MOTOROLA

Wall Street was set to rise on Thursday after four days of losses in the S&P 500 as reassuring corporate profits spurred optimism ahead of data expected to show the U.S. economy resumed growing in the third quarter.

After weeks of buzz, Verizon Wireless today officially took the wraps off the Droid, a smartphone built by Motorola and powered by Google's Android 2.0 operating system, by confirming the new phone will hit stores on November 6.

Motorola Inc's new Droid phone will be the first to use navigation software from Google Inc, in a direct challenge to GPS device makers Garmin and TomTom.

Google has publicly dished on its new turn-by-direction service, Google Navigation, which will be available on Android 2.0 mobile devices.

A legal battle between Apple Inc and Nokia over patent infringement is likely to last for more than a year, said Bill Merritt, the head of mobile licensing firm InterDigital.

Investor Carl Icahn said late Friday he has resigned from the board of directors at Yahoo Inc., saying that there was not a need at this time for an activist investor at the internet company. Icahn said in a statement that there were a number of other companies on which he is currently focused, and praised the company's recent search and advertising partnership with Microsoft Corp.

Verizon and Motorola launched their Droid Does campaign recently which caused a stir, and they are expected to announce details of the new Motorola Droid on October 28.

Apple updated its entire Mac lineup on Tuesday, including its desktop iMacs, a new unibody MacBook, the Mac mini, and the newest addition to the Apple product line is a wireless, multitouch mouse. The company rolled out the new products just ahead of Window's 7 debut. Coincidence?

Verizon, No. 2 wireless carrier in the U.S., made its boldest attack on Apple's iPhone with a TV commercial that boasted Droid, a new smartphone from Motorola, does everything the iPhone doesn't.

Apple Inc. reports a 46 percent increase in its fiscal fourth-quarter earnings as the company posts higher revenue than a year ago led by better-than-expected sales of iPhones, Mac computers and iPods

Shares in Motorola Inc rose over 8 percent on Monday on investor anticipation that its second phone powered by Google Inc's Android system would be a hit at Verizon Wireless.

Verizon increased its bid to generate buzz over its Motorola Android-powered 'Droid' this weekend by rolling out an ad the questions the usefulness of Apple's iPhone.

Sprint Nextel Corp plans to buy wireless affiliate iPCS Inc for about $426 million excluding debt, and the two companies have agreed suspend all litigation between them.

Sprint Nextel Corp plans to buy wireless affiliate iPCS Inc (IPCS.O) for about $426 million excluding debt, and the two companies have agreed suspend all litigation between them.

T-Mobile announced on Tuesday that the Motorola Cliq, Motorola's first smartphone on Google Android platform and a potential booster, will be available next month.

Motorola Inc shares rose 6.5 percent on Friday on hopes the company could turn around its loss-making handset business with the new cellphone it developed with Google Inc.

Motorola unveiled on Thursday the first of many cellphones to be developed in partnership with Google, but analysts questioned if it could revive the once-dominant handset maker's fortunes.

The following stocks may be affected by newspaper reports and other factors on Friday:

Motorola Inc unveiled on Thursday the first of many cellphones to be developed in partnership with Google, but analysts questioned if it could revive the once-dominant handset maker's fortunes.

Motorola Inc on Thursday said it would launch a new cell phone that uses Google software and seeks to tap into the popularity of online social networks like Facebook.

Motorola Inc unveiled on Thursday a new cellphone that uses Google software and features easier access to social networking sites like Facebook and Twitter, but some analysts said it might not be enough to turn around the company's money-losing handset business.