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Dow Slips 6 Ahead of Earnings Reports
 Dow Slips 6 Ahead 
 of Earnings Reports 
MARKETS

Dow Slips 6 Ahead of Earnings Reports

Telecoms fall after FCC OKs internet calls on smartphones

(Newser) - Stocks ended mixed as traders await the beginning of the third-quarter earnings season, which kicks off with Alcoa’s report later today. Telecoms fell after the FCC chair said he would allow Internet-based phone calls on smartphones. AT&T was down 3.6%, while Verizon fell 2.7%. Amid light...

Google, Verizon Team Up on Smartphones

Move to Android seen as real challenge to iPhone, BlackBerry

(Newser) - Google and Verizon will partner on a line of smartphones and software running the search giant’s Android OS and served by the carrier. Verizon is the largest-yet wireless network to back Google, and the announcement could complicate what was once a simple smartphone rivalry between Apple and BlackBerry, BusinessWeek...

Great Network Won't Make Up for Boring Phones
Great Network Won't Make Up for Boring Phones
Analysis

Great Network Won't Make Up for Boring Phones

Verizon has reach, but is way behind on sexy smartphones

(Newser) - Verizon’s network may be the envy of its peers, but its smart phones definitely aren’t, writes Priya Ganapati. Caught off guard by the iPhone phenomenon, the carrier has taken a very cautious approach to new devices, subjecting them to a long testing process. As a result, while its...

Pearl Jam Via Target? It's a Brave New World

'The Fixer' is their best song in years, however you come by it

(Newser) - Pearl Jam has been proudly iconoclastic for years—releasing records on vinyl, eschewing music videos, “bootlegging” concerts, and fighting Ticketmaster—but they’re getting old. So it surprises Jonah Weiner that The Fixer, the single from the band’s new album Backspacer, is “by far the most exciting...

With Job Openings, Employers All a-Twitter

Social-networking site gives companies a cheap medium to find the techno-savvy

(Newser) - For some firms, Twitter is playing the role of headhunter: companies like Verizon and Microsoft are posting openings on the social-networking site, the Wall Street Journal reports. Job boards have “become saturated,” says a Newell Rubbermaid VP. “With Twitter, we don't have to go through that huge...

As Telecoms Hype 4G, Recall How Long 3G Was in Coming

(Newser) - 3G landed in the US in 2003. But it wasn’t until the iPhone came around five years later that “consumers finally had a device that showed them the power of mobile broadband networks,” Stephanie N. Mehta writes in Fortune. In fact, "a few executives at US...

Rally Pauses; Dow Adds 15
 Rally Pauses; Dow Adds 15 
MARKETS

Rally Pauses; Dow Adds 15

Verizon earnings disappoint, but Commerce reports jump in June home sales

(Newser) - Stocks fluctuated today after two weeks of solid gains, the Wall Street Journal reports. Data from the Commerce Department showing an 11% rise in sales of single-family homes in June boosted homebuilders. Verizon fell 2% after posting a 7% decline in earnings. The Dow ended up 15.27 at 9,...

Hello, Senators? Greedy Cell Phone Biz Needs Attention

(Newser) - It's nice to see Congress looking out for the cell phone customer with hearings on carrier exclusivity, but there's plenty of dubious practices in the business they should look into before they worry about getting us all Verizon iPhones, David Pogue writes in the New York Times. 
  • Texting fees.
...

You Don't Need a Smartphone
You Don't Need a Smartphone
Tech Review

You Don't Need a Smartphone

iPhones et al might have more than you need; here are some cheaper alternatives

(Newser) - Smartphones may be the future, but you may not need one just now, writes Marguerite Reardon of CNET. The iPhone and its pricey brethren probably have more features than the average user needs. Here are some cheaper feature phones that might meet your needs. Prices are for a 2-year contract:...

Justice Dept. to Launch Antitrust Review of Telecoms

(Newser) - The Obama administration is looking into the country’s top telecom companies, including AT&T and Verizon, to determine whether they’ve abused their market power with anti-competitive actions, sources tell the Wall Street Journal. The Justice Department is concerned that, among other things, the big players are locking out...

