Economy
China's Huawei Criticizes US Security Complaints
January 21, 2013 9:50 am | by Joe McDonald, AP Business Writer | News | CommentsChinese 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...
Report: 2012 Global Telecom Revenues Hit $2T
January 3, 2013 10:16 am | by Andrew Berg | News | CommentsGlobal 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...
RIM Turns to Complex Market in Southeast Asia to Grow Subscribers
January 2, 2013 10:40 am | by David Friend, The Canadian Press | News | CommentsWhile 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 Will Open R&D Center in Finland
December 10, 2012 4:14 pm | by Andrew Berg | News | CommentsHuawei 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.
Ahead of the Bell: Apple
December 6, 2012 9:42 am | by Associated Press | News | CommentsApple 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.
Struggling Nokia Sells Headquarters Building
December 4, 2012 12:24 pm | by Associated Press | News | CommentsNokia 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."
Ericsson to Lay Off Some North America Employees
March 8, 2012 6:50 am | by Maisie Ramsay | News | CommentsThe layoffs will hit "less than 10 percent" of its employees across all its groups, a spokeswoman said, but did not confirm reports...
NSN to Terminate 17,000 Employees by 2013
November 23, 2011 6:05 am | by Andrew Berg | News | CommentsNokia Siemens Networks today announced it will lay off 17,000 workers in a major strategy shift...
Good News From the Ghost of Mobile Christmas Future
November 22, 2011 10:07 am | by Chris Sellers, Mobeam | Articles | CommentsAs Black Friday and Cyber Monday approach, there is a lot of hype about the role mobile will play in this year's holiday shopping.
Trouble for FiberTower: Layoffs, Missed Payment, Resignations
November 17, 2011 7:10 am | by Maisie Ramsay | News | CommentsWireless backhaul provider FiberTower laid off 40 percent of its staff and halted all capital spending yesterday...
Report: Faulty Android Phones Cost Carriers $2 Billion Annually
November 4, 2011 8:18 am | by Andrew Berg | News | CommentsThe return and repair of Android smartphone devices is costing mobile operators as much as $2 billion per year...
CWA, OWS to March on T-Mobile Store
November 4, 2011 8:15 am | by Andrew Berg | News | CommentsThe Communications Workers of America today issued a statement saying that "hundreds" of Occupy Wall Street (OWS) protesters would march from New York City to a nearby T-Mobile store to protest...
Verizon Unions Call for iPhone Upgrade Boycott
October 4, 2011 8:01 am | by Maisie Ramsay | News | CommentsApple hasn't even come out with its new iPhone yet and already some are calling for a boycott on the device.
Nokia Axes 3,500 Jobs, Closes Romania Factory
September 29, 2011 8:00 am | by Maisie Ramsay | News | CommentsNokia said today it would lay off 3,500 more employees by closing a factory in Romania...
In Troubled Times, Michigan Considers Mobile
September 25, 2011 9:09 pm | by Maisie Ramsay | Articles | CommentsMichigan needs ways to create jobs and spur economic growth. The newly formed Mobile Technology Association of Michigan (MTAM) believes it can turn the state into a magnet for wireless companies...
Moto Solutions Thrives During Hard Times
September 9, 2011 8:09 am | by Andrew Berg | News | CommentsCould it be that Motorola Solutions is actually benefitting from the dismal macroeconomic environment?
Report: Media Tablets, Weak Economy Slow PC Sales
September 8, 2011 8:13 am | by Andrew Berg | News | CommentsResearch firm Gartner today downgraded its forecast for the PC market in 2011 and 2012...
Cisco To Cut Costs, Jobs as Profits Stall
May 12, 2011 8:15 am | by Peter Svensson, AP Technology Writer | News | CommentsCisco Systems said Wednesday that it's set to eliminate thousands of jobs as part of cost-cutting moves to get profits growing again.
Nokia Axes 4,000 Jobs, Sends Symbian to Accenture
April 27, 2011 8:29 am | by Maisie Ramsay | News | CommentsNokia said today it plans to lay off workers and transfer its Symbian business to a management consulting firm...
Sprint: Higher Prices Coming?
January 5, 2011 7:19 am | by Maisie Ramsay | News | CommentsSprint CEO Dan Hesse said at an investor conference yesterday that the company would likely raise prices for some of its services in the future.
Yahoo Preparing to Lay off 600 to 700 Workers
December 14, 2010 7:15 am | by Michael Liedtke, AP Technology Writer | News | CommentsYahoo's holiday trimmings will include 600 to 700 layoffs in the Internet company's latest shake-up triggered by lackluster growth.
Friend or Foe? Google, Indie Book Sellers Team Up
December 7, 2010 7:09 am | by Michael Liedtke, AP Technology Writer | News | CommentsStruggling neighborhood book stores now have a new way to ring up sales, courtesy of a formidable new rival — Google.
Upfront - Getting Over the Great Recession
September 25, 2010 8:13 pm | by Monica Alleven, Editor-in-Chief | Articles | CommentsThe wireless bug has bitten, and it’s not going anywhere. How else do you explain millions of people shelling out, at a minimum, $500 for an iPad when we’ve been suffering one of the worst economic slumps ever?
Sierra Wireless to Cut 60 Jobs in Reorganization
September 24, 2010 8:09 am | by The Associated Press | News | CommentsCanadian wireless modem maker Sierra Wireless said Thursday it is cutting 60 jobs, about 6 percent of its work force, saving about $1 million per quarter.
Mobile Data: Tiered Pricing Is Only One Solution
September 21, 2010 7:31 pm | by Noam Green, Mobixell | Articles | CommentsJust a few short years ago, when most operators talked about their mobile data business, it was a bit of a misleading conversation. What they were really referring to was their SMS business. The mobile Internet or mobile broadband portion of these organizations was dwarfed by the SMS portion...
