Posts Tagged ‘lawsuit’

Google, Search, and Competition

Gregory Ferenstein recently shared his opinion on Google, semantic search, and the future of competition on the internet. He writes, “In a 2005 interview, Eric Schmidt said that, ideally, a Google search should yield only a single, perfect result. ‘When you use Google, do you get more than one answer? Of course you do,’ he told public television host Charlie Rose at the time. ‘Well, that’s a bug. We should be able to give you the right answer just once. We should know what you meant. You should look for information. We should get it exactly right.’ Fast forward to Thursday, when the Federal Trade Commission (FTC) ended its two-year antitrust investigation into the search giant. The FTC found that, contrary to claims made by Google’s detractors, there was not sufficient evidence to show Google unfairly prioritized its own products in search results over those belonging to companies that offer competing services.” Read more

Shedding Light on Lawsuits Against Tech Entrepreneurs

Nova Spivack recently wrote an article describing a lawsuit waged against him by a shareholder in his former company, Radar Networks, the company behind Twine. Such lawsuits are commonplace amongst entrepreneurs, and Spivack offers advice to others in the same predicament. Spivack writes, “In a nutshell, this one shareholder, out of many that we had, has filed a lawsuit against many of the other shareholders, directors and our acquirer, to try to forcefully regain part of their investment. This kind of lawsuit is unfortunately not that uncommon when companies are sold, or shut down; It’s just not talked about that much.” Read more