Now that we've established that the MotoMod-compatible Moto Z family of smartphones is still alive, let's focus our attention on those mods.
Moto, the iconic mobile phone brand that Lenovo acquired from Google in 2014 for $2.91 billion, is not shaping up to be the success the Chinese brand would have hope for. Apparently, the company is planning to cancel the Moto X5 entirely, and plans to significantly scale back its efforts to partner with third-party Moto Mod makers...
A report by Android Police, citing sources familiar with the matter, claims the Moto X5 is being abandoned by Lenovo as an effect of the layoffs. The report also says that the Moto brand will be focussing on the E, G, and Z smartphone ranges for now, and even the X series may make a comeback later on which seems unlikely as of now.
Pinnacle Holdings LLC Maintains Stake in Magellan Midstream Partners (MMP)
Tortoise Capital Advisors L.L.C. boosted its stake in shares of Shell Midstream Partners by 109.8% in the 3rd quarter. Atwood And Palmer invested in 1,600 shares or 0.02% of the stock. 4 funds opened positions while 21 raised stakes.
Motorola has announced three new Moto Mods this year. This basically means we'll likely see more practical Mods come out of the gate such as additional speakers and battery packs rather gamepads and projectors.
News surrounding the layoffs isn't surprising as Lenovo had announced late a year ago that it planned to do so over the next few quarters.
Speaking of Moto Mods, popular tipster Evan Blass tweeted a render of a new Virtual Viewer Moto Mod this week that will allow you to slide in your Moto Z phone. Their expected last day of work is April 6, 2018. In a statement this week, Moto said, "In late 2017, Lenovo announced a worldwide resource action that would occur over the next several quarters, and impacting less than two percent of its global workforce". "We are not going for any fixed target (to reach 1,000 "Moto Hubs"), but it can be as soon as in the next six months", said Mathur. It is worth noting a VR headset is now being planned, however, so Moto may not be done with eccentric Mods just yet. The number of "employment reductions" was not mentioned however.