Canadian Press – CHICAGO – Ed Zander is out as Motorola Inc.’s chief executive after a roller-coaster four years that saw him oversee the cellphone maker’s Razr-led resurgence but ultimately bear blame for strategic gaffes and product whiffs that led to its steep decline.
FT.com – BYD, a Chinese battery maker, plans to list its mobile phone manufacturing unit in Hong Kong in an initial public offering that will raise up to $987m. The IPO comes as investors watch for signs of weaknesses in new listings after Hong Kong's benchmark index suffered its worst monthly drop in more than [...]
Reuters – Motorola Inc's embattled chief
executive, Ed Zander, will step down after a year of
disappointing earnings and market share losses, raising
investor hopes his successor will turn the business around.
Canadian Press – CHICAGO – Ed Zander is out as Motorola Inc.’s chief executive after a roller-coaster four years that saw him oversee the cellphone maker’s Razr-led resurgence but ultimately bear blame for strategic gaffes and product whiffs that led to its steep decline.
AP – Google Inc. confirmed its plans to bid for a prized piece of the airwaves in an upcoming government auction, further underscoring the Internet search leader’s determination to shake up the wireless market and plumb more profits from mobile phones.
Canadian Press – CHICAGO – Ed Zander is out as Motorola Inc.’s chief executive after a roller-coaster four years that saw him oversee the cellphone maker’s Razr-led resurgence but ultimately bear blame for strategic gaffes and product whiffs that led to its steep decline.
Reuters – Mobile phone maker Motorola Inc
said on Friday embattled Chief Executive Ed Zander will
step down after a year of disappointing earnings and market
share losses, raising investor hopes his successor, Greg Brown,
will turn the business around.
AFP – Motorola said Friday its chief executive Ed Zander was stepping down, prompting speculation the embattled US mobile phone giant is facing deepening financial woes amid stiff global competition.
Canadian Press – TORONTO – Debt-rating agency DBRS doesn’t expect Canada’s three wireless giants to suffer near-or medium-term credit woes if smaller regional players enter the cellphone market.
AP – A death originally thought to have been caused by an exploding cell phone is now being blamed on a co-worker, who confessed to making up the story after accidentally striking the victim with a drilling vehicle, South Korean police said Friday.
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