Race heats up as Google swoops on drone maker April 14, 2014 TECHNOLOGY giant Google has snapped up Titan Aerospace, a start-up that develops drones, for an undisclosed sum. The purchase, announced by Google yesterday, is the latest in a series of high-profile acquisitions of drone makers. Facebook bought UK-based Ascenta for $20m last month, while Amazon is already testing drones to be used for deliveries. Titan [...]
Google focuses on wearable tech March 10, 2014 Google is set to release an Android-based software development kit for wearable devices, its Android chief Sundar Pichai said yesterday while speaking at the South by Southwest Interactive conference in Texas. “In two weeks we are launching the first developer SDK for Android,” Pichai said. “That will lay out the vision for developers in how [...]
Google just lifted the lid on its new investment arm February 19, 2014 Tech giant Google has finally given some details on Google Capital – a new arm intended to "invest in the most promising companies of tomorrow". The company, famous for its search engine, says that its approach will have one important difference to its established Google Ventures team. While Ventures is all about the early-stage investments, [...]
Google and Samsung sign up for a 10-year patent licensing deal January 26, 2014 Google and Samsung Electronics, which are frequently involved in patent infringement lawsuits but not against each other, yesterday announced they have reached a global patent cross-licensing agreement. 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. Financial terms were [...]
Sarkozy proposes Google tax to help French artists January 7, 2010 France could start taxing internet advertising revenue from online companies such as Google, using the funds to support creative industries that have been hit by the digital revolution. The proposal, put forward in a government-commissioned survey, is France’s latest challenge to Google and its online rivals. Google said that it does not believe an additional [...]
Google astounds market with £215m profit October 21, 2005 Global giant Google has exceeded Wall Street expectations by announcing a sevenfold leap in third quarter profits. The search engine reported net income of $381.2m (£214.9m), more than six times higher than the previous year. Profit before tax soared to $550m compared to $15m at the same period in 2004, on a 96 per cent [...]
Google gives up battle for Gmail name October 20, 2005 Google yesterday gave up its long battle with a tiny company for the use of its Gmail branded email in Britain. Following months of wrangling, the company with a market capitalisation of £31bn bowed to pressure from London-based Independent International Investment Research (IIIR), worth just £2.3m, and changed its name to Googlemail. Now new users [...]