press release

AT&T’s first 4G LTE/HSPA+ tablet isn’t going to be cheap. In fact, the company just announced the Honeycomb-powered HTC Jetstream will run you $699.99 with a new two-year commitment when it becomes available September 4th. We think the price tag is going to make this one a hard sell, especially if its competition releases a new iteration anytime before the Jetstream sees a significant price cut.

We told you about the Jetstream’s rumored specs a few weeks back, which for the most part seem to jive with the official specs from AT&T’s press release (below):

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Google has made its decision to acquire Motorola Mobility public this morning, announcing the acquisition worth $12.5 billion via The Official Google Blog (that’s $40 per share, 60% higher than the company’s closing price as of Friday):

Today, more than 150 million Android devices have been activated worldwide—with over 550,000 devices now lit up every day—through a network of about 39 manufacturers and 231 carriers in 123 countries. Given Android’s phenomenal success, we are always looking for new ways to supercharge the Android ecosystem. That is why I am so excited today to announce that we have agreed to acquire Motorola.

This is obviously being looked at by most analysts as a move by Google to beef up their patent portfolio in the midst of the smartphone patent wars. It appears Google plans to continue running Motorola as a separate company, meaning the brand itself isn’t in jeopardy as of yet. However, this could easily be Google’s first step in the direction of gaining more control over the manufacturers that run Android. Even with Android making huge strides in recent months, Apple continues to dominate the smartphone market with their unique approach of building both hardware and software to compliment one another (at the same time as keeping the intellectual properties related to their products under one roof).

Google and Motorola will be holding a press conference at 8:30 ET. Grab the live webcast here. A snippet from the official press release below, if you’re interested. We’ll keep you posted as more info becomes available.

Google to Acquire Motorola Mobility

Combination will Supercharge Android, Enhance Competition, and Offer Wonderful User Experiences

MOUNTAIN VIEW, CA and LIBERTYVILLE, IL – AUGUST 15, 2011 – Google Inc. (NASDAQ: GOOG) and Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced that they have entered into a definitive agreement under which Google will acquire Motorola Mobility for $40.00 per share in cash, or a total of about $12.5 billion, a premium of 63% to the closing price of Motorola Mobility shares on Friday, August 12, 2011. The transaction was unanimously approved by the boards of directors of both companies.

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[youtube=http://www.youtube.com/watch?v=_sxBvpEwgGc&]

It’s official…Today Samsung and NVIDIA have outed their latest Android 2.3 Gingerbread-powered device in the Galaxy smartphone (superphone?) family, which we now know will sport a 900 x480 4.19-inch “Super Clear” LCD display, Tegra 2 dual-core processor, front-facing 1.3mp camera, and a 5mp rear camera with LED flash that supports HD video recording. Full specs from the press release after the break.

The press release describes the Galaxy R as a”lightweight, slim and sleek metallic design, the GALAXY R Smartphone delivers incredible performance thanks to its Dual Core processor”… which is all true, but we can’t help but feel this device is specifically for those that don’t require everything packed into the obviously superior, but very similar, Galaxy S II. Either way, we aren’t complaining about having another powerful Android-based device on the market that resembles the S II.

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