Motorola Betting Billions on New Handset Spinoff

After several years of bleeding money, Motorola's handset division is finally stemming losses thanks to co-CEO, Dr. Sanjay Jha, betting on Android. Jha will now head up the soon-to-be-spun-off division, to be called Motorola Mobility, in which the carrier will sink $3-$4 billion of cash.…

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