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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Pratt & Whitney uncovers fraudulent engine-testing scheme: WSJ
Pratt & Whitney, a subsidiary of United Technologies Corp , uncovered a fraudulent scheme of testing engine parts by another unit of United Tech, the Wall Street Journal reported on Monday.
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Reuters
The $19-Per-Month Smartphone Is Actually Getting Decent Reviews
First introduced in 2011, Republic Wireless is a North Carolina-based service that promises a smartphone with unlimited Internet, voice, and texting for an absurdly inexpensive $19 per month. Most astounding of all: The phone seems to work. The Los Angeles Times recently reported that prepaid cellphone plans like those offered by Republic Wireless rose a hefty 12% in the U.S. last year, for these main reasons: The cost sometimes is less than half that of a traditional billed service; there’s no restrictive contract or hefty early-cancellation fee; and some high-end providers offer smartphones with unlimited Internet, text and roaming capabilities that weren’t available previously. At $19 per month, Republic Wireless probably can’t be called a “high-end provider.” But it does offer unlimited data, voice, and texts, and customers aren’t locked into any long-term contracts. The key to the cheap rates is that Republic Wireless customer phone calls are placed via Wi-Fi rather than ...
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Microsoft and Dell: A Match Made in Heaven or Hell?
Dell, the pioneering computer company that has struggled to match innovative mobile products from Apple, Google, and Samsung, is in talks to go private with help from prominent tech private equity firm Silver Lake Partners and software giant Microsoft, according to multiple reports. The deal, which would be valued at more than $20 billion, would be the largest leveraged buyout since the financial crisis, and would involve Microsoft kicking in as much as $3 billion. Michael Dell, the company’s multi-billionaire founder and CEO, clearly believes going private is in Dell’s interest; he would help finance the deal, along with several banks. For Dell, the pact would strengthen its relationship with a deep-pocketed and powerful ally at a time when the PC market has stumbled, as users gravitate to smartphones and tablets. Overall PC shipments in 2012 declined 3.2% from one year ago, with Dell’s sales decreasing by 21%, according to data from research firm IDC cited by the Wall Street Journal. ...
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Aaron Swartz’s Suicide Prompts MIT Soul-Searching
The Massachusetts Institute of Technology has launched an internal investigation into the school’s involvement in the suicide of 26-year-old computer programmer and Internet activist Aaron Swartz, MIT’s president L. Rafael Reif said on Sunday. Swartz was accused of breaking into MIT’s computer system in order to access academic articles and make them available for free on the Internet. Before he died last Friday, Swartz, who was a well-known computer programmer — but not an MIT student — faced a 35-year prison sentence on federal data-theft charges for illegally downloading articles from the subscription-based academic research service JSTOR. Swartz had allegedly broken into a secure MIT computer closet on at least one occasion and hooked up a laptop in order to download JSTOR files, before he was arrested in 2011 by Cambridge, Mass., police. Swartz, who was considered one of the brightest young minds in tech activism, hanged himself on Friday night in his Brooklyn apartment. ...
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