After years of negotiations, China Mobile finally began selling Apple's iPhone to its 776 million subscribers in January. Now, the world's largest mobile carrier probably wishes it hadn't.
Verizon is close to inking a deal to buy Vodafone's 45 percent stake in Verizon Wireless for a whopping $130 billion, according to sources consulted by Bloomberg.
While the Federal Reserve hermetically seals information about its financial market moves, its security for employee data appears less rigorous.
Amazon reportedly has tested a new Wi-Fi network using spectrum held by satellite communications firm Globalstar, Bloomberg reports.
Clearwire's board and key shareholders are backing a revised offer from Sprint, which is proposing to pay $5 per share for the remaining shares in Clearwire, a 14 percent premium over Dish Network's offer, Bloomberg is reporting.
Hewlett-Packard announced a fiscal third-quarter profit forecast that beat analysts' estimates, pushing the stock up 13 percent in Thursday morning trading, according to a report by Bloomberg.
Samsung announced on Friday that smartphone sales fueled a 53 percent year-over-year increase in operating profits in the first quarter of 2013, according to a report by Bloomberg.
Apple's rumored iWatch could hit the market by the end of the year, according to a report by Bloomberg.
Bloomberg said today that the valuation on U.K.-based software company WANdisco Plc (WAND), rose to its highest level after it won a patent award in the states and joined a platform for storing and processing large volumes of data. Two months ago, the company also made its official move into the big data market with the acquisition of AltoStor for $5.1 million.
Microsoft is planning to update its flagship Windows operating system at a much more regular pace of once a year--instead once every two to three years, like it has traditionally done.