Featured Articles

IDC says PC market is rebounding

IDC says PC market is rebounding

Research firm IDC has published its latest report into the state of the PC market and while there are some signs…

More...
TSMC steps up development of 10nm process

TSMC steps up development of 10nm process

TSMC, the world’s biggest chip foundry for hire, has reportedly stepped up development of its 10nm manufacturing process.

More...
Broadwell 14nm desktop comes late in Q2 2015

Broadwell 14nm desktop comes late in Q2 2015

A while ago we mentioned that Broadwell won’t show up in the desktop space this year and we got it right.…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

More...
EVGA GTX 780 Classified reviewed

EVGA GTX 780 Classified reviewed

The EVGA GTX 780 Classified has been dethroned as the company’s fastest non-Titan card following the introduction of the GTX 780…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 27 November 2012 12:18

ICOA denies it was bought by Google

Written by Nick Farrell



Press release was wrong

Yesterday Google released a press statement on one of its usual channels claiming that it was buying public Wi-Fi provider ICOA for $400 million.

The press release was posted on this wire, however, when CNET came to follow up the press release they were a little surprised to discover that ICOA executives denied it. COA Chief Executive George Strouthopoulos, insisted that the company has "never had any discussions with any potential acquirers."

He thinks that a stock promoter issued the press release in the hope of making a bit of a cash on some shares that he or she was sitting on. The matter is being reported to the cops.

The press release appeared to have been written by the same person who designed Nigerian scams, however it could equally have been a draft release which had not gone through the correct channels. What was interesting is that it was so plausible. ICOA is exactly the sort of company that Google would buy, and the price tag seemed reasonable.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments