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PriceRunner sues Google for $2.4bn

  Bloomberg Alphabet Inc’s Google is being sued by Nordic price comparison provider PriceRunner AB for about $2.4 billion at Stockholm’s patent and market court. The lawsuit follows the conclusion of a legal ruling in the European Union that established Google has breached antitrust laws by manipulating search results in favour of its own comparison-shopping services, PriceRunner said. “This is ...

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Microsoft in talks to buy security firm Mandiant

  Bloomberg Microsoft Corp is in talks to acquire cybersecurity research and incident response company Mandiant Inc, a deal that would bolster efforts to protect customers from hacks and breaches. The deliberations may not result in an offer, said the people, who asked not to be identified because the talks are private. Mandiant and Microsoft declined to comment. Mandiant shares ...

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China state funds’ support gives hope for wounded stock market

  Bloomberg Chinese state-backed funds’ intervention in domestic stock markets is rekindling hope that a bottom is near for the nation’s battered equities. The CSI 300 Index ended down just 0.6% at the close, paring an earlier slump of 2.4%, which was its biggest intraday drop since August. State-related funds entered the market to buy local shares in the afternoon ...

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