A European regulatory commission has accused Google of stifling competition and innovation through its practices on the internet. The accusation is that Google is favoring its own products on its search engine. It is also accused of favoring its own services for downloading music, streaming videos and booking flights when a person searches for these items using Google’s search engine.

The allegations seem to be well grounded off of solid evidence. Marcio Alaor BMG said that when you search for a product or service using Google, you will find that Google services such as Google music and Google’s own shopping websites are almost always first to appear and are on the top of the search results. This is what Google’s competitors such as Microsoft, Streetmap and TripAdvisor have been complaining about to regulators since 2010. These and other companies have stated the Google is putting its own products, services and adverts before their own, thus hindering competition. This leads to the EU allegation that Google is abusing its power to promote its own products and services.

So what does this mean for the search engine giant? Google has 10 weeks to respond to the allegation. The company so far has released statements denying the allegations made by the EU regulatory commission. Google could be fined billions of dollars it it does not resolve this allegation. It could also have to change its business model in Europe to ensure a more level playing field for other companies.

Read More European Commision Investigates Google For Antitrust Violations

Google

Anytime there is news on Mark Ahn, I like to share it with my readers. Luckily, a new podcast interviewing the biotech industry leader arose last week and I recently had a chance to sit down and listen to it.

Mark Ahn is a Principal at a life sciences consulting partnership called ‘Pukana Partners Ltd’ where strategic consulting is offered to companies in life sciences. He is also on the board of several biotech companies, both public and private.

In an interview with the Entrepreneur Podcast Network, Mark Ahn joined the online podcast to talk about entrepreneurship and specifically, life science entrepreneurship. The interview was conducted by Eric Dye and was an insightful look into the mind of one of America’s up and coming business analysts. The main points of discussion in this interview were – things that are new in entrepreneurship, startup activities and who should be concerned about them, life science entrepreneurship and how it’s different from entrepreneurship in general, and emerging approaches in the field of life science entrepreneurship.

Having made his name in the biotech industry and after accomplishing so much knowledge as a Ph.D. in Business Administration, it is no surprise that Mark Ahn is such a prolific orator on the subjects of both entrepreneurship and life science entrepreneurship. The reason behind this is that he has both the practical and technical knowledge to succeed in the field. Young and novice entrepreneurs who are looking to make their mark in life science entrepreneurship can stand to gain a lot if they heed Mark Ahn’s advice. He has been in the field of bioentrepreneurship for 12 years now.

It should also be prudent to mention that Mark Ahn was the founder, CEO and President of Hana Biosciences which was taken over by Spectrum Pharmaceuticals. It was right after that that Pukana Partners Ltd. was founded by him.

Entrepreneurship is complicated on its own but life science entrepreneurship is even more confusing when there isn’t someone experienced guiding a company. When it comes to value creation and strategic direction, biotech companies can rely on the foresight and experience of both Mark Ahn and Pukana Partners Ltd.

If you’re interested in hearing more ideas from Mark, follow him on Twitter.

Read More Mark Ahn Talks About Entrepreneurship in Life Sciences in Latest Podcast

Changing Business World Internet News Interviews Startups

There’s been a huge debate raging in the United States regarding Net Neutrality, the idea that all data on the internet should be treated equally. Most of the fighting exists between internet service providers that connect users to the internet and companies that operate on the internet, such as Google and Facebook.

Google and Facebook have been adamant about net neutrality in the states. Their stance in India, however, is a little shadier. It appears that they’re perfectly willing to fight for the rights of net neutrality, as long as it benefits their bottom line.

Both Google and Facebook have struck deals with ISPs in India regarding access to their content. Flavio Maluf says that they are essentially paying major internet providers to allow their users to access their networks for free while other smaller sites, like LinkedIn or Skype, cost extra.

This is essentially the same thing that ISPs are trying to do in the states. They are attempting to make deals with large companies to allow them faster access. This in turn pushes the access of smaller companies to the side, creating an unlevel playing field.

