After all of the bile that has passed between the European Union and Microsoft (MSFT) over Redmond’s monopolistic behavior in the region, the two may now be bedfellows.
The European Commission, a branch of the EU, has been trying to build its own "Google (GOOG) killer", not wanting the US to dominate one more key arena of the tech world. The governing body has contracted with Fast Search & Transfer, a company which Microsoft is buying, to "lead Pharos, short for Platform for Search of Audiovisual Resources Across Online Spaces, a publicly funded project designed to develop technology geared to help businesses better search multimedia files," according to MarketWatch.
It may be that the EU and Microsoft have found a common goal in wanting to beat back Google so that it does not come to dominate the worlds of search, wireless devices, desktop software, and green energy.
Now that Google is the one with the monopoly, why shouldn’t Microsoft get a little help from the government?
Douglas A. McIntyre
Take Charge of Your Retirement: Find the Right Financial Advisor For You in Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding professional guidance—and we’ve made it easier than ever for you to connect with the right financial advisor for your unique needs.
Here’s how it works:
1️ Answer a Few Simple Questions
Tell us a bit about your goals and preferences—it only takes a few minutes!
2️ Get Your Top Advisor Matches
This tool matches you with qualified advisors who specialize in helping people like you achieve financial success.
3️ Choose Your Best Fit
Review their profiles, schedule an introductory meeting, and select the advisor who feels right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.