Apple: Jailbreaking Could Knock out Transmission Towers

From PC World: Apple has told the U.S. Copyright Office that modifying the iPhone's operating system could crash a mobile phone network's transmission towers or allow people to avoid paying for phone calls.

The claims are Apple's contribution to the Copyright Office's regular review...

Yahoo, Microsoft reach search, ad deal

From CNET News.com: After months of fits and starts, Microsoft and Yahoo on Wednesday announced a 10-year search deal that will see the two companies join forces to take on Google.

"In simple terms, Microsoft will now power Yahoo search while Yahoo will become the exclusive...

Sprint Loses 250K Customers and $384M in Q2

From DailyTech: Sprint has been battling a loss of revenue and subscribers over the last year. The mobile provider was unable to launch its Xohm service for WiMAX in the U.S. in the capacity it had hoped and ultimately decided to collaborate with Clearwire.

Sprint has been looking a...

Verizon adds hotspots to consumer broadband

From InfoWorld: Verizon Communications offered most of its wired broadband customers free access to Wi-Fi hotspots around the U.S. on Monday, supplementing its wireline offerings on the same day it announced a 5.2 percent drop in revenue from that business.

Subscribers to most...

Sale of Google's stake values AOL at $5.7 billion

From CNET News.com: The end result of Google's $1 billion investment in AOL in 2006? 28 cents on the dollar.

Time Warner, which is in the process of spinning out AOL as a separate company once again, confirmed that Google sold its 5 percent stake in AOL for $283 million on July 8...

AT&T Facing Prospect of Losing iPhone Exclusivity

From DailyTech: No one can deny the business sense that AT&T used when it locked up the iPhone from Apple as an exclusive back in 2007 when the phone first debuted. The iPhone has helped AT&T grow significantly since it debuted.

According to AT&T CEO Randall Stephenson, the...

Globalfoundries Initiates Building of Fab 2 in New York

From X-bit Labs: Globalfoundries, a joint venture between Advanced Micro Devices and Advanced Technology Investment Company, has announced that it officially broke ground on the construction of Fab 2, a new semiconductor manufacturing facility located at the Luther Forest Technology...

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