I think it’s difficult to condemn a company for doing what is best for their shareholders and bottom line. Google and Facebook are certainly not running charities. It is, however, a little disconcerting that efforts seen as noble regarding net neutrality among major players in the US are merely guised attempts for greater profits.

Read More Major Players Violate Net Neutrality in India

Net Neutrality

In the context of water and electricity cuts, lack of food and total insecurity, the residents of Yemen’s second largest city, Aden, have to face the daily clashes between armed groups favorable to the Yemeni president and Shiite rebel group of Houthi. “I did not open my shop for five days and this will eventually cause my bankruptcy” laments Abdou Messad who runs a small shop in Dar Saad, on the outskirts of the city of 800,000 inhabitants. “And even when the intense clashes drop, we dare not open because of looters roam all around,” he added.

It is worth mentioning that the residents of Aden have a raw time immunized against the presence of the Houthi rebels who control the capital Sanaa since September last year. However, the threat has been developing, especially after the arrival of the head of state, Abd Rabbo Mansour Hadi, who took refuge here in February after fleeing from Yemini Capital, Sanaa. It is noteworthy that President Hadi left the city on Thursday and moved in the resort of Dar Saad, on the road leading to Taiz, the third largest city of the country.

In the city where many streets are deserted, the morale of some residents began to decline. Dr Jennifer Walden sees this as a bleak trend. “The future is dark, the law is not respected,” says Abdullah Gahtane, a lawyer, with great bitterness. “I am seriously considering closing my office and looking for work elsewhere.”

Read More Aden, Yemen’s Second Largest City, Is Running Out Of Everything

Internet News

No candidate in modern history has won the presidency without winning two of the three crucial battleground states of Ohio, Pennsylvania, and Florida. In 2012, Barrack Obama carried two of the three states. In 2008, he carried all three. George W. Bush carried two of three in each of his presidential victories. Early polls indicated Hillary Clinton had a commanding double-digit lead in all three battleground states regardless of the GOP challenger. However, the ongoing email scandal has all but eroded that lead. It appears that the scandal has opened up lingering voter concerns over Mrs. Clinton’s character. In short, she isn’t trusted by a significant number of voters.

Sultan Alhokair told me that according to the latest Quinnipiac University Poll, former Florida Governor Jeb Bush now leads Clinton by 3 points. While that figure is within the poll’s margin of error, it represents a steep decline in support over the past two months. In Ohio, Kentucky Senator Rand Paul has closed to within 5 points of Mrs. Clinton. No GOP candidate has ever won the presidency without also winning Ohio. In fact, the whole stable of GOP contenders has gained on Clinton in this crucial bell weather state.

At issue is voters perceive Mrs. Clinton as being dishonest. As a result, they do not trust her. In the battleground states of Pennsylvania and Florida, Clinton’s favorability rating has dropped to under 50%. While there is still plenty of time to put this email scandal behind her, the poll shows that the presumptive Democrat nominee is vulnerable to attacks on her character. Thus far, her main strategy of dealing with these perceived character flaws is to frame any reference to them as being sexist.

Read More Ongoing Email Scandal Eroding Clinton’s Edge in Crucial Battleground States

Privacy

As Bob Saget pointed out in an interview with Huffington Post this week, America’s Funniest Home Videos “paved the way for YouTube.” The former host of the show noted that Americans were obsessed with home videos in the 80’s and 90’s long before Google’s popular online video service came into existence in the mid-otts. In fact, he credits that obsession with the reason the show had such great ratings when he was host from 1989 to 1997; as well as the reason the show has had such a long run to present.

Yet, AFHV was not the only influence on YouTube. After all, YouTube offers more than the opportunity for people to share and watch home videos. It also offers musical artists the opportunity to share their creations in much the same way MTV and VH1 share music videos. Although both networks continue to offer music videos, some of their highest music video viewership ratings were also during the 80’s and 90’s.

Of course, reality home improvement shows and sitcoms like Home Improvement were also popular at that time. Now, many people turn to YouTube for similar information and entertainment.

