Groupon became the latest company to report quarterly earnings, and its revenue growth fell short of analyst estimates. Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy:
Several tech companies have reported their quarterly earnings, including Facebook for the first time as a public company. LinkedIn recorded strong results to counter disappointing earnings from other newly traded Internet companies _ namely Facebook and Zynga. Groupon reports next week.
Google's second-quarter earnings rose 11 percent despite a deepening decline in the prices paid for its Internet search advertising.
Google says it has completed its acquisition of phone-maker Motorola Mobility and it has appointed a Google executive as the new CEO of the business.
Google Inc. on Tuesday completed its $12.5 billion acquisition of phone maker Motorola Mobility Holdings Inc. and said it has appointed a Google executive as the new CEO of the business.
On Tuesday, Google Inc. completed its $12.5 billion deal to take over Motorola Mobility Holdings Inc. The deal is Google's largest ever _ nearly four times larger than the previous high, the 2008 purchase of online advertising company DoubleClick for $3.2 billion.
Google promptly reshuffled Motorola Mobility's management Tuesday after completing its $12.5 billion acquisition of the device maker.
Here are some key developments in Google's Inc.'s planned acquisition of Motorola Mobility Holdings Inc.:
Google has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet's most powerful company as it tries to shape the future of mobile computing.