iPhone helped drive up activation numbers for Sprint. Still, the company posted a major loss in the last quarter of 2011, thanks to the iPhone.
A US appellate court has ruled that telecom companies have the right to legal immunity for helping the government eavesdrop on private communications. But in a separate opinion, the court also ruled that customers can sue the government for tracking e-mail and phone calls.
Verizon customers across the country experienced data outages this week, but according to Verizon reps, the network has been fully restored.
AT&T will give T-Mobile parent $3 billion in cash and another $1 billion in spectrum. But the collapse of the deal leaves T-Mobile in a tougher spot than AT&T.
Research in Motion stock falls after company delays arrival of new phones next year. But the real problem for Research in Motion stock: Loyal BlackBerry users are jumping to other smartphones.
Stocks slid in late afternoon trading. The Dow lost 66 points Tuesday to close at 11954, after gaining as much as 126 points earlier. Stocks on the Nasdaq and S&P 500 also suffered losses.
Stocks calmed down after Monday's big declines. Stocks on the Dow gained 69 points by noon Tuesday.
Verizon Wireless says it's waiting to offer better security and user experience. But Verizon's move could thwart Google's bid to turn the new Galaxy Nexus smartphone into the credit card of the future.
Carrier IQ, the embattled tech company, said on Friday that it is aware of the "sensitive" nature of the data it collects.