At D: All Things Digital Conference on the 29th of May, it was all about Motorola Mobility, Google Inc.’s flagship smartphone unit all the way. CEO at Motorola Mobility, Dennis Woodside, and head of Motorola Advanced Technology & Projects, Regina Dugan, who graced the conference, had an opportunity to showcase the company’s launches for 2013.
Reports released on Friday reveal that the core internet business of Google Inc has increased its revenue by about 21% in the second quarter of the year. This report has eased the worries of the Wall Street that a slump in the global economy would also take a toll on the online advertising business of the company.
Google Inc. plans to cut 20 percent of Motorola Mobility Holding Inc’s staff; 4,000 employees will lose their jobs in the near future, according to the source near Google Inc.’s top executives. Google Inc. bought Motorola Mobility this year.