Facebook Inc.’s $19 billion purchase of mobile-messaging startup WhatsApp Inc. is a stark reminder of how much money phone carriers are losing out on as competitors let users text and chat at no charge.
President Barack Obama’s plan to keep phone data with the National Security Agency for now is a victory for telecommunications companies, which resisted the idea of holding the records themselves over concerns about lawsuits, lost business and unwanted responsibility.
Stephen Elop, already an odds- makers’ favorite to take over as Microsoft Corp.’s next leader, just boosted his chances by helping orchestrate the $7.2 billion deal that makes him a senior executive at the software maker he once helped run.
President Barack Obama will put off decisions on the most controversial aspects of the U.S. government’s data-collection programs, including those faulted by phone and Internet companies that say customers are losing faith that their privacy is protected.
President Barack Obama tomorrow will create a panel to examine how data-collection efforts like the National Security Agency’s spy programs affect Internet companies and privacy rights, said two people familiar with White House deliberations.
Apple Inc. may learn as early as today whether President Barack Obama and U.S. Trade Representative Michael Froman will intervene to let it keep selling all versions of its iPhone 4 and iPad 2 in the U.S.
British telecommunications companies serving London’s Olympic Park say they have created a wireless system capable of handling a large city. Legions of iPhone- toting visitors are about to put them to the test.