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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.
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.
Vodafone to focus on cost control after revenue cut
(Reuters)
Reuters - Mobile phone group Vodafone cut its full-year revenue outlook for the second time in four months on Tuesday but said it would maintain profits and boost free cash flow by cutting 1 billion pounds ($1.6 billion) of costs.
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. 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.
Thai True Move in deal with Apple to sell 3G iPhone
(Reuters)
Reuters - Thailand's third largest mobile phone firm, True Move, a subsidiary of True Corp, said on Thursday it had signed a deal with Apple Inc to sell the 3G iPhone in Thailand. 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.
Nokia sees cellphone, gear market falling in 2009
(Reuters)
Reuters - Top handset maker Nokia Oyj said on Friday the world's mobile phone market would fall in the fourth quarter and next year as an economic slowdown crimps consumer demand around the world.
Vodafone net profit drops 35 percent, plans cost cuts
(AFP)
AFP - British mobile phone giant Vodafone posted a 35-percent slump in first-half net profit on Tuesday and booked a hefty loss on the value of its Turkish business.
Apple's iPhone 3G Now Most Popular Mobile Phone
(NewsFactor)
NewsFactor - Apple's iPhone 3G can add another trophy to its crowded shelf. On Monday, The NPD Group reported that the popular smartphone surpassed the Motorola RAZR in the third quarter as "the leading handset purchased by adult consumers in the U.S." 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.
China picks up 3G pace, Mobile completes gear deals
(Reuters)
Reuters - China took another step toward its long-cherished goal of operating high-speed telecoms services, with China Mobile (0941.HK) dishing out over $4 billion of deals and smaller rival Unicom (0762.HK) hoping to win a 3G license soon. |