Large Google investor cuts stake amid shift to cheaper searches

(Reuters) - One of Google Inc's largest investors has cut its exposure to the company by nearly 29 percent over the past several months amid worries about a shift to cheaper searches on mobile phones. The $107 billion Fidelity Contrafund has cut its exposure to Google to 5.2 percent of net assets, as of Jan. 31. "The firm continued to do phenomenally innovative things, but it is fighting a shift away from desktop search to less-expensive searches on mobile phones," Fidelity Invest