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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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CEO of Japan's Toshiba Resigns over Doctored Books

July 21, 2015 10:43 am | by Yuri Kageyama, AP Business Writer | Comments

Toshiba's CEO and eight other executives resigned Tuesday to take responsibility for doctored books that inflated profits at the Japanese technology manufacturer by...

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FirstNews Briefs: Mobeam, NEC, NetCracker, AT&T. Anatole, UTelcom

July 21, 2015 10:40 am | by Wireless Week Staff | Comments

Mobeam today announced it has appointed George Garrick as the company’s president and CEO. The company also has tapped Joseph Battoe as executive vice president of retail and consumer solutions.

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As Un-Carrier Lurks, Verizon 2Q Churn Hits Three-Year Low

July 21, 2015 10:32 am | by Andrew Berg, Executive Editor, @andrewberg32 | Comments

In the second quarter, Verizon managed a 0.9 percent churn rate, down sequentially and annually, marking the carrier's lowest...

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Report: FCC Sets Date for 2016 Incentive Auction

July 20, 2015 10:50 am | by Ben Munson, @wwbenmunson | Comments

As Broadcast Law Blog points out, within the FCC’s list of items currently being circulated among the Commission is an item setting March 29, 2016 as the...

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Shares of PayPal Rise on 1st Day of Trading

July 20, 2015 10:45 am | by The Associated Press | Comments

PayPal processed $235 billion in total payment volume last year and logged revenue of about $8 billion. It plans to grow market share in mobile and...

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Huawei Smartphone Shipments, Revenue Continue to Grow

July 20, 2015 10:29 am | by Andrew Berg, Executive Editor, @andrewberg32 | Comments

Huawei missed its 2014 target of 80 million smartphone shipments by 5 million but things appear to be picking up. The company on Monday reported a...

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Google Shareholders Revel in Record 1-Day Windfall of $65.1B

July 20, 2015 9:46 am | by Michael Liedtke, Marley Jay, AP Business Writers | Comments

Google's stock roared out of a long slumber Friday to produce the biggest shareholder windfall in U.S. history as investors rewarded the Internet company fo...

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FirstNews Briefs: MetroPCS, FIME, KT, Juniper Research, Nokia Networks,

July 20, 2015 9:38 am | by Wireless Week Staff | Comments

Customers who activate a new line with MetroPCS on a $40 or higher monthly rate plan will get an extra 1GB of LTE data on top of their existing high-speed data bucket for...

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T-Mobile Agrees to $17.5M Payment over 911 Outages

July 17, 2015 10:59 am | by Andrew Berg, Executive Editor, @andrewberg32 | Comments

As part of the settlement, T-Mobile has also agreed to strengthen its 911 service procedures and to adopt measures to ensure it doesn't happen again. 

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