Alphabet (GOOG, GOOGL) 01 (May 08 - Jul 17)

[LenaHuat]

It's on the verge of buying a US$2 billion building in Lower Manhattan. That's a fortune.

[kennynah]

smart choice, if you ask me.... solid brick and mortar assets beat paper money, any time....

[iam802]

Google's Eric Schmidt Passes CEO Reins to Larry Page

http://www.bloomberg.com/news/2011-01-2 ... d-ceo.html

[iam802]

Google to Acquire Motorola Mobility for $12.5 Billion

http://www.bloomberg.com/news/2011-08-1 ... llion.html

Notes:
Acquisition mainly for wireless patents.

[winston]

Do you want to laugh or cry ?

China says Google has not sought approval on Motorola bid

BEIJING (Reuters) - China's Commerce Ministry said it had not received an application for regulatory approval from Google Inc on its planned $12.5 billion purchase of Motorola Mobility Holdings.

Under Chinese laws, enterprises that run businesses in China and that earn annual revenues of 10 billion yuan ($1.55 billion) globally and 400 million yuan in China must seek government approval for a proposed acquisition.

Source: Reuters US Online Report Technology News

[iam802]

In the land of the big techs...they seems to like going direct.

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Google Just Opened Its First Retail Outlet In London

Read more: http://www.businessinsider.com/google-j ... z1ZVQROHsI

[winston]

not vested

On Thursday after the market closes, Google (GOOG) will report earnings.

GOOG isn’t just a great bellwether for internet stocks but also for the NASDAQ in general.

[winston]

Smashed expectations ..

[winston]

not vested

Google's <GOOG.O> shares gained 7 percent to $559 after its results late on Thursday trounced Wall Street expectations, helped by strong advertising sales and deft cost controls.


Source: Reuters

[iam802]

The 'yellowpages' are dead.

Google is the new 'YellowPages' and they are doing much better job (by a huge margin).

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Google Discloses $151M Price for Zagat

http://www.bloomberg.com/news/2011-10-2 ... arter.html

Google Inc. spent $151 million last month on Zagat Survey LLC, the review service known for its burgundy-colored restaurant guides, part of $1.44 billion worth of acquisitions during the first nine months of 2011.

Google also said that it paid $114 million last month for Daily Deals GmbH, a privately held online-commerce site. The disclosures were included in a regulatory filing today from the Mountain View, California-based company.

The world’s largest Internet-search provider is using acquisitions to add services and find new sources of advertising. Google made 57 acquisitions and purchases of intangible assets during the first three quarters of the year, according to the filing.

Earlier this year, Google completed the purchase of ITA Software Inc., a travel-data provider, for $676 million in cash, according to the filing. In August, the company said it would spend $12.5 billion for Motorola Mobility Holdings Inc. That acquisition, Google’s largest deal, will give it more than 17,000 patents, helping it protect its mobile Android software from intellectual property challenges around the world. It’s slated to be completed by early 2012.

Google shares rose $3.15 to $586.31 today. The stock has fallen 1.3 percent this year.
The company’s growth and expansion into new markets have brought increased regulatory scrutiny, Google said in the filing. The company faces reviews from the Federal Trade Commission, the European Commission and state attorneys general.

In June, Google received a civil investigative demand from the FTC’s Bureau of Competition and a subpoena from the FTC’s Bureau of Consumer Protection. State attorneys general from Texas, Ohio, and Mississippi also have issued similar civil investigative demands. The company said it is cooperating with the agencies.