A WiFi Hotspot in Your Pocket
 A WiFi Hotspot in Your Pocket 
TECH REVIEW

A WiFi Hotspot in Your Pocket

(Newser) - Verizon’s newest wireless gadget, the MiFi—a portable WiFi hotspot—has a big fan in David Pogue of the New York Times. The MiFi is a combination of a cellular modem without the “nasty little antenna protuberance” and a wireless router. Anywhere on Verizon’s 3G network, one...

Curve Grabs Top Spot as Best-Selling Smartphone

BlackBerry zooms past iPhone with giveaways

(Newser) - The Blackberry Curve has overtaken the iPhone to become America's best-selling smartphone, Ars Technica reports. First-quarter figures from research firm NPD reveal that the iPhone fell into second place for the first time since the iPhone 3G was launched last summer, according to first-quarter figures from research firm NRD. BlackBerry...

Microsoft, Verizon Look to Launch iPhone Competitor

(Newser) - Microsoft and Verizon are in talks to launch a smartphone on the carrier’s network early next year, the Wall Street Journal reports. The phone would likely run on a souped-up version of Microsoft’s Windows Mobile operating system, and have access to Windows Marketplace, its version of Apple’s...

Verizon May Get iPhone in 2010

Deal could come through when AT&T's exclusive rights expire next year

(Newser) - Apple is in talks about developing an iPhone for Verizon’s wireless network—with possible deployment next year, USA Today reports. Currently, the iPhone is only available on AT&T’s GSM network, which is incompatible with Verizon’s CDMA operation. AT&T has exclusive US rights to the iPhone...

Cell Networks Pass Test
 Cell Networks Pass Test 

Cell Networks Pass Test

Handled massive inauguration volume

(Newser) - The Washington DC networks of the major cellphone carriers held up under massive pressure yesterday, handling millions of additional texts and emails without crashing, reports USA Today. There were some delays but AT&T, Verizon and Sprint handled up to three times their normal volume as thousands of spectators at...

DC Cell Phone Calls: Maybe We Can
DC Cell Phone Calls:
Maybe
We Can

DC Cell Phone Calls: Maybe We Can

Inauguration throngs threaten to overwhelm networks

(Newser) - Throngs of people at the inauguration threaten to overwhelm the cell phone system with a massive number of calls, texts, tweets and emails, reports the New York Times. Major cell phone companies are scrambling to upgrade and add capacity, but no one knows how the system will respond to the...

Dow Dips 81 on Autos, Building
Dow Dips 81 on Autos, Building 
MARKETS

Dow Dips 81 on Autos, Building

Several wireless and financial firms fall after downgrades

(Newser) - Stocks fell today as the markets digested poor, but better-than-forecast, reports in auto sales and construction spending, the Wall Street Journal reports. Though the Dow rose to an 8-week high Friday, it fell 81.80 today to close at 8,952.89. The Nasdaq lost 4.18, closing at 1,...

Verizon Staffers Breached Obama Cell Phone Records

Company probing extent of data breach after snooping uncovered

(Newser) - Verizon has suspended all employees who accessed Barack Obama's personal cell phone records after learning that some workers snooped into the account without authorization, the Washington Post reports. Company executives, who didn't specify what kind of information had been viewed, apologized to the president-elect. Verizon is investigating and has notified...

Microsoft Likely to Provide Verizon Search

Software giant outbids Google as competition goes mobile

(Newser) - Insiders say Verizon Wireless is likely to pick Microsoft as the default search provider for its mobile phones, the Wall Street Journal reports today. Verizon had also been in talks with Google to provide the service, but Microsoft’s guarantee of about $600 million in annual ad revenue—about twice...

Football Goes Mobile on Sprint Phones Tonight

NFL games head to tiny screen

(Newser) - Sprint is about to score big with football fans with the first-ever live broadcast of an NFL game on mobile phones. The debut phone-cast will be tonight's Cleveland Browns showdown with the Denver Broncos. Eight more games from the NFL television network will be available over 7 weeks as part...

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