Newsfeed Update: 08.15.11
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Google To Buy Motorola Mobility For $12.5B (CNET)
Google said Monday that it has agreed to buy Motorola Mobility for $12.5 billion, giving the search giant valuable intellectual property and getting it directly into the handset business. TechCrunch: Google's surprise $12.5 billion bid for Motorola Mobility this morning is a bold attempt to move the needle for Google on several fronts. Google is going all in, dipping into its $39 billion of cash to make its biggest acquisition ever. The deal signals that mobile will be one of Google's main growth drivers and that growth will come from entering new markets, specifically mobile hardware. With the acquisition, Google gains a portfolio of 17,000 patents and another 7,000 patents pending globally, an area where it is a currently a laggard. But more than anything, it signals how crucial it is for Google to control the Android experience from soup to nuts. AllThingsD: Quick take from Google's investor call to discuss its pending deal for Motorola Mobility: The search giant is spending $12.5 billion on 25,000 patents, and getting a handset maker, too. Business Insider / Silicon Alley Insider: This deal could end up being a disaster. Business Insider / Silicon Alley Insider: As a part of the deal, 19,000 people -- many of them based in Illinois -- just became Googlers. Until now, Google had about 30,000 total. What a headache. AllThingsD: To say that Google is going to face some opposition to its proposed $12.5 billion acquisition of Motorola Mobility is what you might want to call a bit of an understatement. AllThingsD: With the $12.5 billion purchase of Motorola Mobility, the struggling but iconic maker of mobile devices, Google has put a huge stake in the ground in this highly competitive market and thereby shaken up the entire ecosystem. GigaOM: Whether or not Google will maintain Motorola as a separate business, member companies will always wonder if Google has provided any Android code or plans with its new hardware-building subsidiary in advance. GigaOM: Google cites Motorola's commitment to Android and its success based on that commitment as a motivation behind the purchase, but the company mentions another reason fueling the acquisition: patent attacks being levied at Android. Make no mistake: That's the real reason this deal went down. Business Insider / Silicon Alley Insider: How does Google's decision to buy Motorola affect Microsoft? The Official Google Blog: This acquisition will not change our commitment to run Android as an open platform. Motorola will remain a licensee of Android, and Android will remain open. We will run Motorola as a separate business. Many hardware partners have contributed to Android's success, and we look forward to continuing to work with all of them to deliver outstanding user experiences.
MediaNews Group Adds Paywalls To 23 More Newspapers (paidContent)
Readers of MediaNews Group's small and medium-sized newspapers in California, Pennsylvania, New Mexico, Massachusetts, and Vermont will pay for online content under a metered model starting Monday, even if they are print subscribers.
Brian Williams: 'Running Nightly Is A Job I Would Wish On No One' (TVNewser)
New NBC Nightly News executive producer Pat Burkey -- now three weeks into the job -- is Brian Williams' fifth EP in his tenure as anchor and managing editor. Five EPs in seven years? No big deal, says Williams.