google inc-cl c (GOOG) Key Developments
Google Launches 3 Android One Smartphones in India
Sep 15 14
Google launched the first set of Android One smartphones aimed at emerging markets from India. Three Indian smartphone makers Micromax, Karbonn and Spice have launched one smartphone each powered by MediaTek processors. The devices will be priced INR 6,399 onwards. Android one devices will feature mid-range specs including a 4.5-inch touchscreen, 1.3GHz MediaTek processor and 4GB internal memory among other mid range features. However, what will set these devices apart is their low data usage and access to free YouTube in a couple of weeks. Yes, users of these phones will be able to access YouTube without any data charge. The phones will start selling on Flipkart, Snapdeal and Amazon. Offline sales will start around Diwali. Google has also announced mobile experience zones that will go around the country soon. The devices will be among the first get the Android L update and will have Google translate featuring Hindi to English. India is just the template to learn and will soon be launching in other south Asian countries as well as Indonesia. Acer, Alcatel, Asus, HTC, Intex, Lava and Lenovo are joining the programmes along with Qualcomm.
eBay Denies Sale To Google
Sep 12 14
Alan Marks, Spokesman of eBay Inc. (NasdaqGS:EBAY) said, "We've had no conversations with Google about acquiring a stake in the company." Google Inc. (NasdaqGS:GOOGL) said it would not comment on rumors or speculation. eBay Inc. shares were up 2.6% at $52.02 at midday after rising as high as $53.07. Google Inc. dipped 0.7% to $587.08. Shares of eBay Inc. lost much of their Friday gains.
eBay'S Shares Rise On Takeover Rumors; Google May Buy 40% Stake
Sep 12 14
Shares of eBay Inc. (NasdaqGS:EBAY) rose on speculation that Google Inc. (NasdaqGS:GOOGL) may be interested in acquiring 40% stake in eBay Inc. in a deal valued at $85 billion, or $68 a share, according to an unnamed source.
Google and Group of Photographers Settle Litigation Over Books
Sep 8 14
A group of photographers, visual artists and affiliated associations have reached a settlement with Google in a lawsuit over copyrighted material in Google Books. The parties are pleased to have reached a settlement that benefits everyone and includes funding for the PLUS Coalition, a non-profit organization dedicated to helping rights holders and users communicate clearly and efficiently about rights in works. Further terms of the agreement are confidential. The agreement resolves a copyright infringement lawsuit filed against Google in April 2010, bringing to an end more than four years of litigation. It does not involve any admission of liability by Google. As the settlement is between the parties to the litigation, the court is not required to approve its terms. This settlement does not affect Google's current litigation with the Authors Guild or otherwise address the underlying questions in that suit. The plaintiffs in the case are rights holder associations and individual visual artists. The associational plaintiffs are The American Society of Media Photographers Inc., Graphic Artists Guild, PACA (Digital Media Licensing Association)., North American Nature Photography Association, Professional Photographers of America, National Press Photographers Association, and American Photographic Artists. The individual plaintiffs are Leif Skoogfors, Al Satterwhite, Morton Beebe, Ed Kashi, John Schmelzer, Simms Taback and Gail Kuenstler Taback Living Trust, Leland Bobbé, John Francis Ficara, and Dave Moser. The case is American Society of Media Photographers Inc. et al. v. Google Inc., Case No. 10-CV-02977 (DC) pending in the United States District Court for the Southern District of New York.
Apple, Google, Intel and Adobe Restart Settlement Talks for Anti-Poaching Case
Sep 5 14
Apple, Google, Intel and Adobe have resumed talks with tech workers to settle an ongoing anti-poaching class action dispute. In the lawsuit, the plaintiffs had accused the four tech companies of colluding to avoid hiring each other's employees. In August, U.S. District Judge Lucy Koh rejected a $324.5 million settlement offered by the tech giants to resolve the dispute. Both sides said they have resumed mediation with a retired judge but declined to provide additional details. The parties also asked Judge Koh to set a new trial date.