Comcast is slated to acquire Time Warner Cable in what would be a merger of the two largest cable operators in the United States, according to sources that spoke with The Wall Street Journal. The acquisition is said to be taking place for $45 billion, all in stock, and would ensure Comcast's continued dominance in the industry.
Lenovo's Q3 (October to December) financial report is in, and with it comes a slew of milestones for the company, as well as increases in quarterly revenue and record shipment numbers. Among it all came a warning, however, that the company's recent acquisitions -- most notably the Motorola acquisition -- will cause a short term hit to the company's future performance.
Google announced the Nest Labs acquisition back in mid-January. The purchase price was set at $3.2 billion in cash, and as we learned, the Nest team would be welcomed into the Google family. But while the acquisition was announced, and some plans were specified, there was also the standard line about the "customary closing conditions."
It may come as a sad news to many fans of the brand but rumors of Sony selling its PC has just been confirmed. It has entered into a Memorandum of Understanding with Japan Industrial Partners (JIP) to sell the company's PC-related assets, which both companies hope to complete by July this year.
Late last year, Twitter was on the receiving end of a letter from IBM claiming the microblogging website was infringing on three of its vast trove of patents. IBM proposed an amicable "business resolution" to the budding legal dispute -- teaspoon of honey and all that -- and it seems such a resolution has been struck, with Twitter acquiring more than 900 of the company's patents.
In the quarter of the year that ended on the 29th of December, 2013 - the financial quarter, that is - Qualcomm reported this week that they'd pulled in record numbers. Record quarterly revenues, MSM chip shipments, and device sales reported by licensees, each of them higher than Qualcomm had ever seen for this particular quarter any year previous. This stacks up well with a quarterly revenue of $6.62 billion USD - that's up 2% compared to the quarter before this one and up 10% year-over-year.
Today it would appear that a rather unforeseen set of events has led Lenovo to be appearing to purchase Motorola Mobility from Google. This sort of buy would be a major one - larger perhaps, even, than the news in 2011 that Google was purchasing Motorola in the first place. The deal is said to be worth between $2- and $3-billion USD and is being tipped now by multiple independent sources.
UPDATE: It's official.
Today Microsoft announced that they'd be buying the Gears of War franchise, moving it to their own developer studios for further work on their own platforms from here on out. Lead designer Cliff Bleszinski, of the first three titles in the franchise, spoke up this afternoon on his experience with this purchase, made all the more interesting due to the fact that he hasn't worked with the games since the release of Gears of War 3.