If you were hoping that Facebook's buyout of Instagram would wrap up quickly and let you directly integrate your heavily filtered photos into Timeline, you might be disappointed. Citing the ever-present "people familiar with the matter," the FT believes the Federal Trade Commission is orchestrating a competition probe. These kinds of investigations are common for most deals over $66 million -- we suspect the $1 billion Instagram pact qualifies -- but could add six months to a year to Facebook's originally planned spring closure date. The deal is still expected to go through, and you can keep tilt-shifting your photos to death in the meantime; just don't expect those shots to blanket friends' Facebook walls anytime soon.
Rumored FTC probe could delay Facebook / Instagram deal, Toaster filter will have to wait originally appeared on Engadget on Thu, 10 May 2012 15:20:00 EDT. Please see our terms for use of feeds.
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Google remains tied up in a censorship case with the Indian government, and things aren't looking rosy for the search giant in the interim period before its May 23rd court hearing. The Wall Street Journal reports that the Competition Commission of India is launching an antitrust investigation of Google to examine the company's alleged "discriminatory and retaliatory practices relating to AdWords." The antitrust probe follows a complaint from Consim Info Pvt. Ltd., an Indian web conglomerate which apparently requested that the Competition Commission step in to ensure fair competition in online advertising. The exact reach of this investigation is unclear; the commission will initially focus on AdWords, though it's keeping the door open for examining other Google services as deemed necessary. Hear that sigh? That, friends, is the sound of Google gearing up for one long Indian summer.
India launches antitrust investigation against Google originally appeared on Engadget on Mon, 07 May 2012 19:59:00 EDT. Please see our terms for use of feeds.
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