Be careful with your shiny new toy, Google!

Updated
Google
Google

Say hello to the new kid on the cell-phone block.

Google (NAS: GOOG) just completed its $12.5 billion buyout of handset maker Motorola Mobility. The deal had been hanging on approval from Chinese antitrust authorities since February, when European and American regulators gave their stamps of approval. Beijing agreed last Monday night, and now Motorola is a Google subsidiary.

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