Sprint Nextel CEO asks shareholders' patience in turnaround

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(AP) -- Dan Hesse, chief executive officer at Sprint Nextel Corp. for less than five months, faced tough questions Tuesday about the company's continued trouble keeping wireless subscribers.


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All News summaries for May 13, 2008

Major shareholder advisory firm backs Yahoo board

10 minutes ago | User rating: not rated yet
(AP) -- An influential shareholder advisory firm endorsed the re-election of Yahoo Inc.'s entire board Thursday, reducing the chances that the Internet company's directors will be ousted for spurning Microsoft Corp.'s $47.5 ...

Creators of Scrabble knockoff on Facebook sued

10 minutes ago | User rating: not rated yet
(AP) -- T-R-O-U-B-L-E could loom for a Scrabble knockoff that has become one of the most popular activities on Facebook.

Intel Outlines Plans for New Category of Smarter, Purpose-Built 'System on Chip' Designs

1 hour ago | User rating: not rated yet
As Internet access continues to be added to all kinds of computers and devices, Intel executives outlined a plan to use its chip design expertise, factory capacity, advanced manufacturing techniques and the economics of Moore's ...

China's mobile users top 600 million: govt

3 hours ago | User rating: not rated yet
The number of mobile users in China, the world's biggest cellphone market, now tops 600 million, the government said, as subscribers increasingly abandon fixed lines.

Amazon shares leap on strong quarterly report

3 hours ago | User rating: not rated yet
(AP) -- Amazon.com Inc. shares leaped 13 percent Thursday after the Internet retailer showed that it doesn't seem to be bothered by the sputtering U.S. economy.
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