With a stock price of $1,149 at the time of this posting, it's safe to say that Google has been on a roll lately. However, having said that, the company has had its fair share of misfires. With Google recently purchasing Nest for a massive 3.2 billion dollars, quite the audacious move, we couldn't help but reflect on the company's greatest triumphs and tribulations over the years.
$3.2 billion in cash for the makers of thermostats and smoke alarms
Google has announced their acquisition of Nest Labs, a company that developed and manufactures the Nest Thermostat and Nest Protect. According to the press release no changes will be made to the Nest’s leadership structure and that it will continue to operate under Google’s umbrella with its brand identity.
Google Music All Access subscribers have a chance to shake their Glass
If you're a member of Google's Music All Access subscription streaming service, keep your eyes open for an email from the sultan of search inviting you to participate in the Glass Explorer program. Google hasn't made an official announcement, though some Music All Access subscribers report receiving VIP invitations to be part of what's so far been an exclusive club only open to developers.
It looks like 2014 might be a profitable year as well
The tech industry has seen a hefty rise this holiday season, with stock prices remaining at their yearly highs. TechSpot reports 45 tech IPOs out of the United States over the past year, which happens to be the most seen since thirteen years ago in 2000. The forecast for 2014 is looking awfully sweet as well, with mobile game and storage companies looking to enter the fold.
Rockstar Consortium under fire after targeting Android
Google has decided that enough is enough. The company has filed a lawsuit against Rockstar Consortium—a patent group backed by many of Google’s biggest competitors—claiming that the group’s patent campaign is unfairly targeting Google and its Android partners.
Distimo year-end review details the success of the freemium business model
Freemium apps—free apps with in-app purchases—make up a huge majority of the revenue generated in both the Apple App Store and on Google Play. It’s a business model that’s become more and more popular with video games and now applications inserting paid add-ons into games and apps that initially cost nothing to download.
After more than a year in closed beta and amassing over 1 million downloads, Google's Niantic Labs just launched Ingress to the public. What is Ingress, you ask? It's a journey into alternate reality gaming, is one answer. Another answer is that it's a blending of augmented reality with MMO gaming for people with Android devices (iOS support will come later). It gets gamers outdoors in a sort of geo-caching expedition with real-life capture point control.
If you recently scored an HP Chromebook 11, be aware that there's been a recall on the bundled charger with those devices. According to information obtained from the United States Consumer Product Safety Commission (CPSC), Google and HP issued the recall after fielding complaints of chargers overheating and melting during use. Google has received nine reports to date, including one report of a small burn to a consumer and a report of a burnt pillow.
Google and Intel have been sharing similar strategies for a while now, though that might be getting ready to be taken to the next level. Reports from Bloomberg indicate that Google is considering constructing their own ARM-based servers.
Microsoft really should rethink its relentless "Scroogled" campaign and in particular its vendetta against Chromebooks. We're not saying Microsoft should readily embrace a competitor's ecosystem, but the more hardware partners that join the Chromebook movement, the sillier Microsoft looks for disparaging the platform. We bring this up because Dell, the world's third largest PC maker, just announced a Chromebook of its own.