Tuesday, July 22, 2014
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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.
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.
PhillyDeals: Comcast Cable's operations chief David N. Watson posted a memo, reproduced here by Consumer Reports' Consumerist site here, admitting the company is "embarrassed by the tone of the call and the lack of sensitivity to the customer’s desire to discontinue service."
Why leave home, when some of the best movie nights-out of the season could be happening in your own backyard?
NEW YORK (AP) - Facebook is testing a "Buy" button in its latest effort to help businesses boost their sales through the world's biggest online social network.
Hewlett-Packard CEO Meg Whitman is assuming the title of chairman after the departure of interim chairman, Ralph Whitworth, who resigned to deal with health issues.
Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April.
PHILADELPHIA (AP) - Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
NEW YORK (AP) - Yahoo is buying Flurry Inc., a startup that helps other programmers build better mobile applications and craft marketing campaigns for smartphones and tablets.
SAN FRANCISCO (AP) - Netflix's second-quarter earnings more than doubled as new episodes from a hit series helped the Internet video service surpass 50 million worldwide subscribers for the first time.
REDMOND, Wash. (AP) - Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food - or "food concepts," he says, for people on the go. Among them: dried noodles that come wrapped around a pair of chopsticks; a tubular meal that can be pulled with two fingers from a car cup holder base; and a fork that squeezes out sauce.
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.
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.
NEW YORK (AP) - 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.
WHITE PLAINS, N.Y. (AP) - Experts say the case of a mother accused of poisoning her 5-year-old son to death with salt appears be an example of how social media feeds into Munchausen by proxy, a disorder in which caretakers purposely harm children and then bask in the attention and sympathy.