Lenovo Group doesn't need a phone company. It is a phone company. The Chinese consumer-electronics giant is currently the fourth-largest smartphone maker in the world, according to research firm IDC. It's bigger than LG Electronics, HTC, Sony and yes, even Motorola Mobility.
Meg Whitman, who built her career at companies that sell shoes, toys and Beanie Babies to consumers, may be ill-prepared to lead computer maker Hewlett- Packard Co. as it seeks to cater more to large corporations.
Google Inc. is jumping into digital home automation with its acquisition of Nest Labs Inc., shining a spotlight on an unproven market that has so far been filled with expensive devices that can’t communicate with each other.