Key Developments: Google Inc (GOOG.O)

GOOG.O on Nasdaq

28 Aug 2015
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Latest Key Developments (Source: Significant Developments)

Google Inc rejects 'unfounded' EU antitrust charges of market abuse - Reuters
Wednesday, 26 Aug 2015 08:00pm EDT 

Google Inc:Google Inc has rejected EU antitrust charges that it abused its market power, exposing the company to the risk of a hefty fine if it does not alter its business practices - Reuters.The company's comments came after the European Commission in April accused it of distorting internet search results to favour its shopping service, harming both rivals and consumers - Reuters.Commission spokesman Ricardo Cardoso confirmed the receipt of Google's response to the charge sheet - Reuters.If found guilty, the company could face a fine set at a level sufficient to ensure deterrence, according to the Commission's charge sheet seen by Reuters.The EU antitrust authority can sanction wrongdoers up to 10 percent of their global turnover - Reuters.  Full Article

Vivint Solar teams up with Google in newly announced "Project Sunroof"
Tuesday, 18 Aug 2015 10:00am EDT 

Vivint Solar:Says they are teaming up with Google for the newly announced "Project Sunroof".Project Sunroof is a new online tool created by Google that provides homeowners with custom solar information for their home.Says project sunroof is a new online tool created by Google that provides homeowners with custom solar information for their home.  Full Article

Google Inc says plans for new operating structure; says Alphabet Inc will replace Google Inc as publicly-traded entity
Monday, 10 Aug 2015 05:17pm EDT 

Google Inc:Announces plans for new operating structure.Says Creating a new company, called alphabet.Says Alphabet inc will replace Google Inc as publicly-traded entity.Larry page says - "alphabet is mostly a collection of companies. the largest of which, of course, is Google.".Says all shares of Google will automatically convert into the same number of shares of alphabet, with all of the same rights.Larry page says "really excited" to be running alphabet as CEO "with help from my capable partner, sergey, as president".Google will become a wholly-owned subsidiary of alphabet; two classes of shares will continue to trade on NASDAQ as googl and goog.Google's larry page says - "newer Google is bit slimmed down", with cos that are pretty far afield of main internet products contained in alphabet.Says with this new structure plan to implement segment reporting for Q4 results, where Google financials will be provided separately.Google's larry page says - " it is clear to US and our board that it is time for sundar to be CEO of Google.Google's larry page says - "alphabet will also include x lab, which incubates new efforts like wing, drone delivery effort".Says not intending alphabet to be big consumer brand with related products-point is that alphabet should have independence,develop own brands.  Full Article

U.S. top court declines to hear Google Inc appeal in Oracle Java fight - Reuters
Sunday, 28 Jun 2015 08:00pm EDT 

Google Inc:Says Oracle Corp won a major legal victory in a closely watched copyright case involving the company's Java programing language as the U.S. Supreme Court declined to hear Google Inc's appeal.Says the decision upholds a ruling that allows Oracle to seek licensing fees for the use of some of the Java language.Says Google had said it should be able to use Java without paying a fee.Says the case involves how much copyright protection should extend to Java.Says the litigation now returns to a San Francisco federal court for more proceedings on Google's separate "fair use" defense.Says the case examined whether application programing interfaces, which connect programs, can be copyrighted.Says a San Francisco federal judge decided that the Java APIs replicated by Google were not subject to copyright protection and were free for all to use.  Full Article

Ingenico Group and Google collaborate on cross-border e-commerce
Thursday, 18 Jun 2015 01:00am EDT 

Ingenico SA:Ingenico Payment Services has teamed up with Google Inc.Joint program is called export accelerator.Ingenico Payment Services and Google will launch the collaboration with a pilot solution in Belgium as a first step.  Full Article

Toumaz Ltd announces Co-development agreement with Google
Wednesday, 10 Jun 2015 02:00am EDT 

Toumaz Ltd:Says it has signed a co-development agreement with Google Inc.Agreement will see the inclusion of Google's Cast-for-Audio technology in the Group's next generation connected audio solutions - due to ship in the first half of 2016.  Full Article

Opera Software ASA and Google sign agreement
Monday, 1 Jun 2015 04:25am EDT 

Opera Software ASA:Enters into a new agreement to integrate Google as the default search partner for the Opera mobile and desktop browsers (Opera Desktop, Opera Mobile and Opera Mini).This agreement replaces the agreement entered into on Aug. 22, 2012 and is effective through Dec. 31, 2017.This agreement covers all global territories and includes all of Opera's standard mobile and desktop Web browsers.  Full Article

Solocal Group and Google to develop joint B2B offer
Tuesday, 28 Apr 2015 04:05am EDT 

Solocal Group SA:To develop a joint B2B offer with Google.Strategic partnership with Google includes development of joint B2B offer and organization of series of events in France to present this solution to enterprises.  Full Article

EU accuses Google Inc of hurting consumers, competitors in Web search case - Reuters
Wednesday, 15 Apr 2015 09:01pm EDT 

Google Inc:The European Union accused Google Inc of cheating consumers and competitors by distorting Web search results to favor its own shopping service, after a five-year investigation that could change the rules for business online - Reuters.It also started another antitrust investigation into the Android mobile operating system, a key element in Google's strategy to maintain revenues from online advertising as people switch from Web browser searches to smartphone apps.EU Competition Commissioner said the company had been sent a Statement of Objections - effectively a charge sheet - to which it has 10 weeks to respond.Investigations into Google's business practices in other areas would continue.Google rejected the charges.  Full Article

Court questions Google on patent values in Microsoft case - Reuters
Wednesday, 8 Apr 2015 07:01pm EDT 

Google Inc:A U.S. appeals court appeared skeptical toward Google Inc's bid to charge Microsoft Corp a high royalty rate to use some of the Internet search provider's Motorola Mobility patents - Reuters.Microsoft sued Motorola in 2010, alleging Motorola breached its commitment to license some of its industry standard patents on fair terms.After a 2012 trial, a Seattle federal judge found that the appropriate rate for Motorola to license certain wireless and video technology used in the Xbox game console was only a fraction of what Motorola had asked for.The value of Google's patents can affect how it negotiates royalty rates with other tech companies, and firms including Apple Inc and Intel Corp filed court papers supporting Microsoft.After the 2012 trial before U.S. District Judge, the judge said the appropriate royalty rate was about $1.8 mln, slightly above Microsoft's estimate, but well below Motorola's demand for as much as $4 bln a year.Google asked the 9th U.S. Circuit Court of Appeals to rule that the patent rate should have been determined by a jury, not the judge.However, all three members of the 9th Circuit panel suggested that Google's attorneys had not sought a jury trial on that issue at the time.A jury in 2013 awarded Microsoft about $14.5 mln in damages for breach of contract in a subsequent trial.Google has asked that the 9th Circuit reverse that award as well.The 9th Circuit is expected to rule sometime in the coming months.  Full Article


Unions set sights on e-commerce and manufacturing firms after NLRB ruling

- U.S. union leaders said on Friday that a landmark U.S. labor board ruling on companies' obligations toward contract and franchise workers would help them organize manufacturers and e-commerce companies as well as fast food chains.

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