Nokia and Chinese handset maker Xiaomi Technology have signed a multi-year patent licensing agreement. Xiaomi also acquired patent assets from Nokia as part of the transaction. The deal also includes a cross license to each company’s cellular standard essential patents.
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There have been reports that Samsung will provide OLED panels for future iPhones. Now, a latest one from The Investor says Samsung has a finalised a $4.3-billion deal to manufacture 60 million OLED panels.
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Qualcomm and OPPO have entered into a new 3G and 4G patent license agreement for China. Under the terms of the agreement, Qualcomm has granted OPPO a royalty bearing patent license to develop, manufacture and sell 3G (WCDMA and CDMA2000) and 4G, including 3-mode (LTE-TDD, TD-SCDMA and GSM) complete terminals.
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At the beginning of this year, it was reported that Foxconn has offered $5.1 billion to buy Sharp. However, the deal was delayed over the negotiation of the the bailout. Now, new reports are suggesting that both the companies are ready to ink the deal this week.
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It looks like Apple is pulling away from Amazon and joining hands with Google for its Cloud business. According to a latest report from CRN, Apple has signed a deal with Google Cloud Platform for iCloud and other cloud-based Apple services.
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Yahoo has signed a deal with Google to provide search ads. The deal builds on an existing search partnership with Microsoft under which Yahoo gets a percentage of revenue from ads displayed on its sites.
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Samsung has lost its bid to a US Judge about putting the Microsoft smartphone patent royalties suit on hold. The U.S. District Judge Jed Rakoff said the lawsuit would proceed despite the arbitration.
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Samsung is claiming that Microsoft has violated the deal between the two after it completed the Nokia acquisition earlier this year, as per the latest report from Reuters. The South Korean electronic giant is hence defending its action of not paying the royalties to Microsoft as the Nokia deal makes the software giant a direct hardware competitor.
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The Microsoft takeover of Nokia’s devices and services division is easily one of the most high profile acquisitions from the recent past. After the announcement of this deal, it was said that the regulatory bodies all around the world would have to give their go ahead and only then can the deal be closed. Initially, it was meant to be completed within the first quarter of 2014, but it has now been revealed that some of the regulatory approvals are still pending and the deal is now expected to close in April 2014.
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Foursquare, the popular location-based social network, has just received a 15 million dollar investment from Microsoft. This equity investment from the Redmond company comes after a successful $35mn round of VC funding for the New York based Startup in December last year, reports the Wall Street Journal. Along with this fresh investment, Microsoft has also entered into a multi-year deal with Foursquare for licensing its vast location-based data. This will apparently be put to use in its Search Engine Bing, and naturally in Windows Phone too, as an extension. Foursquare has a massive point of interest database that’s heavily crowd sourced with tips, check ins, comments and so forth, hence we think this deal is a biggie for Microsoft.
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Lenovo, the world’s no. 1 PC maker and one of the top 5 Smartphone vendors in the world, is reportedly buying out Motorola’s Mobility division from Google for close 3 billion USD, reports Reuters. With final talks between Lenovo and Google going on, Reuters adds that the Motorola mobility division is the one that makes the Moto X and the recently launched popular budget device, Moto G. Lenovo will also be getting its hands on certain patents as a part of the deal, reportedly. Google created a lot of flutter, not long ago, when it announced that it will acquire Motorola’s mobility division for a whopping 12.5 billion USD. It was assumed that the money was for all the patents, but Motorola(under Google’s leadership) announced the Moto X and the Moto G, with very few tweaks and modifications, which possibly signaled more Google intervention than ever, but it looks like that was not the case then, nor is it now.
Lenovo and Google have just made the acquisition official, read here for more details.
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RedBus.in is one of India’s most popular bus ticket booking and reservation service, which incidentally released apps for the Windows 8 and Windows Phone 8 platforms earlier, with a great Metro UI based experience. But now, they have not only released updates to these apps, but also added a bit of an exclusive offer to them. With the RedBus.in app on Windows 8, you get Rs. 75/- off on a ticket, if it costs more than Rs. 500/-, till December 31st, 2013. Considering this is the holiday season when a lot of bookings are done, this seems like a perfect match for Windows 8 users wanting to book tickets for most destinations in India.
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Waze is a one-of-a-kind GPS navigation service, in which some real time data depends on crowd sourced data from users all over the world using its app. Recently, Waze touted an impressive number of 50 million users on its service. It has been rumoured for quite some time that Waze has been on sale and many biggies like Facebook, Apple and Google were in talks to acquire the Israeli company. But if the recent reports from Israel are to be believed, Google has apparently won the race and is all prepared to buy Waze for a cool $1.3 Bn, which is more than what Facebook paid for Instagram.
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To put an end to their long pending patent dispute, HTC and Apple have entered into a global settlement which includes a 10 year cross licensing agreement. The news was revealed in a join statement released by HTC and Apple. The deal covers all current and future patents by the companies.
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HP has finally decided to buy Palm for $1.2 billion, which equals to $5.70 per share of Palm common stock. This deal is expected to be completed by the HP’s third fiscal quarter ending on July 31.
The wait is over! HP has finally decided to buy Palm for $1.2 billion, which equals to $5.70 per share of Palm common stock. This deal is expected to be completed by the HP’s third fiscal quarter ending on July 31. Under the terms of the merger agreement, Palm stockholders will receive $5.70 in cash for each share of Palm common stock that they hold at the closing of the merger. Palm CEO Jon Rubinstein is expected to remain with the company. Check out the press release below.
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