Google Inc. asked a federal appeals court to reverse a lower court's order blocking online financial news service Theflyonthewall.com Inc. from issuing immediate reports of banks' stock upgrades and downgrades. The March ruling by U.S. District Judge Denise Cote in New York could impair the distribution of factual information over the Internet and have a negative impact on a wide variety of online services, Google, joined by Twitter Inc., said in a so-called friend-of-the-court brief filed with the U.S. Court of Appeals in New York.
- Read the article: Bloomberg
