Google has announced the sale of Motorola Mobility to Lenovo for a total of $2.9 billion. $1.41 billion will be paid at the end of the agreement, $660 million in cash and $750 million in Lenovo shares. The remaining $1.5 billion will be paid over the next three years. Google bought Motorola Mobility in August 2011 for $12.5 billion.
Google has announced the creation of the Open Automotive Alliance (OAA), a coalition that aims to bring you the Android platform in cars. This alliance includes the car manufacturers Audi, GM, Honda and Hyundai but also the processors manufacturer NVIDIA. The OAA intends to bring together the know-how of the various companies that form it to create a common platform to drive innovation to make technology in the car more secure and intuitive for everyone.
Google has decided to open the counteroffensive against the Rockstar consortium, which in October 2013 sued Google and its partners Asus, HTC, Huawei, LG, Pantech, Samsung and ZTE for alleged violation by Android of some patents owned by the consortium. According to Google, Rockstar’s lawsuit has placed a cloud on Google’s Android platform; threatened Google’s business and relationships with its customers and partners, as well as its sales of Nexus-branded Android devices.
Microsoft and book retailer Barnes & Noble announced the formation of a strategic partnership in a new subsidiary that aims to accelerate the transition to e-books. This agreement also ends […]
Mark Zuckerberg, Facebook’s founder and CEO, announced with a post on his own social network he bought Instagram, a mobile photo-sharing application. The price is a billion dollars, partly in cash and partly in stock.