Former Motorola CFO Paul Liska thought he’d been let go because the company was postponing the spinoff of its cellphone unit. Imagine his surprise when he read in Crain’s Chicago Business that he’d actually been fired for cause.
Well this should do wonders for Motorola employee morale…. The handset maker this morning said it will cut compensation and benefits packages for its employees in order to “better align with industry norms”–industry norms in Motorola’s case being the ongoing collapse of its post-Razr phone business.
When Motorola CEO Greg Brown told investors last Thursday that the company was making progress in hiring a CEO for its mobile division, he wasn’t kidding. This morning the company named former Qualcomm COO Sanjay Jha to the position.
Motorola added another dancer to its conga line of disappointing quarters today, posting an ugly first-quarter loss. The ongoing collapse of its post-Razr phone business continued to weigh heavily on the company, which lost $194 million in the quarter ended March 31. That’s significantly worse than its year-ago loss of $181 million. Sales fell about [...]
Motorola has finally taken a RAZR to its handset business. In the face of growing pressure to bolster its ailing stock price, Motorola (MOT) yesterday announced plans to divide itself into two publicly listed companies–one focusing on mobile phones and the other on broadband and mobility services.
“Our decision to separate our Mobile Devices and Broadband [...]
Looks like Ed Zander has a new title for that book he once joked about writing–“I Lost My Job. I Hate My Customers.” On Friday, Motorola said that Zander would turn over the job of chief executive to President Greg Brown on Jan. 1.
“It was a tough decision because I love the job,” said Zander. [...]
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
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