Sprint CEO Dan Hesse said the pay cut was intended to “eliminate some of the distractions” over his company’s decision to subsidize Apple’s popular iPhone.
China's Shanghai Composite is expected to trade higher on Monday despite the slide in global markets on Friday. But expected economic data, as well as the imminent launch of the biggest Chinese initial public offering this year, may sway the case for caution.
The online-travel site's stock has shot up 57% this year but in order to keep investors coming back, the company has to hit the ground running in its new battlefield — mobile bookings. The CEO will outline his plan on CNBC's "Squawk on the Street" on Thursday.
BlackBerry maker RIM has gone beyond the tipping point for launching a successful fight back against Apple’s iPhone, but new CEO Thorsten Heins could offer the company some hope, Tim Daniels, TMT Sector Strategist at Olivetree Securities told CNBC.
The wireless tower stocks aren’t very sexy, but Cramer said they make investors a lot of money.
Mad Money's Cramer explains why SBA Communications, the smallest of the big three wireless tower operators in America, is at a terrific entry point now.
CNBC's Kayla Tausche reports Zynga's proposed acquisition of OMGPOP is worth roughly $200 million.
Bernstein Research downgraded Sprint Nextel Monday, saying the telecommunications company’s risks of filing for bankruptcy protection are rising and will increase further as it releases its first 4G iPhone.
More than 25 billion apps have been downloaded from Apple’s App Store, the company has announced, in a milestone that highlights the shift to a new model for computing, digital content, software and the web. The FT reports.
MetroPCS Communications gapped higher last week, and now the bulls are buying the pullback.
Japanese companies Fujitsu and Panasonic plan to enter the European smartphone market as rivals Apple and Samsung have piled on the pressure in their previously isolated home market.
Research In Motion stock found a buyer in David Einhorn’s Greenlight Capital, according to 13-F filings made public Tuesday.
Singapore Telecommunications posted a 9.6 percent fall in third-quarter net profit as weak results from Indian affiliate Bharti Airtel and gains in the Singapore dollar versus regional currencies hurt earnings.
Telstra, Australia's largest phone company, reported higher first-half earnings and maintained its full-year guidance on Thursday, as nearly 1 million new mobile subscribers offset a fall in sales at its Yellow Pages Sensis business.
Norway's Telenor will continue to fight but exit from India is also an option, after India's Supreme Court ordered cancellation of telecoms licenses issued in 2008, including 22 held by its Indian joint venture.
Facebook underwent two massive shifts in 2011, the details of which are hidden in the company's S-1 filing.
Open-source products, emerging markets could push Apple’s stock price to $270, one analyst says.
Jim Rogers, CEO and chairman of Rogers Holdings, said he would not buy Facebook as a stock because it would be too expensive.
RIM's new CEO Thorsten Heins is sticking by his statement that RIM does not need to make any "drastic changes" to the company and it’s not a “turnaround” play, but he acknowledges the company is suffering in the US market.
CNBC's David Faber has the details on Verizon's earnings and why its earnings per share fell short of estimates,
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