"Quit while you're ahead" is one nugget of conventional wisdom that few CEOs appear to heed, at least judging by the number of executives who have left companies at the behest of shareholders -- or, worse, regulators. Vodafone CEO Arun Sarin, however, appears to be an exception. Sarin, who has been ...
Telecommunications giant Verizon Communications reported a strong profit boost for its first quarter as growth in its wireless business and its fledgling video service helped compensate for losses in its traditional home phone segment. The numbers from Verizon and those from competitor AT&T, whi...
Three of the four largest wireless carriers rolled out new flat-fee monthly subscription options that let users talk as much as they want, sparking concerns among investors about a profit-sapping price war in the mobile space. Verizon, AT&T and T-Mobile all announced all-you-can-consume plans wi...
Microsoft has announced one of its most sweeping executive reorganizations in years, promoting 14 and announcing the departure of three. Many of the changes are aimed at the online and mobile units, where the overlap with potential acquisition target Yahoo is the greatest. Some of the changes had be...
Just days after announcing a major mobile acquisition, Microsoft reportedly is poised to shake up the upper management of its mobile division after the group's former director departed to take a position with Vodafone. Microsoft's mobile business -- which could get a significant boost if the softwar...
IBM's relatively robust outlook and the details of its fourth quarter performance have helped restore some investor optimism toward the tech sector after a wild week that saw recession fears rise on weak results from the likes of Intel. IBM, which earlier in the week preannounced its earnings, said ...
Handheld device maker Palm saw its stock take a hit after reporting a fiscal loss for its first quarter and issuing a weaker-than-expected forecast that suggests it is struggling to regain ground lost to rivals such as Research In Motion and Apple and as it shifts its focus to lower-cost devices. Pa...
Oracle's first-quarter software sales soared some 35 percent -- the largest year-over-year gain since the dot-com boom -- helping propel it past forecasts and prompting executives to declare that the company is gaining on rivals such as IBM and SAP. Oracle said it earned $840 million, or 16 cents pe...
Shares of Verizon soared in early trading Monday on the heels of a published report suggesting that UK-based Vodafone was mulling whether to offer as much as $160 billion to acquire the U.S. telecommunications giant. Verizon's stock was up nearly 4 percent Monday after reports said Vodafone had held...
Telecommunications giant Verizon posted higher revenue but lower net income for its first quarter Monday, as continued investment in its TV-ready fiber optics network weighed on profits. Still, the results showed Verizon continuing to win customers for its next-generation FiOS service and benefiting...
Dell founder and CEO Michael Dell called on India to lower its taxes on foreign-made computers, saying the fast-growing market could invite more investment by doing so. Dell, whose namesake company is set to open its first Indian PC production plant in the southern city of Chennai later this year, s...
Change is the order of the day in the m-commerce market. New smartphones and other handheld digital devices are hitting the marketplace in a torrent, as media convergence accelerates the drive toward "quad play" devices and network services. The telecom and media industries are undergoing a fundamen...
Motorola said Friday it would cut 3,500 jobs worldwide in coming months after turning in a disappointing profit for the fourth quarter, despite a strong surge in sales of its mobile devices. Sales for the quarter that ended in December were $11.8 billion, an increase of 17 percent over the $10 billi...
Even the current upbeat forecasts for continued strong growth in the Internet advertising sector underestimate its true potential because they fail to account for the impact of Web-based video ads, mobile Web ads and social networking opportunities, Yahoo CEO Terry Semel said Tuesday. Semel said mos...
France-based telecom giant Alcatel said Friday it had reached an agreement to acquire the Universal Mobile Telecommunications wireless access business unit of Nortel in a deal valued at about US$320 million. The deal is aimed at boosting Alcatel's profile in the wireless broadband space, and represe...
Ban
Regulate
Maintain status quo
Undecided
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