Account
In the smartphone business, following the money leads right to Samsung Electronics Co. (005930.SE, SSNHY).Outspent by rival Apple Inc. (AAPL) more than three to one in advertising for mobile phones in the U.S. in 2011, Samsung responded with a marketing blitz on TV, billboards, the Internet and print media that moved the South Korean company into the pole position last year.In 2012, Samsung spent $401 million advertising its phones in the U.S. to Apple's $333 million, according to ad-research and consulting firm Kantar Media. The onslaught--including ads that poked fun at Apple while dubbing Samsung devices "The Next Big Thing"--has helped Samsung open a huge lead in the global smartphone race.The willingness to spend heavily could prove even more important as the technology gap between rivals narrows."They understand how to build a strong product .. and have been willing to invest to drive their success," said Michael Sievert, chief marketing officer of T-Mobile USA Inc., a unit of De...
Concerns about election results in Italy weighed on U.S. markets on Monday, which led to selling in tech stocks and left much of the sector in the red.The potential ...
Samsung Electronics Co. (SSNHY) has become the biggest seller of mobile devices using Google Inc.'s (GOOG) Android mobile operating system. That creates a problem fo...
Shares of Zynga Inc. and Netflix Inc. made strong gains Monday, though much of the tech sector was weighed down by broad-market weakness by the early afternoon.The N...
The world's largest payments networks are angling to capture more electronic transactions by eliminating plastic from the equation.Visa Inc. (V) and MasterCard Inc. ...
Deutsche Telekom AG (DTE.XE) is open to partnerships in markets where it is in a challenger position, the company's management board member for Europe said Monday."P...
General Motors still believes it can strike a deal in the next few days with German labor unions over a restructuring of its loss-making European arm Opel, GM Vice C...
Vodafone says that it does not need to sell part of its stake in the highly profitable Verizon Wireless joint venture in the United States to bolster its position in...
General Motors Co has chosen AT&T Inc to provide high-speed wireless service for its 2015 car models, dropping its long-term provider Verizon Wireless.OnStar - best ...
MasterCard Inc. (MA) is angling to capture more electronic transactions by eliminating the plastic from the equation.The Purchase, N.Y.-based company, which operates...
0138 GMT [Dow Jones] Taiwan shares are 0.2% lower at 7972.85 amid a lack of new catalysts as investors stay cautious ahead of the earnings results season, says Mars ...
Hewlett-Packard Co announced the launch of a $169 tablet powered by the Android operating system, a centerpiece of the company's effort to expand in mobile devices a...
When the bosses of global mobile operators meet in Barcelona this week, there will be an elephant in the room: the widening gap between fast-growing and richly-value...
The following summarizes Wednesday's main stories from the Mobile World Congress in Barcelona:Qatar Telecom in 'Final Evaluation' of Potential Maroc Telecom Bid - CE...
Qatar Telecom's (QTEL.DO) chief executive said Wednesday that Maroc Telecom (IAM.CL), could be a "good fit" with its portfolio of operators, and it is now evaluating...
Afghanistan's appetite for mobile technology and the associated need for digital security is transforming the country's communication agenda, attracting overseas inv...
Nokia-Siemens Networks is mounting an expansion drive in North America where the world's third-largest telecom equipment maker believes a spate of deal-making among ...
U.K. telecom services firm Cable & Wireless Communications PLC (CWC.LN) will look for growth opportunities in the Caribbean once it finishes its current sale of asse...
Mobile carrier E-Plus has tasked Nokia Siemens Networks, a joint venture between Nokia Corp. (NOK) and Siemens AG (SI), to build its fast, LTE network, NSN said Tues...
Deutsche Telekom AG's (DTEGY) Chief Executive Rene Obermann Tuesday said that Europe must reduce regulations for its telecommunications sector, throwing his weight b...
