Wednesday, July 23, 2014
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Comcast Corp. reported solid second-quarter earnings with revenues climbing 3.5 percent and profits jumping 14.8 percent. The company also lost 144,000 TV subscribers - an improvement over the 162,000 lost a year ago - and gained 203,000 high-speed Internet customers.
Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers. There's a twist, though: To earn points for every dollar spent, subscribers must consent to have their movements tracked so the company can help target ads that match their interests.
The Street: As Apple transitions into a product refresh cycle later in the year, with the next iPhone, iPad and potentially an entry into the wearable technology market, gross margins are going to be a concern.
The Street: Amazon's goal, it increasingly appears, is to increase loyalty among its customers, making the company an increasingly sticky player in the e-commerce market.
The Street: Simply put, unless Nintendo wants to be indefinitely pigeonholed as the console maker that's always coming in at no. 3 behind giants Sony and Microsoft, it needs to scrap its hardware business.
Verizon is reporting that its second-quarter earnings nearly doubled after securing full ownership of Verizon Wireless.
Verizon is boosting the upload speeds of nearly all its FiOS connections to match the download speeds, vastly shortening the time it takes for subscribers to send videos and back up their files online.
Smart consumers know that when a sales pitch involves convoluted math, chances are it's not a good deal. That alone is a warning sign against the early-upgrade plans being sold by the four major mobile-phone carriers.
NEW YORK (AP) - What I find fascinating about Amazon's Fire phone isn't the gizmos such as the 3-D imagery or the camera scanner that helps you get more information about products.
NEW YORK (AP) - Cyber thieves got into more than 1,000 StubHub customers' accounts and fraudulently bought tickets for events through the online ticket reseller, a law enforcement official and the company said Tuesday.
NEW YORK (AP) - What I find fascinating about Amazon's Fire phone isn't the gizmos such as the 3-D imagery or the camera scanner that helps you get more information about products.
REDMOND, Wash. (AP) - Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units - Nokia phones and Bing search - would become profitable in 2016.
SAN FRANCISCO (AP) - Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.
NEW YORK (AP) - LinkedIn Corp. is spending $175 million to buy Bizo, a provider of advertising technology and measurement services aimed at professionals.
WASHINGTON (AP) - The Environmental Protection Agency's fight to clean up water pollution got a splash of pop culture Tuesday, thanks to an Internet flub involving reality TV star Kim Kardashian.
NEW YORK (AP) - Target is introducing an app that lets users purchase items after scanning magazine ads with their smartphones. It's the latest offering from retailers looking to boost sales with the use of improving image-recognition technology.