Shares of JDS Uniphase Corp. headed higher Wednesday after a Citi Investment Research analyst started coverage of the communications equipment maker with a "Buy" rating.

A national advertising watchdog asked Sprint Nextel Corp. to drop its ads calling itself "America's most dependable 3G network."

A national advertising watchdog is asking Sprint Nextel Corp. to drop its ads calling itself "America's most dependable 3G network."

A North Dakota landowner has sued Midcontinent Communications over allegations that the company did not get the proper permission when it buried cable on his property.

AT&T Inc unveiled on Monday an offering that lets customers using its network for Web-surfing on laptop computers or netbooks avoid the obligation to sign a two-year contract with the operator.

Patent holding company Klausner Technologies Inc. on Monday said it's suing Motorola Inc. and the maker of BlackBerry smartphones for allegedly violating its patent for visual voicemail.

Cell phone handset maker Sony Ericsson will move its North American headquarters from North Carolina to Atlanta and close a half-dozen sites worldwide as it retrenches against what it expects will be a tighter market and cuts about 1,600 jobs globally.

Soros Fund Management LLC, the hedge fund run by billionaire investor George Soros, increased its holdings in U.S. stocks to $6.2 billion from $4.2 billion and bought a stake in Ford Motor Co.

BOSTON (Reuters) - Billionaire investor George Soros' hedge fund reported holdings of $6.2 billion during the third quarter, an increase of $2 billion, after taking a stake in automaker Ford and boosting his holdings in communications services stocks.

Qualcomm, the world's biggest chip maker, said on Tuesday that it expects to sell its TD-SCDMA chips in mainland China within the next year.

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.

With Democrats in charge in Washington, supporters of so-called "net neutrality" rules seem poised to finally push through requirements that high-speed Internet providers give equal treatment to all data flowing over their networks.

AT&T Inc. says Internet access to its iPhone and other cellular device failed for a time Thursday morning in Arkansas.

Among the earnings stories for Tuesday, Oct. 13, from AP Financial News:

AT&T Missouri has agreed to pay $1.4 million to settle a federal lawsuit alleging it violated the rules to receive school Internet contracts.