If you add up how much money Facebook spent on lobbying during the last four quarters, it appears the social networking giant set a new record in 2011: $1.35 million. Last year, Facebook’s lobbying budget passed the $1 million milestone, according to last quarter’s report filed with the U.S. ... Read more...
Two teenagers were refused entry to the United States after a series of tweets were taken somewhat out of context. Another reminder to think before you tweet. Amid the funny wigs and the undue pomp in the traditional British courtroom, it seems that our distant American cousins fail to share our ... Read more...
US telecoms giant AT&T has said it will not pursue its $39bn bid to buy T-Mobile USA after running into fierce government objections. AT&T said the actions of the government to block the deal do not change the problems faced by the mobile phone industry. It says it still requires more... Read more...
AT&T Inc. (T), whose $39 billion bid for T-Mobile USA is challenged by the U.S. Justice Department, will record one-time costs of $4 billion this quarter to reflect the risks of a collapse of the deal. AT&T and T-Mobile owner Deutsche Telekom AG withdrew their applications to the... Read more...
AT&T apparently has God on its side for the coming regulatory investigation surrounding its merger deal with T-MobileUSA. A faith-based service provider said the Louisiana Rescue Mission supported the merger between T-Mobile and AT&T, according to a report by The Nonprofit Quarterly. The ... Read more...
BART (Bay Area Rapid Transit), one of the subway systems in San Francisco, asked wireless providers to block their signals to four downtown stations in order to disrupt a looming protest. That move has gotten nationwide attention from everyone ranging from civil liberties groups to that const... Read more...
CC Media Holdings, the parent company of Clear Channel Communications, reported Wednesday that revenue grew 8% to $1.6 billion in the second quarter, with radio revenue up 4%. The company's billboard business rose 5% domestically and 19% internationally. Radio was the biggest segment, acco... Read more...
iCloud Communications, a Phoenix-based voice over IP provider, alleges that the name of Apple's recently announced online storage service copies its name and causes confusion over competing products: The goods and services with which Apple intends to use the "iCloud" mark are identical to or c... Read more...