Samsung Electronics Co Ltd, which faced a trial on patent infringement in a lawsuit brought by patent holder Smartflash LLC, can halt the proceedings while the Smartflash patents are scrutinized for their validity by the U.S. Patent and Trademark Office, a U.S. appeals court ruled on Thursday. The U.S. Court of Appeals for the Federal Circuit also declined to stay the Smartflash case against Apple. The iPhone maker lost a
T-Mobile US Inc reported a better-than-expected 14 percent jump in quarterly revenue as aggressive pricing helped it win more customers. T-Mobile said it now expected to add 3.4 million to 3.9 million postpaid users in 2015, up from 3.0 million to 3.5 million. As EBITDA margins climb, that flows through to earnings,” Macquarie Research analyst Kevin Smithen said.
Facebook Inc reported quarterly revenue that beat forecasts but its profit fell 9 percent as the social media company sharply increased spending to boost mobile revenue and future growth. “We’re investing in the next set of services and what will be future investments like Messenger, WhatsApp and Oculus,” Chief Operating Officer Sheryl Sandberg said in an interview on Wednesday after the earnings report. Messenger has more than 700 million users,
In cities such as San Francisco and New York, letter carriers have been showing up on people’s doorsteps as early as 3 a.m. bearing unusual cargo: milk, eggs, and other perishable items.
Investors misunderstood comments from Facebook CFO David Wehner about slower revenue growth in the rest of 2015, Gene Munster said.
Bill Gross on Thursday said the Federal Reserve is beginning to recognize that ultra low interest rates increasingly have negative as well as positive consequences.
Standard worries about U.S. growth, stalled corporate earnings and ragged action in the market itself have lingered close, to ensure anxiety levels never fall too far.
The U.S. economy grew more slowly over the past three years than the government had previously estimated, held back by more frugal consumers and steeper spending cuts by state and local governments. The …
Patience is a rare investor virtue. Mark Zuckerberg thinks he has the track record to ask for it.
The number of Americans filing new applications for unemployment benefits increased last week, but remained near cycle lows in a sign that the jobs market was gaining steam. Initial claims for state unemployment …
