Facebook's stock is climbing after an upgrade from an analyst who believes Wall Street is underestimating the company's potential to grow revenue.
Google has not acquired Wi-Fi hotspot provider ICOA for $400 million, according to statements from both companies.
Makers and sellers of consumer-electronics devices have begun releasing their earnings reports for the latest quarter.
Google today announced its acquisition of ICOA Inc. a provider of Wi-Fi to high traffic public locations. Google paid $400 million for the company, according to a press release.
Companies in today's news briefs: Sprint, NISLAPP, Canon U.S.A, Assurance Wireless
Online holiday sales appear to be off to a strong start, with Cyber Monday promotions expected to give many kinds of retailers a significant boost over the next couple days, analysts said.
Shares of RIM jumped nearly 14 percent Friday as investors seemingly grew more optimistic about a February launch of the Canadian company's much-delayed BlackBerry 10 smartphones.
Hewlett-Packard Co. said that a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business.
Companies in today's news briefs: Juniper, Amazon, Wirefly, Wahoo Fitness.
Best Buy Co. says it recorded a loss in the third quarter, hurt by a continued sales slump and charges related to its restructuring plan. Shares fell 6 percent in premarket trading.
Companies in today's briefs: PayAnywhere, Transit Wireless, Gemalto
HP's fourth-quarter earnings could be bleak as the market shifts towards smartphones and tablets.
Cisco Systems said Sunday it is buying Meraki for $1.2 billion to expand its ability to let customers compute in the cloud.
Verizon Wireless announced another sale of its B-block licenses.
Chip maker Intel today announced that the company’s president and CEO, Paul Otellini, will step down in May.
Shares of Ruckus Wireless Inc. are falling in their first hours of trading after raising $126 million in an initial public offering of stock.
Google and Dish Network have reportedly been in talks recently about teaming up on a wireless service.
Categories: AT&T, Sprint, Verizon Wireless, Virgin Mobile USA, Vringo, ZTE
Dell financial performance deteriorated along with the rest of the personal computer industry in the third quarter.
Companies in today's news briefs: Telefonica Digital, Straight Talk Wireless, Crittercism, Verizon Wireless, Comcast, Voxbone
Chipmaker Texas Instruments Inc. said Wednesday that it will eliminate about 1,700 jobs as it trims spending in its wireless business.
Jerry Elliott has been appointed president and chief operating officer of Leap Wireless International.
Verizon said Wednesday that it has agreed to sell a portion of its 700 MHz B Block spectrum to Nortex Communications, an independent telephone company based in Muenster, TX.
Zynga's finance chief is leaving the troubled online game company to join Facebook.