After a deluge of leaks, Motorola today announced the Moto E, a new budget Android smartphone aimed at emerging markets. A successor to the Moto X and mid-range Moto G, Motorola hopes to make an impact with a low-cost handset for the masses. The handset will launch with Android version 4.4 (Jelly Bean) and should receive firmware updates in a timely manner. That’s because similar to the Moto X and Moto G, the software is almost identical to ‘stock Android,’ with only slight alterations and a smattering of Motorola apps. As with the Moto G though, the device isn’t powerful...

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