Google Looking to Sell Motorola Cable Box Business
Google has hired Barclays to help it shop around Motorola's cable set top box business, according to sources cited by Reuters. Google came to own the cable box business when it finalized its purchase of Motorola Mobility earlier this year. Bloomberg's sources say talks are in the early stages, but the sale could fetch Google as much as $2 billion. Earlier this month, Google announced plans to slash Motorola's workforce, relocate its headquarters, consolidate business units, and focus on making high-end mobile devices. Google's new direction for Motorola makes the cable box business unnecessary. Google hasn't confirmed Bloomberg's story, but Motorola attempted to sell the cable business several years ago before it split into two separate companies.
Google Maps to Host Ads In the Form of 'Promoted Pins'
Google today said it plans to place advertisements in Google Maps on mobile devices. The change is meant to help Google's business customers promote their own businesses to people who search through Google Maps.
Lenovo to Slash 3,200 Jobs After Motorola Sales Slide
Lenovo today said it plans to reduce its headcount by as many as 3,200, or about 10%, as it looks to reduce expenses. The company reported earnings and said sales across its various business units dropped by 9% during the quarter.
Google Play Store Begins Adding 4K Movies
Google today said the Google Play Movies & TV store is now offering a small selection of 4K (Ultra HD) movies. About 125 titles can be purchased or streamed in 4K.
Lenovo Announces Layoffs, Remains 'Committed' to Motorola
Lenovo today announced a workforce reduction that will see close to 2% of the company's 55,000 employees losing their jobs. Most of the more-than-1,000 cuts impact Lenovo-owned Motorola.
Google Brings Q&A Feature to Maps and Search
Google today said it is adding a question-and-answer tool to Google Maps and Google Search for Android devices. Users need only search for and open business listings within Maps or Search to see the Q&A feature, which taps into data provided by Google Local Guides and others.