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WASHINGTON, May 24- An influential U.S. senator on Friday expressed strong concerns about Japanese company Softbank Corp's plan to buy 70 percent of Sprint Nextel, the No. 3 mobile service provider, warning it could expose the United States to more Chinese cyber attacks.
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The Palm Treo Pro is one of the most anticipated product releases in the company's history. Riding the wave of the Centro smartphone, Palm was in a position to capitalize nicely on its marketplace momentum with Treo Pro's release Wednesday. But there's a hitch...
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This is an important week for Intel, a company at a kind of competitive and technological crossroads. The company is hosting its annual developers' forum in San Francisco, with chairman and former CEO Craig Barrett delivering today's keynote.
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Over the past few weeks, several Wall Street kernels have popped when it comes to Apple. And this morning, Pacific Crest Securities' Andy Hargreaves focuses on Apple's iPhone and its momentum in the marketplace.
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First there was the craziness with Yahoo and Microsoft. Will they? Won't they? Should we even care anymore? Now, to quote Yogi Berra, it's like deja vu all over again, with investors in Electronic Arts and Take-Two Interactive wondering whether this marriage will ever come off, or whether the wheels come off the deal instead.
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China's economic growth is expected to stabilize in the third quarter, helped by a shift of government policy towards sustaining growth, a major government research institute said on Friday.
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This is another Apple Inc. story working its way through the blogosphere at break-neck speed, spreading like a fungus in a damp swamp of conjecture, fear and a noticeable lack of details.
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Best Buy will start selling the iPhone on Sept. 7, becoming first U.S. chain to do so outside of Apple's and AT&T's own stores.
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The moment I first saw Amazon's Kindle electronic book reader, I thought, "Oh wow, here's a product searching for a market, rather than an innovation addressing an unmet market need." Flash forward to today as Citigroup doubles its Kindle sales projections, from 190,000 to a whopping 380,000 units this year.
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When Apple was preparing to launch its "app store" for iPhone, the online software marketplace of free and for-sale third party developer applications, I suggested then that this was potentially the great hidden gem in the iPhone story. That App Store might some day rival iTunes as a revenue stream.
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Following are Wednesday's biggest winners and losers. Find out why shares of Consol Energy and Flowserve popped while News Corp and Sprint Nextel dropped.
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Sprint Nextel warned subscriber defections would swell in the current quarter and shocked investors with a $3 billion convertible offering that sent its shares down 11 percent.
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Motorola named Sanjay Jha, Qualcomm's chief operating officer, to head its money-losing mobile devices unit and become co-chief executive with Greg Brown.
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In the first 10 days after Apple opened its App Store for the iPhone, consumers downloaded more than 25 million applications, ranging from games like Super Monkey Ball to tools like New York City subway maps. It was nothing short of revolutionary, not only because the number was so high but also because iPhone users could do it at all.
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So after all the high drama, the passion, the verbal assaults, the hand-wringing, the concerns, worry and bitterness, Yahoo's shareholders have spoken. And they are resoundingly supporting the current board of directors. And I mean resoundingly...
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Apple Inc. was called on the carpet last summer after releasing the original iPhone and then cutting its price just eight weeks after by $200, leaving many Apple fans -- and recent Apple converts -- angry and disgruntled.
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The Apple switch from IBM's spacerPowerPC microprocessors to Intel's chips made big headlines a couple of years ago, and the relationship by all accounts, has been incredibly beneficial for both.
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Verizon Communications posted a higher-than-expected quarterly profit on Monday on strong wireless sales and improved margins, offsetting a fall in landline users.
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Here in Redmond, Washington, at Microsoft's global headquarters, the Johnson news is top of mind. Microsoft is preparing to meet with Wall Street at the company's Financial Analyst Meeting. Now, Microsoft will be forced to deviate--in a serious way--from its prepared agenda
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Mobile phone chip and technology supplier Qualcomm posted a profit for its fiscal third quarter and revenue rose amid increasing demand for phones with high-speed Web links.
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Verizon Communications Chief Executive Ivan Seidenberg said its Verizon Wireless venture should complete its acquisition of rural mobile phone service provider Alltel by the of the year.