Why the latest Google rumor makes total sense

Here's a rumor that will blow your mind: Google is apparently "in the final stage of negotiations" to acquire HTC's smartphone division.

The rumor comes from the Chinese-language site Commercial Times and suggests that Google will acquire only the mobile arm of HTC, not the entire company. The financial news outlet based in Taiwan doesn't specify how much the deal would be worth.

The possible acquisition — although shocking — makes quite a lot of sense when you consider all that's happened in the in past few years. Google is desperate to challenge Apple's dominance in the mobile industry with its own premium phone built from scratch.  Read more...