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Verizon’s Profit Rises 16 Percent as Margins Improve

Verizon reported a profit of $1.95 billion, or 68 cents a share, up from $1.69 billion, or 59 cents a share, a year earlier. Revenue jumped 4.2 percent to $29.42 billion.

Mozilla’s CEO Makes a Case for the Firefox Mobile OS

If the duopoly of the massively popular Android and iOS is working for consumers why do we need a new operating system?
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Carriers in Most of the World to See Flat Revenue While Emerging Markets Take Off

Three countries — China, India and Brazil — will account for more than half of all revenue growth for carriers worldwide.
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Facebook Partners With Carriers to Bring Cheaper Messaging Abroad

In a new initiative, cheaper data access will be available for some international users of the social network.
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iPhone Users Rack Up the Highest Carrier Bills

But it also generates more in carrier fees than any other smartphone.
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No Account, No Problem: Facebook Messenger Continues War on SMS With Android Update

A new Facebook update for its Messenger app brings texting to Android users without Facebook accounts.
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Sprint to Take Control of Clearwire

Sprint Nextel Corp. is set to gain control of partner Clearwire Corp. without an acquisition, people familiar with the matter said, a deal that will clarify a long-dysfunctional relationship that became a central issue in the No. 3 U.S. carrier’s $20 billion acquisition by Japan’s Softbank Corp.

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Softbank Eyes 70 Percent Stake in Sprint; Deal Would Include Cash Injection

A person with knowledge of the negotiations said the value of the deal could exceed $12.8 billion.

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Softbank in Advanced Talks to Acquire Sprint Nextel

Japanese mobile carrier Softbank Corp. is in advanced talks to buy U.S. operator Sprint Nextel Corp. in a deal expected to exceed ¥1 trillion ($12.81 billion) in value, a person with knowledge of the negotiations said Thursday.

Sony Brings NXT Smartphone Series to U.S.

Following the Xperia Ion, Sony’s first post-Ericsson phone, the electronics giant is bringing more smartphones to the U.S.
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Another Down Day for Apple Shares