Moderator: 3ne2nr Mods
crazybalhead wrote:In your opinions, what are the benefits of a tablet over a laptop and a phone? Which most people have anyway? Especially in the work environment.
S_2NR wrote:if is dushantyx u referring to.
he takes two to three weeks to get your phone after downpayment.
i tell him udfr and organise my phone myself.
GOOGLE BID AGAINST ITSELF: Motorola Tricked Google Into Paying $3 Billion More Than It Had To
Motorola rejected two Google bids and managed to drive the final acquisition price up by about $3 billion -- even though there were no other bidders.
Key players in the deal included Motorola shareholder Carl Icahn, who suggested that Motorola shop its patents around, and Frank Quattrone, whose Qatalyst partners advised Motorola in the deal.
The full story came out today in an SEC filing from Motorola, and was pointed out by Dennis Berman of the Wall Street Journal.
Here's how it went down.
Android head Andy Rubin first approached Motorola in early July after Google lost out on the bid for a bunch of mobile patents owned by Nortel.
Motorola's Sanjay Jha let Google know it wasn't interested in selling the patents alone -- Google would have to buy the whole company.
The negotiations continued in earnest, with Motorola rejecting two Google bids -- a preliminary bid around $30 and a formal one at $37 per share -- before finally agreeing to the final price of $40 per share.
Throughout the process, Google showed how nervous it was, insisting that Motorola move quickly and keep the talks confidential. This gave Motorola the leverage to drive a harder bargain.
The whole story suggests that Google's original claim -- that this deal was mostly about patents -- was true, even though they've backtracked a bit since then.
More to the point, Google knew Android was in deep trouble if another company like Microsoft or Apple got a hold of these Motorola patents. Microsoft apparently was interested in striking a patent deal with Motorola, but talks stalled because Motorola wanted a full buyout.
Here's the text from the SEC filing, edited and with interesting bits boldfaced:
In early July 2011, Andrew Rubin, Senior Vice President of Mobile at Google, contacted Dr. Jha, Chairman and Chief Executive Officer of Motorola Mobility, to request a meeting to discuss the purchase by some of Google’s competitors of the patent portfolio of Nortel Networks Corporation and its subsidiaries (which we refer to in this proxy statement as “Nortel”) in an auction conducted by Nortel in June 2011, and the possible impact of and potential responses to the purchase.
After this initial contact, at meetings throughout early to mid-July 2011, senior management of Motorola Mobility and Google (Dr. Jha; Scott Offer, Senior Vice President and General Counsel of Motorola Mobility; Larry Page, Chief Executive Officer of Google; Nikesh Arora, Senior Vice President and Chief Business Officer of Google; Mr. Rubin; and Kent Walker, Senior Vice President and General Counsel of Google) discussed the strategic direction of Motorola Mobility’s Mobile Devices and Home product businesses and the opportunities and challenges faced by those businesses.
The parties also discussed the impact of the Nortel auction, intellectual property litigation and the potential impact of such litigation on the Android ecosystem, Motorola Mobility’s patent portfolio and potential strategic options relating to the Motorola Mobility patent portfolio and Motorola Mobility, including the potential sale of Motorola Mobility to Google.
At a July 6, 2011 meeting that occurred during this period, Dr. Jha and Mr. Arora discussed the protection of the Android ecosystem and, in the context of this discussion, Dr. Jha indicated to Mr. Arora that it could be problematic for Motorola Mobility to continue as a stand-alone entity if it sold a large portion of its patent portfolio.
...
Subsequently, on July 20 and July 21, 2011, Carl Icahn (who, together with his affiliates, was then the beneficial owner of approximately 11% of the then-outstanding Motorola Mobility common stock) and Daniel A. Ninivaggi, a director of Motorola Mobility designated by Mr. Icahn pursuant to that certain letter agreement, dated November 30, 2010, among Motorola Mobility, Mr. Icahn and certain of his affiliates, contacted Dr. Jha to express their view that Motorola Mobility should explore alternatives for the Motorola Mobility patent portfolio.
...
On July 28, 2011, Dr. Jha, Mr. Arora and David Drummond, Senior Vice President, Corporate Development and Chief Legal Officer of Google, met (with Mr. Drummond participating by phone) to discuss Google’s interest in Motorola Mobility, including its mobile devices and home businesses, the significant economic terms of a potential acquisition of Motorola Mobility by Google on a preliminary basis and a process relating to the negotiation of the terms of a potential acquisition that would be both confidential and expedited. The Google representatives indicated that they were preliminarily considering a per share purchase price range in the high $20s or low $30s.
On August 1, 2011, Google sent a letter to the Motorola Mobility Board of Directors proposing an acquisition of Motorola Mobility by Google for $30.00 in cash per share of Motorola Mobility common stock....On the same day, Motorola Mobility engaged Qatalyst Partners and Centerview as its financial advisors.
On August 2, 2011, the Motorola Mobility Board of Directors met telephonically, with representatives of Qatalyst Partners and Wachtell Lipton, to discuss Google’s August 1 letter. In light of the fact that management and Motorola Mobility’s financial advisors were still in the process of evaluating Google’s proposal, as well as other strategic alternatives that could hypothetically be pursued by Motorola Mobility, including the prospect of settling some or all of the intellectual property litigation, the Motorola Mobility Board of Directors made a decision to defer a definitive response to Google and instructed Qatalyst Partners to convey that decision to Google.
...
