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Ken Corbin Named Acting Director of IRS Unit as Lerner Placed on Leave

Telecommunications

  • HELSINKI, May 10- Nokia will sell a new high-end smartphone through U.S. carrier Verizon Wireless, it said on Friday, aiming to expand its share in the high-margin premium market after years of falling behind Samsung and Apple Inc.. The 928 is the latest in Nokia's Lumia range of smartphones which use Microsoft's Windows Phone 8 software.

  • Dish May Sell If It Doesn't Get Sprint: Chairman Thursday, 9 May 2013 | 2:40 PM ET
    Dish Network Corporation Chairman Charlie Ergen

    Dish Network Chairman Charlie Ergen said he could sell the entire satellite TV company if he loses the battle with Japan's SoftBank to buy Sprint Nextel.

  • AT&T launches new brand Aio for prepaid phone service Thursday, 9 May 2013 | 11:50 AM ET

    NEW YORK, May 8- AT&T Inc has set up a subsidiary to offer prepaid wireless services under the Aio Wireless brand, as the No. 2 U.S. mobile service provider looks to compete better with smaller rivals such as T-Mobile US Inc and Sprint Nextel Corp, the company said on Thursday.

  • NEW YORK, May 9- AT&T Inc has cut the price of the HTC First phone, which is preloaded with Facebook Inc applications, to 99 cents from $99.99 less than a month after the phone's launch. AT&T, the No. 2 U.S. mobile service provider, said the price cut took effect on Wednesday.

  • ALGIERS, May 9- The Algerian government will seek a new valuation for Vimpelcom's local mobile phone unit Djezzy before acquiring 51 percent of it, a government source told Reuters. Russia's Vimpelcom acquired Djezzy as part of a $6 billion deal to buy the assets of Egyptian firm Orascom Telecom.

  • Telefonica Needs to Do More in LatAm: Pro  Wednesday, 8 May 2013 | 4:20 AM ET

    Christopher Nicholson, director and lead equity analyst at Oraca, talks about European telecom companies such as Telefonica and Deutsche Telekom, and says Inmarsat is a good opportunity.

  • *Stresses network know-how, mobile synergies as plus for Sprint. TOKYO/ NEW YORK, May 7- SoftBank Corp President Masayoshi Son may get a frosty reception when he comes to the United States this week to meet Sprint Nextel Corp's.

  • *SoftBank president to meet Sprint's institutional shareholders. *Stresses network knowhow, mobile synergies as plus for Sprint. TOKYO, May 7- SoftBank Corp's president said he will go to the United States on Tuesday to meet Sprint Nextel Corp's major shareholders to seek support for the Japanese company's takeover bid.

  • Thai AIS Q1 net profit up 11 pct, tops forecasts Tuesday, 7 May 2013 | 1:37 AM ET

    BANGKOK, May 7- Advanced Info Service Pcl, Thailand's top mobile phone operator, reported an 11 percent rise in quarterly net profit on Tuesday, mainly due to strong growth in non-voice and data services.

  • NEW DELHI, May 6- Reliance Communications Ltd, India's third-biggest mobile phone carrier by customers, has raised some voice call prices and further cut discounts, extending price increases in the world's second-biggest mobile phone market.

  • Some Verizon Investors May Accept Vodafone Premium Monday, 6 May 2013 | 1:34 AM ET

    Some shareholders of Verizon Communications say they could be happy for the company to pay up to $130 billion for Vodafone Group's stake in their U.S. wireless venture.

  • NEW YORK/ LONDON, May 6- Some shareholders of Verizon Communications Inc say they could be happy for the company to pay up to $130 billion for Vodafone Group Plc's.

  • NEW YORK/ LONDON, May 6- Some shareholders of Verizon Communications Inc say they could be happy for the company to pay up to $130 billion for Vodafone Group Plc's stake in their U.S. wireless venture.

  • Why Apple's Iron Grip on Accessories Is Slipping Sunday, 5 May 2013 | 7:07 PM ET

    Manufacturers are gravitating toward wireless connections for Apple’s products, which is helping the market for competitors’ mobile devices.

  • *MTN has 44 pct of Africa's biggest mobile phone market. ABUJA, May 3- Nigeria's telecoms regulator has ordered South African mobile operator MTN to charge customers the same rate whether calling rival operators or other MTN users, in order to reduce its market dominance, it said on Friday.

  • Dealing in Drones: Big Business of Unmanned Flight Friday, 3 May 2013 | 2:10 PM ET
    Sen. Patrick Leahy, D-Vt., holds a Draganflyer X6 drone at a Judiciary Committee hearing.

    Concerns over domestic surveillance aside, the industry says 100,000 jobs could eventually be created if the FAA integrates drones into U.S. airspace by its 2015 target date.

  • JOHANNESBURG, May 2- Shares of MTN rose more than 3 percent on Thursday after Turkcell withdrew a $4.2 billion lawsuit against the South African mobile operator in a dispute over a massive mobile phone contract in Iran.

  • Iraq's second-largest mobile operator said on Thursday it made a net profit of 662 billion dinars last year, on an 18 percent rise in revenue to 2.17 trillion dinars.

  • Iraq's second-largest mobile operator said on Thursday it made a net profit of 662 billion dinars last year, on an 18 percent rise in revenue to 2.17 trillion dinars.

  • HTC's Woes Not Completely Over: Pro  Thursday, 2 May 2013 | 4:30 AM ET

    Dennis Chan, equity analyst at Yuanta Securities, explains why he believes the worse in now behind for HTC, but warns that the pace of recovery for the company will be slower than expected.

Technology