May 21- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for smartphones and large-screen TVs. Best Buy said its revenue growth in the United States was driven by sales of mobile phones bundled with billing plans by telecom carriers. Best Buy's revenue from the United...» Read More
Federal authorities are unlikely to block AT&T's proposed acquisition of DirecTV, according to a new report.
Twilio's CEO Jeff Lawson explains how the cloud-based service functions. Twilio is number 41 on CNBC's Disruptor 50 list.
*AOL shares jump 19 pct; Verizon down 0.7 pct. May 12- Verizon Communications Inc said on Tuesday it will buy AOL Inc for $4.4 billion, turning the biggest U.S. wireless carrier into a leading provider of content and video for the web and mobile phones. AOL and its properties, including the Huffington Post, TechCrunch and Engadget websites, would become a Verizon...
Verizon and Sprint will pay a combined $158 million to settle allegations of sticking customers with unauthorized charges.
Sprint agrees to settle a US lawsuit after the carrier involved with unauthorized charges to customers' bills.
NEW YORK, May 12- Sprint Corp has agreed to provide as much as $50 million of consumer relief to resolve a U.S. government lawsuit accusing the mobile carrier of letting third parties tack unauthorized charges on to customers' bills, a practice known as cramming. The settlement was expected to be one of the announcements at a press conference later on Tuesday...
*AOL shares jump 19 pct; Verizon down 0.5 pct. May 12- Verizon Communications Inc said on Tuesday it will buy AOL Inc for $4.4 billion, turning the biggest U.S. wireless carrier into a leading provider of content and video for the web and mobile phones. AOL and its properties, including the Huffington Post, TechCrunch and Engadget websites, would become a Verizon...
*Deal includes $300 mln in AOL debt. *AOL CEO Tim Armstrong to continue to lead company. May 12- Verizon Communications Inc said it would buy AOL Inc in a $4.4 billion deal that gives the biggest U.S. wireless carrier access to AOL's mobile video platform and content including the Huffington Post news website.
AOL decided to sell to Verizon in order to compete in a future marketplace dominated by larger players, CEO Tim Armstrong tells CNBC.
NEW YORK— After selling millions of Americans their mobile phones, Verizon now wants to capture their eyeballs, too. As its phone business slows down, the nation's largest wireless carrier is making a $4.4 billion bet that it can find growth in mobile video and advertising by buying AOL, one of the Internet's oldest brands, which has been through its own share of...
Phone-based customer service could soon improve, thanks to this company, whose aim is to provide a better, faster call-center experience.
This free communication technology app delivers proprietary "data over audio" to connected smart devices.
Twilio is pulling $100M in revenue, convincing developers to use its technology to add call, voice, text and picture messaging to any app.
Comcast said Monday it has named Michael Cavanagh as its new chief financial officer.
Television viewing has plummeted 9 percent so far this season compared with the previous season, the NYT reports.
Al Jazeera said it had replaced the chief executive of its U.S. network after reports of several staff departures and a lawsuit.
CBS chief Les Moonves says broadcast TV remains the best bet for advertising because of one key factor.
Award-winning actor Rob Lowe said he believes the emergence of video streaming services has changed acting—here's how.
TORONTO, May 7- Canadian telecom company Manitoba Telecom Services Inc said on Thursday it would cut a quarter of its headcount within its Allstream division, reduce capital expenditures and slash its annual dividend following a strategic review. Low interest rates and a spiraling defined-benefit pension bill have stung the Winnipeg- based company, which...
May 7- Canadian telecoms company Manitoba Telecom Services Inc said it would cut jobs by 25 percent as part of a strategic review. The company, which has struggled with tough competition, said also said on Thursday that it would slash its annual dividend to C $1.30 per share from C $1.70. Manitoba also said it planned to reduce its capital expenditure by 20-30...
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