Motorola is trying to lower the cost of entry for smartphone buyers around the world with its latest device: the $129 Moto E. The company announced the device Tuesday morning, saying the gadget will be available at its low price without requiring a service contract. By comparison, a 16-gigabyte iPhone 5s with no contract costs $649. Read more http://www.latimes.com/business/technology/la-fi-tn-motorola-moto-e-129-20140513-story.html