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Motorola Mobility

Motorola posts $86 million Q1 loss, tops revenue estimates

May 1st, 2012

Motorola Mobility on Tuesday reported its financial results for the first quarter. The struggling vendor managed $3.08 billion in sales, narrowly topping Wall Street’s $3.03 billion revenue estimates as Motorola continued to work toward the finalization of Google’s $12.5 billion acquisition. Motorola’s loss of $0.28 per share, or $86 million, missed analysts’ consensus by a penny …

Google’s Motorola acquisition approved by Justice Department

February 13th, 2012

The United States Department of Justice has approved Google’s proposed $12.5 billion acquisition of Motorola Mobility, Reuters’s Poornima Gupta reports. The deal gained regulatory approval from the European Commission earlier on Monday, and a U.S. approval was expected to follow today or later this week. Google revealed its intention to purchase Motorola Mobility late last …

Motorola Mobility invests in social networking startup Shaker

January 18th, 2012

Motorola Mobility announced on Wednesday that its Motorola Mobility Ventures arm has invested in a social networking startup called Shaker. The firm, based in Israel, says its social network is “similar to interacting in the physical world,” and that it “creates a natural setting using your Facebook profile and allows people to meet around mutual …

Motorola scores win in ITC Apple patent case [updated]

January 13th, 2012

The United States International Trade Commission on Friday issued a prliminary ruling stating that Motorola Mobility smartphones do not infringe three Apple patents. “It is held that no violation of section 337 of the Tariff Act of 1930, as amended, 19 U.S.C. § 1337, has occurred in the importation into the United States, the sale for …

Motorola Mobility misses Q4 estimates on shipments of 10.5 million phones

January 6th, 2012

Motorola Mobility on Friday revealed preliminary results for the fourth calendar quarter of 2011. When the vendor reports its full results on January 26th, it will miss analysts’ sales forecast with revenue of approximately $3.4 billion and what Motorola referred to as “modest profitability” in a statement on Friday evening. Motorola shipped 10.5 million mobile phones …

ITC finds Motorola Mobility guilty of infringing on Microsoft patent

December 21st, 2011

The United States International Trade Commission ruled late Tuesday that Motorola Mobility is guilty of infringing on one of Microsoft’s patents. The patent is related to calendar sync and how one might use a device to schedule a meeting, BBC News explained. Microsoft originally filed a suit against Motorola Mobility in August in an attempt to …

Motorola Mobility makes pledge to use wind power

November 18th, 2011

Motorola has pledged to begin taking advantage of renewable energy sources, and the company promised to acquire at least 25% of its energy from wind, Fox News reported recently. “It is Motorola Mobility’s intent through our participation in the WindMade initiative to encourage greater use of renewable energy sources like wind and solar around the globe,” …

Motorola Mobility sued for allegedly stealing source code

November 17th, 2011

Lemko Corporation, a private software and systems developer, on Wednesday filed a complaint against Motorola Mobility alleging that it stole trade secrets and is financially benefiting from the misappropriation of Lemko’s source code. The company claims that Motorola hired an engineer who developed unique, protected code while employed by Lemko, and proceeded to implement the source …