While Facebook is facing lawsuits accused of inflating their business prospects, Google is positioned for the future as mobile phone giant.
“The phones in our pockets have become supercomputers that are changing our way of life. Now you can do things you thought were magical (…) For that reason, I am delighted to report that we closed agreement (purchase) of Motorola “….
So connected the CEO of Google, Larry Page, in his blog the purchase of Motorola by the giant Google, a definitive commitment to the future of mobile technology not only by Android, Google’s operating system, but also pointing to the manufacture terminals.
With a good segment of Android, the home of Mountain View would thus come full circle where production would lack any of the elements to dominate the network communication. From the manufacture of devices to operating systems or search under a single brand, a more than attractive to activate your only segment slope, social networks, with a Google Plus fails to rebound against the omnipresent Facebook.
It is precisely this commitment to the public by mobile technology seems to have become the executioner of the great competitor for the race in the network, Facebook. Not for the failed IPO of the latter, that after raising expectations among investors, supported also by the expectation on the Net began its downward trading with losses of up to 18%.
But because two days of leaving the park, the former company of the miracles of Zuckerberg will face further the announced joint demands of investors and shareholders for insider trading.
“The reality at the time of its release in exchange was that Facebook was experiencing a severe and sharp decline in revenue growth due to increased users of your application or web through mobile devices rather than traditional computers,” says the complaint filed in the Court for the Southern District of New York.
Among the accused be brought directly to Zuckerberg, Facebook’s chief financial officer, David Ebersman and banks Morgan Stanley, JPMorgan, Goldman Sachs and Barclays, who allegedly concealed information to other investors about the true value due to immature business model in mobile telephony.
Category: Stock Market Trading