google inc-cl c (GOOG) Key Developments
Google Inc.(NasdaqGS:GOOG) added to Russell 3000 Index
Jun 30 15
Google Inc. will be added to the Russell 3000 Index.
Supreme Court Declines to Hear Google's Appeal in Oracle Case
Jun 30 15
The U.S. Supreme Court declined to hear Google's appeal in a copyright dispute with Oracle over Java programming. Google had asked the Supreme Court to hear the case and stop software makers from using copyright law to restrict access to software programs. The court, however, denied the petition for a writ of certiorari. Google was appealing against a May 2014 appeals court ruling that found 37 packages of prewritten Java programs, known as application programming interfaces, entitled to copyright protection. Oracle is reportedly seeking more than $1 billion in damages. The case will be retried in a lower court.
Google Inc. to Open Data Center in Jackson County
Jun 25 15
Google announced that it will open a new data center in Jackson County, Alabama.
Ingenico and Google Partner on E-Commerce Tools
Jun 23 15
Ingenico Payment Services and Google have partnered to develop services for online commerce and payments. Their joint offering Export Accelerator targets SMEs looking to expand in international e-commerce. The service will be tested first in Belgium, where the multi-lingual market offers significant potential for e-commerce. Google provides information from its search engine to help businesses develop web traffic, while Ingenico provides its
payments platform for transactions, data analysis and risk management.
Google Reportedly Enters Fray For Tesco Loyalty Unit
Jun 18 15
Google Inc. (NasdaqGS:GOOGL) is in talks Permira Advisers Ltd. to make a combined offer for dunnhumby Limited from Tesco PLC (LSE:TSCO), Sky News has learnt. Google is considering teaming up with Permira to launch a bid for the business that runs Tesco’s Clubcard. Tesco is believed to be on a long list of 10 parties considering a bid for Tesco unit Dunnhumby July 2015. Tesco is selling off Dunnhumby as part of its bid to to raise up to £5 billion to firm up its balance sheet, in the wake of a collapse in profits and a £263 million accounting scandal 2014. Other parties interested in Dunnhumby are thought to include WPP plc (LSE:WPP) and Nielsen N.V. (NYSE:NLSN). A host of private equity firms are also thought to be reviewing a bid, including Apax Partners LLP, Hellman & Friedman LLC, Bain Capital, LLC, Blackstone, Advent International Corporation, TPG Capital, L.P. and CVC Capital Partners Limited.