Lenovo might make some pretty good PCs, but they’re not that good when it comes to business. As you might already know, they recently bought back their mobile phone making unit for twice the price they sold it for in 2008. The lucky folks getting the cash are the Hony Group, making a million dollars a week for the last two years. Lenovo sold...
Remember the September rumour regarding Nokia’s intention of buying out Palm? Now , the story is back again, making Palm’s stock climb over 8% on Friday, after the latest speculations went public. While neither company is willing to comment on the rumour, we remind you that Nokia is very busy with making Symbian survive and look cool, while...
Google has just announced that it’ll spend $750 million in stock to acquire mobile display ad company AdMob. This company is famous for serving ads on iPhones and recently it has started serving them on Android phones as well. AdMob seems to fit Google’s advertising business model, so it’ll be an advantage for the Mountain View giant. AdMob...
Sprint Nextel Corp. has just announced that it plans on buying Virgin Mobile USA for about $483 million. This deal will open the low end prepaid market to Sprint, who already owns 13.1% of Virgin Mobile. Palm Pre’s exclusive carrier also plans on paying Virgin Mobile’s debt, estimated at $205 million by September 30 and all of these positive...
Rumour’s out that Dell is planning to buy Palm, according to a Wall Street Journal article. Dell has publicly stated that it intends to make a couple of acquisitions, after selling $1 billion in bonds. Could a service-related acquisition be the solution for the company? Chances are quite slim that Dell will ever match the likes of IBM or HP even...
Although major carriers rejected Dell’s first smartphone prototypes, the famous PC maker is determined to launch its handsets, one way or another. CEO Michael Dell confirmed that the company is planning on entering the smartphone biz, although there’s no announcement to be made just yet. Last week, we found out that carriers rejected Dell’s...
Taking advantage of the economical depression, Microsoft wants not only to try and convince Yahoo! to give in to its proposal, but also take over RIM, the maker of BlackBerry handsets. Its stocks have dropped down to a value of $50, abysmal for such a big name in the mobile industry. We’re pretty sure Microsoft wants to respond as quickly as...
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