Samsung Electronics Co. unveiled a prototype heath-monitoring wristband connected to a cloud-based service, which would allow consumers to share their statistics with developers of new mobile fitness applications.
Two months ago, Deutsche Telekom AG ’s head of the U.S. told investors in New York that its wireless unit there was “ready to turn the business around” with the “best” fast Internet network to win back customers. Yesterday, it decided to sell instead.
AT&T Inc., responding to speculation over a possible takeover bid for Vodafone Group Plc, said it doesn’t plan to make an offer for the U.K. wireless carrier. Vodafone shares fell the most in four months in London trading.
Google Inc. unveiled the first device running the new version of its Android software, stepping up competition with Apple Inc. and seeking to win over developers by making it easier to write programs that run on both phones and tablets.
Samsung Electronics Co. plunged the most in almost four years, wiping out more than $12 billion in market value, on concern some devices may be banned in the U.S. after a jury said it violated Apple Inc. patents.
Europe’s wireless carriers are falling behind their U.S. rivals in efforts to boost tariffs as they introduce faster service, with price cuts in France and Britain indicating phone bills will shrink further.