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Google offloads Motorola's China, Brazil factories

Google's Motorola Mobility unit has signed a deal to sell its Chinese manufacturing operations to Flextronics, which has agreed to run its Brazil facility as well.

Under the deal, announced yesterday, employees and assets will transfer to Flextronics once the deal closes, expected in the first half of 2013. The deal also calls for a manufacturing and services agreement for Android and other mobile devices between the two companies. Financial terms weren't disclosed.

The deal allows Motorola to run more efficiently under Google, which has continued to absorb the unit's losses since taking over the business earlier … Read more

Apple's stock surge makes its secrets a big target

A massive insider trading probe focused on expert networks illustrates just how valuable Apple's secrets--product road maps, new features, and forecasts--have become.

Yesterday, the feds arrested four people in an insider trading probe. According to the Associated Press, the U.S. government alleges that James Fleishman, an executive at Primary Global Research, used four consultants employed by public companies to deliver confidential information. The companies were AMD, Flextronics, Dell, and TSMC. The Holy Grail for traders looking to game the system, however, were details about Apple's plans via Flextronics, a contract equipment manufacturer.

The AP says a government complaint details … Read more

More arrests in tech insider-trading scheme

Quite a lot more details just came out about the insider-information probe that hit the tech world last month, and they're juicy.

The Wall Street Journal has a full report on the whole scheme. Turns out one of the men indicted today, Walter Shimoon, worked for Flextronics, a supplier to Apple. In the papers unsealed today, the FBI caught Shimoon on tape allegedly relaying super-secret details about the yet-to-be-released iPhone last year as well as the internal code name for the project that turned into the iPad. Fortune found the details in the 39-page indictment, and called them out … Read more