced that it has closed a financing round of over $200 million that
includes $70 million from BlackRock. Milpitas, Calif.-based View says its
glass has now been installed across 20 million square feet of
buildings.
Teespring sees valuation
shrink
Beleagured tee shirt sales platform
Teespring isn’t folding up, but it has shrunk. The company, which is
backed by high profile investors including Y Combinator, Andreessen
Horowitz, and Khosla Ventures, underwent a stiff round of layoffs weeks ago
and is now closing a new financing at a much lower valuation than previous
rounds, Crunchbase
News reports. (For more stories, follow @Crunchbasenews
on Twitter.)
Apple said to buy
eye tracking company SMI
Apple has quietly acquired Germany’s
SensoMotoric
Instruments (SMI), a developer of eye tracking technology, according to
a MacRumors report
citing documents and an anonymous source.
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