Google hit with record €2.4 billion fine for manipulating search results

PanARMENIAN.Net – Google has been hit with a record-breaking €2.42 billion ($2.7 billion) fine by the European Union for breaking antitrust law. The decision follows a seven-year investigation into the US search giant’s shopping comparison service, which ended with the judgement that Google had “abused its dominant position by systematically favoring” its own services. The […]

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Airbus to upgrade A380 superjumbo to boost sales

PanARMENIAN.Net – Europe’s Airbus plans to upgrade its A380 superjumbo with fuel-saving wingtip devices, or winglets, in an effort to boost slow sales of the mammoth jet, two people familiar with the matter said on Friday, June 16, according to Reuters. The latest modifications to the world’s largest airliner will be announced at next week’s […]

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