News
In Wake of Aereo Decision, CBS Invests in Syncbak
April 23, 2013 10:09 am | by Andrew Berg | CommentsCBS today announced a strategic minority investment in Syncbak, a mobile company that aims to bring live TV to the small screen. Financial details of the investment were not immediately available. Syncbak says it offers broadcast networks a seamless solution to replicate existing national...
Ahead of the Bell: Analysts See iPhone Sales Down
April 23, 2013 9:34 am | by Associated Press | CommentsApple Inc. is set to report fiscal second-quarter results after the market close Tuesday, and analysts expect to see the first quarter ever in which iPhone sales declined. The launch of the first iPhone in 2007 set off a boom in smartphone sales...
RadioShack Misses and Shares Slump
April 23, 2013 9:29 am | by Associated Press | CommentsRadioShack's first-quarter loss widened to $43.3 million as demand for electronics at the beleaguered retailer continues to decline. Even measured against the diminishing expectations of analysts that follow the company, revenue numbers were particularly bad, and shares slumped more than 7 percent before the opening bell...
Cricket Rolls Out New Family, iPhone Plans
April 22, 2013 10:44 am | by Andrew Berg | CommentsPrepaid carrier Cricket today annoucned a new family plan discount, as well as a revamp of plans for the iPhone. As part of the family plan discount, consumers will essentially get $10 off the $50 smartphone plan when they activate 2 lines. The $50 smarpthone plan includes 1GB of data...
Canadian Tire Taps BlackBerry for Smartphone Needs
April 22, 2013 10:30 am | by Andrew Berg | CommentsBlackBerry 10 Smartphones To Be Deployed Across Canadian Tire's Family of Companies. BlackBerry can count Canadian Tire Corporation as the latest enterprise customer to purchase its new Z10 and Q10 BlackBerry 10 smartphones.
LG Display Logs Small Profit in Q1
April 22, 2013 10:14 am | by Youkyung Lee, AP Technology Writer | CommentsSEOUL, South Korea (AP) — South Korean panel giant LG Display Co. said Monday that it logged a small profit in the first three months of the year, reflecting slackening orders from its key client, Apple Inc., during a typically slow period for consumer electronics.
First News Briefs for April 22, 2013
April 22, 2013 10:11 am | by Wireless Week Staff | CommentsShipments of sub-US$250 low-cost smartphones will grow from 259 million in 2013 to 788 million in 2018, according to recent Market Data from market intelligence firm ABI Research. Mid (sub-$400) and high ($400+) cost smartphone shipments are expected to grow from 635 million to 925 million over the same period.
Former Google CEO Shares Vision in Tech Treatise
April 22, 2013 9:59 am | by Michael Liedtke, AP Technology Writer | CommentsSAN FRANCISCO (AP) — Some illuminating books already have been written about Google's catalytic role in a technological upheaval that is redefining the way people work, play, learn, shop and communicate. Until now, though, there hasn't been a book providing an unfiltered look from inside Google's brain trust.
Beleaguered Caregivers Getting Help from Apps
April 22, 2013 9:56 am | by Jim Fitzgerald, Associated Press | CommentsNEW YORK (AP) — As her mother and father edged toward dementia, Nancy D'Auria kept a piece of paper in her wallet listing their medications. It had the dosages, the time of day each should be taken and a check mark when her folks, who live 10 miles away, assured her the pills had been swallowed.
Sprint Forms Special Committee to Review Dish Bid
April 22, 2013 9:50 am | by Ben Munson | CommentsSprint today announced a special committee of independent directors who will evaluate Dish Network’s $25.5 billion proposed merger. The committee will decide if Dish’s proposal is, or “is reasonably likely to lead to,” a superior offer to Softbank’s near $20 billion bid to acquire a 70 percent stake in Sprint.
Petition Urging Verizon to Drop Contracts Nears 100,000 Signatures
April 19, 2013 10:48 am | by Ben Munson | CommentsA petition on Change.org that urges Verizon Wireless to do away with two-year contracts has notched nearly 100,000 signatures in less than two weeks. Mike Beauchamp, Verizon customer and blogger for online tech store Zagg, wrote that he does not anticipate leaving the carrier but that he wants that choice for himself.
First News Briefs for April 19, 2013
April 19, 2013 10:39 am | CommentsLaird Technologies has launched a new series of Bluetooth Smart modules and is showcasing them at DESIGN West, Laird announced today. Laird will feature its BL600 Bluetooth Low Energy (BLE) modules in booth #1042 of DESIGN West, April 23-25, at the San Jose McEnery Convention Center in California...
Google Posts $14B in 1Q Revenue, Struggles with Mobile
April 19, 2013 10:35 am | by Andrew Berg | CommentsGoogle's first quarter revenue was up 31 percent annually to $14 billion, while net income reached $3.9 billion, but the company is still trying to sort out how best to capitalize on mobile. Shares of Google were up nearly 3 percent immediately following Thursday's earnings call. That trend continued...
Microsoft’s 3Q Beats Street, Company Announces Smaller Tablets
April 19, 2013 10:02 am | by Ben Munson | CommentsThe fervor over the PC market going down in flames and how that will affect PC giant Microsoft can settle a bit after the company’s third quarter 2013 beat analyst estimates. The company posted revenue of $20.5 billion on $0.72 EPS, marking an 18 and 20 percent increase annually, respectively. That’s compared to analyst expectations of $20.1 billion on $0.68 EPS.
Blackstone Drops Out of Race to Buy Dell
April 19, 2013 9:23 am | by Associated Press | CommentsBlackstone Group is dropping its effort to acquire the computer maker Dell, citing slumping personal computer sales and Dell's "rapidly eroding financial profile." Blackstone and its partners said in a letter to Dell Inc. that they have ditched a plan to buy most of Dell's outstanding stock...
