EU fines Microsoft 733 million for browser choice breach
The European Union imposes a 733 million dollar penalty on Microsoft for failing to honor a 2009 pledge to offer Windows users a choice of browsers. Brussels says the violation spanned from 2011 to 2012 across about 15 million Windows 7 installations.
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Toyota taps outside director for first time in 76 years
Toyota Motor Corp appoints Mark Hogan former GM executive to its board effective April 1 as part of a regional strategy overhaul. The move follows recalls and leadership changes aimed at boosting transparency and responsiveness across North America, Europe, and emerging markets. Hogan joins Ikuo Uno and Haruhiko Kato as outside directors while James Lentz will lead the North American region.
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Smucker's Joins Olympics Sponsorship Deal
The USOC signed a deal with J.M. Smucker, maker of Smucker's jelly and peanut butter, to support athletes for the Sochi and Rio Games. The agreement extends through 2016 and stems from Smucker's long relationship with U.S. Figure Skating. Lisa Baird called Smucker's a market leading brand the committee values.
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