According to its executive vice president, David Messenger, American Express Co. has been seeking certain sizeable international acquisitions in order to assist in its efforts to take advantage of a spike in demand for online commerce and mobile payments in emerging markets. Based on purchases, Amex is the largest issuer of credit cards in the world. Based in New York, it is now looking into deals in China and other developing regions, and, according to Messenger, it wants to make purchases of and investments into startups in Silicon Valley that…
Read MoreTag: google mobile
Google acquires Motorola Mobility and its over 17,000 patents
Many high-tech experts were surprised by Google’s latest acquisition bid of $12.5 billion for Motorola Mobility, an Android phone manufacturer. The all-cash, $40 per share deal comes at a premium of 63 percent. Google has announced that if the deal closes in 2011 or at the beginning of 2012, it will be running Motorola Mobility as its own company. Should the deal close, Google will be receiving more than just a cell phone manufacturer. The first major thing that it will obtain is patent protection, as Motorola currently holds over…
Read MoreGoogle’s +1 button has expanded its use and potential
Though Google+ is considered to be in its limited “field trial” (beta) mode, it has still become exceptionally popular very quickly as its developer teams continue to tweak, alter, and improve the social network features and service, including the +1 button. The +1 button was in existence for quite a while before Google+ became available, but it never quite took off. However, now that the two of them are both available together, Google is significantly expanding the button’s functionality. Formerly, the primary use of the +1 button was to help…
Read MoreYouTube is a stroke of mobile marketing genius
As Google continues the implementation of a strategy that has been designed to keep the internet giant at the head of the mobile marketplace, YouTube is being acknowledged as an important element of that effort. Its recent purchase of Motorola is only one of its many steps into the mobile world, that have also included a number of services such as mobile payments, which are currently being tested and are expected to begin taking off in the near future. What has been considered quite surprising is that its ownership of…
Read MoreWill Google+ hold up against the competition?
Google has finally pushed its way into the social networking world, with Google+ taking off in a way that Wave, Buzz, and other attempts never did, but tech experts are asking whether it will be able to maintain its popularity beyond its novelty, or whether the competition will drown it out. In the first two weeks of Google+, it managed to break the 10 million user mark. So far, user feedback seems to indicate that people are happy with the service once it passed the initial feelings that they don’t…
Read More