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SAN FRANCISCO, May 22 () -- Google announced on Tuesday that it has closed the 12.5 billion-U.S. dollar acquisition of Motorola Mobility."I'm excited to announce today that our Motorola Mobility deal has closed. Motorola is a great American tech company that has driven the mobile revolution, with a track record of over 80 years of innovation, including the creation of the first cell phone," Larry Page, Google co-founder and chief executive officer, wrote in a blog post.Motorola Mobility's Sanjay Jha will step down as CEO and Google Senior Vice President Dennis Woodside will lead the cellphone company, according to the post."It's a well known fact that people tend to overestimate the impact technology will have in the short term, but underestimate its significance in the longer term," wrote Page."Many users coming online today may never use a desktop machine, and the impact of that transition will be profound -- as will the ability to just tap and pay with your phone. That's why it's a great time to be in the mobile business."Google announced to acquire Motorola Mobility for 12.5 billion dollars in August, with a purchasing price 63 percent premium over Motorola's closing price on the day when the deal was announced.The deal then had to be approved by a series of regulators around the world.Motorola Mobility's patent portfolio is seen as the main reason for the acquisition, as Google, along with its manufacturing partners, are fighting legal battles with companies claiming that Google's Android platform violates patents.However, there have been concerns that the software-hardware bundle may not work for Google as it did for Apple. And it may also affect Google's partnership with other manufacturers as Google may favor its own hardware play in the future.Motorola has around 19,000 employees, about 60 percent of Google's working force. Technology news site TechCrunch reported on Monday that Google is considering laying off some Motorola employees after the deal is closed.
Anna Hazare sits on the stage for a three-day fast in Mumbai, India, Dec. 27, 2011. India's well-known social activist Anna Hazare staged his three-day fast in Indian business hub Mumbai on Tuesday in a bid to force on-going parliament to adopt strong ombudsman bill. The rally led by Anna Hazare, who is in fever due to coldness for more than one day, has drawn five to eight thousand people from the surrounding area until the noon of Tuesday. (/Liu Yanan)?MUMBAI, Dec. 27 () - India's well-known social activist Anna Hazare staged his three-day fast in Indian business hub Mumbai on Tuesday in a bid to force on-going parliament to adopt strong ombudsman bill.The rally led by Anna Hazare, who is in fever due to coldness for more than one day, has drawn five to eight thousand people from the surrounding area until the noon of Tuesday.Many people reached the ground for rally in Bandra Kurla Complex of north Mumbai by motorbikes and buses waving India's national flags.While addressing the rally, Anna Hazare said he would live and die for India and will campaign against government in five poll- bound states with them betrayed by the government.Arvind Kejriwal, a leading activist from Anna's team, called on the parliament to dump its weak anti-graft Lokpal bill and accept Jan Lokpal bill by Anna's team.Meanwhile, 74-year-old Anna Hazare was urged to stop his fast by his eminent supporters on ground of unwellness.Anna Hazare has threatened to fill the jail if the parliament fails to pass a strong and effective Lokpal bill within next few days.Around 140,000 people have signed their support for the fresh movement on a website named
www.jailchalo.com by Anna's team.The government has expressed its desire for Anna Hazare to wait some time for the parliament to finish debate on the Lokpal bill.Now, the government and Anna's team are divided on whether low- rank officials and Central Bureau of Investigation to be covered by the proposed law among other issues.The local government has deployed around 2,000 police to secure order and security for the rally.Anna Hazare has launched a nationwide protests and a 13-day- fast against corruption in this August, forcing Indian government accelerating the legislation of anti-graft law. 1 2 3 1 2 3
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