Qwest chief executive Ed Mueller said there are more opportunities for acquisitions now because stock prices have dropped through the recession. Qwest might buy other companies or sell its own businesses as the number of phone carriers contracts, said ...
NEW YORK - Google Inc. chief executive Eric Schmidt is resigning from Apple Inc.’s board, amid intensifying rivalry between the two companies and concern that sharing directors may hurt competition. Schmidt’s effectiveness as a director will be ...
SAN FRANCISCO - Aiming to broaden the appeal of its Kindle electronic reader, Amazon.com Inc. yesterday unveiled a model whose screen is 2 1/2 times bigger than the current version and is designed for newspapers and textbooks. Customers can preorder ...
NEW YORK - Verizon Wireless has held talks with Microsoft Corp. about offering a phone that may include Microsoft's Zune music-player software, a person familiar with the matter said. The phone may be introduced next year, said the person, who declined ...
AT&T Inc, the largest phone company in the United States, is to cut 12,000 jobs and reduce spending next year. The reductions amount to about 4 percent of the workforce, and will lead to US$600 million in severance expenses this quarter, AT&T said ...
iPhone, which AT&T offers exclusively in the U.S. Verizon Wireless, the second-largest U.S. wireless carrier, reported long lines and sellouts for the new BlackBerry Storm smartphone, which went on sale Friday. Some East Coast stores drew lines of as ...
NORTEL Networks Corp, North America's largest maker of telephone equipment, posted its biggest net loss in seven years and announced plans to cut 1,300 jobs yesterday after customers scaled back budgets. The third-quarter net loss amounted to US$3.4 ...
ORLANDO, Fla. — Microsoft chief executive Steve Ballmer said Thursday a deal with Yahoo may still make economic sense for shareholders of both companies, pushing Yahoo stock up 11 percent. While there may be "continuing opportunities" to pursue a ...
Qwest Communications International Inc. may pay off more debt instead of refinancing it because of "shaky" credit markets, chief executive Edward Mueller said Wednesday. "The markets today will make us have to evaluate any debt," Mueller said at a ...
Microsoft Corp. Chief Executive Officer Steve Ballmer says he plans to spend hundreds of millions of dollars to fix the company's unprofitable Internet business. His investors say they want proof he knows what to do with the money. After ...
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