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

October 23, 2013

Deal with Gorilla Glass maker Corning could give Samsung head-start in new display technology

Samsung could see itself getting priority access to new glass technologies after taking a 7.4 percent stake in Gorilla Glass maker Corning and simultaneously signing a 10-year supply agreement. The net effect of a complex series of share swaps and cash investments, allied to a long-term procurement commitment from Samsung, is a $2B deal that will […]

September 24, 2013

Amazon to launch revamped, higher-resolution Kindle Fire ‘HDX’ as soon as tomorrow [Now launched]

Update: Now launched – full press release below Amazon plans to debut all-new versions of the Kindle Fire as soon as tomorrow, according to sources familiar with the products. The new Kindles are said to be redesigned both externally and internally with faster processors [Quad-core Snapdragon 800], improved graphics performance, and higher-resolution displays [323ppi for 7″, […]

July 10, 2013

T-Mobile announces Jump, an anytime upgrade club for $10 a month

Just as several rumors suggested, T-Mobile has announced a new anytime upgrade plan at its press event today. ‘Jump’ will allow for customers to upgrade their phone more often than once every two years for an extra $10 a month every month. The plan will allow customers to trade-in their existing devices for a new […]

October 22, 2012

ISIS Mobile Wallet officially launches on AT&T, Verizon, & T-Mobile in Austin and Salt Lake City

[youtube=] We noted last week that carrier-backed Google Wallet competitor Isis was nearing an official launch when we noticed the T-Mobile ISIS app on Google Play. Today, the app officially launches on all three of its major carrier partners in Salt Lake City, Utah and Austin, Texas. ISIS issued a press release on its website today […]

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 […]

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.

April 26, 2012

Kindle Fire now over half of Android tablet market, as Amazon reports blowout earnings

It is apparent over the last few months that Amazon’s $199 Kindle Fire has been making rapid gains in Android tablet market. However, we did not think it was an all out domination. According to research firm ComScore, the Kindle Fire now makes up 54.4 percent of the total Android Market (as of the end of the month) after […]

April 22, 2012

Motorola CEO Sanjay Jha earned $47M in 2011

According to a regulatory filing with the U.S. Securities and Exchange Commission, Motorola Mobility’s Chief Executive Officer Sanjay Jha earned a whopping $47 million salary in 2011—quadrupling his pay during 2010. So, what is with the $34 million increase? Motorola said on Friday that Jha’s work to split Motorola into two companies, Motorola Solutions and Motorola Mobility, warranted […]

March 12, 2012

AT&T’s LTE network rolling out to 12 new areas starting next month

[youtube=] AT&T made things official this morning for 12 new locations getting access to its LTE network starting in April. The press release does not give specifics for each location, but it said Cleveland would get access “soon” with the rollout for the other cities starting next month and stretching into the summer. Check out […]

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