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The website of British newspaper the Financial Times was hacked on Friday, apparently by the "Syrian Electronic Army", a group of hackers.
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Sprint Nextel has appointed to its board activist investor Ralph Whitworth, who last year threatened a proxy battle against the No. 3 U.S. mobile service provider.
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Apple Inc. as a "value play?" Seems counter-intuitive to think of a company trading at better than 20 times next year's earnings as a "value," but maybe--just maybe--the Street is coming around to the idea that the growth and potential of this company seem horribly undervalued.
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In the past, there has been an almost even split between handsets and operators at the annual Barcelona event. But maybe because of the much-needed upgrades from the operators, handsets rule this year -- with only Apple absent.
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The head of the mobile phone unit at Samsung Electronics ruled out acquiring Motorola's handset business, saying Samsung has little to gain from the combination, Yonhap Newsreported on Tuesday.
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A major service outage afflicted users of the popular, addictive BlackBerry smart phones across the United States and Canada on Monday.
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It is a "CrackBerry" addict's worst nightmare: a catastrophic outage affecting the company's entire network in the Americas. In an e-mail to its enterprise clients, Research in Motion says it has suffered a "critical severity outage" --and the company as of yet is providing no details as to when the network will be back up and running.
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Apple investors have to be scratching their heads wondering when the great story of 2007 will return to 2008. Or if it will at all. The latest grenade lobbed into the Apple tent comes from Friedman Billings Ramsey, purporting to show that Apple has reduced production of its iPod, iPhone and Mac.
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The news from Cisco was a kind of Goldilocks earnings report...a small upside surprise on the topline to the tune of $30 million: $9.83 billion instead of the consensus of $9.8 billion the Street was looking for. Until the guidance. Ouch.
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Just a few hours to go now before Cisco reports and to say there's a nervous tension on Wall Street right now anticipating the news is a deep understatement. It's palpable. I've spent a chunk of the morning calling investors and culling reaction: "nervous" comes up a lot.
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Can you think of anything more annoying than getting an ad on your cell phone? And what if you get an ad when you are just walking down the street minding your own business, and happen to pass a particular store?
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If guidance and outlook have been the Achilles' heels of so many great-earnings-reports-gone-bad this earnings season, then the grand-daddy of them all could come at the close Wednesday when Cisco Systems reports its earnings.
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Maybe it's because the industry is maturing; maybe it's because the executives themselves are maturing; but make no mistake: Silicon Valley is putting its money where its mouth is when it comes to the presidential campaign...
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I read and re-read the blogpost from Google Chief Legal Officer David Drummond yesterday -- distracted from the Super Bowl by the words on the screen because I couldn't believe what I was seeing. The real clash of the titans was unfolding -- not on the gridiron, but online.
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Shares of Motorola rose 10 percent Friday after the company said it was considering splitting off its mobile phone division, the company's biggest unit.
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It is a stunning move by the pioneering name in mobile phones and the best data yet about just how deep the company's problems run: Motorola announced late Thursday that it is seeking alternatives for its handset business that likely will mean a sell-off of the division.
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Motorola said on Thursday it is considering separating its loss-making mobile phone unit, in an apparent concession to demands from activist investor Carl Icahn, sending its shares up 12.7 percent.
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Even as Apple Inc. tries to fend off rumors that iPhone sales are slowing, and Nokia generates a flood of positive media because of better than expected sales this past quarter, struggling Palm continues to raise its hand, trying to get noticed amid all the action in the wireless sector.
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Cramer explains why AT&T and Verizon are hot, and Sprint Nextel is not.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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Sprint Nextel and Clearwire are in "advanced discussions" to form a joint venture that would build a high-speed wireless netowkr using WiMax technology, according to a media report Tuesday.
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If you think your portfolio has taken a hit since the beginning of the year, consider Steve Jobs and his stake in Apple: He's down $377 million and change since Jan. 1, so if anyone knows the magnitude of Apple's steep--and some say overdone--decline since then, it's the mercurial Apple chief.