Motorola will break up into two publicly traded entities; Take-Two rejects EA's hostile buyout offer; and young athletes will soon have a social-networking site all their own.
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Motorola announced Wednesday that it will break into two publicly traded entities. One will handle handsets and accessories, while the other will continue to concentrate on wireless broadband and enterprise communication products.
CNET News.com reporter Maggie Reardon and News.com department editor Jim Kerstetter join Leslie Katz to talk about what Motorola hopes to gain from the move.
It probably won't surprise anyone that Take-Two Interactive Software has rejected Electronic Arts' hostile buyout offer. Take-Two says the $26 per share offer is inadequate, but that the company's board is studying alternatives.
And Weplay, a social-networking site for young athletes, is set to launch in April.
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