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Google Confirms Motorola Mobility 4000 Layoffs

Tech Zulu Event

Google has confirmed the firing of 20 percent of Motorola Mobility employees. Google will also simplify Motorola’s mobile product portfolio to profitability. Motorola Mobility will drop the manufacture of feature phones to profitable devices. Motorola annual financial report is here. A company it bought in May.

Layoffs 63
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Google Wants to Disrupt Home Automation with $3.2 Billion Nest Acquisition

Tech Zulu Event

With over $100 million from its investors including Kleiner Perkins, Google Ventures, Shasta Ventures, and Lightspeed Venture Partners, among others, Nest is reported to have been on the verge of another $150 million raise in a Series D round and would have eventually gone public. Nest is not Google’s first hardware acquisition.

Google 86
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Mail.com Buys BGR.com

socalTECH

Los Angeles-based Mail.com Media Corporation (MMC), which operates the Mail.com email service and portal, as well as its own network of content-focused web sites, said today that it has acquired BGR.com , a mobile/gadget review and news site. BGR was formerly known as the Boy Genius Report. READ MORE>>.

Blogging 133
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Bolstering the Partner Ranks at GRP

Both Sides of the Table

Greg was the first person to share with me the insights of mobile conversion and why with a simpler product selection and conversion funnel they would get higher conversion on mobile than on the web. One of his biggest accomplishments there was championing the acquisition of StubHub. I made some reference calls.

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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

We also talked about how brands are increasing driving much of their traffic to Facebook and away from their own web pages. Self-reported 60mm daily unique as of Dec 2009, games played by 250mm people a month (AppData). Online service offering privacy certification for web sites. This is astounding and myopic in my view.

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How ConsumerTrack Has Created A Growing, Profitable--and Mostly Unknown Business

socalTECH

We''re able to track everything we''re doing, and report back on it. That allows our media buying team an dour content team to make moves, to buy more inventory on the web, and drive more traffic on the website, with the whole goal of bringing in more consumers and acquiring more customers for our clients. We do that methodically.

Startup 239
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This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Palm (acquired by HP ) – In our interview we talked about how transformational mobile computing is and why it’s different than web computing (e.g. There weren’t enough details to know whether Corduro was trying to build a mobile payments company like Zong or a retail merchant processing solution like Square.