Search Results for: U.S. Securities and Exchange Commission

October 18, 2012

Google reports Q3 revenue of $14.1B, $2.18B net

It looks like Google’s Q3 earnings have been released early with The Wall Street Journal reporting Google posted revenue of $14.1 billion and a net of $2.18 billion. A summary of the company’s earnings report from a U.S. Securities and Exchange Commission filing is below. In the report, we see Motorola accounted for 18 percent of consolidated revenues. It brought […]

August 13, 2012

Motorola cutting 4,000 jobs in hopes of becoming profitable again

As first reported by the New York Times, Google-owned Motorola is cutting 4,000 jobs, or roughly 20-percent of its workforce, in the hopes of becoming profitable again. The news was confirmed in a U.S. Securities and Exchange Commission filing released this morning just before the markets opened. Google/Motorola further noted in the filing that it would consolidate 30 of its 90 […]

June 8, 2012

Press shot for AT&T’s Motorola ‘Dinara’ leaks online (Photo)

Motorola announced its Dinara smartphone— officially known as the “xT928” – for China Telecom last November, but a supposed press leak of the AT&T variation just surfaced stateside. The Verge received a media shot of the rumored device today (above). As the report noted, the assumed Atrix 2 successor boasts a 720p display, Android 4.0 Ice Cream Sandwich, and 4G LTE. […]

May 22, 2012

Google goes hardware: ‘We’ve acquired Motorola Mobility’

Google’s CEO Larry Page made headlines again this morning: He just officially announced Google’s acquisition of Motorola Mobility, while confirming the joined companies will soon create the next generation of mobile devices. The chief executive took to the official Google Blog to reveal the news: It’s why I’m excited to announce today that our Motorola […]

May 21, 2012

Google-Motorola deal transaction will close by May 23

Google made headway on its $12.5 billion Motorola Mobility acquisition late last week when China finally gave the pending merger an O.K., and today the soon-acquired company filed an 8-K form with the U.S. Securities and Exchange Commission that specified the deal’s transaction will close either May 22 or May 23.

According to TechCrunch

So what happens next? A ‘listening tour,’ a source tells us, with new management visiting the whole of the operation, ‘seeing what everyone does, then making decisions.’ One decision that may be close at hand has to do with headcount: we have heard that there will be layoffs coming imminently — with one person close to the situation even putting the number as high as 30 percent of Motorola’s staff, worldwide. At the same time, more details are emerging about the conditions that China put on the deal: they include a guarantee that Android would remain free and open source for the next five years.

January 27, 2012

Google’s 2011 acquisition tally: $2B for 79 companies, head count up 33 percent

As 9to5Google reported last October, the search Goliath appears to be on a spending spree since 2011. Having reported holiday quarter earnings, the company filed its 10-K with the U.S. Securities and Exchange Commission yesterday. The document, available online at the agency’s website, specifies that Google spent $1.9 billion dollars acquiring 79 companies throughout last year. The sum includes […]

June 24, 2019

US law could require Google & Facebook to state how much your data is worth

A bipartisan push for a new US law could see companies like Google, Facebook and Amazon having to state exactly how much your data is worth. Consumers would be better able to understand how much privacy they were sacrificing to use free services if the value of the data used by the companies was made […]

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