Google Inc (GOOG) News: New Leader, Reiterated Rating, Microsoft Corporation (MSFT) a Common Foe & More

Editor’s Note: Related tickers: Google Inc (NASDAQ:GOOG), Goldman Sachs Group, Inc. (NYSE:GS), Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL)

Google Inc (NASDAQ:GOOG)Google Appoints Its Next Leader for Greater China (WSJ)
Google Inc (NASDAQ:GOOG) said current China head John Liu will step down in mid-August as the company looks outside the greater China region for its next leader in what has been a challenging market. Google Inc (NASDAQ:GOOG) said in an emailed statement Monday that the current head of its partnerships in Europe, Scott Beaumont, will take over for Mr. Liu. Google said Mr. Liu is departing to pursue “other opportunities,” without elaborating. Mr. Liu didn’t respond to a request for comment.

Google and Microsoft are enemies in court, frenemies in Congress (WashingtonPost)
Even as they battle in courts over smartphone and video technology, Microsoft Corporation (NASDAQ:MSFT) and Google Inc (NASDAQ:GOOG) have discovered a common foe: patent owners who try to sue their customers or go after an entire industry. Both companies are seeking to curb the litigation practices of firms that buy patents with the sole purpose of demanding royalties from as many end-users as they can, even if it means suing a pizza parlor or non-profit. Anger has united a cross section of retailers, finance companies, public-transit operators and hotels, and even caught the attention of President Barack Obama, who last month announced corrective measures.

Google Rating Reiterated by Goldman Sachs Group Inc. (GOOG) (DailyPolitical)
Goldman Sachs Group, Inc. (NYSE:GS) reaffirmed their neutral rating on shares of Google Inc (NASDAQ:GOOG) in a research note issued to investors on Thursday, StockRatingsNetwork.com reports. “Google will report 2Q13 results July 18th. We are modeling consolidated revenue and non-GAAP EPS of $14.35bn and $10.36, versus consensus of $14.45bn and $10.79. We are forecasting Google Inc (NASDAQ:GOOG) stand alone revenue of $13.32bn (+2% qoq and +16% yoy), in line with consensus.

The merger of Google and Apple? (ITVoir)
The relationships between Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG) and have drastically improved over the past year with the two technology companies and partners as well, conducting a plethora of meetings and summits, Google Inc (NASDAQ:GOOG) Executive Chairman, Eric Schmidt said. Schmidt however, did not any provide details regarding the nature of the meetings during comments. Schmidt once was a part of Apple Inc. (NASDAQ:AAPL)’s board of directors, but the relationship between the two companies had now frayed as competition had increased majorly.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!