By:
Todd Haselton |Jul 20th, 2011 at 12:00PM
T-Mobile announced new “Value” plans for customers who sign up for service and pay the full price of a new phone or bring their own device. Beginning on July 24th, customers will have the option of paying for a new device at an unsubsidized cost upfront or in monthly installments. T-Mobile’s cheapest Value plan is a $39 monthly option that provides 500 minutes and unlimited texting, but the carrier will also offer 2GB, 5GB, and 10GB data packages. Family lines will start at $49.99 per line, ...
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Zach Epstein |Jun 23rd, 2011 at 06:01PM
Shares of RIM stock have taken a beating since the company announced devastating first-quarter earnings last Thursday. The Waterloo, Ontario-based BlackBerry maker missed Wall Street’s first-quarter consensus, it lowered its full-year guidance, it announced workforce reductions, it confirmed product delays and investors went running for the door as did a top executive. Since the earnings release last week, RIM’s stock has fallen more than 25%. This is bad news for every RIM investor, but two in...
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Zach Epstein |Apr 8th, 2011 at 04:50PM
Acer appears to have taken company founder and former CEO Stan Shih’s recent advice quite seriously. Late last month following news that Acer had lowered its guidance for the first quarter of 2011, Shih said Acer needed to overhaul its business if it hoped to remain competitive. He also noted that Acer should focus on improving its profit margin rather than becoming a leader in the PC market by shipment volume, as had been the company’s goal. Just two days later, Acer announced that its CEO, Gianf...
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Andrew Munchbach |Jul 31st, 2010 at 05:49AM
Bloomberg is reporting that social network Facebook will postpone an IPO until 2012. Investors have been speculating that the world’s largest social network — valued at $24.9 billion — would go public sometime in 2011. Bloomberg writes, “Waiting lets Zuckerberg, 26, hone the skills needed to steer a company that issues quarterly results while facing criticism on such matters as user privacy.” Facebook declined to comment, and Zuckerberg himself said his company would offer an IPO...