Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), Motorola Mobility Holdings Inc (NYSE:MMI), Pandora Media Inc (NYSE:P)
Apple, Google back in court over mobile phone patent lawsuit (Reuters)
Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG) subsidiary Motorola Mobility Holdings Inc (NYSE:MMI) on Wednesday squared off in court over whether a judge should reopen a lawsuit in which the companies accuse one other of illegally using their patented mobile phone technology. The case under review began in 2010 when the smartphone makers filed patent infringement lawsuits against each other. The companies have filed dozens of such lawsuits around the world to protect their technology. Apple, in particular, argues that Android phones made using Google software copy elements of its iPhones.
Google, Hallmark, Pendleton, WMS Gaming: Intellectual Property (BusinessWeek)
Google Inc (NASDAQ:GOOG), operator of the world’s most-used search engine, is seeking a patent on a technology that would add more dimensions to the reading of an electronic book. The application, 20130209981, covers what the Mountain View, California-based company calls “triggered sounds” in e-books. Google said in the application that many people are “transitioning from reading physical books to reading e-books, which have many advantages over physical books, such as more portability, the ability to access the e-book from multiple electronic devices, and text search capability.”
Microsoft executive becomes Pandora CEO (Itvoir)
Pandora Media Inc (NYSE:P) on Wednesday named Brian McAndrews, former Microsoft Corporation (NASDAQ:MSFT) executive and venture capitalist as president, chairman and CEO of the company. McAndrews, 54, will be replacing Joe Kennedy who announced in March that he was leaving the online streaming music company. “What brought me here is the opportunity. We mostly want to focus on customers and what they want and innovate for them,” McAndrews told Reuters.
Investors slam Apple’s new iPhones (BusinessTech)
Apple Inc. (NASDAQ:AAPL)’s new iPhones got panned by Wall Street on Wednesday as investors decried one model for being too costly for emerging markets such as China, and dismissed the other model as lacking enough game-changing features. The world’s most valuable technology company missed an opportunity to introduce a low-end smartphone to drive sales in Asia, where Samsung Electronics and China’s Huawei have a wide lead over Apple, analysts say.
Google CEO Sells $18,485,121 in Stock (GOOG) (Zolmax)
Google Inc (NASDAQ:GOOG) CEO Lawrence Page unloaded 20,833 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $887.30, for a total transaction of $18,485,120.90. Following the transaction, the chief executive officer now directly owns 85,000 shares of the company’s stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
