Gray Powell News
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Akamai Technologies Inc., a company that helps customers speed the delivery of online content, tumbled the most in a year and a half after its quarterly revenue and forecast missed estimates.
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Gizmodo.com, the blog that paid $5,000 for an Apple Inc. iPhone prototype after a company engineer left it in a bar, isn’t alone in trying to generate publicity from the incident.
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Akamai Technologies Inc., operator of a server network that lets businesses speed data delivery, rose the most in more than 19 months after agreeing to buy startup competitor Cotendo Inc. for about $268 million in cash.
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America Movil SAB, the largest wireless carrier in the Americas, reported a 14 percent rise in second-quarter profit on subscriber growth and foreign exchange gains that helped overcome the blow of regulatory measures.
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America Movil SAB , Latin America’s largest wireless carrier, will probably boost share buybacks and dividends during the next year because the company is accumulating cash faster than it can spend it, analysts say.
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Apple Inc. got an iPhone prototype back from technology blog Gizmodo.com, which said it obtained the device after a company engineer left it at a bar.
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Steve Jobs asked technology blog Gizmodo.com to return a secret iPhone prototype that Apple Inc. says was stolen after a company engineer lost it in a bar, according to court documents released yesterday.
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Gizmodo.com, the technology blog, said law enforcement officials seized computers from the home of Jason Chen, a staff editor who wrote about a prototype for an Apple Inc. iPhone that had been left behind in a bar.
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TiVo Inc. ’s patent-infringement victory against Dish Network Corp. and EchoStar Corp. will get a second look by the court that hears appeals of patent cases.
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U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a third day, as better- than-estimated jobless claims, consumer confidence and leading indicators bolstered optimism in the world’s largest economy.
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