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Google opening smartphone wallets

Google has opened its smartphone wallet to the public. Shops taking part in the program began letting people pay for purchases with taps of Nexus S 4G smartphones from US telecom carrier Sprint. “With Google Wallet, you can tap, pay and save using your phone and near field communication (NFC),”…

Google under scrutiny over search dominance

Google’s executive chairman Eric Schmidt will take center stage at a Senate hearing Wednesday into whether the Internet giant is abusing its dominant position in online search. The Mountain View, California-based Google has drawn increasing scrutiny from US and European regulators as it has grown over the years from a…