Motorola Mobility Holdings Inc., the newly independent cell phone and set-top box business of the former Motorola Inc., appointed Nike Inc. executive Jeanne P. Jackson to its board Thursday. Get the full story »
Filed under: Consumer electronics
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Jan. 13 at 5:01 p.m.
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Filed under: Cell phones, Chicago executives, Consumer electronics, Personnel moves, Technology, Work culture Motorola Mobility names Nike executive to board
Verizon stock seen as pricey after iPhone news
Investors in Verizon Communications Inc. have been betting big on the company’s newly announced deal to sell Apple Inc.’s iPhone product — pushing the stock to some of its highest valuation levels in the past decade.
That has sparked debate on Wall Street about how economically beneficial the device will be to the carrier, despite widespread projections calling for the sale of 10 million units or more this year.
In particular, the iPhone likely will be heavily dilutive to Verizon’s earnings this year, given the subsidies the carrier will have to shell out to Apple for the device. Get the full story »
Jan. 11 at 4:06 p.m.
Filed under: Cell phones, Consumer electronics, Technology, Telecommunications, Updated Verizon to sell $200 iPhone starting in February
Verizon Wireless has announced that the iPhone will be available on its network in early February. (Justin Sullivan/Getty Images)
After waiting three-and-a-half years, Verizon Wireless customers will finally get their hands on Apple’s iPhone next month.
The top U.S. wireless operator ended months of speculation and anticipation from impatient consumers on Tuesday by announcing that it would begin selling a version of the iPhone on Feb. 10 at the same prices as AT&T.
“I’m going to switch right away. I’m going to go back to Verizon,” said Raheem Noble, 24, a New York City rapper, who was on his way to buy the device before being told that preorders would not begin until Feb. 3. Get the full story »
Verizon iPhone may be introduced next week
(Justin Sullivan/Getty Images)
Verizon Wireless said Friday that it will host an event in New York City on Tuesday, fueling speculation of an announcement regarding a Verizon-powered iPhone.
The invitation was largely devoid of details, saying little other than that Verizon President and Chief Operating Officer Lowell McAdam would host.
Verizon Wireless, the largest U.S. wireless carrier, wasn’t immediately available for comment, and iPhone maker Apple Inc. declined to comment. Get the full story »
Steve Jobs’ 2010 compensation package still $1
Apple Inc. CEO Steve Jobs’ compensation package remained the usual $1 in fiscal 2010, but the value of the shares he owns has skyrocketed amid the company’s ongoing success with introducing shiny new gadgets many people come to find indispensible.
AT&T drops price of iPhone 3GS to $49
AT&T Inc. will start selling the previous-generation iPhone — the iPhone 3GS — for $49 starting Friday to customers who buy the smart phone with a two-year service contract and data plan. AT&T said it will include iPhone 3GS devices sold through AT&T and Apple. Get the full story »
Motorola unveils tablet, ‘most powerful’ phone
The world’s most powerful smart phone.
Such a claim is a bold one, but Motorola Mobility is making it at the Consumer Electronics Show, the annual industry confab where companies try to one-up each other with the newest technology and flashiest product releases. Get the full story »
LG Display reports flat-screen deal with Sony
South Korea’s LG Display, the world’s No. 2 LCD flat-screen maker, said Wednesday that it has an LCD supply deal with Japan’s Sony Corp.
“We’ve just started panel supply to Sony,” LG Display Chief Executive Kwon Young-soo told reporters at the Consumer Electronics Show in Las Vegas. Get the full story »
Jan. 4 at 2:09 p.m.
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Filed under: Consumer electronics, Entertainment, Media, TV, Technology, Video CES: Netflix button coming to remote controls
Netflix told CES attendees Tuesday that it would soon be available on remote controllers that operate Internet-connected TVs, Blu-ray disc players and other devices, enabling subcribers to access movies with one click.
Netflix Inc. said consumer electronics companies would begin selling remotes this spring with “Netflix” buttons — including some featuring the red Netflix logo. The companies include Sharp, Sony and Toshiba.
Dec. 28, 2010 at 11:24 a.m.
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Filed under: Consumer electronics, Privacy issues, Technology, Updated, Wireless Apple sued over privacy issues with Apps
Apple Inc. allowed personal information from users of applications for its iPad and iPhone devices to be transmitted to advertising networks without the users’ knowledge, according to a lawsuit brought against the technology giant last week, Bloomberg News reported Tuesday. Get the full story »
Dec. 22, 2010 at 7:50 p.m.
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Filed under: Cell phones, Consumer electronics, International, M&A, Wireless Dover buys Sound Solutions for $855M
Downers Grove-based Dover Corp. has reached an $855 million deal to acquire NXP Semiconductors NV’s Sound Solutions business, which makes speaker and receiver components for the mobile handset market. Get the full story »
Illinois couple sent to prison in Best Buy fraud
An Illinois couple convicted of defrauding Best Buy out of more than $32.8 million and failing to pay taxes on their fraudulent gains has been sentenced.
Prosecutors alleged that Russell and Abby Cole of Deerfield systematically overbilled the Richfield-based electronics retailer for four years through an online auction program. Get the full story »
Dec. 20, 2010 at 5:30 a.m.
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Filed under: Consumer electronics, Internet, Media, TV, Technology, Telecommunications Google TV faces delays amid poor reviews
From the New York Times News Service | The Consumer Electronics Show next month in Las Vegas was meant to be the great coming-out party for Google’s new software for televisions, which adds Web video and other computer smarts to TV sets. Although Google already has a deal with Sony for its Internet TVs, other television makers — Toshiba, LG Electronics and Sharp — were prepared to flaunt their versions of the systems.
But Google has asked the TV makers to delay their introductions, according to people familiar with the company’s plans, so that it can refine the software, which has received a lukewarm reception. The late request caught some of the manufacturers off guard. And it illustrates the struggles Google faces as it tries to expand into the tricky, unfamiliar realm of consumer electronics, and drum up broad interest in a Web-based TV product that consumers want. Get the full story »
Sales of 3-D, Web-enabled TVs fall flat
New features such as 3-D screens and Internet connectivity have not inspired U.S. television shoppers, dashing a hoped-for recovery in the global consumer electronics industry.
TV manufacturers such as Sony Corp., Samsung Electronics Co. and Sharp Corp. are learning that features such as razor-thin LED TVs are not enough to stage a comeback in the United States. Get the full story »
