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Apple denies it plans to sell mobile services directly to consumers

Apple, the world’s most profitable mobile phone maker, has denied a media report that it is working on a plan to market communications services directly to consumers and bypass telecom operators. Business Insider on Monday reported that the iPhone maker was testing a so-called mobile virtual network operator (MVNO) in the United States, which would see it rent out capacity from mobile network operators and then sign up its own

Apple denies it plans to sell mobile services directly to consumers

Apple, the world’s most profitable mobile phone maker, has denied a media report that it is working on a plan to market communications services directly to consumers and bypass telecom operators. Business Insider on Monday reported that the iPhone maker was testing a so-called mobile virtual network operator (MVNO) in the United States, which would see it rent out capacity from mobile network operators and then sign up its own

BMW CEO puts digital trends at center of strategy review

BMW’s new Chief Executive Harald Krueger plans to overhaul the carmaker’s strategy to make it fit for the digital future of driving, he said on Tuesday. BMW teamed up with Germany’s other two premium carmakers to buy Nokia’s high-definition mapping business for 2.5 billion euros ($2.7 billion) this week to protect its access to key technology for connected and self-driving cars. At this stage it is still too early to

BMW CEO puts digital trends at center of strategy review

BMW’s new Chief Executive Harald Krueger plans to overhaul the carmaker’s strategy to make it fit for the digital future of driving, he said on Tuesday. BMW teamed up with Germany’s other two premium carmakers to buy Nokia’s high-definition mapping business for 2.5 billion euros ($2.7 billion) this week to protect its access to key technology for connected and self-driving cars. At this stage it is still too early to

Marvell wins cut in $1.54 billion Carnegie Mellon damages award

(Reuters) – A federal appeals court on Tuesday ordered a reduction in the $1.54 billion damages award that Marvell Technology Group Ltd was ordered to pay Carnegie Mellon University for infringing two hard disk drive patents held by the school. The U.S. Court of Appeals for the Federal Circuit upheld a lower court finding that the patents were infringed, but said “enhanced damages” that boosted a $1.17 billion jury verdict

Marvell wins cut in $1.54 billion Carnegie Mellon damages award

(Reuters) – A federal appeals court on Tuesday ordered a reduction in the $1.54 billion damages award that Marvell Technology Group Ltd was ordered to pay Carnegie Mellon University for infringing two hard disk drive patents held by the school. The U.S. Court of Appeals for the Federal Circuit upheld a lower court finding that the patents were infringed, but said “enhanced damages” that boosted a $1.17 billion jury verdict

Wireless carrier Sprint's revenue falls 8.7 percent

(Reuters) – Sprint Corp’s quarterly revenue fell 8.7 percent as revenue from its wireless business declined, and new and existing customers opted for its installment plans. Sprint, which is 80 percent owned by Japan’s SoftBank Corp , said net operating revenue fell to $8.03 billion from $8.79 billion.

Wireless carrier Sprint's revenue falls 8.7 percent

(Reuters) – Sprint Corp’s quarterly revenue fell 8.7 percent as revenue from its wireless business declined, and new and existing customers opted for its installment plans. Sprint, which is 80 percent owned by Japan’s SoftBank Corp , said net operating revenue fell to $8.03 billion from $8.79 billion.