January 15, 2013 |
MENLO PARK, Calif. -- Anticipation has been making Silicon Valley wait just like a Carly Simon song in a 1970s Heinz ketchup commercial. But that wait will come to an end Tuesday morning when Facebook holds a news conference at its Menlo Park, Calif., headquarters. We're live tweeting from the event. Tweets by @jguynn Facebook last week invited the media to "come and see what we're building. " It provided no details. There has been no shortage of speculation on what Facebook might announce as investors pushed shares above $30. Shares closed at $30.95 on Monday, though analysts say the stock gains may have more to do with investors' anticipation of the company's fourth-quarter financial results due out Jan. 30 than anticipation of a major announcement at the mysterious news conference.
August 27, 2010 |
Billionaire investor Carl Icahn has increased his holding in Motorola Inc. to about 10.4%, according to documents the company filed with the Securities and Exchange Commission. According to the filing, Icahn spent $86.2 million on 11.5 million shares of Motorola this week. Icahn had reported Aug. 3 that he had raised his stake to 9.99% since May 7, when he held 8.75% of Motorola's shares. Motorola is planning to split in two in the first quarter of next year, separating its cellphone and set-top-box business from its enterprise mobility business.
May 23, 2012 |
A district court jury in Northern California cleared Google of infringing patents held by Oracle in six claims brought by the company. But the verdict isn't the end of the case. Oracle sued Google in August 2010, alleging Google's Android phone software infringed patents and copyrights covering Java. The first part of the trial over Java copyright claims ended in a mixed verdict. Despite the result of that trial, in which Google was found to have infringed only a small segment of Java code, it appears Oracle plans to pursue significant damages.
March 14, 2013 |
SAN FRANCISCO -- Google's senior ranks continue to shuffle with Jeff Huber stepping down as head of mapping and commerce. Huber will move to Google X, the lab run by Google co-founder Sergey Brin that is working on experimental projects such as the wearable computer Google Glass and self-driving cars, a person familiar with the situation said. The move was first reported by the Wall Street Journal. With Huber's departure, the mapping division will join the Google search team led by Alan Eustace and the commerce division will move under the advertising group led by Susan Wojcicki.
CALIFORNIA | LOCAL
June 22, 2012 |
Google Chief Executive Larry Page has reassured employees that he does not have a serious medical condition and that he will continue to run the search giant. Page delivered the news in an email to employees Thursday after skipping the company's annual shareholder meeting that day, the Wall Street Journal reported . In the email, Page said: "There is nothing seriously wrong with me. " Page has been having trouble with his voice, said Executive Chairman Eric Schmidt, who filled in for him Thursday.
May 5, 2011 |
Warner Bros. has acquired Flixster Inc., an online social network that each month attracts millions of movie buffs and is the corporate parent of popular movie review site Rotten Tomatoes. The studio owned by Time Warner Inc. hopes to use the online community, where people read and write reviews, watch trailers and check movie times, as a launching pad to spur advertising sales. It plans to add tools that help people access and manage their digital movie collections online, in the same way they now do with their digital photographs or music playlists.
June 12, 2013 |
SAN FRANCISCO - Google Inc. snatched a popular mobile mapping service from the outstretched hands of its Internet superpower rivals, securing its dominance in real-time navigation information. Tuesday's $1-billion deal for Waze and the weeks of fevered speculation leading up to its acquisition signal the growing importance of digital maps, apps that are shaping up to be among the most important ones people use on smartphones and tablets. Waze, which helps drivers find the fastest and easiest routes, was being wooed by Facebook Inc. and Apple Inc., among others.
October 15, 2010 |
Google Inc. beat Wall Street expectations Thursday as earnings rose 32% with a resurgent wave of businesses spending more on advertising to lure online consumers. The better-than-expected third-quarter results quieted concerns that the Internet search giant was wasting time and money on futuristic projects from windmills to automated cars as it faces rising competition from Facebook Inc., the world's most popular social networking site. "Google is back," BGC Partners analyst Colin Gillis said.
November 8, 2007
Having watched Apple put its stamp on cellphone design, Google is now trying to make its mark on cellphone software. The company, joined by 33 manufacturers and network operators, is creating a standard set of mobile phone programs -- including the operating system and the user interface -- that other companies can easily enhance with their own applications.
April 1, 2011 |
Microsoft Corp. said it was filing a formal antitrust complaint in Europe against Google Inc., alleging the Internet giant is squelching competition by limiting access to some of its data from YouTube and other services. The complaint will be filed as part of the European Commission's ongoing antitrust investigation, launched in November, into whether Google has abused its dominance over Internet search in Europe at the expense of rivals. Microsoft said it was the first time it had ever filed an antitrust complaint against a rival, and the move was another salvo in a bitter, long-running battle between the technology titans.