Cisco Systems fell slightly short of revenue expectations for the fourth quarter of fiscal year 2010, as the uncertain economy caused a hiccup in sales. For the quarter, which ended July 31, Cisco posted a profit of $1.94 billion, or 33 cents a share, up from $1.08 billion, or 19 cents a share, during the …
Read More »Marguerite Reardon
BlackBerry security: Blessing and a curse
Research In Motion’s top-notch security is both a blessing and a curse for the company as governments in some key emerging markets, where RIM is looking for growth, threaten to block the BlackBerry service over national security concerns. Last week, governments in several countries including the United Arab Emirates, Saudi Arabia, Indonesia, and India threatened to shut down BlackBerry e-mail …
Read More »Skype files for $100 million IPO
Internet telephony giant Skype plans to raise as much as $100 million in an initial public offering. The company said Monday that it has filed an S-1 statement with the Securities and Exchange Commission. After the IPO, Skype will trade on the Nasdaq Global Market. Goldman Sachs, J.P. Morgan, and Morgan Stanley are among the banks handling the IPO. Neither …
Read More »Is Apple prepping for a Verizon iPhone?
Rumor has it that Apple is buying millions of CDMA chipsets for a Verizon iPhone launch, according to TechCrunch. The tech blog published a story Sunday citing unnamed sources that said Apple ordered millions of CDMA chips from Qualcomm in what looks like preparation for a Verizon Wireless iPhone. TechCrunch said that the chipset order is due for December, which …
Read More »Net neutrality crusaders slam Verizon, Google
Net neutrality supporters say they’re unhappy that the Verizon Communications and Google proposal for new Net neutrality rules does not go far enough. On Monday the companies announced a joint proposal that outlines a legislative framework for consideration by lawmakers. The companies have been working together on the Net neutrality issue for almost a year. In October, they issued a …
Read More »Google, Verizon propose Net neutrality framework
CEOs from Google and Verizon Communications on Monday announced a proposal to policymakers for keeping the Internet open. The companies jointly suggested a legislative framework for consideration by lawmakers. The major breakthrough in the proposal is an agreement that the nondiscrimination clause that the Federal Communications Commission has proposed as part of its regulatory efforts would be enforceable. “We agree …
Read More »Ask Maggie: On wireless data roaming; gauging usage; and venting about billing
Wireless broadband services are great. But how much data are you actually using and how much is it all really costing you? In this week’s Ask Maggie advice column, I answer a few questions about wireless broadband services. Specifically, I explain why using a U.S. wireless broadband data stick is probably not a good idea without a special data plan. …
Read More »BlackBerry maker and Saudis close to a deal?
BlackBerry maker Research In Motion is supposedly working with officials in Saudi Arabia to make sure that BlackBerry users don’t lose access to mobile e-mail, several news agencies reported Friday. Government officials in Saudi Arabia announced earlier this week that they were ordering the country’s three wireless operators to block BlackBerry messenger service. Officials said RIM’s stringent security does not …
Read More »Clinton supports RIM in security spat
The U.S. and Canadian governments are getting involved with a dispute between some foreign governments and Research In Motion, the maker of the BlackBerry smartphone, over those countries’ restrictions of the device. On Thursday, U.S. Secretary of State Hillary Clinton said she would try to help broker a resolution between the two sides. “We are taking time to consult and …
Read More »RIM bets big on next
For Research In Motion, the new BlackBerry 9800 is more than just its latest device. It’s an opportunity to show critics that the BlackBerry can stand up to likes of Apple’s iPhone and a flurry of new Google Android devices. With all the hype surrounding the iPhone and the various Android smartphones that have hit the market recently, it’s easy …
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