From Android and Me | Motorola’s Droid 2 will hit shelves Aug. 23 and will be the first phone to ship with updated Android 2.2 software, according to one source cited by cell phone blog Android and Me.
Motorola
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June 24, 2010 at 9:51 a.m.
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Filed under: Chicago executives, Technology, Telecommunications, Wireless Motorola hires HR exec at mobile devices unit
Motorola Inc. has hired a new senior vice president of human resources for its mobile devices and home business, which is scheduled to be separated from the rest of the company in the first quarter of 2011.
Scott Crum will take up his new position on July 19, the company said in a press release. Motorola co-Chief Executive Sanjay Jha, who heads the mobile devices business, has been building his team in advance of the planned split. Last week, the company announced it had hired a corporate vice president of strategy for mobile devices and home. Get the full story »
Droid X bows with shutter camera, high-def video
Motorola and Verizon Wireless on Wednesday unveiled the Droid X, a new smartphone running Google’s Android operating system.
Verizon is using the Droid name to denote a series of Android devices. Motorola was the first manufacturer with Droid, released late last year, and Taiwanese company HTC has two devices under the Droid moniker at the carrier.
The Droid X has a 4.3-inch screen and an 8-megapixel camera with a shutter. It is the first device in Verizon’s line-up with a camera shutter and the ability to capture high-definition video at 720p. As part of the phone’s emphasis on video, Verizon introduced an embedded Blockbuster application that allows users to download feature-length films and rent movies. Get the full story »
Motorola to pump cash into spinoff
Motorola Inc. is planning to funnel billions of dollars to its money-losing cellphone business when it splits off into a separate company next year.
Under a structure now taking shape, Motorola is planning to buy back most of its debt and give the bulk of its remaining cash — roughly $3 billion to $4 billion — to a new company centered on the cellphone unit, according to people familiar with the matter.
Get the full story »
May 28, 2010 at 4:17 p.m.
Filed under: Cell phones, Chicago executives, Telecommunications, Wireless Motorola ups value of stock awards for co-CEO
By Wailin Wong | Motorola Inc. has sweetened the terms of the employment agreement for
co-Chief Executive Greg Brown, increasing the value of stock awards he
will receive when the company completes its planned separation into two
independent businesses.
Motorola has targeted the first quarter
of 2011 for the split, with Brown leading the enterprise mobility and
networks business, which makes network infrastructure, as well as
communications gear for public safety agencies and businesses. Co-CEO
Sanjay Jha will lead the other company, comprising mobile phones and
cable television set-top boxes.
Motorola buying back up to $400M in debt
By Wailin Wong | Motorola Inc. said Monday it has launched two separate offers to buy back up to $400 million in outstanding debt.
The Schaumburg-based technology company is offering to buy back outstanding bonds due in 2097, of which there is $252 million outstanding. That offer expires on June 7 but can be extended.
May 7, 2010 at 4:49 p.m.
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Filed under: Cell phones, Earnings, Investing, Management, Stock activity, Telecommunications, Wireless Carl Icahn increases his stake in Motorola
By Wailin Wong
| Activist investor Carl Icahn has raised his stake in Schaumburg-based
Motorola Inc. to 8.75 percent, according to a Friday filing with the
U.S. Securities and Exchange Commission.
Icahn and his investment vehicles last disclosed their Motorola holdings
in May 2008, reporting a 7.6 percent stake.
Motorola’s Backflip will be at AT&T in March
By Wailin Wong
| Motorola Inc. confirmed Thursday that its Backflip mobile phone will be available at AT&T in March, making it the carrier’s first device powered by Google’s Android operating system.
Motorola announced the Backflip at the Consumer Electronics Show in Las Vegas last month. It was widely expected that the phone was headed toward AT&T, which plans to release five Android smart phones during the first half of 2010. The phone will be available on March 7 and cost $99.99 after a $100 mail-in rebate. Consumers must sign up for a smart phone data plan and two-year contract with AT&T.
The Backflip folds over to reveal a physical keyboard that is larger
than that of the Droid, Motorola’s Android smart phone at Verizon
Wireless. The Backflip also has a small touch pad on its rear so that
users can navigate the main screen from behind. With this design
feature, users can swipe through a photo slideshow without covering the
main screen with their fingers, for example.
