It’s high season for consumer electronics. Manufacturers of various gadgets are unveiling their holiday lineups. Seattle-based Amazon and Redmond-based Microsoft and Nintendo are all coming out with new and improved products just before the holidays. There’s probably something high tech on your wish list!
Verizon will pay Tivo Inc. at least $250.4 million to license its digital video recording technology and settle a patent lawsuit.
Attention is turning to Apple this week amid expectations that it’s announcing a new iPhone. Plus, Seattle’s Amazon announced four new Kindle Fire models and a new line of stand-alone e-readers, while Nokia and Motorola unveiled five new smartphones between them. Makers of consumer electronics, including Seattle’s Microsoft, are refreshing their products for the holiday shopping season.
Apple’s rivals are hoping that a head start on the buzz will translate into stronger sales.
Google is cutting about 4,000 jobs at its Motorola Mobility wireless phone business and will close or consolidate about one-third of Motorola’s 90 locations.
A court in Germany has ruled that Microsoft infringed on two patents held by Motorola Mobility Holdings Inc.