Sprint plans to cut an unspecified amount of jobs and $2 billion to $2.5 billion in costs in the next six months, The Wall Street Journal reported.» Read More
Deutsche Telekom vowed on Wednesday to fight continued sales and earnings declines at its traditional fixed-line business, aiming to stabilize the business by 2010.
Network equipment maker 3Com said Wednesday that it had not yet reached a new merger agreement with its proposed buyers Bain Capital Partners and Huawei Technologies, triggering a 21 percent fall in its shares.
Mobile phone maker Sony Ericsson warned on Wednesday first-quarter earnings could fall by more than half, adding to growing gloom in the handset sector and dealing co-parent Ericsson a fresh blow.
China Mobile, the world's top mobile phone firm, beat forecasts on Wednesday with a 37% rise in quarterly profit, amid healthy subscriber growth.
Deutsche Telekom will buy a 20 percent stake in Greece's largest phone company, OTE, for 2.5 billion euros ($3.33 billion) and aims to take full control of the company as it fuels growth via acquisitions.
When Apple opened its iPhone to software developers last week, as well as enterprise clients, I surmised then that the strategy could lead to the same kind of "halo effect" that iPod enjoyed.
It's unusual for Apple to issue press releases, but this was news the company probably couldn't wait to share: We knew that the software developer kit, the so-called SDK for iPhone, was likely going to be a big deal for the Apple community. And now we have some facts.
Shares in the world's top cellphone maker Nokia and several other European technology firms fell on Tuesday after Texas Instruments cut its first-quarter forecasts, citing a weaker 3G market.
Verizon Wireless expects annual revenue growth in the double-digit percentage range for the next few years, according to Doreen Toben, chief financial officer of majority parent Verizon Communications.
Text messaging is huge with more than a billion texts sent per day. But why bother with words when you can send a video? Texting looks pretty old fashioned compared to a "Mogreet" mobile video message.
These days, the country’s hottest auction is not at Sotheby’s or Christie's. It's the Federal Communications Commission's auction of the 700MHz frequency currently used by TV broadcasters. The auction is a result of the government's previous decision to eliminate analog TV as we know it.
A day after the iPhone news from Apple, we've all had a chance to digest the ramifications of the announcements and as you might expect, there's a lot of opinions floating through Wall Street about just how significant, and important the news is.
Telecom Italia shares slid to a 10-year low on Friday as a grim sales outlook and plans to expand overseas in a much-heralded new strategy stoked fears over its costly debt.
European stocks ended sharply lower Friday, despite a slight rebound after the Federal Reserve announced plans to pour money into credit markets, as fears over the U.S. economy continued to dominate.
European equity markets look set to remain under pressure next week as continuing writedowns from banks are likely to undermine investor confidence. But falling prices will start to support battered stocks, analysts told CNBC.com.
Apple will unveil a comprehensive set of tools for developers to create their own applications for the company's hot-selling iPhone, and then sell them on the iTunes web site.
This is the post of the live blog I did today on the Apple iPhone event at Apple headquarters in Cupertino, California. Please enjoy reading it the first time or again if you were with me earlier today. It reads from my last posting at the top to the very first at the bottom of the page.
When in doubt, delay! That appears to be the strategy at Yahoo, where the company's board has authorized a deadline extension for outsiders to nominate their own slate of directors, which would have been next week. The new deadline will now be 10 days after the company announces the date of its annual shareholder meeting. This clock indeed is ticking...
Strong domestic consumption, booming demand for commodities and a developing infrastructure continue to provide the catalysts for solid returns on investment in Russia, even after Dmitry Medvedev swept to power as the country’s new president, analysts told CNBC.com.
Investors lined up 2 hours before the Apple shareholder meeting began here in Cupertino, California. It's a little unusual for them to be here so early, and I thought it might be related to the company's 40 percent plunge since the beginning of the year.