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Google Obtains Clearance For Motorola Mobility Deal (NASDAQ:GOOG)
Google’s acquisition of the cellphone maker Motorola Mobility has been approved by American and European antitrust regulators without formal conditions. Approval of the deal had been expected. The deal is worth $12.5 billion and would bring Google 19,000 new employees, a manufacturing enterprise, and a successful cellphone software business. The deal still needs a few more regional approvals...
Google Reports Strong Financial Results For Fourth Quarter (NASDAQ: GOOG)
Although Google posted strong quarterly results for the fourth quarter, the results did not meet analysts’ expectations and the company’s shares declined. The search giant posted record-breaking quarterly revenue of $10.58 billion, the company’s highest ever for a single quarter. Google is based in Mountain View, California.
Wall Street expected better results and shares of Google dropped...
Google Music Launched At Event In Hollywood (NASDAQ: GOOG)
Google Inc. has launched its new music service, Google Music, to compete with the music services offered by audio entertainment leaders, Apple Inc. and Amazon.com. Google Music allows consumers to access music from devices connected to the internet and share music that they like with their friends. To promote its new music service, Google has announced that will offer one free song for downloading...
Wi-Fi Owners Allowed To Opt Out Of Google’s Database (NASDAQ: GOOG)
Google has announced that it would allow individuals and companies to have the option of keeping their Wi-Fi routers’ names and locations out of a company database. Google’s collection of Wi-Fi router location data has been controversial in Europe and the move comes from pressure from privacy regulators in the Netherlands.
Google was accused of illegally collecting information from 3.6 million...
Google Unit YouTube Plans To Create Original Content For Viewers (NASDAQ: GOOG)
YouTube has announced plans to create dozens of channels featuring comedians, sports stars, musicians and other entertainers. The channels will be free for viewers and supported by advertisers. Some of the channels will be online in November and others will be ready in 2012, according to people involved in the productions.
YouTube has positioned itself as a hub for professionally produced, made-for-the-Web...
Media Deal Between Disney And Google’s YouTube Unit In The Works (NYSE: DIS) (NASDAQ: GOOG)
The Walt Disney Company and YouTube are planning a partnership that will help each of them increase their presence on the Web. The deal calls for Disney Interactive Media and YouTube to spend a combined $10 million to $15 million creating and distributing original video series.
The original video series will be produced by Disney and distributed on a co-branded channel on Disney.com and YouTube. ...
Google Announces Development Partnership With Intel (NASDAQ: GOOG) (NASDAQ: INTC)
A development deal has been reached between Google Inc. and Intel Corp. to work in conjunction to optimize future versions of Google’s Android mobile software for Intel’s “Atom” processors. This deal is the latest effort by world’s leading microprocessor manufacturer to expand into the rapidly growing market for smartphones and touchscreen tablet computers. The goal of...
Google Purchases Zagat For Undisclosed Amount (NASDAQ: GOOG)
It has been announced that Google has decided to purchase Zagat for an undisclosed amount. The purchase unites a company that was a pioneer in monetizing user content with a company that has made local services one of their main focuses. The exact terms of the purchase deal remain undisclosed, although unauthorized briefings place the amount of the deal at between $100 million and $200 million.
Zagat...
Google+ Takes Profile Verification A Step Further
Google has decided to pull out all the stops when it comes to the new verification procedure to ensure authentic profiles on its new social networking platform, Google+. Their new mantra seems to be “real people behind real profiles,” with the addition of verified profiles.
With over 20 million users who signed up within the first 21 days, Google+ got off to a pretty good start and they have declared...
Google Pays $500 Million Fine – Largest In US History?
Google practically needs no introduction these days. It seems like they the company has dipped their hand into just about every cookie jar imaginable – search engine technology, mobile technology, mass communication and more. However, at times, the company has put their hands in the wrong places.
Google has just settled a very high-profile dispute with the United States Department of Justice....