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Human Genome Sciences enters talks with potential suitors
Human Genome Sciences Inc. entered into confidentiality agreements with “certain parties” and is providing an opportunity to engage in due diligence reviews, the Rockville-based company said Thursday. Its board of directors unanimously said shareholders should reject an “inadequate” $2.6 billion bid from British pharmaceutical giant GlaxoSmithKline plc. Glaxo said on May 9 it would commenc[...]
Google’s 4Q disappoints as advertising prices sink
SAN FRANCISCO — What was supposed to be a celebration of the most prosperous quarter in Google’s 13-year history instead turned into a major letdown. The disappointment sunk in Thursday after Google’s fourth-quarter earnings report showed the Internet search leader fetched less money per click on its ubiquitous online ads. That came as an unsettling […]
Google’s patent play: $12.5B for Motorola Mobility
SAN FRANCISCO — Google Inc.’s $12.5 billion deal to buy cellphone maker Motorola Mobility Holdings Inc. is aimed at giving the Internet search leader more legal firepower as it battles Apple Inc. and Microsoft Corp. to gain the upper hand in the increasingly important mobile computing market. The all-cash acquisition announced Monday is the boldest […]
Google to hire more than 6,200 workers this year
SAN FRANCISCO — Google Inc. plans to hire more than 6,200 workers this year in the biggest expansion yet by the Internet’s most profitable company. The hiring spree will likely be welcomed by President Barack Obama, who is expected to emphasize the need for more jobs during his State of the Union address Tuesday night. […]
Google awards $100 million to Eric Schmidt
NEW YORK — Google Inc. has awarded $100 million worth of equity to Eric Schmidt, who is stepping aside as CEO but will stay with the company as executive chairman. Google said in a regulatory filing on Monday the stock and stock options will be granted on Feb. 2 and will vest over four years. […]
Founder to help Google try to regain its hip
SAN FRANCISCO — Google is richer than ever, but it’s not as cool as it once was. Facebook boasts 500 million members who share 30 billion links, notes and photos each month — data that Google’s search engine can’t completely index. It’s so influential that 26-year-old founder Mark Zuckerberg was just named Time’s person of […]
