Seagate Technology and Motorola both said Tuesday they have invested in the portable storage market, hoping to meet a growing need by users of cell phones and smartphones to carry gigabytes of digital photos and music in their pockets.
Despite Hewlett-Packard Co.'s commitment earlier this week to keep its investments in research and development intact after the announcement of 14,500 job cuts, the company has decided to cut four research projects from its HP Labs organization, a company spokesman confirmed.