One month after Motorola CEO Greg Brown took direct control of the company's troubled handset business, Motorola announced the "immediate" departure of its former head, CNET News reports. This move came one day after the company confirmed that its marketing chief was also no longer with the firm:

"Motorola, Inc. today announced that Stu Reed, formerly the president of Motorola's Mobile Devices business, has decided to leave the company, effective immediately," the company said in a statement.

As the article indicated, the last six months or so "haven't exactly been the best period in the history of Motorola's mobile-phone business," noting that the company lost a lot of market share, as the industry speculated the company could spin off its handset business entirely.