Motorola Mobility Sued by Shareholder Over Google Deal

Posted on September 28, 2011 by admin

CEO Sanjay Jha and Motorola Mobility have been sued by a shareholder who claims that Motorola did not get the best deal when they decided to allow Google to purchase them, thus cheating the shareholders out of money. Investor John Keating is claiming that the large $12.5 billion buyout was not enough for the company despite the fact that Google had to agree to pay a 63% premium on shares for Motorola, and the fact that everyone else in the business world spent all week exclaiming over the costs of the buyout.

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Posted in Business News | Tagged business, business world, ceo, europe, google, intrinsic value, investor, john keating, money, motorola, nameplate, regulatory authorities, sanjay jha, shareholder, shareholders, technology writer | Leave a comment

Is Serbia close to joining the EU?

Posted on September 24, 2011 by admin

At the moment there are eight countries waiting to get their accession into the European Union, but it looks like Serbia may have some time to wait as they are near the end of the line. In 2005 Turkey and Croatia started to negotiate joining the union with Turkey possibly joining the union in 15 years and Croatia by the time the year closes. The remaining six countries including Serbia have been told they can join once they meet the proper criteria which include rule of law, democracy, adherence to the EU economic and political union, and a market economy.

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Posted in European Union Issues | Tagged accession, adherence, business, candidate status, croatia, democracy, europe, european union, market economy, obstacle, proper criteria, prospects, rule of law, turkey, wanted war, war crimes, war criminals | Leave a comment

Italian and Spanish borrowing costs rise as Greek bailout fails to convince

Posted on September 24, 2011 by admin

Bond yields are starting to soar as many people have started to fear that the Greek financial crisis will spread into neighbouring countries Spain and Italy. Southern Europe in particular is worried which could be seen in the markets this week with Italy and Spain forced to pay a higher price in order to get out of debt after many concerns rose last week that the bailout of Greece will not actually help solve the problems that are prevalent throughout the Eurozone. Also during the week, Spain’s short term borrowing hit a three year high.

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Posted in Eurozone | Tagged auctions, bailout, bond yields, eurozone, Financial Crisis, german bonds, greece, insurance, italy, london, neighbouring countries, obstacles, regulatory regime, solvency ii, southern europe, spain, strategist | Leave a comment

Is Google+ on track so far?

Posted on September 23, 2011 by admin

Now that Google+ has officially landed, many people are wondering if the popular search engine has been able to finally get a hold on the social networking world, but the answer to that question is actually twofold.

The truth of that matter is that on paper it looks as if Google+ is excelling and winning users over by the minute, but in actual application, the new social network has a long way to go until it can actually brag that it is up there with the likes of Facebook and Twitter.

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Posted in Social Networking | Tagged business, debut, facebook, google, internet, networking world, search engine, social networking, social networks, truth, twitter, UK | Leave a comment

Google improving privacy policies according to ICO

Posted on September 21, 2011 by admin

Google has taken the appropriate steps to improve policies after it was found last year that its Street View mapping cars were capturing data unlawfully according to a new statement from the information commissioner. After the Office of the Information Commissioner stated that the company breached the law as its mapping cars captured information while ruling around UK cities and towns Google promised that it would take measures to ensure that it did not again breach the data protection act. The watchdog group stated that Google has improved somewhat, but that they should continue to make improvements.

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Posted in Internet | Tagged cars, cities and towns, commitments, data protection act, europe, finish line, google, improvements, information commissioner, internet, privacy controls, privacy measures, privacy policies, street view, Technology, uk cities, watchdog group | Leave a comment