Chinese tech giant Huawei on Monday criticized U.S. claims the company might be a security risk as trade protectionism that harms consumers. The comments came as Huawei Technologies Ltd., a maker of network switching gear and smartphones, disclosed details of its 2012 performance...
Xerox today announced that Luca Maestri, executive vice president and chief financial officer, is leaving the company, effective February 28, to assume the role of corporate controller at Apple. Maestri will replace Betsy Rafael who left Apple in October...
Verizon could own all of its Wireless business soon, if CEO Lowell McAdam has anything to say about it. McAdam told the Wall Street Journal Monday that Verizon is strong enough to buy Vodafone out of its stake in Verizon Wireless. Verizon entered into a joint venture with Vodafone...
Global telecom operator revenues exceeded $2 trillion in 2012, with 60 percent going to mobile operators, according to research firm Ovum. While Ovum seem minimal growth overall in the coming year, the firm believes some segments will still have above-average growth...
While BlackBerry-maker Research In Motion claws for a diminishing market share in North America, the smartphone maker maintains a reputation in Southeast Asia that in some places harkens back to its glory days. It's sometimes hard to remember that RIM was once the darling of the tech industry...
Huawei Monday announced a move to set up shop on Nokia's home turf. The Chinese company says it will invest $90 million over a five-year period to establish a research and development (R&D) center in Helsinki, Finland. Huawei said the move will add to its existing R&D deployments, which include over 70,000 employees worldwide.
Apple shares continued to slide for a second day before the opening bell, a day after the company posted its worst one-day stock drop in four years. On Wednesday, the Cupertino, Calif.-based company's shares closed down 6 percent at $538.79, erasing $35 million in market capitalization. Speculation abounded as to the cause.
Going it alone against a long, winding wireless bill can be scary and confusing. It’s an affliction AT&T will look to alleviate as it rolls out “video bills,” personalized online videos explaining account statements with soothing voiceover, graphics and music.
Nokia Corp. plans to sell its head office near the Finnish capital to real estate investors for $220 million as the struggling cellphone maker continues to cut costs. CFO Timo Ihamuotila says the deal, to be concluded later this month, is in line with aims to shed non-core activities, adding that Nokia will continue to operate from the Espoo headquarters "on a long-term basis."
Companies in today's news briefs: ZTE, Apple, Cisco, Zapstreak, RIM
Companies in today's news: Apple, ABI Research, Amazon.com, Centri Technology, Gemalto.
Companies in today's news briefs: NFC Forum, Qualcomm, Spirent Communications, Ruckus Wireless, Cincinnati Bell, Verizon Wireless
HP now has a legal headache to compound its misery as the company tries to recover from a series of setbacks that have hammered its stock price and raised doubts about its future.
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.