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Today’s e-Reads: What Went Wrong With Facebook’s IPO?The Wall Street Journal analyzes what went wrong with Facebook’s initial public offering.10 things you need to know today: May 23, 2012Egypt has its first free election, Morgan Stanley is under investigation, and more in our roundup of the stories that are making news and driving opinionPC maker Lenovo says profit up 59 percentLenovo Group, the world's second-largest personal computer maker, said Wednesday its quarterly profit rose 59 percent over a year earlier on record sales.Verizon says global capabilities coming to select Android handsets this summerVerizon Wireless on Monday confirmed that the DROID RAZR, RAZR MAXX, HTC Rezound, and DROID 4 will receive global roaming capabilities later this summer, enabling the handsets to access voice and data services in more than 200 countries, Droid-Life reported. “Customers will see a notification on their device when the software update is available for their device,” a Verizon spokesperson said. “After the software update, customers will be able to take their smartphone overseas and use voice service in more than 220 countries and receive data in more than 205 countries.” While the carrier didn’t give a specific timeline, there is a possibility the update may be included with the smartphone’s upcoming Ice Cream Sandwich updates, which are also slated for OmniVision’s 16-megapixel smartphone camera sensors support 4K resolutionOmniVision on Tuesday announced the OV16820 and OV16825 smartphone camera chips. The two sensors support up to 16-megapixels and can capture video at a 4k resolution, known as Quad Full High Definition (QFHD), at 60 frames per second. “It was an industry-wide assumption that smartphones would cut into DSC/DVC sales; but at higher resolutions, we’re seeing a very distinct divide between the two markets and both remain strong,” said Devang Patel, senior product marketing manager at OmniVision. “Industry experts have observed that mainstream DSC products are shifting to 16-megapixel resolutions and are offering improved image quality and optics. The OV16820 supports such offerings, allowing DSC/DVC manufacturers to provide consumers a high-resolution, feature-rich point and shoot photography experience, while the OV16825 Summary Box: Google takes control at MotorolaDONE DEAL: Google has completed its $12.5 billion acquisition of device maker Motorola Mobility nine months after the deal was announced. The companies had to wait until regulators were satisfied Google Inc. wouldn't be able use Motorola Mobility Holdings Inc. to stifle competition in the smartphone market.Business Highlights___A look at recent tech-industry earningsHere is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy:Amazon Appstore now allows Android users to Test Drive appsThe Amazon Appstore was updated on Monday to include the company’s popular Test Drive feature on Android devices. The retail giant previously allowed users to test apps using desktop browsers prior to purchasing them, but now trials can be tested on devices. “Today we begin the beta rollout of Test Drive on Android phones,” Amazon said. “Now customers can instantly try apps on their phone — where a majority of app purchases take place — without downloading or installing anything.” The Test Drive feature is currently available on more than 5,000 apps and is compatible with select Android handsets, however Amazon promises the feature will be rolled out to “many more” devices in the coming months. Read Google completes Motorola deal, heralding new eraGoogle has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet's most powerful company as it tries to shape the future of mobile computing. Berkeley police chief assigns 10 officers to find son’s missing iPhoneHow many people have called their local police station about a stolen cell phone or laptop, only to be told by the authorities that they have more pressing issues at hand? Well, Berkeley Police Chief Michael Meehan has opened himself up to a new round of controversy after it was reported that he dispatched 10 [...]A look at Motorola Mobility's new regimeGoogle promptly reshuffled Motorola Mobility's management Tuesday after completing its $12.5 billion acquisition of the device maker.Google completes Motorola Mobility takeoverGoogle closed Tuesday its $12.5 billion deal for Motorola Mobility, a key manufacturer of smartphones and other devices that puts the Internet giant in head-to-head competition with Apple. Google's notable acquisitions besides Motorolanearly four times larger than the previous high, the 2008 purchase of online advertising company DoubleClick for $3.2 billion.Jimmy Fallon Grows Up; The Ketchup Wars May Be OverWe realize there's only so much time one can spend in a day watching new trailers, viral video clips, and shaky cell phone footage of people arguing on live television. This is why every day The Atlantic Wire highlights the videos that truly earn your five minutes (or less) of attention. Today: Jimmy Fallon discusses POTUS and The Boss, Ketchup may soon be more accesible, and the trouble with retrieving the Costa Concordia. Motorola Under Google: 3 Possible FuturesNow that Google has officially and completely swallowed up Motorola Mobility, the question becomes: What now?Google completes Motorola Mobility acquisitionGoogle Inc. on Tuesday completed its $12.5 billion acquisition of phone maker Motorola Mobility Holdings Inc. and said it has appointed a Google executive as the new CEO of the business.Google completes takeover of Motorola MobilityGoogle Tuesday finalized its $12.5 billion deal for Motorola Mobility, a key manufacturer of smartphones and other devices which puts the Internet giant in head-to-head competition with Apple. Google Holds Its First Google+ Conference For PhotographersThere's a good chance that last year around this time you didn't know about Google+ -- which wasn't even in beta form yet -- and “Hanging out” was something you only did in person. But the search engine giant has made big strides with its social network in the past 12 months, so much so that it's hosting its first-ever Google+ conference in San Francisco this week for photographers.Developments in Google's bid for Motorola MobilityHere are some key developments in Google's Inc.'s planned acquisition of Motorola Mobility Holdings Inc.:How consumer-electronics makers are faringA look at how selected makers of phones and other consumer-electronic gadgets are faring:Congressman’s Slippery Cell Phone ClaimA congressman’s Web video goes too far when it portrays a program that subsidizes cell phone