Filed under: Telecommunications

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RIM sees 3Q profits rise 45% on Torch strength

Research In Motion reported results that mostly beat expectations Thursday, and the BlackBerry maker forecast strong profits for the current quarter, pushing its shares higher in after-hours trade.

RIM said net profit jumped 45 percent in its third quarter, which ended Nov. 27. It said results were boosted by strong sales of its flagship Torch smartphone, a new product that combines a touch screen like Apple’s iPhone with RIM’s trademark mini keyboard. Get the full story »

Yahoo to lay off 600 workers

Yahoo is reducing its work force by 4 percent and as it hands out 600 layoff notices for the holidays.

The job cuts announced Tuesday follow weeks of speculation about whether a long-running financial funk would spur Yahoo to trim its payroll before the new year. Get the full story »

Gawker breach spreads to Twitter

A spam attack on Twitter shows why it’s wise to use different passwords for Internet accounts.

Twitter said Monday that hackers broke into an unspecified number of accounts and sent spam promoting acai berry drinks. Twitter says the passwords came from a  breach at Gawker Media, which runs Gawker, Gizmodo and other technology and media sites. People who used the same passwords for both sites were vulnerable. Get the full story »

Consumer Reports rates AT&T worst carrier

AT&T’s customer satisfaction rating tumbled this year, ranking dead last among U.S. wireless carriers, according to a Consumer Reports survey released on Monday.

The nation’s second largest wireless network received the worst possible rating in eight of the nine categories the magazine studied, including overall value, voice service, data service, phone service, staff knowledge, and resolution of issues, among others. Get the full story »

Sprint to phase out Nextel network in 2013

Sprint Nextel says it’s going to start phasing out the Nextel part of its network in 2013, a decision that follows near-constant subscriber losses since Sprint bought Nextel in 2005. Get the full story »

Motorola shares fall on Q1 mobile loss forecast

Motorola CEO Sanjay Jha. (PRNewsFoto/Motorola, Andy Kuno)

Shares of Motorola fell 1.5 percent after it warned its cell-phone unit would post a loss in the first quarter, when key client Verizon Wireless is seen starting sales of Apple’s iPhone.

Analysts on Thursday cut their share price targets and earnings estimates for the company, which had only recently posted its first quarterly profit in years.

Motorola’s mobile chief and Co-Chief Executive Sanjay Jha flagged the loss during an investor conference late on Wednesday saying first quarter sales would involve a higher proportion of cheaper phones as the company looks to boost sales at U.S. operators such as AT&T, Sprint Nextel and T-Mobile USA. Get the full story »

Motorola Mobility to make tablets in 2 sizes

Motorola Mobility is planning to make tablet devices in two different sizes, Chief Executive Sanjay Jha said Wednesday.

Jha has previously voiced interest in the tablet space, but offered a few more details during an investment bank conference. Motorola Mobility will make both a 7-inch and a 10-inch tablet because “we view both formats as being quite meaningful,” Jha said. Get the full story »

Verizon to break out Chicago 4G network Sunday

Verizon Wireless senior technician Jim Harper works at a switching center in Los Angeles on Oct. 18, 2010. The company and other major cellular providers have spent billions to build 4G networks. (Francine Orr/Los Angeles Times/MCT)

Verizon Wireless is going live with its new 4G network in Chicago and 37 other cities on Sunday, the carrier said Wednesday.

The network will deliver speeds between 5 and 12 megabits per second, representing a tenfold increase in speed from Verizon’s current 3G network, Tony Melone, Verizon’s chief technical officer, said in a conference call. On the 4G network, a user can download a 10-megabyte presentation in less than 10 seconds or download 20 photos in 60 seconds, Melone said.

Clearwire, Sprint and Comcast began offering 4G services in Chicago on Clearwire’s network about a year ago. T-Mobile announced the local launch of its 4G network at the beginning of November. Get the full story »

It’s official: Motorola to split into 2 companies

Motorola Inc. said Tuesday it will officially split into two companies on Jan. 4, 2011.

The separation is a long time coming, as the Schaumburg-based technology company first announced the decision in March 2008. The complexity of the break-up and the global recession had slowed the process, which involved dividing up not just employees, but assets such as intellectual property and ownership of the Motorola brand. Get the full story »

TSA app gives airport do’s and don’ts

It won’t save you from “enhanced patdowns,” but an iPhone app from the TSA tries to ease the pain of air travel by offering guidance on prohibited items, security wait times and packing tips. Get the full story »

Yelp Check-ins comes to Chicago merchants

Online review site Yelp is partnering with local merchants, including businesses in Chicago, to offer discounts when customers “check in” using their mobile phones.

Yelp introduced its Check-ins feature in January, encouraging its members to broadcast their locations when they visited a local business. Get the full story »

No holiday from work e-mail, survey shows

Even on the cusp of a long weekend, there’s no rest for the weary, according to a report Tuesday.

The majority, or 59 percent, of working Americans check their work e-mails during Thanksgiving, Christmas and other traditional holidays, according to a survey by Xobni (“inbox” spelled backwards), a Silicon Valley startup that organizes Microsoft Outlook inboxes and address books. Get the full story »

Analysts: Thinner iPad in works

Bloomberg News | Analysts say Apple is working on a thinner iPad for introduction next year with a camera for video calling and global wireless capabilities.

Google to delete personal data gathered in Britain

Britain’s information security watchdog says that Google Inc. has agreed to delete the personal data collected by the company’s Street View cars.
Get the full story »

MySpace to let users log directly into Facebook

In a sign of the companies’ divergent fortunes, MySpace says it will let its users log in to their Facebook accounts through their MySpace page. Get the full story »