Justice Dept. Prepared to Approve Google's Moto Acquisition
The Justice Department is set to approve Google's proposed acquisition of Motorola as early as next week, reports the Wall Street Journal. Citing people familiar with the Justice Department's plans, the Journal reports that the government greenlight the deal, but will keep close watch on how Google uses the 17,000 patents it wins with the acquisition of the U.S. smartphone maker. The European Commission has already cleared the deal, as have the shareholders of Motorola and Google. Google announced plans to purchase Motorola for $12.5 billion in August 2011. Separately, the Justice Department is also prepared to approve Nortel's sale of patents to a collection of companies, including Apple, Microsoft, and Research In Motion. The Justice Department originally feared the consortium of Nortel patent winners would use their power to strangle Google's Android platform.
Google Updates Daydream to Version 2.0 Euphrates
Google today provided some insight on its Daydream virtual reality platform and says a new version of Daydream will soon make its debut. Daydream 2.0 Euphrates targets standalone VR headsets and is powered by Android O.
BlackBerry Offering Privacy Shade Tool to All Hub+ Subscribers
BlackBerry today outlined several changes headed to its suite of Android applications, including the general availability of the Privacy Shade. The Privacy Shade was first made available only to BlackBerry-branded handsets, but will soon be available to any Android handset that relies on the BlackBerry Hub+ service.
FCC and Justice Dept. Likely to Approve AT&T-DirecTV Deal
The FCC and Department of Justice are wrapping up their review of AT&T's proposed $49 billion acquisition of DirecTV and don't have any real concerns, according to people familiar with the matter. The agencies may still impose conditions on the deal, but aren't likely to block it, says the Wall Street Journal.
Apple's Patent Consortium to Sell 4,000 Patents for $900M
Rockstar Consortium, a patent-holding company headed by Apple, has agreed to sell more than 4,000 mobile patents for about $900 million. Apple and partners Microsoft, BlackBerry, Ericsson, and Sony paid $4.5 billion for more than 6,000 patents from Nortel four years ago in order to help protect against litigation.
apple gets what they deserve