The Internet has managed to disrupt many industries, from publishing to music. So why not lending?
Google is teaming up with the nation's largest peer-to-peer lender. The search and tech giant is investing $125 million in Lending Club, which gets borrowers and lenders together outside the conventional banking system. Google's move and the actions of other big players reflect a growing interest in peer-to-peer lending.
Google has agreed to modify the way it displays search results in Europe as part of a deal to end a probe by the EU's antitrust body. But rivals Microsoft, Nokia and Oracle will first have to sign off on the changes, reports say.