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BUSINESS
March 29, 1985 | (DJ)
Motorola Inc. got a $15.3-million Army contract for classified electronic equipment.
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BUSINESS
August 5, 2008 | From the Associated Press
Motorola Inc. snagged Sanjay Jha, chief operating officer of Qualcomm Inc. and a star of the wireless industry, to head its handset division as that unit prepares to become an independent company. Jha will also be co-chief executive of the parent company, sharing the responsibility with incumbent Greg Brown until the spinoff next year. Brown will take responsibility for Motorola's other two divisions. Motorola shares rose $1.01, or 11.5%, to $9.82 on Monday.
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BUSINESS
July 19, 2008 | From Bloomberg News
Mobile-phone maker Motorola Inc. sued a former executive now working for Apple Inc., accusing him of disclosing its trade secrets to aid in the marketing of Apple's iPhone. Michael Fenger left Motorola in March as vice president for the company's mobile-device business in Europe, the Middle East and Africa. He is now Apple's vice president for global iPhone sales, according to a complaint. "He was privy to the pricing, margins, customer initiatives . . .
BUSINESS
June 8, 1990
Motorola Inc. has signed a $5-million contract to provide cellular telephones toHungary. Motorola said the deal makes it the first company to supply mobile phones in EasternEurope.
BUSINESS
June 7, 2006 | From Bloomberg News
Mobile phone maker Motorola Inc. sued scooter maker Razor USA in a dispute over use of the "Razr" name. Razor is objecting to Motorola's plans to use the "Motorazr" trademark after a two-year license for the Razr name expires in October, according to the lawsuit filed in Delaware Chancery Court. Motorola says it has permission to make the switch. Representatives at closely held Razor, based in Cerritos, weren't available to comment.
BUSINESS
September 8, 1999
Motorola Inc. said it plans to hire about 2,000 people in its digital cellular phone division to meet rising demand for its products. The jobs will be added over the next six months at Motorola's Harvard, Ill., plant, which now houses about 4,400 employees, the company said.
BUSINESS
June 10, 2002
* Motorola Inc. said 2% to 3% of its DCT-2000 digital cable boxes delivered in the last three months may pose an electrical shock hazard if moved. AT&T Broadband, Cox Communications Inc. and Charter Communications Inc. say they plan to contact customers who have potentially defective boxes and replace them as needed.
BUSINESS
August 8, 1998 | Reuters
* Motorola Inc., the world's biggest maker of cellular phones, hired Bo Hedfors from rival Ericsson of Sweden to head its division that makes equipment for wireless phone networks. Motorola said it will add its unit that makes cellular phones with walkie-talkie features to Hedfors' division, which sells equipment to Motorola's largest phone company customers.
BUSINESS
February 19, 2008 | From Bloomberg News
Motorola Inc. has sued Research in Motion Ltd., claiming that the Canadian company's BlackBerry wireless e-mail device violates seven U.S. patents covering mobile-communications technology. Motorola, the biggest U.S. maker of mobile phones, said Research in Motion was using the inventions without permission and asked a federal judge in Marshall, Texas, to order a stop. Motorola also is seeking cash compensation for past infringement of the inventions, according to the complaint filed Saturday.
BUSINESS
December 1, 2007 | From the Associated Press
Ed Zander is out as Motorola Inc.'s chief executive after four years during which he led the cellphone maker's Razr-led resurgence but ultimately took the blame for strategic gaffes and product whiffs that led to the company's decline. Motorola's announcement Friday that Zander was resigning and that President and Chief Operating Officer Greg Brown would succeed him Jan. 1 produced a muted reaction on Wall Street.
BUSINESS
September 1, 2007 | From Bloomberg News
Motorola Inc. didn't knowingly mislead investors about the prospects of its failed Iridium satellite unit, a bankruptcy judge ruled Friday. It couldn't be proven that Iridium was insolvent before its 1998 launch, U.S. Bankruptcy Judge James Peck in New York said in a written ruling. His finding will prevent Iridium creditors from recovering at least some of the $3.
BUSINESS
July 12, 2007 | From Times Wire Services
Motorola Inc., the world's second-biggest maker of mobile phones, said Wednesday that it would post a loss in the second quarter after sales missed its forecasts for the third time this year. The announcement stepped up pressure on Chief Executive Ed Zander. He may have until the end of the year before investors push for a replacement, said James Faucette, an analyst at Pacific Crest Securities in Portland, Ore.
BUSINESS
May 31, 2007 | From Times Wire Services
Motorola Inc. said it would cut 4,000 jobs in addition to the 3,500 it announced earlier this year. The new cuts will help save an additional $600 million, the company said. The company said it expected costs of $300 million, or 8 cents a share, in the remainder of this year tied to the latest cuts. The reductions represent about 6% of Motorola's total workforce at the end of 2006.
BUSINESS
May 16, 2007 | From Times Staff and Wire Reports
Motorola Inc. introduced a successor to its top-selling Razr handset in a bid to reverse market share losses to larger rival Nokia. The Razr2 will start selling globally in July, Chief Executive Ed Zander said. The device features an improved camera and more storage for songs. Its design uses more steel and glass than the first Razr to appeal to the higher end of the market. Zander is under pressure to fend off Nokia and Samsung Electronics Co.
BUSINESS
May 9, 2007 | From Times Wire Services
Motorola Inc. agreed to pay $25 million to settle Securities and Exchange Commission accusations that it helped Adelphia Communications Corp. deceive investors. Motorola engaged in so-called round-trip deals with Adelphia that the cable TV company used to falsify financial data in 2000 and 2001, the SEC said Tuesday. Adelphia filed for bankruptcy in 2002 after disclosing $2.3 billion in hidden debt. Time Warner Inc. and Comcast Corp. acquired Adelphia's assets last year.
BUSINESS
May 8, 2007 | From Bloomberg News and Reuters
Billionaire investor Carl Icahn failed to win a seat on Motorola Inc.'s board after a three-month campaign in a victory for Chief Executive Ed Zander. The world's second-largest mobile-phone maker gave the preliminary results in a statement Monday after its annual meeting in Chicago and said the final tally might take a few weeks. Icahn had said Monday that he did not expect to win a seat on the Motorola board because three or four large mutual fund shareholders were likely to vote against him.
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