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The New York-based company will report its fourth-quarter earnings Tuesday before the market opens.
With the searing success of Apple's iPhone line helping to spur sales of nearly 580 million smartphones in 2011, consumers are lining up to buy them. Meanwhile, the mobile industry is dying to serve them, lured by prospects of subscriber growth and terabytes of new revenue.
Airlines utilizing the Airbus A380 will be required to conduct enhanced inspections following findings of cracks inside the wings of the aircraft, the European Aviation Safety Agency announced Friday.
The move underscores the company's need to provide wireless bandwidth to a customer base increasingly using data-heavy smartphones.
Net income for the fourth quarter more rose more than fourfold to $1.98 billion, with per-share earnings of $1.51, in part due to Microsoft's Skype purchase. Revenue for the fourth quarter was $3.38 billion, up 35 percent from 2010.
A robust holiday shopping season could lead to strong earnings for EBay, the online auction giant.
Former Chief Executive Officer Frank Dunn, former Chief Financial Officer Douglas Beatty and former Controller Michael Gollogly are accused of altering financial results for the telecommunications company in order to reap millions of dollars in bonuses.
Applications such as textPlus and Kik could eventually end carriers' reliance on revenue from traditional text messaging.
A senior executive of the Dallas-based telecommunications company wrote in a blog post that the FCC shouldn't have the power to determine which companies can purchase wireless spectrum.
The Rochester-based company's complaint to the U.S. International Trade Commission argues that some of Apple's iPhones, iPads and iPods, along with some of HTC's smartphones and tablets infringe on Kodak patents involving technology for transmitting images.
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