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Google Cutting 1,200 More Motorola Jobs

NEW YORK — Google is cutting an additional 1,200 jobs in its Motorola division as the unprofitable cellphone maker struggles to compete. Last summer, Google Inc. announced 4,000 Motorola job cuts. The latest reductions are in addition to those and will be in countries including the U.S., China and India. “These cuts are a continuation of the reductions we announced last summer,” Google spokeswoman Niki Fenwick said in an email. When Mountain View, Calif.-based Google bought Motorola last year for $12.4 billion, it had about 20,000 employees. (MORE: Why YouTube is Launching a Music Service) The online search leader also expects to pare jobs at the division with a planned $2.35 billion sale of the Motorola set-top business, which has about 7,000 employees. Google had about 53,000 employees as of late September. Google bought Motorola primarily for its 17,000 patents, bolstering the company in the mobile device arms race with other technology companies. The cellphone business has lost ...

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Found more than 1 month ago on channel TIME Business

China's Foxconn worker riot and Iran's shadow Internet

Tuesday, September 25, 2012 - 03:02 MIKE CLARKE/AFP/Getty Images A group of protestors from SACOM (Students and Scholars Against Corporate Misbehaviour) demonstrate outside the Foxconn annual general meeting (AGM) in Hong Kong on May 18, 2011. With all this information technology at our disposal, it's striking how getting to the truth of a matter can still be so tough. Two tech stories from opposite sides of the world today remind us how even in 2012 the flow of information is still tightly controlled. First, Iran, where authorities seem to be restricting access to some big websites . Cyrus Farivar is an editor at the online technology publication, Ars Technica.  "There were reports that Iran had blocked Gmail and Google," says Cyrus Farivar, an editor at Ars Technica, "thereby cutting off Iranian internet users from using those popular internet services." The reason for the interruption? Some Iranian media report the temporary restriction was in response to protests over the inflammatory ...

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Found more than 1 month ago on channel Marketplace.org

China's Huawei Wants to Be Big in Smartphones

Huawei seems an unlikely threat to Apple and Samsung, but the Chinese company, whose telecom-equipment business has outpaced Western rivals, thinks it can repeat the success with smartphones.

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Found 1 month ago on channel Wall Street Journal

How ‘Made in the USA’ is Making a Comeback

The U.S. economy continues to struggle, and the weak March jobs report — just 88,000 positions were added — briefly spooked the market. But step back and you’ll see a bright spot, perhaps the best economic news the U.S. has witnessed since the rise of Silicon Valley: Made in the USA is making a comeback. Climbing out of the recession, the U.S. has seen its manufacturing growth outpace that of other advanced nations, with some 500,000 jobs created in the past three years. It marks the first time in more than a decade that the number of factory jobs has gone up instead of down. From ExOne’s 3-D manufacturing plant near Pittsburgh to Dow Chemical’s expanding ethylene and propylene production in Louisiana and Texas, which could create 35,000 jobs, American workers are busy making things that customers around the world want to buy — and defying the narrative of the nation’s supposedly inevitable manufacturing decline. The past several months alone have seen some surprising reversals. ...

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Found 1 month ago on channel TIME Business

Apple may want Yahoo to displace Google

Apple is rumored to be expanding a business relationship with Yahoo that could make Google far less important to the company

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Found 1 month ago on channel CBS