service for very low-income persons as a government giveaway that is costing taxpayers billions. The video also misleadingly claims Arkansas Rep. Tim Griffin is “reforming” the program. His proposed legislation — the “Stop Taxpayer-Funded Cell … More >>Google names new Motorola Mobility CEONEW YORK (Reuters) - Google Inc completed its $12.5 billion purchase of Motorola Mobility Holdings Inc and named a new chief executive for the cellphone maker, who vowed to focus on "fewer, bigger bets." Google, which made the deal to gain access to Motorola's vast trove of technology patents, said on Tuesday that Motorola Chief Executive Sanjay Jha has stepped down and has been succeeded by Dennis Woodside, former president of Google's Americas region. Woodside oversaw planning for the Motorola integration, according to Google. Jha will be retained to help manage a transition period. ... Mobile Phones Cut Malaria Response Time From Weeks to MinutesUsing mobile phones to report malaria outbreaks in Africa has been stunningly effective -- reducing the government response time to an outbreak from four weeks to three minutes, according to a new study.Google closes on Motorola Mobility acquisitionGoogle says it has completed its acquisition of phone maker Motorola Mobility and it has appointed a Google executive as the new CEO of the business.Google closes Motorola acquisitionIn line with earlier reports, Google on Tuesday finalized its acquisition of Motorola Mobility. The $12.5 billion merger was approved by regulators in China on Monday after having been given the green light by the United States Department of Justice this past February. Chinese regulators did stipulate terms for its approval, however, namely that Google must continue to make Android open-source and freely available. Former Motorola Mobility CEO Sanjay Jha has stepped down and Google’s Dennis Woodside will replace him as chief executive. “I’m excited to announce today that our Motorola Mobility deal has closed,” Google CEO Larry Page wrote in a letter published on Google’s blog. “Motorola is a great American tech company that has driven the mobile revolution, with Asian markets rise ahead of European summitAsian markets rose Tuesday following a strong performance on Wall Street and on hopes EU leaders will come to an agreement on dealing with the eurozone debt crisis at an upcoming summit. Google Officially Acquires Motorola, Appoints New CEOMotorola Mobility is now officially part of Google. CEO Larry Page announced Tuesday the search giant had closed the deal to acquire the cellphone manufacturer, also revealing that Motorola CEO Sanjay Jha would be stepping down.Apple by the Numbers [INFOGRAPHIC]Keeping up with Apple's growth is like sneezing with your eyes open -- it's nearly impossible. That's why every so often we like to bring you an update of the latest Apple news, numbers and trends.Follow the French Open live on your smartphone and tabletWith a new update just in time for the start of the 2012 event, the official application of the French Open tennis tournament allows fans to follow all the matches and catch every serve of the tournament. The Roland-Garros 2012 app is available for free on iOS and Android devices. Kodak patent deemed invalid in fight with Apple-RIMA US judge said a Kodak patent allegedly infringed upon by Apple and Blackberry-maker Research In Motion (RIM) was not valid, dealing another blow to the struggling photography pioneer. Motorola won’t update DROID 3, DROID X2 to Android 4Motorola recently updated its Android release timeline and revealed that certain devices will remain on Android 2.3 rather than receiving an upgrade to Android 4.0 Ice Cream Sandwich. The handsets in question are both modern and more than capable of running the latest Android operating system, however the vendor claims the latest software won’t “improve” the devices, and that’s why updates will not be released. Both the DROID 3 and DROID X2 will remain on Android 2.3, despite the fact that both handsets run dual-core NVIDIA Tegra 2 processors and were released not even a year ago. Read [1] Read [2] Alexion Pharmaceuticals added to S&P 500 indexStandard & Poor's Indices said Monday that it is adding the stock of drug developer Alexion Pharmaceuticals Inc. to its S&P 500 index.Android App Offers a Sleep Report CardThe Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here.Apple's Cook top-paid US CEO in 2011: reportApple chief executive Tim Cook topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million above his next rival, a Wall Street Journal survey showed Monday. US shares score solid gains but Facebook flopsUS shares racked up strong gains Monday with the Nasdaq adding nearly 2.5 percent helped by an Apple surge, but Facebook shares flipped below their IPO price on their first full day of trading. Sprint's HTC EVO 4G LTE Starts Shipping After Customs DelayIf you pre-ordered Sprint's EVO 4G LTE, then your wait is almost over. Sprint announced via a forum post Monday afternoon that it expects to begin shipping the HTC EVO 4G LTE to customers who pre-ordered the device soon, with phones expected to arrive on or around May 24th.Motorola layoffs imminent after Google buyout, report claimsFollowing China’s recent regulatory approval, Google’s $12.5 billion acquisition of Motorola Mobility is expected to close in the next two days. Motorola employees may not be celebrating, however. TechCrunch reported on Monday that layoffs will be hitting the manufacturer imminently. When Google purchased DoubleClick, the company had 1,600 employees, 40% of that which were laid off following the buyout. At the time Google’s acquisition was announced, Motorola Mobility had 19,000 employees. The struggling vendor has already laid off 800 employees as part of a restructuring plan, and now it looks like the company may be forced to go through another round of job cuts. Read Google aiming to close Motorola deal by WednesdayGoogle is planning to complete its $12.5 billion acquisition of cell phone maker Motorola Mobility Holdings before Wednesday.Give 'Anchorman 2' a Chance; Rogue Violinist Charms D.C.We realize there's only so much time one can spend in a day watching new trailers, viral video clips, and shaky cell phone footage of people arguing on live television. This is why every day The Atlantic Wire highlights the videos that truly earn your five minutes (or less) of attention. Today: Anchorman 2 trailer offers reason for cautious optimism, Russian investors are gobbling up pricey New York City real-estate, and a lone violinist charms Harris Teeter shopper in D.C. |
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