China Mobile, the world's top cellular carrier, posted a 37 percent rise in its quarterly net profit on Monday thanks to strong subscriber growth.
A weaker economy is forcing U.S. consumers to find ways to lower their telephone bills, likely limiting profit growth for phone companies like AT&T and Verizon Communications.
AT&T said Friday it would cut its work force by 1.5 percent, or 4,600 jobs, primarily affecting management-level employees, resulting in a first-quarter pre-tax charge of $374 million.
January-March underlying earnings at Nokia, the world's biggest maker of mobile phones, rose in line with expectations, it revealed on Thursday, but its view of the market in 2008 dented its share price.
European shares fell on Thursday, led lower by Nokia after the world's biggest maker of mobile phones failed to impress investors with its outlook, dragging down other technology and telecom stocks.
Shares of major semiconductor companies and telecom equipment firms rose Wednesday morning as solid a first-quarter report and outlook from chip maker Intel lifted both sectors.
Who says broadcasting is all about TV? One of the hot topics at the National Association of Broadcasters convention is broadcasting to your mobile phone. Media companies are eager to get their content onto your phone--to allow you to channel surf, and take in commercials, just like you're sitting in your living room
It's so easy to paint investing with broad brushstrokes, and say "tech" is strong, or "tech" is bad, but with Intel, IBM, eBay and Google all reporting this week, we get to remind ourselves that the sector is made up of individual stocks and individual industries.
This is the second of my two part blogs on Bon Jovi. Make no mistake: Bon Jovi is big business, as we discovered during the band's recent stopover here in Silicon Valley in the middle of its 100 city, global "Lost Highway" tour. Just ask the band's manager, Paul Korzilius.
This is the first of two posts on my "exclusive" interview with Bon Jovi. Be sure and come back tomorrow for more. Bon Jovi's tour continues through the United States today, but it was at a visit to Silicon Valley earlier this week that I got a taste of the phenomenal technology the band is using during the show.
You ever watch popcorn pop? The oil gets hot, the kernels start moving around, and then one pops. And another. And then pretty soon, it gets so hot that everything pops all at once. Check out what's going on today on Wall Street with Apple and you gotta wonder whether these are merely the first kernels to pop before the company reports earnings.
European shares advanced on Monday, adding to last week's gains, led by financials such as Swiss bank UBS and mining stocks, which gained on the back of higher metals prices and an upbeat analyst note.
Motorola said Monday it has settled all litigation with billionaire investor Carl Icahn ahead of the cellphone maker's annual meeting and agreed to name two of Icahn's nominees to its board of directors.
Microsoft's deadline ditty late Friday that Yahoo has three weeks left to get a deal done before the deal gets hostile spurred a lengthy, and at some times personal, retort from Yahoo. And the rhetoric is getting interesting, but only to a point.
The European Union on Monday opened the way for air travelers to use mobile phones to talk, text or send e-mails on planes throughout Europe's airspace.
Mobile phone maker Motorola said after U.S. markets closed Thursday that it was cutting jobs and paying severance payments to around 2,600 workers, resulting in a net pre-tax charge in the first quarter of around $104 million.
Some of us knew it was going to happen; it was just a matter of when. Over the last few Apple events, it seemed as if Steve Jobs would always throw a graphic up on the big screen behind him to show the progress iTunes had been making against the traditional music retailers. Today, Apple finally lays claim to the industry's top spot: No. 1 music retailer -- surpassing Wal-Mart.
1st paragraph of story should go here
Plus, Cramer defends Verizon's Ivan Seidenberg while breaking down how MedcoHealth trades.
Research In Motion reported a fourth-quarter profit that more than doubled and beat expectations, and the company delivered a strong outlook.