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US panel: China tech giants pose security threat

Submitted by Fox First at Ten on October 7th

By MATTHEW PENNINGTONAssociated Press WASHINGTON (AP) - American companies should avoid doing business with China's two leading technology firms because they pose a national security threat to the United States, the House Intelligence Committee is warning in a report to be issued Monday.

CenturyLink, union fail to reach labor agreement

Submitted by Fox First at Ten on October 7th

DENVER (AP) - CenturyLink and the union representing 13,000 workers in 13 states in the West and Midwest have failed to reach a contract agreement, but agreed to a day-to-day extension of the expired pact. The Communications Workers of America made the announcement after the existing labor contract

Qatar Telecom boosts stake in Kuwaiti telecom firm

Submitted by Fox First at Ten on October 7th

DUBAI, United Arab Emirates (AP) - Qatar Telecom says it is paying $1.8 billion to substantially boost its stake in Kuwaiti telecommunications operator Wataniya. The Qatari firm said Sunday it will own 92.1 percent of Wataniya, which is known officially as the National Mobile Telecommunications

Earnings schedule for telecommunications companies

Submitted by Fox First at Ten on October 5th

By The Associated Press Later this month, telecommunications companies will begin releasing their earnings reports for the latest quarter. It will generally cover the July-September period, though some companies have fiscal quarters that depart from that. Here's a schedule for selected

Facebook now home to 1 billion monthly users

Submitted by Fox First at Ten on October 4th

By BARBARA ORTUTAYAP Technology Writer NEW YORK (AP) - More than a billion people now log into Facebook each month to check up on old friends, tag photos of new ones and post about politics, religion, cats or what their kids are doing. That's double the 500 million it hit in July 2010 -

Stocks seal 3Q gains despite bumpy final days

Submitted by Fox First at Ten on September 28th

By JOSHUA FREEDAP Business Writer Stocks posted solid gains for the third quarter, although the ride got bumpy at the end. Stocks fell five days of the last six, including on Friday, the last trading day of the quarter. But the big indexes are still up 4 percent or more for the three months.

Turkey to block access to anti-Islam film

Submitted by Fox First at Ten on September 26th

ANKARA, Turkey (AP) - A Turkish court issued an order on Wednesday allowing authorities in the country to block Internet access to the anti-Islam movie that has sparked violent protests across the Muslim world, an official said. Binali Yildirim, the minister in charge of transportation and

US stocks drift as European gloom returns

Submitted by Fox First at Ten on September 24th

By DANIEL WAGNERAP Business Writer U.S. stocks meandered sideways Monday as fears about Europe overshadowed recent excitement about central banks' efforts to boost the market. Stocks opened lower, recovered by mid-afternoon to nearly flat and closed down modestly. An index of business

Lucent to pay $4.2M over Iraq 911 system testing

Submitted by Fox First at Ten on September 21st

By GENE JOHNSONAssociated Press SEATTLE (AP) - A French-owned telecommunications company has agreed to pay $4.2 million to settle a whistleblower's lawsuit over the testing of a 911-style emergency response system in Iraq, the Justice Department said Friday. Lucent Technologies World

T-Mobile USA names Legere as its new CEO

Submitted by Fox First at Ten on September 19th

NEW YORK (AP) - T-Mobile on Wednesday named the former CEO of Global Crossing, John Legere, as its new chief executive. T-Mobile USA, which is based in Bellevue, Wash., is the U.S. cellphone business of Germay's Deutsche Telekom AG. The country's fourth-largest wireless carrier, it has been