Tech 2.0 for Friday, March 8, 2013

Contributor: Matt Davenport
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Updated: 3/08/2013 1:52 pm

Another 1200 people from Google's Motorola Mobility division are about to be out of a job. Google announced a new round of layoffs Friday, representing a 10-percent cut. Google bought Motorola in May of 2012 and the division has been struggling. A spokeswoman says these new cuts are a continuation of the 4,000 layoffs the company announced last year.

The former corporate spokesman for computer game retailer GameStop is headed to prison. Frank Christopher Olivera was the VP for corporate communications and public affairs for the company that sells new and used gaming consoles, games and accessories. He was sentenced by a federal judge in Dallas to 4 years and 3 months in prison after he admitted defrauding the company out of almost $2 million. He could have gotten up to 20 years and fined up to $250,000.

Lamborghini is marking its 50th anniversary - with its fastest model ever. It is called the Veneno. It's got a 750 horsepower engine that can slingshot it from "0 to 60" in about 3 seconds, with a top speed of 220 miles an hour. The price tag, about $4 million. Only three are being made - and they already have buyers. Like all Lamborghini's, this one has a name derived from the bull. The Veneno was a particularly speedy animal from the early 1900's.

Google cuts 1200 more jobs at Motorola - Christian Science Monitor

Motorola lay-offs continue as 10% of global staff is cut; affecting 1,200 jobs in US, China, India

Breaking: Google's Motorola unit to cut 10% of workforce.

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Former GameStop executive sentenced to 51 months in prison for embezzlement: Chris Olivera, a former vice...

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I'm Fallin' in love with.... Lamborghini Veneo !!

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