In what looks like an attempt to help guard against a legal patent assault by its large tech rivals, Google is spending $ 12.5 billion to buy mobile handset maker Motorola Mobility. (cnet.com)
Early today, Google dropped a bombshell on the technology industry with its announcement that it will buy mobile handset maker Motorola for $ 40 a share, a 63 percent premium over the closing price of Motorola Mobility on Friday. (cnet.com)
HONG KONG Mobile handset maker FIH Mobile Ltd said on Tuesday that it expected to swing to net loss of up to $ 525 million for 2017 due to costs relating to a new business and loss arising from the impairment of its investment portfolio. (reuters.com)