Wal-Mart Stores is offering a $100 gift card along with the purchase of a BlackBerry phone for one week, in its ongoing bid to attract more holiday shoppers.

Vodafone Group, the world's largest cellphone service operator by revenue, is to step up cost cutting after a successful start to a program which boosted cashflow in the first half of the year.

Verizon Wireless said Thursday that it would sell an HTC Corp phone based on Google Android system for $99.99, potentially putting pressure on smaller carrier Sprint Nextel.

Motorola forecast a higher-than-expected profit for the current quarter, when it will start selling two new Google Android phones in hopes of regaining ground lost to iPhone.

Verizon Wireless will start selling its answer to the iPhone — the Droid — for $200 next week as the company taps into the growing appetite for smartphones that go far beyond making calls.

Verizon, the nation's largest wireless carrier, said Monday its second-quarter profit fell 21 percent as cost-cutting in its wireline business failed to keep pace with falling revenues.

The Justice Department is starting a review of whether the largest U.S. telecommunications carriers engage in anticompetitive behavior, the Wall Street Journal reported Monday.

Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel. Plus, there was some window dressing as Tuesday marks the end of the second quarter.

Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel.

Stocks rallied Monday as Bernie Madoff received the maximum sentence and oil topped $71 a barrel.

Wall Street eased into a holiday-shortened week with stock index futures pointing to a slightly lower opening Monday.

With CD sales dropping fast, it is not hard to imagine how the major music labels could benefit from the growth of Web start-ups like Imeem. The company’s service lets people listen to songs, discover new artists and share their favorites with friends. And in return, Imeem owes the labels licensing fees for use of the music, the New York Times reports.