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Amazon's Birthday Present: Surprise 2Q Profit

July 24, 2015 9:08 am | by Mae Anderson, AP Tech Writer | Comments

In a call with analysts, new Amazon CFO Brian Olsavsky said the company would continue to look for ways to keep costs in check while at the same time investing in "things that we think are big and important."

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AT&T Shares Up on Strong 2Q Report

July 23, 2015 5:04 pm | by Andrew Berg, Executive Editor, @andrewberg32 | Comments

Shares of AT&T were up in after-hours following a second-quarter earnings report that showed earnings per share of $0.69, up 11 percent annually, on $33 billion in consolidated revenue. 

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Dish Rebukes FCC’s Plan to Withhold $3B in Auction Credits

July 23, 2015 10:58 am | by Ben Munson, @wwbenmunson | Comments

Representatives from Dish and its bidding partners, SNR Wireless and Northstar Wireless, met Wednesday with the FCC’s Wireless Telecommunications Bureau. According to Dish, the FCC said it has circulated a draft order...

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Qualcomm to Cut 15 Percent of Workforce

July 23, 2015 9:29 am | by The Associated Press | Comments

The announcement comes as the wireless technology company reported a massive drop in its third-quarter revenue and profit and gave a weak quarterly outlook.

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FirstNews Briefs: EXIN, Huawei, Sequans, WBA, Cartesian, Nokia

July 23, 2015 9:20 am | by Wireless Week | Comments

EXIN and Huawei Technologies are joining forces for the development of ICT professionals based on the e-Competence Framework (e-CF).

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Report: Apple Watch Snags 75% of Market on Shipment of 4M Units

July 22, 2015 3:14 pm | by Andrew Berg, Executive Editor, @andrewberg32 | Comments

The numbers come after shares of Apple sank on a lack of specifics in the company's recent earnings call around how the Apple Watch performed.

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T-Mobile Announces RCS-Based Messaging Service

July 22, 2015 12:44 pm | by Andrew Berg, Executive Editor, @andrewberg32 | Comments

T-Mobile CTO Neville Ray said the offering was an extension of its Voice-over-LTE (VoLTE) offering. With the new messaging service, users will be able to...

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Study: 59 percent of people watch mobile TV

July 22, 2015 11:33 am | by Ben Munson, @wwbenmunson | Comments

According to Arris’ 2015 Consumer Entertainment Index (CEI), 59 percent of respondents said they watch TV away from home on mobile devices, up from...

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FirstNews Briefs: Nokia Networks, Smartrac, Rhapsody, Qlogic

July 22, 2015 10:35 am | by Wireless Week Staff | Comments

Nokia Networks has partnered with NTT DOCOMO to explore the potential of Nokia Networks' 5G radio technology in the 4.4-4.9 GHz band. In the joint research project, both companies are...

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Yahoo Suffers 2Q Loss as Revenue Growth Eludes Company

July 22, 2015 10:10 am | by Michael Liedtke, AP Technology Writer | Comments

If not for the costs of employee stock compensation and one-time accounting items, Yahoo said it would have earned 16 cents per share. That figure was 2 cents per share below the...

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FCC Outlines Conditions for AT&T-DirecTV Deal

July 22, 2015 9:59 am | by Ben Munson, @wwbenmunson | Comments

Following reports Tuesday that FCC Chairman Tom Wheeler was leaning towards approval of AT&T’s $49 billion merger with DirecTV, the Chairman confirmed his decision and added some color.

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Apple Shares Tank on Earnings Report

July 21, 2015 5:16 pm | by Andrew Berg, Executive Editor, @andrewberg32 | Comments

Shares of Apple were trading at $130 per share as of 4:10 p.m. CT, as Cupertino reported a net quarterly profit of $10.7 billion, or $1.85 per share, on $49.6 billion in revenue.

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Microsoft's Phone Business Weighs on 2Q, Shares Slide

July 21, 2015 4:39 pm | by Andrew Berg, Executive Editor, @andrewberg32 | Comments

The company also saw a charge of $160 million related to its restructuring plan. In all the charges added up to a combined $8.4 billion, or $1.02 per share negative impact. 

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University of Michigan Opens Test "City" for Autonomous Cars

July 21, 2015 11:31 am | by Dee-Ann Durbin, AP Auto Writer | Comments

Automakers and researchers say a new simulated city at the University of Michigan could help speed the development of driverless and connected cars.

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Nokia May Announce Sale of HERE by July 31

July 21, 2015 11:28 am | by Andrew Berg, Executive Editor, @andrewberg32 | Comments

As has been previously reported, BMW, Daimler AG, and Audi are angling to pick up the business. Manager Magazin has reported that Nokia is looking for...

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