Apple Inc. (NASDAQ:AAPL) has won the case filed by Motorola Mobility Holdings Inc (NYSE:MMI) Unit regarding a patent, which according to Motorola Mobility Unit, was held by the Google Inc (NASDAQ:GOOG) regarding phone sensors, reports Bloomberg. The judgment was maintained by the US International Trade Commission in Washington, which said that the patent issue filed by Motorola Mobility Unit is invalid but for different reasons. The sensor that prevents the phone from hanging up...
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Intel Corporation (NASDAQ:INTC) has decided to showcase its dual-core, dual graphics Android smartphone at the Mobile World Congress in Barcelona, which goes from February 25 to 28. The chip maker will showcase its smartphones, tablets and ultra-books. “Specifically, Intel will showcase its latest smartphone technologies and devices running the Android platform, including a new dual core, dual graphics platform, as well as OEM- and service provider-supported devices based on the company’s new Intel AtomTM...
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Motorola Mobility Holdings Inc (NYSE:MMI) unit, which was acquired by Google Inc (NASDAQ:GOOG), is all set to exit South Korea next year, as a part of reorganization efforts. Over 500 jobs will be slashed as a consequence of exiting from South Korea. Only 10 percent of the local research and development staff of the company will be retained. Only the mobile device segment of Motorola Mobility Holdings Inc (NYSE:MMI) will exit from South Korea, while...
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Today, Google Inc (NASDAQ:GOOG) has reached a settlement and signed a licensing agreement with Immersion, a touch feedback development company, in a move to resolve the patent infringement litigation filed by Immersion against Motorola. Following the closing of Google’s acquisition of Motorola Mobility Holdings Inc (NYSE:MMI), in May 2012, a litigation against Motorola was initialed by Immersion on account of Motorola’s attempt to infringe six of its patented haptic effects, generally referred to as...
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A federal judge in the Western District Court of Wisconsin dismissed the patent complaint filed by Apple Inc. (NASDAQ:AAPL) against Google Inc (NASDAQ:GOOG)’s Motorola Mobility on Monday, according to intellectual property activist, Florian Mueller, of FOSS Patents. Based on the courtroom minutes, the court found the “case cannot proceed to trial on remaining issue”, and the presiding judge dismissed the lawsuit with prejudice. A spokesperson from Google Inc (NASDAQ:GOOG) released an e-mail statement to...
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The search engine heavyweight, Google Inc (NASDAQ:GOOG), is scheduled to report its third quarter results on Thursday, October 18, 2012. The September quarter is Google’s first full reported quarter with Motorola Mobility Holdings Inc (NYSE:MMI). That’s why Citigroup Inc. (NYSE:C) researchers Mark Mahaney and Rohit Kulkarni expect the Q3 results to be messy. However, Citigroup maintains its Buy rating with $850 price target, and they expect the company’s revenue to grow 21 percent this quarter....
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Search engine giant Google Inc (NASDAQ:GOOG) plans to spend $340 million in FQ3, as it continues its restructuring process in Motorola Mobility. The statement, as filed under FORM 8-K/A, to the Securities Exchange Commission (SEC) reads, “Google’s wholly owned subsidiary, Motorola, has continued to refine its planned restructuring actions, and now expects to broaden those actions to include additional geographic regions outside of the U.S.” The company said that out of the $340 million worth of payouts, $300 million will...
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Google’s Inc (NASDAQ:GOOG) subsidiary, Motorola Mobility Holdings Inc (NYSE:MMI), decided to drop its second patent infringement complaint against Apple Inc. (NASDAQ:AAPL), with the International Trade Commission on Monday. Motorola Mobility submitted a brief filing to the ITC, which reads, “Motorola hereby moves to terminate all claims in this investigation without prejudice, based on Motorola’s withdrawal of the complaint, with Motorola and Apple each bearing their own costs and attorneys’ fees. There are no agreements between Motorola...
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Analysts from research firm Canaccord Genuity boosted their price target for search engine giant Google Inc (NASDAQ:GOOG) from $700 to $850 per share. Canaccord analysts Michael Graham and Shawn Rassouli cited that Google Inc (NASDAQ:GOOG)’s upward momentum will continue due to the following reasons: better cost-per-click (CPC) trends creating an upward bias on revenue estimates in the periods ahead, continued dissipation of Motorola Mobility Holdings, Inc. (NYSE:MMI) related apprehension, and multiple expansion. Graham and Rassouli...
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Google Inc (NASDAQ:GOOG)’s, Motorola Mobility Holdings Inc (NYSE:MMI), has unveiled a new smartphone, which will be powered by an Intel Corporation (NASDAQ:INTC) chip, in place of the commonly used QualComm, Inc. (NASDAQ:QCOM) chip. The launch of the new Razr i smartphone, comes in just under a week, since Apple Inc. (NASDAQ:AAPL) launched its iPhone 5, and nearly two weeks since Motorola launched its Razr M smartphones. According to a report published by Reuters, the new Razr i will be launched in Argentina, Brazil,...
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Google Inc (NASDAQ:GOOG), which acquired Motorola Mobility Holdings Inc (NYSE:MMI) for $12.5 billion last year in May, plans to eliminate 4,000 employees in the Motorola division. The lay off is 20 percent of Motorola Mobility’s 20,000 strong team. The Mountain View, California-based company said Monday, in an SEC filing, that two-third of all the job cuts will be outside the US, especially in Asia. Google also announced plans to close one-third of Motorola’s 90...
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