The Federal Communications Commission is expected to vote on June 18 to begin the process of revamping the $1.7 billion program, called Lifeline, which has helped poorer Americans get access to telecommunications technologies since 1985.. FCC Chairman Tom Wheeler wants to give those receiving the subsidy a choice of using it for phone services, high-speed...» Read More
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.
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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.
Research in Motion investors were betting on a big quarter, and the Blackberry maker delivers. And delivers big time. The company reported 72 cents a share on $1.88 billion, with both categories well ahead of Street expectations.
The last time the market was this overbought the index dropped 1,500 points.
Here we go again: rumors swirling of iPhone shortages, supply constraints, manufacturing issues, and other sky-is-falling doomsday scenarios swirling around Apple and the product that should guide revenue and growth for the next generation.
Apple's iPhone is in short supply at many of its U.S. stores, which could indicate a component shortage or a clearing of shelves for a new model, analysts said Wednesday.
Let's face it. Most people above a certain age don't "get" instant messaging. Thankfully, Research in Motion has attached Blackberries to the hips of business people so they can e-mail each other on the go. If you think this company sounds boring or its products aren't sexy, you haven't seen RIM's growth numbers.
Today could be a watershed day for Research in Motion after a raucous quarter that saw shares dip into the low $80s before launching their recent recovery over the past week or so. And that's the quirkiness comes in: never during the quarter was there an indication that fundamentals hit any snags, and yet shares suffered a precipitous decline.
We've spent a lot of time at CTIA talking about Research in Motion, Apple, Nokia and other major players from the wireless world. But it was the surprising comments from Microsoft's spacer entertainment and devices division president during my interview with him that began to drive Microsoft's shares.
The news, such that it was, seemed intriguing: a blog reported that Research in Motion announced plans this morning at the big CTIA Wireless show in Vegas, that it was going to unveil a Windows Mobile compatible BlackBerry.
Rested, relaxed, and now raring to go. Two back-to-back weeks off is a rare treat in this business and we made the most of our time off, but talk about jumping back into the swing of things with a vengeance!
Indonesia's second-largest mobile phone operator, PT Indosat Tbk, saw a better-than-expected 23.6 percent rise in fourth-quarter net profit, thanks to strong growth in its subscriber base.
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