You Are Mistaken If You Believe These Companies Are Still American

Published on 10/05/2021
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Motorola

Motorola, the company best recognized for its electronic goods, got its start in Schaumburg, Illinois, long before mobile phones were even a thing. It grew steadily after its debut in 1928, until it hit the pinnacle of its success with flip phones and similar devices. Eventually, Google bought it, only for Lenovo, a Chinese conglomerate, to buy it back in 2014. Google lost money on this deal since it paid $12 billion for the company two years before selling it for $2.9 billion. The mystery behind Google’s willingness to lose $10 billion on this acquisition persists even today.

Motorola

Motorola

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Forbes

Forbes released its inaugural edition in September of that same year. 103 years have passed since then, isn’t that amazing? Since then, it has grown in reputation as a dependable source for authoritative rankings of celebrities and businesses. The World’s 100 Most Powerful Women and 30 Under 30 are two well-known lists on which to base your research. Even though many people believe it is an American journal, it is actually owned by Integrated Whale Media Investments, a Hong Kong-based firm. In 2014, it paid $400 million for Forbes. However, we don’t think the readers have seen anything different since the arrangement was struck and before that as well as subsequently.

Forbes

Forbes

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