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
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.
Companies in today's briefs: Solavei, TelecomHUB, Visuallead, Allot Communications, Abukai, Visa
Microsoft Corp. said Monday that Steven Sinofsky, the president of its Windows and Windows Live operations, is leaving the company.
Verizon Wireless on Monday announced that its board has approved a $8.5 billion payout to its owners, Verizon communications and Vodafone
Companies in today's briefs include: GSMA, Page Plus Cellular, Ofcom, Syniverse, SmarTone.
Verizon Communications CFO Fran Shammo told analysts yesterday that the company is accelerating the deployment of its LTE network, which already has a wide lead over AT&T’s LTE coverage.
Companies in today's briefs include: Verizon Wireless, AT&T, Aegis Mobility, ZoomSafer, HTC, Nokia, Samsung.
Nvidia Corp.'s third-quarter earnings climbed 17 percent as the rapidly growing smartphone and tablet computer markets fueled demand for its graphic processing chips.
Moody's lowers its rating on Sony due to weaker demand for the company's electronics.
Swedish wireless equipment maker LM Ericsson says it is slashing 1,550 jobs in Sweden in a bid to lower its costs, with the bulk of the reductions being made within the company's key networks unit.
Qualcomm Inc.'s net income surged 20 percent in its fiscal fourth quarter, as the company's mobile phone shipments increased, driving revenue higher.
Sterne Agee analyst Vijay Rakesh expects that Qualcomm Inc.'s fiscal fourth-quarter results will meet Wall Street's expectations, but he warned that shares may be volatile immediately after the mobile phone chip company reports.