Google formally rejects EU antitrust charges

Google on Thursday formally dismisses European Union antitrust charges of unreasonably advancing its shopping administration and blocking rivals in online hunt publicizing, preparing for EU controllers to govern one year from now on these issues and conceivably force heavy fines.

The U.S. innovation mammoth’s reply in the shopping case came six years after the European Commission opened an examination provoked by dissensions from adversaries, for example, Microsoft and a large group of European and U.S. rivals.

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Hyperloop One plans to raise $160 Million for Aggressive Expansion Plans

Hyperloop One has received $50 million in investments and plans to raise $160 million for aggressive expansion plans.

The company will need that money because the cost of the super-fast transport system may greatly exceed initial estimates, Forbes revealed. Back in 2013, Elon Musk optimistically estimated that Hyperloop would cost around $11.5 million a mile to build, but Hyperloop One documents obtained by Forbes mention a cost of $121 million a mile; or over 10 times Musk’s estimate.

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