Where did Motorola’s mobile handset market share go? Try Nokia, which announced Jan. 24 that it grabbed 40 percent of global cell phone sales in the fourth quarter. That was just the start of the good news for Finland-based Nokia. Profit at the world’s No. 1 handset maker soared 44 percent to $2.6 billion and […]
It didn’t take long for the telecommunications immunity issue to fire up again on Capitol Hill. Just one day after the Senate returned to work after a long holiday break, the White House trotted out Vice President Dick Cheney Jan. 23 to press lawmakers to give the nation’s largest telecommunications providers a pass for their […]
U.S. Rep. Betty McCollum is questioning a Government Accountability Office report that claims federal agencies reselling cleaned magnetic tapes pose no privacy or national security risks. The GAO report, issued in September, concluded that “based on the limited scope of work we performed, we conclude that the selling of used magnetic tapes by the government […]
Another sharp decline in mobile handset sales resulted in an 84 percent decline in fourth quarter net income for Motorola. And that wasn’t even the bad news. In a Jan. 23 conference call, new Motorola CEO Greg Brown warned, “Our recovery in mobile devices will take longer than expected.” He predicted further declines in handset […]
By all accounts, the Federal Communications Commission’s 700MHz spectrum auction, which begins Jan. 24, will be historic. The greater question, though, is whether the winner do anything historic with the airwaves once it has spent billions to obtain it. The hubbub over history isn’t hype. For starters, the auction is expected to break FCC auction […]
Despite an emergency interest rate cut by the Federal Reserve Board, technology, telecom and chip maker stocks stumbled badly coming out of the gate Jan. 22. In mid-morning trading, Google was down more than $20 per share in a 3.3 percent slide to $579.44 a share. Microsoft fell almost 3 percent to $32 a share, […]
Behind all the glitz and glamour of the 2008 Consumer Electronics Show in Las Vegas, a political agenda is emerging for the Consumer Electronics Association. Apparently, it begins with global trade issues. After CEA President and CEO Gary Shapiro hosted U.S. Trade Representative Susan Schwab in a question-and-answer session Jan. 7, the CEA issued a […]
Was it panic or predictable? Or is the continuing unpredictability of the U.S. economy creating panic in the market, especially in the technology sector? Those were the questions roiling the market Jan. 22 after tech bellwether stocks stumbled coming out of the gate but began stabilizing later in the day. “Frenzy feeds off itself,” Eric […]
Research in Motion announced Jan. 22 that it will introduce upgrades in the first half of this year for both BlackBerry devices and the BlackBerry Enterprise Server. The upgrades include the ability to edit Microsoft Office documents and the ability to serve and retrieve e-mail even if the message is no longer stored on the […]
Angered by apparent contradictory statements by the White House, U.S. Rep. Henry Waxman, D-Calif., said his Committee on Oversight and Government Reform will hold a Feb. 15 hearing over millions of missing White House e-mails. The missing e-mails were first revealed during a congressional investigation into the firing of U.S. attorneys general. While acknowledging the […]