Peter Kafka

Recent Posts by Peter Kafka

Google Bumps Up Size, Cost of Motorola Cuts

Google says that cuts at its newly acquired Motorola Mobility unit will be broader than it first thought, and it will now spend $300 million on severance charges. In August, the company told investors that those charges would cost $275 million. Google says it will also spend another $90 million on “other charges related to facility and market exits,” and says more cuts and charges may come, “some of which may be significant.”


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”