motorola

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By Gerry Shih BEIJING (Reuters) – China's Lenovo Group Ltd will lay off 10 percent of white-collar staff after sales of Motorola handsets fell by a third, raising doubts over the personal computer giant's bet that a money-losing brand it bought for nearly $3 billion will help it become a global smartphone leader. Lenovo, which uses the U.S. dollar in operations rather than the recently devalued Chinese yuan, said it plans to cut about 3,200 non-manufacturing jobs with a one-time cost of $600 million. Beijing-based Lenovo said the restructuring would yield savings of about $1.35 billion on an annual basis.

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By Dan Levine SAN FRANCISCO (Reuters) – A U.S. appeals court appeared skeptical on Wednesday toward Google Inc's bid to charge Microsoft Corp a high royalty rate to use some of the Internet search provider's Motorola Mobility patents. Microsoft sued Motorola in 2010, alleging Motorola breached its commitment to license some of its industry standard patents on fair terms. After a 2012 trial, a Seattle federal judge found that the appropriate rate for Motorola to license certain wireless and video technology used in the Xbox game console was only a fraction of what Motorola had asked for. Google sold the Motorola handset business to Lenovo last year, but kept its patents.