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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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Motorola launches lower cost Moto G, but China misses out

Motorola unveiled its new relatively low-cost smart phone on Wednesday, aimed at consumers in emerging markets and those on a tight budget everywhere.
Credit: CNN

Shasta Darlington

CNN

SAO PAULO (CNN) -- Motorola unveiled its new relatively low-cost smart phone on Wednesday, aimed at consumers in emerging markets and those on a tight budget everywhere.

But the one country noticeably missing from the rollout of Moto G was China, thanks to the unfriendly relations with Motorola's parent company Google.

The Moto G will cost just $179 without a contract in the United States, about a third the cost of an iPhone 5c.

Motorola launched the new device in Sao Paulo, Brazil, in a presentation beamed around the globe.

CEO Dennis Woodside said Moto G has set its sights on the whole world.

"It's really designed to serve the half a billion in the world who next year will buy a smart phone for under $200," he told CNN ahead of the launch.

Many of those people are in emerging markets, like Brazil, the world's sixth largest economy with a rising middle class and a major smart phone market.

The Moto G won't be offered in the U.S. until January and it will eventually go on sale in about 30 countries.

In Brazil, sales began Wednesday. The phone starts at 649 reais or about $280, compared to about $600 for the cheapest new iPhone without a contract.

It's aimed at the country's emerging middle class -- people who often don't have computers at home.

"Brazil is an incredibly vibrant market," Woodside said. "People are coming on to the mobile internet for the first time."

Industry observers at the launch said it should be a hot ticket heading into Christmas, with its price and features making it competitive.

Those features include a big, high-resolution screen, the latest Android software a long-life battery, 8 GB of internal storage and a 5 megapixel camera.

"Most people in the world can't afford $500, $600 for a smartphone," said Woodside during the launch. "We think the industry should provide more for the consumer dollar."

In the U.S., Moto G is being targeted at the pre-paid market, especially students and children.

As for China, it is the world's biggest market for low-end mobile phones, but the government blocks many of the Google services -- like Gmail and Google Search -- that Motorola says will make Moto G the new smart phone of choice.

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