There is a major new marketing war going on between Priceline and Expedia, and Google is the beneficiary.
Our costs are too high, we’re operating in markets where we’re not competitive and we’re losing money.
An internal email to Motorola staffers leaked to Amir Efrati of WSJ.
…but if you can look past all that…
Google plans to layoff another 10 percent of employees — following the 20 percent reduction last year. The amount Google paid for Motorola seems to keep going up while the value they actually got seems to keep going down.
We’ve inherited 18 months of pipeline that we actually have to drain right now, while we’re actually building the next wave of innovation and product lines.