Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Google Inc (GOOG) News: $1.3 Billion Move, Apple Inc. (AAPL) A Fighting Opponent & More

Editor’s Note: Related tickers: Google Inc (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Best Buy Co., Inc. (NYSE:BBY), GameStop Corp. (NYSE:GME), Wal-Mart Stores, Inc. (NYSE:WMT), Staples, Inc. (NASDAQ:SPLS), Office Depot Inc (NYSE:ODP),, Inc. (NASDAQ:AMZN)

Larry Page and Eric Schmidt, Google FoundersApple’s two-front war: Google and China (BizJournals)
Apple Inc. (NASDAQ:AAPL) finds itself fighting opponents on two fronts: Google Inc (NASDAQ:GOOG) at home, and Samsung in China. It’s doing OK in one but getting pasted in the other. In China, which offers a huge opportunity for Apple Inc. (NASDAQ:AAPL), revenue slumped 43 percent in the most recent quarter, Reuters reports. Samsung now owns 19 percent of the $80 billion smartphone market there, according to the report, and Apple Inc. (NASDAQ:AAPL)’s strategy to combat that is less than clear. Domestically, Apple Inc. (NASDAQ:AAPL) is faring better in its tussle with Google Inc (NASDAQ:GOOG) to be the predominant player in TV, education and tablets. The Puget Sound Business Journal offers a breakdown of performance in these three categories. So will Apple Inc. (NASDAQ:AAPL) respond in a typically Apple Inc. (NASDAQ:AAPL) fashion and roll out incredible new gadgetry? The New York Times takes a stab at guessing what those products might be.

Claim on Google Inc. (NASDAQ:GOOG) by Foundem (eFinanceHub)
Google Inc (NASDAQ:GOOG) lost a proposal to delay reports in London antitrust case, until after the resolution of a European Union inquiry initiated by the same company that filed the U.K. lawsuit. Peter Roth, judge told Google Inc (NASDAQ:GOOG) to provide Foundem, a shopping assessment website, with documents linked to four of five claims in the lawsuit. Google Inc (NASDAQ:GOOG) had claimed that further European Commission discoveries might refute some of Foundem’s claims. …Bristows LLP, Lawyers at Google Inc (NASDAQ:GOOG)’s law firm and Jenny Craig, an outside spokeswoman for Google Inc (NASDAQ:GOOG) both declined to comment.

Google put $1.3 billion into acquisitions in first half of year (BizJournals)
Google Inc (NASDAQ:GOOG) has poured $1.3 billion on 16 acquisitions so far this year, the biggest being its $966 million deal to buy Waze. All Things D reports the deals also included the acquisitions of Makani Power and Wavii. During the period, Google Inc (NASDAQ:GOOG) also sold its Motorola Home unit to Arris for $2.238 billion in cash, along with $150 million in closing adjustment and $175 million in stock.

How new Google Nexus 7 compares with rivals (PostBulletin)
Google Inc (NASDAQ:GOOG) has announced new versions of its Nexus 7 tablet computers. It has better features and a higher price tag. The new models are available in the U.S. starting Tuesday through Google Inc (NASDAQ:GOOG)’s online Play store and the following retailers: Best Buy Co., Inc. (NYSE:BBY), GameStop Corp. (NYSE:GME), Wal-Mart Stores, Inc. (NYSE:WMT), Staples, Inc. (NASDAQ:SPLS), Office Max, Office Depot Inc (NYSE:ODP),, Inc. (NASDAQ:AMZN), Home Shopping Network, Radio Shack, J&R and B&H Photo. A version with 4G LTE cellular capability is coming later. It’s coming to United Kingdom, Canada, Germany, Spain, France, Japan, Korea, and Australia in the coming weeks and to other countries after that.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.