Greg Brown

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Co-Founder of 1990s Band Cake Has Died

Greg Brown wrote the signature song 'The Distance'

(Newser) - The guitarist and songwriter who helped give the 1990s group Cake its distinctive sound has died. Greg Brown, a founding member of the Sacramento band and the writer behind its breakout song "The Distance," died after a short illness, the group announced on social media over the weekend,...

Motorola Agrees to Seat 2 Icahn Board Picks

Billionaire, company reach truce; Icahn drops proxy threat

(Newser) - Carl Icahn, who last month pressured Motorola into selling off its troubled mobile phone division, added win No. 2 yesterday in his battle with the telecommunications equipment maker, as the company agreed to nominate two Icahn’s candidates to its board, the Wall Street Journal reports. Icahn will drop his...

As Razr Loses Edge, Motorola Could Cut Itself

Top investor wants the struggling company to break up

(Newser) - In an era of rampant telecom convergence, Motorola may be headed the other way. With its once-popular Razr phone leading a money-losing cellphone business, Carl Icahn, the company’s No. 3 shareholder, thinks slicing up the company would create $20 billion in shareholder wealth. The math works, the Wall Street ...

Motorola CEO Zander Will Step Down
Motorola CEO Zander Will
Step Down

Motorola CEO Zander Will Step Down

He's been under fire for a year over disappointing results

(Newser) - Motorola's besieged CEO, Edward J. Zander, will step down at the end of the year, the Wall Street Journal reports. Zander, who has been under fire from investors for a year for sluggish growth, will be replaced by current president Greg Brown. Motorola's shares rose in response to the news.

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