HomeEurope News – Portman Square Capital, Microsoft, United States, Beppe GrilloBusinessEurope News – Portman Square Capital, Microsoft, United States, Beppe Grillo

Europe News – Portman Square Capital, Microsoft, United States, Beppe Grillo

Exclusive: Hedge fund Portman Square scales back, CEO steps down – sources
The chief executive of one of Europe’s most talked-about new hedge fund firms has stepped down in a bid to save costs after a big investor pulled its support, people familiar with the situation said.
http://feeds.reuters.com/~r/reuters/businessNews/~3/SuwTCoLrka0/us-portmansquare-hedgefund-idUSBRE9251IA20130306

Microsoft’s European Fine Comes in an Era of Browser Diversity
Today the European Commission fined Microsoft €561 million ($732 million) for failing to live up to a previous legal agreement. As the New York Times reported it, “the penalty Wednesday stemmed from an antitrust settlement in 2009 that called on Microsoft to give Windows users in Europe a choice of Web browsers, instead of pushing them to Microsoft’s Internet Explorer.” The original agreement stipulated that Microsoft would provide PC users a Browser Choice Screen (BCS) that would easily allow them to choose from a multitude of browsers.
http://www.forbes.com/sites/forrester/2013/03/06/microsofts-european-fine-comes-in-an-era-of-browser-diversity/

US stock market isn’t the only one racing ahead
U.S. stocks are not alone in racing ahead this year. Many markets in Europe and Asia are trading at multi-year highs, too, in part because of Wall Street’s rally.The advances in some places have been surprising, …
http://us.rd.yahoo.com/finance/news/rss/story/SIG=14duh168u/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12a3mpeob/*http%3A//finance.yahoo.com/news/us-stock-market-isnt-only-214342587.html?l=1

Europe’s jobless crisis deepens
For Europe’s unemployed millions, 2013 has started where last year left off.
http://rss.cnn.com/~r/rss/money_latest/~3/g5Y5eHi_eHU/index.html

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