Canadian Press – CHICAGO – Motorola Inc.’s third-quarter earnings plummeted 94 per cent but the cellphone company still managed to impress Wall Street with its progress, improving from its dismal first-half performance and serving notice its turnaround effort may be taking hold.
Reuters – Stocks fell on Thursday after disappointing results from Comcast and engine maker Cummins fed worries about corporate profits, while fears of more credit losses hit financial shares.
InfoWorld – Now that WiMax has been certified as a form of 3G mobile data infrastructure, Sprint Nextel is changing its tune about the WiMax network it plans to launch commercially in April.
Reuters – Motorola Inc reported on Thursday its first quarterly profit in 2007 and gave an outlook that beat Wall Street expectations, in a sign the mobile phone maker has started to turn around its business.
NewsFactor – Qualcomm has unveiled a new multimode chip and associated software that will enable notebook PC makers to embed advanced wireless capabilities into their next-gen products. Called Gobi, the new offering will enable high-speed data connections to the Internet over both 3G and legacy 2G cellular networks, the company said.
Reuters – Robust demand from emerging markets in Asia and Africa lifted third-quarter sales of all major handset vendors from the previous quarter, with companies expecting another sales boost from holiday shopping ahead.
InfoWorld – It’s easy to be wowed by Japan’s mobile communications infrastructure. “Next-generation” 3G coverage is now so ubiquitous that carriers have already stopped launching 2G phones; an impressive array of attractive handsets offer free digital TV; phones can be used to pay for goods and train rides, thanks to embedded contactless smart cards; and [...]
InfoWorld – China will put its homegrown 3G (third-generation) mobile technology to use during the 2008 Olympic Games, the country’s state-owned broadcaster said in a news report.
AFP – Britain lobbied against European Union plans to impose price caps on mobile phone roaming rates which were put into place earlier this year, The Times reported on Thursday.
Investor’s Business Daily – A jacket designed with global positioning satellite equipment is gaining popularity among worried parents in Britain, the Guardian reported. Clothing maker Blade Runner, which specializes in equipping police and security services, introduced the jacket, which includes a small GPS transmitter. Parents can track the location of their kids to within a [...]
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