October 19, 2017

Last month, Google was rumored to be mulling a huge investment in Lyft as the two companies work together against Uber to bring self-driving cars to the mainstream. Today, the ride-sharing service announced that Alphabet’s CapitalG investment fund led a $1 billion financing round.

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February 19, 2014

Google_Capital

After first announcing its new equity fund for growth-stage companies, Google is officially launching its “Google Capital” today with an announcement on its blog. Google says the fund will “focus on emerging, long-term technology trends” and the companies it’s invested in so far range from companies in the education space to personal loans and a survey platform. Google took some time to explain how Google Capital will differ from its Google Ventures investment arm:

Like our colleagues at Google Ventures, our goal is to invest in the most promising companies of tomorrow, with one important difference. While Google Ventures focuses mainly on early-stage investments, we’ll be looking to invest in companies solely as they hit their growth phase. That means finding companies that have already built a solid foundation and are really ready to expand their business in big ways. We’ll look across a range of industries for companies with new technologies and proven track records in their fields.

Google notes that the fund has already invested in a few companies including SurveyMonkey and Lending Club, as well as Renaissance Learning, which Bloomberg reports Google is putting around $40 million into.  expand full story

December 7, 2012

Google creating new late-stage investment group as it replaces M&A chief

According to a report from Reuters, citing its usual “sources familiar with the matter,” Google is in the process of creating a new late-stage investment group that its current chief of mergers and acquisitions David Lawlee will oversee. The report did not provide much more information, but it claimed the new investment fund would focus on “longtime and outgoing corporate development.” Replacing Lawlee as head of M&A at Google is one of Google’s lawyers, Don Harrison:

Don Harrison, a high-ranking lawyer at Google, will replace Lawee as head of the Internet search company’s mergers and acquisitions team.

September 11, 2012

[ooyala code=”x3NHJ1NTo_h_k-nkcK3IFHmVebko22Nt”]

David Lawee, vice president of corporate development, says some things that will likely sound familiar if you used the Internet at all during the Samsung v. Apple trial. Wake up call, indeed.

[Bloomberg (non-flash) via BI] expand full story

June 8, 2012

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. The notable feature, however, is not really a feature at all: the Dinara lacks physical home buttons on the front display. Much is unknown about the smartphone this point; even its name is not set in stone. However, the “July 26” stamp within the date widget might finally give a hint as to when this device will launch.

Google closed its $12.5 billion Motorola Mobility acquisition last Month when China gave the merger an overdue go-ahead. Motorola promptly filed an 8-K form with the U.S. Securities and Exchange Commission, and the deal’s transaction finalized shortly after. It appears the Dinara’s software and user-interface is unaffected by the recent Google buyout and will likely sport a Motoblur flavor.

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June 4, 2012

Reports circulated last month that Google wanted to buy social messaging service Meebo for roughly $100 million, and now those stories have finally received official confirmation.

Meebo verified the news today in a post on the company blog (above):

We are happy to announce that Meebo has entered into an agreement to be acquired by Google!

For more than seven years we’ve been helping publishers find deeper relationships with their users and to make their sites more social and engaging. Together with Google, we’re super jazzed to roll up our sleeves and get cracking on even bigger and better ways to help users and website owners alike.

We’ve had a blast building Meebo so far and we’re really excited to start the next leg of our journey.

Thank you all for coming along for the ride! Meebo Team

Meebo began in 2005 as a browser-based instant messaging program with support for Yahoo! Messenger, Windows Live Messenger, AIM, Facebook Chat, Google Talk, and others. The service now boasts mobile apps, and it features multi-user chat rooms, a content aggregator, and the ability for users to check-in and share media across popular social networks. It even offers APIs for developers.

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