Dog. All right, what everyone is talking about, a big deal. Google is selling its motorola handset business less than two years after buying it. They agreed to sell it for lenovo for just under 3 billion. Remember, google bought them for 12. 4 billion. Hold on a second. 2. 9s now selling for billion dollars. That sounds like a huge loss. Sold thehas already settop box business but would keep some of the patents, some 2000 patents and the trademark portfolio all going over to lenovo. Ok, there are some numbers over there. Does anybody have an envelope . At of the envelope, this is my personal stationary, and and theyre math, all all sorts of sources for this coming and we have got the 12 number. Take out cash. Take out settop, and there is the value of the patents. Got the taxe losses, carried forward, and here you have got the Cocktail Party in dominoes and all the other expenses, and you come out with actual profit. So what you are saying is that google did not lose money on this. No
Google is selling its motorola handset business less than two years after buying it. They agreed to sell it for lenovo for just under 3 billion. Remember, google bought them for 12. 4 billion. Hold on a second. It is now selling for 2. 9 billion dollars. That sounds like a huge loss. Hubel has already sold the settop box business but would keep some of the patents, some 2000 patents and the trademark portfolio all going over to lenovo. Ok, there are some numbers over there. Does anybody have an envelope . At of the envelope, this is my personal stationary, and there is the math, and theyre all sorts of sources for this coming and we have got the 12 number. Take out cash. Take out settop, and there is the value of the patents. Then you have got the tax losses, carried forward, and here you have got the Cocktail Party in dominoes and all the other expenses, and you come out with actual profit. So what you are saying is that google did not lose money on this. No way. And this is a good de
The phone metadata, the records of calls between parties and that is something currently being held by the nsa that the plan may very well be for to be held by a thirdparty, possibly by the phone carriers themselves although they have certainly been very resistant. It could get very expensive for the carriers to hold onto this data. Another thing coming out of the speech, the government seems to be open to Tech Companies like facebook and google being more open about the Data Requests they receive and more transparency. They can reveal what they are being asked for by the government. There was some language about not spying on our allies unless there was a compelling National Security reason or we just really want to. It brings up the point that a lot remains to be seen here. If any changes are made, it could be months if ever. I want to get to a quick quote from the president address today. Take a listen. What a did not do a stop ease programs wholesale. Not only because i felt they m
Conference to say once again he wont negotiate. So Speaker John Boehner had his own press conference. The central argument is this are we going to sit down and have a conversation or arent we . Theres no reason to make it more difficult to bring people to the table. Theres no pwoupb reis here. Theres nothing on the table, theres nothing off the table. Stephen that is a leader with a clear goal i want a table laughter but but. cheers and applause but while theres been no movement in d. C. , there isnt Movement Towards d. C. Angry truckers headed to washington, d. C. As part of a threeday protest called the truckers ride for the constitution. Its expected to tie up three lanes of traffic around i495 around the nations capital. Stephen thats right, truckers are pledging to drive around the beltway for three days in what theyre called ride for the constitution. And then, presumably, pop dexedrine for the declaration of independence. laughter and pee into gatorade bottles for the gettysburg
Screwdriver. The congressional Business Center is still open during the shutdown. Wow it is really hard to get out of a gym membership. This is the colbert report. Captioning sponsored by Comedy Central theme song playing cheers and applause stephen hey audience chanting stephen whoo whoo welcome to the report, everybody good to have you with us in here, out there, all around the world. Ladies and gentlemen, ladies and gentlemen, as you know it is day nine of the Government Shutdown and you know what they say no news is good news so good news. laughter yesterday obama actually held another hourlong press conference to say once again he wont negotiate. So Speaker John Boehner had his own press conference. The central argument is this are we going to sit down and have a conversation or arent we . Theres no reason to make it more difficult to bring people to the table. Theres no pwoupb reis here. Theres nothing on the table, theres nothing off the table. Stephen that is a leader with a cl