Google revealed on Tuesday the next community to be given access to its ultra-fast Fiber Internet service, prompting shudders of anticipation in the heart of Texas. Following Kansas City, Kansas and Kansas City, Missouri, Austin will be the third US city to enjoy Google's high-speed network, which the tech giant says delivers speeds of up to 1 gigabit per second, or about 100 times faster than the average Internet speed across the country. With the network in place, Google will also offer Fiber TV, an all-HD television service that allows users to record as many as eight shows at a time and store 500 hours of programming online. Users can then access the video from the cloud on any device including computers, tablets and smartphones.
According to numerous reports across the Web, Google is close to releasing a new note-taking application meant to challenge Evernote, the clear-cut leader in the space with more than 50 million users worldwide. Tech blogs and news sites were busy Monday with reports that Google debuted a new desktop-based App called Keep on Google Drive Sunday, leaving the app up for just 30 minutes before taking it down. Android Police noted that the service is somewhat similar to Notebook, Google's note-taking program that was sunsetted in 2009. A spokesman for Google declined to comment on the new app.
The Federal Trade Commission quietly came to an agreement with Internet titan Google on Thursday with a settlement likely to be considered too lenient by the Mountain View, California based company's competitors and activists that have accused it of unfair abuse of its considerable dominance over the Internet. The agency unveiled the settlement in a statement from the agency's Chairman, Jon Leibowitz. Under the terms of the deal, Google agreed to begin licensing patents at fair rates, including the massive portfolio of patents it got when paid $12.5 billion for Motorola Mobility earlier this year. The company has also agreed not to discriminate against its rivals in licensing patents, which analysts say is a key to competitive balance in the tech sector.
Starbucks announced on Friday it will begin paying more taxes in the United Kingdom in response to criticism from British officials and the media. Reuters reported in October that the coffee chain had reported 13 straight years of losses in tits UK division, even though the company had described the division as profitable to investors. In fact, the company had described the UK division as one of its best performing units among overseas markets. Engsov added that while data is still being examined, the company believes it can pay about 10 million pounds in each of the next two years in addition to the taxes it already pays in the UK.
British authorities are investigating a group of giant US companies for possible tax evasion. The UK Parliament's Public Accounts Committee held an unusual hearing on Monday to address claims that Google, Amazon and Starbucks have been hiding earnings in the UK for years in order to save money on their tax bills. Officials charged that Starbucks' claims that it has been losing money in Britain are simply not believable. Starbucks, which has operated in Britain for 15 years now, has claimed a net loss for UK operations in all but one of the years it has operated there.
Google spoiled lunch on Thursday for thousands of investors when it accidentally reported its third-quarter earnings about four hours early. The Mountain View, California tech giant was scheduled to release the earnings after Thursday's closing bell, but instead released the news at lunch. Shares plummeted on the release as the world's Internet search leader missed analyst's expectations on both the top and bottom lines. Particularly disappointing was the company's adjusted earnings, which missed by more than a buck-fifty per share.
BING IT ON - www.Bingiton.com
Many people have become accustomed to using Google as their go-to search engine but now search engine Bing wants to change that....or at least give you the opportunity to decide for yourself. With their new battle website, Bing claims that people chose Bing web search results over Google nearly 2 to 1. When I took the Bing challenge, I have to say that Bing won too, however, for maps and pictures I still prefer Google.
Are you ready to take on the King of Search?
Bing It On
Google announced Monday morning that it will reduce the workforce of its Motorola Mobility unit by almost twenty percent and shutter nearly a third of its operations around the world. Google acquired the mobile device branch of Motorola earlier this year for $12.5 billion, mainly to strengthen its portfolio of mobile-related patents, but also to begin developing its own devices. The company also noted it would likely take a charge related to the layoffs of as much as $275 million, with the majority of that charge to hit in the third quarter.
Internet powerhouse Google announced on Monday it has agreed to acquire Frommer's, a brand of travel guide books, for an undisclosed amount. John Wiley & Sons, who agreed to sell the Frommer's brand, revealed back in March that it was seeking a buyer for the business in an effort to re-focus the company's efforts. As for Google, the purchase is part of a broader effort to strengthen its local search offerings. The Mountain View, California search giant also acquired Zagat's about a year ago and launched Google Flight Search about five days later.
Despite having already taken a number of pre-orders for its Nexus Q, tech titan Google announced on Wednesday it was delaying shipment the media streaming device to make improvements based on feedback from a beta testers requesting more functionality. Industry writers who got their hands on the Q were not kind in their initial assessments, deriding the device's price tag, limited functionality and compatibility with only Android devices.