Google Buys Motorola Handset Business
By 2wicelot
@2wicelot (2945)
August 15, 2011 12:49pm CST
Google it seems is on a roll. It has now decided to buy the handset business of motorola for $12.5 billion. Talk about a rich company. Google seem to want to be involved with everything and every kind of business especially the ones related to technology. In the near future, at the rate things are going, Google may control everything.
More of the story here http://news.yahoo.com/googles-12-5-billion-deal-did-motorola-want-160927063.html
1 person likes this
8 responses
@cynthiann (18602)
• Jamaica
15 Aug 11
I don't like total monopolies of any business![](/Content/images/emotes/angry.gif)
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@cynthiann (18602)
• Jamaica
15 Aug 11
where I live there is only one company that supplies electricity. Our rates are among the highest in the world. Much more than the USA. Consequently we cannot compete in the global market because of the cost of electricity. It os like we are all being held to ransom by one company and out government is not doing anything about it. My monthly electricity bill is over one quarter of my monthly salary. I get so angry by the lack of caring by governments for the people who elected them to govern.
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@francesca5 (1344)
•
15 Aug 11
that sounds like a serious problem, there, cynthiann. thats a lot of money for electricity. i saw on your profile you are in jamaica, so you don't have massively high heating costs, which might explain such high bills.
and the price of electricty does impact on an economy. our gas and electricity in the uk prices seem to just keep going up, but its more a cartel than a monopoly, and our government seems completely unaware of the economic problems this causes.
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@celticeagle (170797)
• Boise, Idaho
16 Aug 11
If you are planning on being in the business online I think it is smart to diversify and have several directions you go in. If not, why bother? They bought Motorola and now I wonder what will be next. I think it is a game of who has what. Each company has to match another or there will be another minopoly like with AT&T.
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@celticeagle (170797)
• Boise, Idaho
16 Aug 11
But their competition keeps an eye on them and buys as they need to to keep in the game. I really doubt one will become a minopoly.
@samafayla33 (1856)
• United States
18 Aug 11
this is great because you can really get more fir your money
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