Morning Business Memo… Tesla Motors is taking on one of the main criticisms of its luxury electric cars: you can’t take them on long distance cross-country trips. Tesla plans to expand its network of charging stations in much of the US and Canada, promising to...
The FCC does not want to be responsible for Americans having heart attacks over their (exorbitant) wireless phone bills. And that is why in October 2011–not long before an unfortunate U.S. airman stationed in Guam amassed $16,000 in charges–the FCC enacted “Wireless Consumer Usage Notification...
A former hedge fund titan who became the poster child for the government's crackdown on Wall Street white-collar crime was convicted of insider trading Wednesday, giving the prosecution a high-profile win in its biggest insider case in a generation. The conviction of billionaire Raj Rajaratnam, 53,
A former hedge fund titan that became the poster child for the government's aggressive crackdown on Wall Street white-collar crime was convicted of insider trading Wednesday, giving the prosecution a high-profile win in its biggest insider case in a generation. The conviction of billionaire Raj
When Verizon Wireless launched its superswift fourth-generation, or 4G, mobile data network late last year, a crucial piece of the puzzle was missing: a smartphone that could exploit the faster network. That all changed on St. Patrick's Day with the arrival of the HTC ThunderBolt I've been testing,
Wall Street hammered Sprint Nextel shares Monday on concerns about the wireless carrier's smaller stature in the market should AT&T's $39 billion bid to acquire T-Mobile go through. Wall Street hammered Sprint Nextel shares Monday on concerns about the wireless carrier's smaller stature in the
The indictment of a New York billionaire for allegedly operating the largest ever insider trading scheme involving a hedge fund last week, is a signal that regulators are taking a more aggressive tack in hunting down illegal activity on Wall Street, former SEC officials say. Raj Rajaratnam , head
Goodbye, numeric cellphone keypads. You're going the way of the rotary dial. Touch screens and QWERTY keyboards will take over from here, thank you. At North America's largest cellphone trade show, running this week in Las Vegas, there were few new phones for the U.S. market that had a numerical
Strong holiday advertising sales led Google goog to a successful fourth quarter, even in recessionary times, with revenue of $5.7 billion, up 18% from the year-earlier quarter. The good news from Google contrasted with missed forecast and 5,000 layoffs announced earlier Thursday by rival Microsoft