Key Developments: Google Inc (GOOG.O)

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Latest Key Developments (Source: Significant Developments)

Google Inc and and Samsung Electronics Co Ltd announces global patent agreement - Reuters
Sunday, 26 Jan 2014 04:00pm EST 

Google Inc:Google Inc and Samsung Electronics Co Ltd announced on Jan. 26, that they have reached a global patent cross-licensing agreement - Reuters.Says the deal covers patents currently owned by the companies, as well as any filed in the next 10 years, the companies said in a release.Says the financial terms were not disclosed.  Full Article

Google Inc to acquire Nest Labs Inc
Monday, 13 Jan 2014 04:41pm EST 

Google Inc:Enters into an agreement to buy Nest Labs Inc.Says for transaction value of $3.2 bln in cash.Says transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the US.Says it is expected to close in the next few months.  Full Article

Honda Motor Co Ltd to cooperate with Google Inc-The Shikoku Shimbun
Tuesday, 7 Jan 2014 07:00pm EST 

Honda Motor Co Ltd and Google Inc:Honda Motor Co to cooperate with Google Inc through joining open automotive alliance of Google-The Shikoku Shimbun.Open automotive alliance aims at the progress of automatic driving technology through the telecommunications with communication infrastructure such as traffic lights.  Full Article

Google Inc acquires developer of military robots-Reuters
Monday, 16 Dec 2013 01:52pm EST 

Google Inc:Big Dog, a four-legged robot that can climb muddy hills, and Cheetah, a robot which can outrun the fastest human, are among the robots that now belong to Google Inc-Reuters.The company acquired Boston Dynamics, a privately held company known for building robots that look as if they belong in a science-fiction movie and which are often co-developed or funded by the U.S. military.The financial terms of the deal could not be learned.  Full Article

Google Inc To Pay $17 Million To Settle States' Safari Probe - Reuters
Monday, 18 Nov 2013 02:54pm EST 

Reuters reported that Google Inc will pay $17 million to settle allegations by 37 states and the District of Colombia that it secretly tracked Web users by placing special digital files on the Web browsers of their smartphones. The deal, announced November 18, 2013, ends a nearly two-year probe by the states into allegations that Google bypassed the privacy settings of customers using Apple Inc's Safari Web browser by placing cookies into the browser. Cookies are special files that allow websites and advertisers to identify individual Web surfers and track their browsing habits. The Safari Web browser used on iPhones and iPads automatically blocks third-party cookies, but Google altered the computer code of its cookies and was able to circumvent the blocks between June 2011 and February 2012, according to the states' allegations. Under the terms of deal, Google agreed not to use the type of code capable of overriding browser settings without user consent, unless for security, fraud or technical issues. It also agreed to provide consumers with more information about cookies for the next five years.  Full Article

Google Inc Faces Anti Trust Probes In India And Four Other Jurisdictions - Business Standard
Wednesday, 30 Oct 2013 07:37am EDT 

Business Standard reported that Google Inc is facing probes by fair trade regulators in India, Europe and three other jurisdictions for alleged anti-competitive practices. Competition authorities in Argentina, Brazil and Taiwan have also opened investigations into certain aspects of Google's business, according to the Company. The Company said in a recent regulatory filing that the Comision Nacional de Defensa de la Competencia in Argentina, the Competition Commission of India, the Taiwan Fair Trade Commission and Brazil's Council for Economic Defense have also opened investigations into certain of the Company business practices.  Full Article

EU Seeks Feedback On Google Inc Revised Antitrust Offer-Reuters
Monday, 28 Oct 2013 01:03pm EDT 

Reuters reported that EU regulators have asked 125 Google Inc rivals and third parties to provide feedback on the company's second attempt to settle a three-year-long antitrust investigation and avert a possible $5 billion fine. The European Commission's hopes of closing the case next spring, however, suffered a setback after several rivals criticised Google's latest offer for not being materially different from a proposal made in April. Google's original proposal in April was rejected by its competitors, who said that the changes would only reinforce the company's dominance. That prompted the EU antitrust authority to demand fresh concessions from the U.S. company.  Full Article

Google Inc Beats Q3 As Ad Volume Grows - Reuters
Thursday, 17 Oct 2013 07:43pm EDT 

Reuters reported that Google Inc's quarterly results beat Wall Street's expectations as the Company expanded its mobile and overseas businesses while keeping ad-rate declines in check, sending its shares to a record high. The average cost-per-click - the price that marketers pay Google when consumers click on their ads - decreased 8% during the third quarter, deepening the 6% price erosion that Google experienced in the second quarter. The Company also pointed to Google's 28% revenue growth outside of the U.S. and Britain as further signs of Google's strength.  Full Article

Seat Pagine Gialle SpA's Seat PG Italia Renews Partnership with Google Inc
Monday, 14 Oct 2013 10:07am EDT 

Seat Pagine Gialle SpA announced that Seat PG Italia has renewed its partnership with Google Inc and will remain a Premium Partner of AdWords, the advertising programme that allows companies to promote themselves on the Google search engine and the Google Display network. A Premium Partner since 2009, Seat PG Italia has integrated Google AdWords into its PGclick portfolio of tools and offers personalized advertising solutions created specifically for each SME, identifying the right combination of parameters for each company. PGclick is a solution created by Seat PG Italia.  Full Article

Brazil Investigates Google Inc Over Antitrust Charges-Reuters
Friday, 11 Oct 2013 11:25am EDT 

Reuters reported that Brazil is investigating Google Inc for anticompetitive practices alleged by Microsoft Corp and Brazilian rivals. Brazilian antitrust watchdog Cade said on October 11, 2013 it is looking into accusations that Google has unfairly used rivals' content, discouraged their advertisers and favored its own product listings in search results. Microsoft filed a complaint charging Google with obstructing advertising campaigns across multiple search engines, giving an unfair advantage to Google's profitable AdWords service, according to a Cade statement. Brazilian comparison shopping sites BuscapĂ© and Bondfardo accused Google of reproducing product reviews from their users - a practice known as scraping - without allowing the competitors to do the same with its website Google Shopping. Cade is also looking into complaints from BuscapĂ© and Bondfardo that Google gives unfair prominence to Google Shopping on its general Web search, making it the only price-comparison tool that appears with photos, prices and evaluations.  Full Article

Google extends reach into mobile apps with new ad feature

SAN FRANCISCO, April 22 - Google Inc will allow marketers to run online ads that send consumers to a page directly inside a mobile app, furthering the Internet company's effort to extend its multibillion-dollar advertising business to smartphones.

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