BROWSING: financial

AT&T CEO John Stankey: 'When our first act is done, we’ll be a more focused, agile and capable domestic network leader' At AT&T’s analyst and investor day, CEO John Stankey signaled a two-act reinvention for the operator, describing a company more focused on connectivity and...

Capable of far greater speed and reliability, 5G, which is set to go live in the next few years, promises ubiquitous and uninterrupted connectivity. Once implemented, 5G will effect sweeping changes across all industries including Banking and Financial Services (BFS). Like every other industry, mobility...

The drop in revenue growth and margin in traditional telecom services has led Latin American operators to seek opportunities to provide new services and business solutions for verticals. The low value-added level of connectivity offers associated with end-user needs has also been a trigger...

Hewlett-Packard shocked the business world when it not only reported a $6.9 billion loss for its fiscal fourth quarter yesterday but also released a non-cash impairment charge of $8.8 billion related to its acquisition of the British software company Autonomy in 2011. HP said the majority...

It was not an easy quarter for Microsoft and Google. The two giant companies both presented their results for the quarter ending Sept. 30. The acquisition of Motorola Mobility pushed down Google’s results, since Motorola Mobility posted an operating loss of $527 million in its...

The strongest venture from within U.S. carrier ranks in m-commerce is doubling down, if you will, on its collective bet to the tune of $100 million.Verizon Wireless (VZ), AT&T Inc. (T) and T-Mobile USA Inc. (DTEGY) are gearing up to invest at least that...

DigiTimes | August 25, 2011 | Chloe Yu, Adam Hwang China Unicom on August 24 released its financial report for the first half of 2011, with net profits of CNY2.637 billion (US$403 million) 5.5% on year. Read the full article here via DigiTimes  

ICAP Patent Brokerage Offers to Sell a Patent Portfolio Disclosing an Important Improvement in E-Commerce SecurityChicago – (August 11, 2011):ICAP Patent Brokerage, a division of ICAP plc, the world’s largest intellectual property brokerage and patent auction firm, and 3M Future LLC have just signed...

Silicon Valley took it’s knocks with the rest of the U.S’ financial markets Friday, with tech stocks sinking significantly as fears of a double dip recession increased.Even the Valley’s giants, Apple and Google, took major hits to share prices, losing millions in just moments....

The stock market is poised for a disastrous week, following previously disastrous weeks and a first-ever downgrade of America's debt by Standard & Poor's Financial Services LLC last Friday.In the last month, the Dow Jones Industrial Average has declined 11.83% and in the last...

Editor's Note: Welcome to our weekly Reality Check column. We've gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace. It was a morbid week for Sprint Nextel Corp. (S) and Clearwire Corp. (CLWR), no doubt about...

Verizon Wireless (VZ) is now the second major carrier in line for integration with American Express Co.'s (AXP) burgeoning digital commerce platform Serve.Sprint Nextel Corp. (S) snagged the first carrier deal with American Express two weeks ago. It will also be the flagship carrier...

Mountain View based Intuit Inc., maker of the popular TurboTax program, has announced the availability of its QuickBooks invoicing app for Android, following up its iOS app for Apple iPhone users.The firm says this should make using QuickBooks easier on the fly for the...

Not only does Apple Inc. (AAPL) have the most succesful tablet on the market with the iPad, it's also made significant headway in dominating the enterprise market, a sector that hasn't been strong historically for the company. Apple is no doubt a heavyweight in...

Ericsson has unveiled its financial results and, although the world’s largest network equipment maker had reported a decline in sales in North America, Latin America’s sales increased 17% year-over-year and 23% sequentially, achieving US$ 781 million in the second quarter of 2011.

Despite another strong quarter for chipmaker Intel in terms of revenue, the chipmaking giant couldn’t help but be disappointed by its continued failures to break into the mobile market and the decline of its low powered Atom chipset. Intel posted Q311 revenue of $13 billion,...

Qualcomm Incorporated delivered solid third quarter financial results on Wednesday, exceeding analyst estimates but apparently not living up to shareholder expectations, with the firm’s stock taking a small hit after hours.The San Diego based chipmaker actually saw a stellar quarter with revenues of $3.62...

Mobile commerce gained some considerable momentum today when it was announced that the four largest national payments networks would be joining Isis. The national mobile commerce joint venture between Verizon Wireless (VZ), AT&T Mobility (T) and T-Mobile USA Inc. (DTEGY) will get a significant...

Sprint Nextel Corp. (S) continues to forge a different path in mobile commerce that sets it apart from the other top carriers in the United States. Today the company announced that will be the first carrier partner for American Express Co.'s (AXP) Serve.The somewhat...

Businesses increasingly are using wireless technology to communicate internally among employees and externally with potential and existing customers. The trend is only going to continue as more people drop landline telephone services. While traditional media companies were early adopters of mobile technology to communicate,...

Considering all the activity of late, PayPal appears to be jumping into the deep end of the mobile payments space. The company is planning to launch a new application for Android devices later this summer that leverages near field communication technology to provide a...

Cisco is planning to fire 7000 workers by the end of August, with an additional 3000 taking voluntary resignation according to Bloomberg News. The massive cuts – representing around 14% of the firm’s entire workforce - follow Cisco’s catastrophic quarterly earnings, which saw the firm’s...

eBay Inc. (EBAY) has reached a deal to acquire Zong for $240 million in cash. The Menlo Park, Calif.-based company provides mobile payments through carrier billing channels and has deals with more than 250 operators around the world.eBay plans to combine bring Zong’s...

The Securities and Exchange Commission (SEC) issued American Tower Corp. (AMT) a subpoena seeking tax-related documents dating from 2007 to current financials. This is in the midst of a company push to change its corporate status in a manner that should reduce taxes in...