tech:

taffy

Google Cutting Jobs At Motorola Mobility

[Techtaffy Newsdesk]

Motorola Mobility, owned by Google, is laying off some 10 per cent of its people, or about 1,200 employees.  The news was reported by Amir Efrati of the Wall Street Journal on Thursday evening, based on a staff email circulated by the company.

“These cuts are a continuation of the reductions we announced last summer. It’s obviously very hard for the employees concerned, and we are committed to helping them through this difficult transition,” said Motorola.

Google had confirmed last year that Motorola Mobility needed to reduce about 20 per cent of its workforce.  It had acquired Motorola Mobility in May 2012.

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.