Todd R. Weiss

China’s Didi Chuxing ride-sharing service is acquiring Uber’s Chinese operations for a 20 percent stake in the Chinese company, as Uber gives up on trying to battle the company after losing more than $2 billion there in the last two years. The acquisition of the assets of Uber China was announced by Didi Chuxing on […]

AT&T will sell the latest AT&T Trek 2 HD tablet for 99 cents with a 20-month wireless agreement and a monthly data plan. The tablet features an 8-inch HD display, a Qualcomm Snapdragon 1.5GHz octa-core processor, and integrated 4G LTE, WiFi and Bluetooth connectivity. The new tablet, which is made for AT&T by ZTE, will […]

LG’s V20 flagship smartphone, its replacement for its 10-month-old V10 handset (pictured), will be the first smartphone that will be preloaded and ship with the upcoming Android 7.0 Nougat operating system when the handset is unveiled in the third quarter of 2016, according to LG. The phone’s operating system selection was announced by LG on […]

Samsung delivered its highest operating profit in two years in the second quarter of 2016, posting a $7.19 billion profit (8.14 trillion Korean Won, KRW), an 18 percent increase from the 6.9 trillion KRW posted a year ago. That’s the highest quarterly operating profit posted by the company since it brought in 8.49 trillion KRW […]

BlackBerry Touts DTEK50 Android Phone’s High Security The $299 DTEK50 Android smartphone has a 5.2-inch touch-screen display and is the second BlackBerry handset designed without the company’s traditional physical keyboard. BlackBerry DTEK50 Smartphone The DTEK50 features a 5.2-inch Full HD display with a scratch- and smudge-resistant cover glass, a 64-bit Qualcomm Snapdragon 617 octa-core processor, […]

It’s been a tough year for the U.S. smartphone market, with Apple reporting two straight quarters—the first in 13 years—in which its revenue didn’t increase, while other established phone makers including BlackBerry and LG see their futures becoming murkier. Mobile market watchers say the problem appears to be the saturation of the U.S. smartphone market […]

A day after Apple announced that its global iPhone sales were down 15 percent, taking down revenue and profits with them, CEO Tim Cook met with employees to share the news that the company had just sold its one billionth iPhone. It was indeed an ironic moment for the iPhone, which first went on sale […]

BlackBerry’s latest smartphone, the DTEK50, an ultra-high security touch-screen Android handset that doesn’t include the company’s iconic physical QWERTY keyboard, has made its debut and will go on sale Aug. 8 for $299. The company said in a July 26 announcement that the DTEK50 is “the world’s most secure Android smartphone.” It is the vendor’s […]

T-Mobile’s growth continued in the second quarter of 2016, with increases in revenue, profit and mobile postpaid customers as the mobile carrier appears to maintain ongoing success with its “Un-carrier” messages to consumers. For the second quarter, which ended June 30, the company reported total revenue of $9.2 billion, including service revenue of $6.8 billion, […]

Apple’s third-quarter revenue and net income fell for the second consecutive quarter as the iPhone maker reported $42.36 billion in revenue, down 15 percent from $49.6 billion a year earlier, and $7.8 billion in net income, a drop from $10.7 billion. Apple’s year-over-year declines in revenue and net income for two straight quarters contrast with […]