Motorola, the third largest cell phone maker in the world, may spin off its handset business as it tries to turn around its business, the company has revealed.
Motorola CEO Ed Zander is finally on the way out. He will be replaced by COO Greg Brown, with shareholders hoping that Brown will bring the company's handset business back into the black.
Facing declining profits from traditional credit cards, financial institutions are once again pushing microchip-equipped credit cards. But now they have new allies: Sun Microsystems and Compaq Computer.
When Patti Hart was named the new CEO of Excite@Home, Wall Street shrugged. Investors questioned her ability. Co-workers didn't know what to expect. Even Hart acknowledged that she faced an extraordinary challenge.
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