U.S. stocks rose for a second day as Apple Inc. rebounded from its biggest drop in four years and investors weighed prospects for a budget deal in Washington.
Akamai Technologies Inc. rose the most in more than four months after forging a deal with AT&T Inc. to provide the carrier’s business customers with so-called content-delivery services.
AT&T Inc., the second largest U.S. wireless carrier, is expanding its mobile-security service for businesses and will announce a similar push targeting consumers next year.
Sprint Nextel Corp. said it plans to give some mobile-phone customers $100 pint-sized cell towers to improve coverage, a move that may put pressure on other competitors to follow suit.
A security breach in AT&T Inc. ’s wireless network exposed the e-mail addresses of some owners of Apple Inc.’s iPad 3G.
Nokia Oyj , the world’s largest mobile-phone maker, has canceled the introduction of its X7 smartphone with AT&T Inc. in the U.S., according to a person familiar with the situation.
Microsoft Corp. may have a tougher time convincing wireless operators to support mobile phones with Windows software after its $8.5 billion purchase of Skype Technologies SA, analysts said.
Research In Motion Ltd. , maker of the BlackBerry smartphone, plans to hold an event Aug. 3 that may be a debut of a new model with a slide-out keyboard, analysts said.
When Apple Inc. began selling a version of its iPad tablet this year that could connect exclusively to AT&T Inc.’s third-generation wireless network, Sprint Nextel Corp. saw an opportunity.
DirecTV is focusing on adding subscribers to its Latin American business and isn’t considering an initial public offering or spinoff of the unit, Chief Executive Officer Mike White said.