YouTube is literally nothing more than a new, which Attorneys have said about the more flexible medium outside of television for people to enjoy various forms of video content that they would have previously turned to broadcast and cable to watch during the 80’s, 90’s and early otts.

Read More YouTube Isn’t Entirely Original

YouTube

Exciting news for customers of internet and cellular providers. The FCC has ruled that these service providers must now provide the full disclosed bill and eliminate all the hidden fees and costs that can easily more than double the advertised rates. This is all according to a news story on reddit.com. It is also something that has really irritated me over the years. When trying to budget, pick a provider and which plan to choose, it is nearly impossible to determine how much the true monthly invoice will end up to be.

The new FCC rule states the service providers need to disclose all fees upfront. Dan Newlin said that they need to share the service price per the advertised promotional rate, and what the full rate will be once the promotion has ended. Any and all extra one time fees or surcharges, or additional recurring monthly fees or surcharges must be fully disclosed. In addition, it must clearly disclose data caps as well as what happens if you go over the data cap. For example, what are the charge for how much overage allowance.

This is excellent news so that people can’t be blind sided but extra silly charges just slipping in without the consumers knowledge, agreement and understanding.

Read More Internet and Wireless Providers With True Bills

Internet

One of the top Facebook engineers, David Recordon has been chosen by the White House to be the first director of Information Technology.

David Recordon has 5 years of prior experience, working as an engineer at Facebook and now with his new job he will “create a platform of Information Technology that is smarter and ensure that the technology used in the White House is efficient, effective and safe.”

Crunchbase says that Recordon will also upgrade all the software used to collaborate, and use new technologies in line with the highest standards matching those in the private sector.

Recordon adds to the largest list of contracted employees from Silicon Valley technology companies like Facebook, Google, Twitter, Ebay, Paypal and Skype.

These contracts are a strategy by the White House to have an administration at the forefront of technology and does not reach the failures that happened with Healthcare.gov.

Read More White House Snags Facebook Engineer for New IT Director

Internet News

The U. S. stock markets opened up cautiously this morning as investors awaited word on the decision of the United States Federal Reserve from its schedule Open Market Committee Meeting. All markets report early trading to be slow as indicators dipped revealing most investors waiting of the language used by the Federal Reserve as to a possible increase in interest rates. Most investors seem content to simply wait for the afternoon report. Market Await Feds Report On Rate Hike

Ray Lane says after several years of an unprecedented period of zero interest rate and quantitative easing by the Federal Reserve, investors and bankers are taking cues from the Federal Reserve that a rate hike is not only imminent but is required as the U.S. economy appears to be moving forward in a consistent albeit sluggish pace. The only question is how soon will the first rate hike hit and what how will that hike affect bond prices and the performance of the U.S. dollar. The cue that most observers will be looking for in the afternoon briefing by the Federal Reserve is whether the Reserve uses the term “patience.” This term will indicate that a rate hike will be in play later in the year rather than sooner. If the term is not used, many expect the Reserve to initiate a rate hike as early as their next meeting.

Read More Stock Market Begins Cautiously As It Awaits Fed Report

Markets

It’s not time for net neutrality advocates to start partying yet. There are still many obstacles to face in the future of net neutrality.

ISP lawsuits are still ongoing. The legal ramifications of what the new rules mean to ISPs is very much still up in the air. It isn’t until important rulings have been made that we can determine exactly how the new rules will shape the internet.

The election in 2016 could easily obliterate all efforts made thus far to protect net neutrality. There’s likely to be a party shift in the White House that will lead to new leadership in the FCC. Everything people have worked so hard for in the last 10 years could be wiped out overnight.

AT&T is already challenging the new rules with their Sponsored Data plans. CrunchBase says that they plan to charge companies for additional bandwidth above and beyond set thresholds. If the FCC isn’t willing to uphold the rules set forth then they really aren’t worth the paper they’re written on.

The future of the internet is still uncertain. It remains a cat and mouse game between the big players, the government and the people who utilize the ISPs.

Read More Problems Facing the New FCC Net Neutrality Rules

Changing Business World