Google Cautions More Cuts at Motorola On the Way
Google today warned investors that it may make further cuts at Motorola, which could result in costly restructuring charges. Google has already announced plans to cut a significant amount of Motorola's work force, reduce the number of offices/locations, and exit the entry-level smartphone business. These changes will result in about $340 million in charges during the third quarter. However, Motorola indicated that more reductions may be necessary. "Motorola continues to evaluate its plans and further restructuring actions may occur, which may cause Google to incur additional restructuring charges, some of which may be significant," said the company. Google didn't provide specific details about what cuts might be made. Google finalized its acquisition of Motorola earlier this year.
Review: Motorola Moto E5 Play
Motorola is selling its able-bodied, entry-level Moto E5 Play from Boost Mobile, Cricket Wireless, and Verizon Prepaid. If you're in the market for a solid, low-cost phone, the Moto E5 Play plays well thanks to its simple hardware, easy software, and capable performance.
HTC to Drop Entry-Level Phones, Focus On Profits
Feb 16, 2017
HTC plans to exit the entry-level phone market moving forward and will instead focus its handset portfolio on high-margin devices. The company made the comments during a conference call with media to discuss its fourth quarter financial results.
Google's Project Fi to Sell the LG V35 ThinQ, G7 ThinQ, and Moto G6
May 30, 2018
Google is expanding the selection of phones available from its Project Fi MVNO. The company today said it will soon offer the LG V35 ThinQ, LG G7 ThinQ, and the Motorola Moto G6.
Facebook Makes Sweeping Changes to Data Collection Policies as It Admits Cambridge Analytica Breach Impacted 87M
Apr 4, 2018
Facebook today made significant changes to its platform as it continues to deal with the fallout from the Cambridge Analytica breach. To start, the company now believes Cambridge Analytica was given improper access to the data of as many as 87 million people, mostly U.S.