Wired reports that Twitter's latest acquisition is a tiny Middle Eastern company whose sole focus is enterprise-grade security for Android phones. Whisper Systems, made up of notable computer security guru Moxie Marlinspike and CTO Stuart Anderson, gained the public's interest when it developed a secure, encrypted calling service called RedPhone in the wake of the revolution in Egypt.
AT&T's proposed purchase of T-Mobile. In addition to a Justice Department lawsuit attempting to block the merger entirely, the Federal Communications Commission (you know, that standardizing body that gives us so many juicy leaks) is calling for a hearing into the matter. The last time that the FCC called for a hearing was the proposed merger between DirecTV and Echostar, and that deal never went through.
merge. The deal will cost Google $12.5 billion once complete and will land the search giant the hardware maker to go its popular OS. The merger deal has hurdles left to clear yet, but it is one-step closer to a done deal now.
Google's plans to buy the hardware company outright. At their quarterly earnings report, Motorola reported $3.3 billion USD in total revenue, and a $32 million dollar loss - not terrible in a down economy, and better than last quarter's $52 million. They also extemporized on the Google sale, with enthusiastic plans moving forward. According to Motorola, the sale of the company to Google should be complete before the end of the year, or early 2012 at the absolute latest. That doesn't include any sort of integration, and of course, it's contingent upon stockholders' approval at the meeting on November 17th. The company was quick to highlight the new Motorola DROID RAZR, releasing on November the 10th on Verizon in the United States and elsewhere in the world as just the RAZR. Motorola is putting a lot of emphasis on MotoACTV, the new fitness sensor-service combination, currently slated for a $249 starting price at an indeterminate date. Motorola still isn't where they'd like to be - no company in the red is, and celebrating the fact that you're losing one less cent a share compared with last year doesn't exactly warrant champagne. But things are looking up, and with the R&D muscle of Google bolstering their efforts next year, not to mention a possible inside line on Android, things could be a lot worse. Now if only they'd get off that non-removable battery kick that seems to be continuing with the DROID 4...
buy Motorola Mobility outright back in August. The $12.5 billion deal would stabilize the cell phone icon, which has been struggling even after a successful revival based on Android smartphones. More importantly, it would give Google an in-house manufacturer for Android, creating a top-down supply chain a la the iPhone. Motorola announced via press release that its shareholders will vote to approve or deny the acquisition on November 17th.
filed a lawsuit to stop the merger, and that is only the beginning.
AT&T to acquire T-Mobile. Today the DOJ has filed a formal complaint and anti-trust case against AT&T in the acquisition in an attempt to stop it from moving forward. AT&T was quick to respond so check out more details below.