Google said authorities in China have approved its acquisition of Motorola Mobility. This brings the Internet search giant closer to completing its biggest deal ever.
A judge for the U.S. International Trade Commission has ruled that Apple infringed a patent held by Motorola and dismissed the rest of Motorola’s claims.
U.S. regulators have approved Google’s $12.5 billion bid for Motorola Mobility. The announcement comes just hours after Google won clearance in Europe.
In a sign that the Google-Motorola deal could face heavy antitrust scrutiny, Google included an unusually high breakup fee in its deal terms, according to a document filed with the Securities and Exchange Commission on Thursday.
Consumer technology companies reporting financial results this week are looking like rowboats bobbing in the wake of Apple Inc.’s supertanker.
Apple still remains king of the hill when it comes to tablets. Sales figures show that Motorola Mobility has sold 100,000 Xoom’s, which was one of the first serious challengers to the iPad. In comparison, Apple sold 300,000 iPad’s on its day of release.
KCBS Technology Analyst Larry Magid said the competition has been slow to jump on the tablet computer bandwagon started by Apple because it takes a long time to introduce a quality product, and they want to do it right.
Apple Inc.’s popular iPad is getting its strongest competition thus far as consumer-electronics manufacturers unveil tablet computers with bigger screens, front-facing cameras for video chatting and more.
Apple is suing Motorola for infringing on patents related to its smart phones.