Google to buy Motorola Mobile company for $ 12.5 bn

Google Inc announced its biggest deal ever, a $12.5 billion cash acquisition of mobile phone maker Motorola Mobility Holdings Inc .

Google's biggest foray into hardware comes weeks after a failed attempt to buy patents from bankrupt Nortel, and gives it an intellectual property library in wireless telephony to wage war on Apple and Microsoft Corp.

The deal values Motorola Mobility at $40 per share in cash, a 63 percent premium to its Friday closing price on the New York Stock Exchange. The deal features a rich reverse breakup fee of $2.5 billion, according to a source close to the situation.

Ganesh Hedge pays tribute to For Michael Jackson |My 24News

A pop icon, Ganesh Hegde dedicates his upcoming album to Michael Jackson

The king of pop in the world, Micheal Jackson has inspired many artists. But one fan and follower is performer, video director, singer and Bollywood choreographer Ganesh Hegde.

Social Networking site Twitter's Co-founder Biz Stone leaving Twitter

Isaac "Biz" Stone is moving on from Twitter, just five years after co-founding the microblogging site Twitter that has become integral to the social media scene around the world.

Stone, 37, said on his blog that he will work with the company for many years to come, but that the most effective use of his time now is to "get out of the way" of Twitter's crew.


he says that his plans to focus on helping schools, nonprofits and company advisory boards.
Research firm eMarketer Inc. estimates Twitter will bring in advertising revenue of about $150 million this year.

world's Largest Rave Party on Las Vages

The 'Electric Daisy Carnival' is one of the world's largest electronic dance music festival held on the last weekend of June every year.

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Carnival goers dance near the back of the crowd at one of six stages during the third day of the Electric Daisy Carnival, Sunday, June 26, 2011, in Las Vegas.

Dutch music producer and DJ Afrojack performs during the Electric Daisy Carnival in Las Vegas June 25, 2011.

French DJ and music producer David Guetta performs during the Electric Daisy Carnival in Las Vegas June 25, 2011.