Google to Cut 4,000 Jobs at Motorola Mobility Unit
Google is cutting about 4,000 jobs at its Motorola Mobility wireless phone business -- about 20% of its employees -- and will close or consolidate about one-third of Motorola's 90 locations.
Google is cutting about 4,000 jobs at its Motorola Mobility wireless phone business -- about 20% of its employees -- and will close or consolidate about one-third of Motorola's 90 locations.
Call it the "second-screen" Super Bowl. About two-thirds of smartphone and tablet owners use their gadgets to do things like text or post on Twitter while watching TV, according to research firm Nielsen. So, for Sunday's game, companies from Coke to Chevy are trying to reach fans on all the "second screens" they have.
Cellphones are ubiquitous, and smartphones have basically put hand-held computers in our pockets. Sadly, though, our must-have mobile devices include a built-in, terrible component: human suffering.
Monday morning's news that Google purchased Motorola Mobility has not gone over so well with investors. And while there's no question that Google is one of the best tech stocks around, it's far from the only one. Consider a search site that poised for big growth: China's Baidu.
Google's purchase of Motorola Mobility -- its largest acquisition ever -- paves the way for the search giant to enter the smartphone business directly. Here, we survey the likely outcomes of the deal, telling you who will benefit and who stands to lose.
If you really want the latest gadget, you'd better sleep on it: Price cuts on consumer tech, long familiar, are getting even more drastic, punishing early adopters. Read on to find out why the hottest electronics just keep getting cheaper.
In an attempt to reverse the market-share free fall it has been experiencing, Motorola Mobility has recently been trying to ramp up the pace of its product launches. But its rush to get hot new devices on the market has hit a couple of speed bumps with delays on the Droid Bionic and the Xoom LTE.
Apple's shares are trading at about $347, just shy of their all-time high of $364.90, which they hit in February. It's second quarter earnings were record-breaking. So why are some analysts beginning to worry about Apple's stock?
Investors have abandoned Research In Motion, which may finally make it a good investment again. Twenty months ago, the smartphone company's shares traded at $85. The stock now changes hands at around $49. But there are good reasons to expect that it won't stay that low for long.
Video services company Harmonic, a competitor for much larger providers Motorola and Cisco, is poised to grow at a rate of 15% over the next five years, making it a very promising long-term stock pick.
Smartphone sales are expected rise 49% this year to 450 million units, according to a new survey from electronics research firm IDC.
That's because Wednesday's launch is expected to be more of a refresh rather than a totally new product. However, if Steve Jobs were to show up at the launch event, that would get investors excited and likely pump up Apple shares.














