Lenovo officially closed its $2.91 billion deal to buy Motorola Mobility from Google, a move that immediately turns Lenovo into the third largest smartphone player in the world by market share. Lenovo, which is popular in China and many markets where Motorola doesn't play, will use a dual-brand strategy to grow the combined company's mobile businesses in emerging markets.
HALF MOON BAY, Calif.--Motorola Mobility has been through several near-death experiences in the past few years, but its impending acquisition by Lenovo will allow it to double the number of markets it competes in and ride the trend toward lost-cost smartphones, according to Motorola President and COO Rick Osterloh.
YouTube CEO Susan Wojcicki said her Google-owned video platform may soon launch a subscription-based service
HALF MOON BAY, Calif.--YouTube CEO Susan Wojcicki said the online video giant could introduce a subscription-based service sometime soon, but said the Google-owned site is interested in giving users choices over how they view video content.
With its Fire TV device reportedly selling steadily, Amazon is entering the streaming stick segment, competing directly with Roku and Google with a competitively priced, $39 Fire TV stick.
Google CEO Larry Page is giving the company's Android boss, Sundar Pichai, responsibility for the search giant's biggest products.
Streaming video company Roku revealed in SEC documents that it has raised an additional $25 million in private funding, putting its total backing at $153.1 million.
Yahoo is starting to generate money from its mobile business after years of lagging behind larger competitors like Google and Facebook. However, the company still has a ways to go before it can claim significant success in mobile advertising and apps.
Chromebook shipments (referring to shipments of laptops based on Google's Chrome operating system) increased sequentially by 67 per cent globally in the second quarter of 2014.
Magic Leap, a startup focused on augmented reality technology, said it raised $542 million in funding from Google, Qualcomm and other venture capital investors. The company plans to use the funds to speed up the development of its products, develop software and content elements and commercialize its wearable computing system.