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Wall Street sells off as consumers snap wallets shut
(Reuters)
Reuters - U.S. stocks fell on Friday after a record drop in retail sales last month heightened fears that American consumers' reluctance to spend will push the economy into an even deeper downturn than currently expected.
Microsoft nears search deal with Verizon: report
(Reuters)
Reuters - Microsoft Corp is moving closer to an agreement with Verizon Wireless to become the default search provider on the wireless carrier's cell phones, the Wall Street Journal said, citing people familiar with the discussions.
Japan's DoCoMo eyes 'Google phone' launch next year
(AFP)
AFP - Japan's top carrier NTT DoCoMo Inc. aims to launch next year a cellphone developed with Internet search giant Google, an official said Wednesday, a move that could counter Apple's iconic iPhone.
Appeal threatens Telenor's Russian stake
(AP)
AP - A Siberian appeal court is scheduled Tuesday to consider a ruling that could lead to the temporary seizure of Norwegian Telenor's ownership in Vimpelcom, Russia's second largest mobile phone company. Vodafone's 1H profit falls; cost cuts boost shares
(AP)
AP - Vodafone Group PLC, the world's biggest mobile phone company by sales, said Tuesday its net profit fell 35 percent during the first half of the financial year. But shares rallied as the company announced 1 billion pounds ($1.56 billion) in cost cuts and stuck to its full-year profit forecast despite the global economic downturn.
Irish the heaviest users of mobile phones: Ofcom
(Reuters)
Reuters - Residents in the Republic of Ireland spent the most time on their mobile phones and sent the most text messages per head in the world in 2007, according to a report which examines changes in the communications industry. Cellphone industry eyes charger power savings
(Reuters)
Reuters - The world's top five cellphone makers launched on Wednesday a common energy rating system for chargers, making it easier for consumers to compare and choose the ones consuming the least energy, Nokia said.
Vodafone net profit drops 35%, plans cost cuts
(AFP)
AFP - British mobile phone company Vodafone said on Tuesday that its net profit had slumped 35 percent in the first half of its financial year as it booked a hefty loss on the value of its Turkish business.
Cisco unveils new edge router
(Reuters)
Reuters - Cisco Systems Inc launched a new edge router aimed at improving Web speeds as more consumers download movies online and access the Internet with mobile phones.
Microsoft near deal with Verizon for cellphone search
(AFP)
AFP - Microsoft Corp. is close to a deal with Verizon Wireless to become the default search provider on the wireless carrier's cellphones, The Wall Street Journal reported on Wednesday.
AT&T Introduces Touch-Sensitive HTC Fuze Handset
(NewsFactor)
NewsFactor - AT&T Wireless Services has fired up a new 3G smartphone from HTC that combines a slide-out QWERTY-style keypad with a 2.8-inch touch-sensitive screen and intuitive one-touch access to selected functions. The HTC Fuze will let users navigate from one place to the next by touching, holding and sliding screen tabs. |