From August 2 through August 5, 2011, Dr. Jha and representatives of Qatalyst Partners engaged in various conversations with Mr. Drummond and Mr. Arora concerning Google’s proposal during which Mr. Drummond indicated that Google was willing to improve the terms of its proposal but reiterated that Google’s proposal must be kept confidential and that a response must be received quickly.
On August 5, 2011, the Motorola Mobility Board of Directors met telephonically, including representatives of its financial and legal advisors, to discuss a response to Google. After consideration of a number of factors, including the then current status of the intellectual property litigation and the prospects of settling some or all of the intellectual property litigation, Google’s willingness to negotiate improved terms and concerns regarding the risks of an unauthorized public disclosure of the Google proposal, the Motorola Mobility Board of Directors instructed Qatalyst Partners and management to reject Google’s proposed $30.00 per share purchase price and determine whether Google would increase its proposed purchase price.
After the meeting, a representative from Qatalyst Partners contacted Mr. Drummond to reject the $30.00 per share offer and suggested that Google increase its proposed price to $43.50 per share.
....
On August 9, 2011, Mr. Arora telephoned Dr. Jha to increase Google’s proposed purchase price to $37.00 per share.
Dr. Jha responded to Mr. Arora that he would be prepared to recommend that the Motorola Mobility Board of Directors consider accepting a proposed price of $40.50 or higher.
...on August 9, 2011, Google sent a letter to Dr. Jha increasing its proposed purchase price to $40.00 per share. The letter proposed that the parties immediately commence due diligence relating to the proposed merger and negotiation of a definitive merger agreement and be in a position to announce the execution of the merger agreement by August 14, 2011. The letter concluded by requesting a response by the close of business on August 10, 2011.
...
At the meeting, the Board also considered, with advice from Motorola Mobility’s advisors, whether to solicit proposals from other potential buyers. Following this discussion, and taking into account advice from Motorola Mobility’s advisors, the Board determined, for the reasons set forth below under “—Reasons for the Merger; Recommendation of the Motorola Mobility Board of Directors—Value Presented and Deal Terms”, that it was preferable to negotiate on a confidential basis with a single potential acquiror, rather than to conduct a private or public “auction” of Motorola Mobility.
haterforever wrote:looking to buy the samsung ace 5830 from bmobile. anyone have a on hand review of the phone
sekhar_777 wrote:Folks don't know if this was discussed but this app enables you to download the daily Amazon free apps. You have to turn on 1-click ordering and use a US delivery address. I used my skybox address as my 1-click ordering default address and added my TT credit card as my 1-click ordering payment method...free app downloading now...no charges..but you have to turn 1-click ordering on to be able to download the free app. Be mindful to adjust your delivery address when you are actually ordering something from the Amazon store.
Here is the market link:
https://market.android.com/details?id=com.top.free.apps.amazon.appstore.free.apps
sekhar_777 wrote:Folks don't know if this was discussed but this app enables you to download the daily Amazon free apps. You have to turn on 1-click ordering and use a US delivery address. I used my skybox address as my 1-click ordering default address and added my TT credit card as my 1-click ordering payment method...free app downloading now...no charges..but you have to turn 1-click ordering on to be able to download the free app. Be mindful to adjust your delivery address when you are actually ordering something from the Amazon store.
Here is the market link:
https://market.android.com/details?id=com.top.free.apps.amazon.appstore.free.apps
RASC wrote:None of y'all excited about the Samsung Note? :\
S_2NR wrote:carry it back
tiger balm wrote:RASC wrote:None of y'all excited about the Samsung Note? :\
Engadget is estimating this to cost US$1,000-(http://www.engadget.com/2011/09/06/sams ... ets-video/). Whoever was probably initially excited about this most likely got a heavy dose of reality upon hearing this and isn't anymore
zf 1 week ago in reply to fishkid13
You know how much SGS2 in euro and dollars?
This method of comparing euros and dollars is utter BS. Please stop doing that or at least give some disclaimer.
94, 95, 96, 97. Hangouts with extras
Spending time together goes hand in hand with actually doing things together. Dinner with family can easily turn into movie night at the local theater, for instance. And running into old friends can inspire anything from photo sharing to vacation planning. Hangouts has always included a basic set of in-room actions (like group chat and co-viewing of YouTube videos), but we want to make it easier to do a lot more. That’s why we’re previewing some extras, including:
* Screensharing: for when you want to show off your vacation photos, your high score, your lesson plan or whatever else is on your screen
* Sketchpad: for when you want to draw, doodle, or just scribble together
* Google Docs: for when you want to write, plan or present something with others
* Named Hangouts: for when you want to join or create a public hangout about a certain topic (like fashion or music or sports...)
Hangouts with extras: Screensharing (left), Sketchpad (right)
Hangouts with extras: Docs (left), Named Hangouts (right)
The Official Google Blog
Polyamorous Google Wallet adds Visa to its arsenal
To the delight of shopaholics everywhere, Visa has announced that it's jumped on the Google Wallet bandwagon -- giving card users access to the snazzy, new NFC payment system. Much like MasterCard's announcement last week, the licensing agreement will allow Visa users to link their credit, debit and prepaid cards to Google's offering for fast mobile payments in places that accept the service. The credit card company has dabbled in mobile payments before through payWave, but with plans to integrate into GW, we'll surely be seeing more of it in the near future. As momentum over the NFC-powered mobile phones grows, it will be interesting to see if the Real Housewives can part with their phones long enough for their assistants to pay for those Manolos. Check out the full PR after the break.
Engadget
jeevdude199 wrote:soo...anyone got an invite for google+?
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