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...

AT&T Blocks 4chan, Stirs Internet Hornet's Nest

From PC World: High on the list of Things Not To Do on the World Wide Web is "hack off 4chan," the anonymous Internet message board community that blurs the line between a low-filtered Internet sounding board and launching pad for hijinks, Rickrolls, and full-scale protests. If you...

Verizon profits decline as revenue rises

From CNET News.com: Verizon Communications' profits declined 7 percent year over year, even though the company added more subscribers and increased revenue.

The company's second-quarter results, released Monday, were in line with analyst predictions.

Verizon said Monday it earned...

Microsoft, Yahoo Square Off Again

From DailyTech: Yahoo and Microsoft have had a very tumultuous relationship. Microsoft wanted to buy Yahoo but it and Yahoo were unable to come to an agreement that would merge the two companies. Microsoft ultimately tried a hostile takeover of the company that failed and the end...

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